This study is motivated by the evidence of global warming, which is caused by human activity but affects the efficiency of the economy. We employ the integrated assessment Nordhaus DICE-2007 model [16]. Generally speaking, the framework is that of dynamic optimization of the discounted...

This paper proposes a solution method for the discrete-time long-term dynamic portfolio optimization problem with state and asset allocation constraints. We use the ideas of Model Predictive Control (MPC) to solve the constrained stochastic control problem. MPC is a solution technique which was...

In this paper we deal with the problem of efficiently optimizing microgrid operations while satisfying a time-varying request and operation constraints. Microgrids are subsystems of the distribution grid comprising sufficient generating resources to operate in isolation from the main grid, in a...

This paper deals with the application of an anticipating and coordinating feedback control scheme in order to mitigate the long-term voltage instability of multi-area power systems. Each local area is uniquely controlled by a control agent (CA) selecting control values based on model predictive...

A method for an efficient operation of a battery energy storage system (BESS) associated with frequency control problem is presented in this paper. A control system model is proposed to simulate the operation of BESS, and a controller is designed. The strategy is based on model predictive...

When designing a building energy system based on renewable energy sources, a major challenge is the suitable sizing of its components. In this paper, a simulation tool is presented for determining the optimal sizes of the main components of a stand-alone building energy system which integrates...

This paper deals with fuzzy model based multivariable predictive control (FMMPC) for wind turbine generator. Using Linear Matrix Inequalities (LMI) technique combined with predictive approach, a FMMPC law is designed easily by solving a convex optimization problem subject to LMI conditions....

A battery energy storage system (BESS) is usually integrated with a wind farm to smooth out its intermittent power in order to make it more dispatchable. This paper focuses on the development of a scheme to minimize the capacity of BESS in a distributed configuration using model predictive...

This paper addresses model predictive control (MPC) of highly-coupled clusters of sea wave energy converters (WECs). Since each WEC is not only a wave absorber but also a wave generator, the motion of each WEC can be affected by the waves generated by its adjacent WECs when they are close to...

Battery fast charging is one of the most significant and difficult techniques affecting the commercialization of electric vehicles (EVs). In this paper, we propose a fast charge framework based on model predictive control, with the aim of simultaneously reducing the charge duration, which...