Wavelet-based grid-adaptation for nonlinear scheduling subject to time-variable electricity prices

Pascal Schäfer, Artur M. Schweidtmann, Philipp H.A. Lenz, Hannah M.C. Markgraf, Alexander Mitsos*

*Corresponding author for this work

Research output: Contribution to journalArticleScientificpeer-review

8 Citations (Scopus)

Abstract

Using nonlinear process models in discrete-time scheduling typically prohibits long planning horizons with fine temporal discretizations. Therefore, we propose an adaptive grid algorithm tailored for scheduling subject to time-variable electricity prices. The scheduling problem is formulated in a reduced space. In the algorithm, the number of degrees of freedom is reduced by linearly mapping one degree of freedom to multiple intervals with similar electricity prices. The mapping is iteratively refined using a wavelet-based analysis of the previous solution. We apply the algorithm to the scheduling of a compressed air energy storage. We model the efficiency characteristics of the turbo machinery using artificial neural networks. Using our in-house global solver MAiNGO, the algorithm identifies a feasible near-optimal solution with < 1% deviation in the objective value within < 5% of the computational time compared to a solution considering the full dimensionality.

Original languageEnglish
Article number106598
JournalComputers and Chemical Engineering
Volume132
DOIs
Publication statusPublished - 2020
Externally publishedYes

Keywords

  • Adaptive refinement
  • Artificial neural networks
  • Discrete-time scheduling
  • Global optimization
  • Reduced-space

Fingerprint

Dive into the research topics of 'Wavelet-based grid-adaptation for nonlinear scheduling subject to time-variable electricity prices'. Together they form a unique fingerprint.

Cite this