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Operation and Configuration of a Storage Portfolio via Convex Optimization
Convex optimization Predictive control Energy management systems
2015/7/9
We consider a portfolio of storage devices which is used to modify a commodity flow so as to minimize an average cost function. The individual storage devices have different parameters that characteri...
Cost Optimal Operation of Thermal Energy Storage System with Real-Time Prices
Cost Optimal Operation Thermal Energy Storage System Real-Time Prices
2015/7/9
In this paper we propose a method to optimize operation of a thermal energy storage (TES) system for heating, ventilation and air conditioning (HVAC) in terms of electricity cost. We pose this optimiz...
On Convergence to Stationarity of Fractional Brownian Storage
Convergence to stationarity fractional Brownian motion storage process large deviations.
2015/7/6
With M(t):= sup0≤s≤t A(s)−s denoting the running maximum of a fractional Brownian motion A(·) with negative drift, this paper studies the rate of convergence of P(M(t)>x) to P(M>x). We define tw...