Partially Adaptive Stochastic Optimization for Electric Power Generation Expansion Planning
Author
Abstract
Suggested Citation
DOI: 10.1287/ijoc.2017.0782
Download full text from publisher
References listed on IDEAS
- James C. Bean & Julia L. Higle & Robert L. Smith, 1992. "Capacity Expansion Under Stochastic Demands," Operations Research, INFORMS, vol. 40(3-supplem), pages 210-216, June.
- M A H Dempster & N Hicks Pedrón & E A Medova & J E Scott & A Sembos, 2000. "Planning logistics operations in the oil industry," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 51(11), pages 1271-1288, November.
- Jitka Dupačová & Marida Bertocchi & Vittorio Moriggia, 2009. "Testing the structure of multistage stochastic programs," Computational Management Science, Springer, vol. 6(2), pages 161-185, May.
- Daniel Bienstock & Jeremy F. Shapiro, 1988. "Optimizing Resource Acquisition Decisions by Stochastic Programming," Management Science, INFORMS, vol. 34(2), pages 215-229, February.
- Oded Berman & Zvi Ganz & Janet M. Wagner, 1994. "A stochastic optimization model for planning capacity expansion in a service industry under uncertain demand," Naval Research Logistics (NRL), John Wiley & Sons, vol. 41(4), pages 545-564, June.
- Richard J. Giglio, 1970. "Stochastic Capacity Models," Management Science, INFORMS, vol. 17(3), pages 174-184, November.
- Kjetil Høyland & Stein W. Wallace, 2001. "Generating Scenario Trees for Multistage Decision Problems," Management Science, INFORMS, vol. 47(2), pages 295-307, February.
- Jeremy A. Bloom & Michael Caramanis & Leonid Charny, 1984. "Long-Range Generation Planning Using Generalized Benders' Decomposition: Implementation and Experience," Operations Research, INFORMS, vol. 32(2), pages 290-313, April.
- Kavinesh J. Singh & Andy B. Philpott & R. Kevin Wood, 2009. "Dantzig-Wolfe Decomposition for Solving Multistage Stochastic Capacity-Planning Problems," Operations Research, INFORMS, vol. 57(5), pages 1271-1286, October.
- Jeremy A. Bloom, 1983. "Solving an Electricity Generating Capacity Expansion Planning Problem by Generalized Benders' Decomposition," Operations Research, INFORMS, vol. 31(1), pages 84-100, February.
- Shabbir Ahmed & Nikolaos V. Sahinidis, 2003. "An Approximation Scheme for Stochastic Integer Programs Arising in Capacity Expansion," Operations Research, INFORMS, vol. 51(3), pages 461-471, June.
- Kai Huang & Shabbir Ahmed, 2009. "The Value of Multistage Stochastic Programming in Capacity Planning Under Uncertainty," Operations Research, INFORMS, vol. 57(4), pages 893-904, August.
- John Freidenfelds, 1980. "Capacity Expansion when Demand Is a Birth-Death Random Process," Operations Research, INFORMS, vol. 28(3-part-ii), pages 712-721, June.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Kim, Dowon & Ryu, Heelang & Lee, Jiwoong & Kim, Kyoung-Kuk, 2022. "Balancing risk: Generation expansion planning under climate mitigation scenarios," European Journal of Operational Research, Elsevier, vol. 297(2), pages 665-679.
- Sajad Aliakbari Sani & Olivier Bahn & Erick Delage & Rinel Foguen Tchuendom, 2022. "Robust Integration of Electric Vehicles Charging Load in Smart Grid’s Capacity Expansion Planning," Dynamic Games and Applications, Springer, vol. 12(3), pages 1010-1041, September.
- Zhouchun Huang & Qipeng P. Zheng & Andrew L. Liu, 2022. "A Nested Cross Decomposition Algorithm for Power System Capacity Expansion with Multiscale Uncertainties," INFORMS Journal on Computing, INFORMS, vol. 34(4), pages 1919-1939, July.
- Aliakbari Sani, Sajad & Bahn, Olivier & Delage, Erick, 2022. "Affine decision rule approximation to address demand response uncertainty in smart Grids’ capacity planning," European Journal of Operational Research, Elsevier, vol. 303(1), pages 438-455.
- J. Cole Smith, 2019. "In Memoriam: Shabbir Ahmed (1969–2019)," INFORMS Journal on Computing, INFORMS, vol. 31(4), pages 633-635, October.
- Xin Shi & Alberto J. Lamadrid L. & Luis F. Zuluaga, 2021. "Revenue Adequate Prices for Chance-Constrained Electricity Markets with Variable Renewable Energy Sources," Papers 2105.01233, arXiv.org.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Kai Huang & Shabbir Ahmed, 2009. "The Value of Multistage Stochastic Programming in Capacity Planning Under Uncertainty," Operations Research, INFORMS, vol. 57(4), pages 893-904, August.
