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Due to better wind conditions at sea, offshore wind farms have the advantage of higher electricity production compared to onshore and inland wind farms. In contrast, a greater material input, leading to increased energy consumptions and emissions during the production phase, is required to build...
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In this paper we describe PAVER 2.0, an environment (i.e. a process and a suite of tools supporting that process) for the automated performance analysis of benchmarking data. This new environment improves on its predecessor by addressing some of the shortcomings of the original PAVER (Bussieck...
Persistent link: https://www.econbiz.de/10010994110
We propose a new scenario tree reduction algorithm for multistage stochastic programs, which integrates the reduction of a scenario tree into the solution process of the stochastic program. This allows to construct a scenario tree that is highly adapted on the optimization problem. The algorithm...
Persistent link: https://www.econbiz.de/10010847704
We propose a new scenario tree reduction algorithm for multistage stochastic programs, which integrates the reduction of a scenario tree into the solution process of the stochastic program. This allows to construct a scenario tree that is highly adapted on the optimization problem. The algorithm...
Persistent link: https://www.econbiz.de/10010950121
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In this paper, a model for (joint) dynamic chance constraints is proposed and applied to an optimization problem in water reservoir management. The model relies on discretization of the decision variables but keeps the probability distribution continuous. Our approach relies on calculating...
Persistent link: https://www.econbiz.de/10008865083
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