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4.4. Dynamic programming models

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  • Poch, Leslie A.
  • Jenkins, R.T.

Abstract

The use of dynamic programming in system expansion planning models is discussed. Dynamic programming is a very powerful technique for solving optimization problems. A brief overview of the dynamic programming methodology is presented along with an example of how dynamic programming was applied in a model developed for electric system expansion planning.

Suggested Citation

  • Poch, Leslie A. & Jenkins, R.T., 1990. "4.4. Dynamic programming models," Energy, Elsevier, vol. 15(7), pages 573-581.
    • Handle: RePEc:eee:energy:v:15:y:1990:i:7:p:573-581
    DOI: 10.1016/0360-5442(90)90006-N
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    References listed on IDEAS

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    1. Richard Bellman, 1957. "On a Dynamic Programming Approach to the Caterer Problem--I," Management Science, INFORMS, vol. 3(3), pages 270-278, April.
    2. Dennis Anderson, 1972. "Models for Determining Least-Cost Investments in Electricity Supply," Bell Journal of Economics, The RAND Corporation, vol. 3(1), pages 267-299, Spring.
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    Cited by:

    1. Cheng, Chuntian & Li, Shushan & Li, Gang, 2014. "A hybrid method of incorporating extended priority list into equal incremental principle for energy-saving generation dispatch of thermal power systems," Energy, Elsevier, vol. 64(C), pages 688-696.
    2. Laha, Priyanka & Chakraborty, Basab, 2017. "Energy model – A tool for preventing energy dysfunction," Renewable and Sustainable Energy Reviews, Elsevier, vol. 73(C), pages 95-114.

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