- Bakker, Hannah & Dunke, Fabian & Nickel, Stefan, 2020. "A structuring review on multi-stage optimization under uncertainty: Aligning concepts from theory and practice," Omega, Elsevier, vol. 96(C).
- Torres-Rincón, Samuel & Sánchez-Silva, Mauricio & Bastidas-Arteaga, Emilio, 2021. "A multistage stochastic program for the design and management of flexible infrastructure networks," Reliability Engineering and System Safety, Elsevier, vol. 210(C).
- Kavinesh J. Singh & Andy B. Philpott & R. Kevin Wood, 2009. "Dantzig-Wolfe Decomposition for Solving Multistage Stochastic Capacity-Planning Problems," Operations Research, INFORMS, vol. 57(5), pages 1271-1286, October.
- Shabbir Ahmed & Nikolaos V. Sahinidis, 2003. "An Approximation Scheme for Stochastic Integer Programs Arising in Capacity Expansion," Operations Research, INFORMS, vol. 51(3), pages 461-471, June.
- Majid Taghavi & Kai Huang, 2016. "A multi‐stage stochastic programming approach for network capacity expansion with multiple sources of capacity," Naval Research Logistics (NRL), John Wiley & Sons, vol. 63(8), pages 600-614, December.
- Qin, Ruwen & Nembhard, David A., 2012. "Demand modeling of stochastic product diffusion over the life cycle," International Journal of Production Economics, Elsevier, vol. 137(2), pages 201-210.
- Aliakbari Sani, Sajad & Bahn, Olivier & Delage, Erick, 2022. "Affine decision rule approximation to address demand response uncertainty in smart Grids’ capacity planning," European Journal of Operational Research, Elsevier, vol. 303(1), pages 438-455.
- Benjamin F. Hobbs & Yuandong Ji, 1999. "Stochastic Programming-Based Bounding of Expected Production Costs for Multiarea Electric Power System," Operations Research, INFORMS, vol. 47(6), pages 836-848, December.
- Hongmin Li & Stephen C. Graves & Woonghee Tim Huh, 2014. "Optimal Capacity Conversion for Product Transitions Under High Service Requirements," Manufacturing & Service Operations Management, INFORMS, vol. 16(1), pages 46-60, February.
- Yongpei Guan, 2011. "Stochastic lot-sizing with backlogging: computational complexity analysis," Journal of Global Optimization, Springer, vol. 49(4), pages 651-678, April.
- Martínez-Costa, Carme & Mas-Machuca, Marta & Benedito, Ernest & Corominas, Albert, 2014. "A review of mathematical programming models for strategic capacity planning in manufacturing," International Journal of Production Economics, Elsevier, vol. 153(C), pages 66-85.
- Zhouchun Huang & Qipeng P. Zheng & Andrew L. Liu, 2022. "A Nested Cross Decomposition Algorithm for Power System Capacity Expansion with Multiscale Uncertainties," INFORMS Journal on Computing, INFORMS, vol. 34(4), pages 1919-1939, July.
- Yang, Qing & Zhang, Lei & Zou, Shaohui & Zhang, Jinsuo, 2020. "Intertemporal optimization of the coal production capacity in China in terms of uncertain demand, economy, environment, and energy security," Energy Policy, Elsevier, vol. 139(C).
- Sarah M. Ryan, 2003. "Capacity expansion with lead times and autocorrelated random demand," Naval Research Logistics (NRL), John Wiley & Sons, vol. 50(2), pages 167-183, March.
- Zhen, Lu & He, Xueting & Zhuge, Dan & Wang, Shuaian, 2024. "Primal decomposition for berth planning under uncertainty," Transportation Research Part B: Methodological, Elsevier, vol. 183(C).
- Van-Anh Truong & Robin O. Roundy, 2011. "Multidimensional Approximation Algorithms for Capacity-Expansion Problems," Operations Research, INFORMS, vol. 59(2), pages 313-327, April.
- Geun-Cheol Lee & Martin Höhenrieder & Jean-Paul Watson & David Woodruff, 2015. "Chance and service level constraints for stochastic generation expansion planning," Netnomics, Springer, vol. 16(3), pages 169-191, December.
- Timo Lohmann & Michael R. Bussieck & Lutz Westermann & Steffen Rebennack, 2021. "High-Performance Prototyping of Decomposition Methods in GAMS," INFORMS Journal on Computing, INFORMS, vol. 33(1), pages 34-50, January.
- Woonghee Tim Huh & Robin O. Roundy, 2005. "A continuous‐time strategic capacity planning model," Naval Research Logistics (NRL), John Wiley & Sons, vol. 52(4), pages 329-343, June.
More about this item
Keywords
generation expansion planning; multistage stochastic optimization; approximation algorithm;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:inm:orijoc:v:30:y:2018:i:2:p:388-401. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Asher (email available below). General contact details of provider: https://edirc.repec.org/data/inforea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.