relation: http://eprints.imtlucca.it/494/
title: Optimal control of investments for quality of supply improvement in electrical energy distribution networks
creator: Bemporad, Alberto
creator: Muñoz de la Peña, David
creator: Piazzesi, Peter
subject: HB Economic Theory
subject: TK Electrical engineering. Electronics Nuclear engineering
description: This paper considers the problem of deciding multi-period investments for maintenance and upgrade of electrical energy distribution networks. After describing the network as a constrained hybrid dynamical system, optimal control theory is applied to optimize profit under a complex incentive/penalty mechanism imposed by public authorities. The dynamics of the system and the cost function are translated into a mixed integer optimization model, whose solution gives the optimal investment policy over the multi-period horizon. While for a reduced-size test problem the pure mixed-integer approach provides the best optimal control policy, for real-life large-scale scenarios a heuristic solution is also introduced. Finally, the uncertainty associated with the dynamical model of the network is taken care of by adopting ideas from stochastic programming.
publisher: Elsevier Science Limited
date: 2006-08
type: Article
type: PeerReviewed
identifier:   Bemporad, Alberto and Muñoz de la Peña, David and Piazzesi, Peter  Optimal control of investments for quality of supply improvement in electrical energy distribution networks.  Automatica, 42 (8).  pp. 1331-1336.  ISSN 0005-1098      (2006)  
relation: http://www.sciencedirect.com/science/article/pii/S0005109806001014
relation: 10.1016/j.automatica.2006.02.008