Gaussian Process Regression Based Multi-Objective Bayesian Optimization for Power System Design

Nicolai Palm, Markus Landerer and Herbert Palm ()
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Nicolai Palm: Systems Engineering Laboratory, University of Applied Sciences, Lothstrasse 64, 80335 München, Germany
Markus Landerer: Systems Engineering Laboratory, University of Applied Sciences, Lothstrasse 64, 80335 München, Germany
Herbert Palm: Systems Engineering Laboratory, University of Applied Sciences, Lothstrasse 64, 80335 München, Germany

Sustainability, 2022, vol. 14, issue 19, 1-23

Abstract: Within a disruptively changing environment, design of power systems becomes a complex task. Meeting multi-criteria requirements with increasing degrees of freedom in design and simultaneously decreasing technical expertise strengthens the need for multi-objective optimization (MOO) making use of algorithms and virtual prototyping. In this context, we present Gaussian Process Regression based Multi-Objective Bayesian Optimization (GPR-MOBO) with special emphasis on its profound theoretical background. A detailed mathematical framework is provided to derive a GPR-MOBO computer implementable algorithm. We quantify GPR-MOBO effectiveness and efficiency by hypervolume and the number of required computationally expensive simulations to identify Pareto-optimal design solutions, respectively. For validation purposes, we benchmark our GPR-MOBO implementation based on a mathematical test function with analytically known Pareto front and compare results to those of well-known algorithms NSGA-II and pure Latin Hyper Cube Sampling. To rule out effects of randomness, we include statistical evaluations. GPR-MOBO turnes out as an effective and efficient approach with superior character versus state-of-the art approaches and increasing value-add when simulations are computationally expensive and the number of design degrees of freedom is high. Finally, we provide an example of GPR-MOBO based power system design and optimization that demonstrates both the methodology itself and its performance benefits.

Keywords: power system design; multi-objective optimization; gaussian process regression; Bayesian Optimization; expected hypervolume improvement; squared exponential kernel (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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