 Decision support for strategic energy planning: A robust optimization frameworkStefano Moret, Frédéric Babonneau, Michel Bierlaire and François Maréchal European Journal of Operational Research, 2020, vol. 280, issue 2, 539-554 Abstract: Optimization models for long-term energy planning often feature many uncertain inputs, which can be handled using robust optimization. However, uncertainty is seldom accounted for in the energy planning practice, and robust optimization applications in this field normally consider only a few uncertain parameters. A reason for this gap between energy practice and stochastic modeling is that large-scale energy models often present features—such as multiplied uncertain parameters in the objective and many uncertainties in the constraints—which make it difficult to develop generalized and tractable robust formulations. In this paper, we address these limiting features to provide a complete robust optimization framework allowing the consideration of all uncertain parameters in energy models. We also introduce an original approach to make use of the obtained robust formulations for decision support and provide a case study of a national energy system for validation. Keywords: OR in energy; Uncertainty; Robust optimization; Strategic planning; Decision support (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:280:y:2020:i:2:p:539-554 DOI: 10.1016/j.ejor.2019.06.015 Access Statistics for this article European Journal of Operational Research is currently edited by Roman Slowinski, Jesus Artalejo, Jean-Charles. Billaut, Robert Dyson and Lorenzo Peccati More articles in European Journal of Operational Research from Elsevier |
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