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We present a single stage stochastic mixed integer linear model for determining the optimal mix of different technologies for electricity generation, ranging from coal, nuclear and combined cycle gas turbine to hydroelectric, wind and photovoltaic, taking into account the existing plants, the cost of investment in new plants, maintenance costs, purchase and sale of $${CO}_2$$ CO 2 emission...
We propose a two-stage stochastic optimization model for maximizing the profit of a price-taker power producer who has to decide his own power generation capacity expansion plan in a long time horizon, taking into account the uncertainty of the following parameters: fuel costs; market electricity prices, as well as prices of green certificates and CO2 emission allowances; market share. The parameter...
We present a decision support procedure for the configuration of distributed generation systems in residential districts, where various types of energy demands (electrical load, high and medium temperature thermal load, cooling load) have to be served. In the configuration process alternative solutions have to be compared, both from a technical and an economical point of view, taking into account...
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