Strategic energy planning

Clean Electricity Transition under Technology Cost and Efficiency Uncertainty for Distributed Energy Systems: A Multi-Stage Stochastic Programming Framework

  • Ahmet Emir Şener
  • Burak Kocuk
  • Tuğçe Yüksel
    • Categories Energy, Stochastic Programming Tags , , ,

    The decarbonization of energy systems is an essential component of global climate mitigation, yet such transitions involve substantial capital requirements, ongoing technological progress, and the operational complexities of renewable integration. This study presents a dynamic strategic planning framework that applies multi-stage stochastic programming to guide clean electricity transitions for distributed energy systems. The model jointly … Read more

    Modeling uncertainty processes for multi-stage optimization of strategic energy planning: An auto-regressive and Markov chain formulation

  • Esnil Guevara
  • Frédéric Babonneau
  • Tito Homem-de-Mello
    • Categories Applications - OR and Management Sciences, Stochastic Programming Tags , , ,

    This paper deals with the modeling of stochastic processes in long-term multistage energy planning problems when little information is available on the degree of uncertainty of such processes. Starting from simple estimates of variation intervals for uncertain parameters, such as energy demands and costs, we model the temporal correlation of these parameters through autoregressive (AR) … Read more