We apply duality methods of linear and convex programming to the problems of operation and rental valuation of facilities for conversion and storage of cyclically priced goods, e.g. , energy. Both problems are approached by shadow-pricing the stock (which is a purely intermediate commodity); and...

With the increasing amount of volatile infeed from renewable energy sources the need for flexibility becomes more and more urgent. This holds especially for the distribution grids where critical load situations caused by high local renewable infeed occur increasingly often. Therefore, demand...

In this paper, a new multi-objective technique has been proposed for optimal analysis of three different candidate heat pump solutions including the vapor compression cycle (VCC), trans-critical R744 cycle, and Peltier device to determine which one gives the best configuration and better...