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Keywords: stochastic optimization
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Proceedings Papers

Proc. ASME. POWER2020, ASME 2020 Power Conference, V001T06A001, August 4–5, 2020
Paper No: POWER2020-16195
... STOCHASTIC OPTIMIZATION FOR LONG TERM CAPITAL STRUCTURES, SYSTEMS, AND COMPONENTS REFURBISHMENT AND REPLACEMENT Congjian Wang1, Diego Mandelli1, Shawn St Germain, Curtis Smith Idaho National Laboratory Idaho Falls, ID David Morton Northwestern University Evanston, IL Ivilina Popova Texas State...
Proceedings Papers

Proc. ASME. POWER2020, ASME 2020 Power Conference, V001T11A007, August 4–5, 2020
Paper No: POWER2020-16916
... production components and varied markets. HERON is capable of optimizing high-resolution dispatch for such systems and guiding stochastic optimization algorithms in RAVEN for finding optimal component capacities. In particular, this document demonstrates the application of HERON to systems with deregulated...