Managing reliable emergency logistics for hazardous materials: A two-stage robust optimization approach

2021 ◽  
pp. 105557
Author(s):  
Ginger Y. Ke
Keyword(s):  
Robust Optimization ◽  
Hazardous Materials ◽  
Optimization Approach ◽  
Two Stage ◽  
Emergency Logistics

Adjustable robust optimization approach for two-stage operation of energy hub-based microgrids

Energy ◽  
2021 ◽  
Vol 222 ◽  
pp. 119894
Author(s):  
Mohammad H. Shams ◽  
Majid Shahabi ◽  
Mohammad MansourLakouraj ◽  
Miadreza Shafie-khah ◽  
João P.S. Catalão
Keyword(s):  
Robust Optimization ◽  
Optimization Approach ◽  
Two Stage ◽  
Energy Hub ◽  
Adjustable Robust Optimization

Two-stage robust optimization approach for flexible oxygen distribution under uncertainty in integrated iron and steel plants

2022 ◽  
Vol 306 ◽  
pp. 118022
Author(s):  
Sheng-Long Jiang ◽  
Gongzhuang Peng ◽  
I. David L. Bogle ◽  
Zhong Zheng
Keyword(s):  
Robust Optimization ◽  
Optimization Approach ◽  
Oxygen Distribution ◽  
Two Stage ◽  
Iron And Steel

Risk-Based Robust Bidding Strategies for EVs’ Aggregators in Day-ahead Markets with Uncertainty

2020 ◽  
Author(s):  
Ahmed Abdelmoaty ◽  
Wessam Mesbah ◽  
Mohammad A. M. Abdel-Aal ◽  
Ali T. Alawami
Keyword(s):  
Robust Optimization ◽  
Electricity Market ◽  
Real Life ◽  
Optimization Approach ◽  
Case Scenario ◽  
Worst Case ◽  
Bidding Strategies ◽  
Wind Generators ◽  
Proposed Model ◽  
Optimal Bidding

In the recent electricity market framework, the profit of the generation companies depends on the decision of the operator on the schedule of its units, the energy price, and the optimal bidding strategies. Due to the expanded integration of uncertain renewable generators which is highly intermittent such as wind plants, the coordination with other facilities to mitigate the risks of imbalances is mandatory. Accordingly, coordination of wind generators with the evolutionary Electric Vehicles (EVs) is expected to boost the performance of the grid. In this paper, we propose a robust optimization approach for the coordination between the wind-thermal generators and the EVs in a virtual<br>power plant (VPP) environment. The objective of maximizing the profit of the VPP Operator (VPPO) is studied. The optimal bidding strategy of the VPPO in the day-ahead market under uncertainties of wind power, energy<br>prices, imbalance prices, and demand is obtained for the worst case scenario. A case study is conducted to assess the e?effectiveness of the proposed model in terms of the VPPO's profit. A comparison between the proposed model and the scenario-based optimization was introduced. Our results confirmed that, although the conservative behavior of the worst-case robust optimization model, it helps the decision maker from the fluctuations of the uncertain parameters involved in the production and bidding processes. In addition, robust optimization is a more tractable problem and does not suffer from<br>the high computation burden associated with scenario-based stochastic programming. This makes it more practical for real-life scenarios.<br>

Sign in / Sign up

Export Citation Format

Share Document