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The uncertainties of the predicted load demand and N-K contingencies are very significant aspects to composite generation and transmission expansion planning (CGTEP). In this paper, multi-contingency constrained CGTEP with load uncertainty was analyzed from stringent mathematical view and formulated as a tri-level optimization model. To effectively solve the tri-level optimization, the entire problem...
The cost effective management of a supply chain under stochastic influences, e.g. in demand or the replenishment lead time, is a critical issue. In this paper a multi-stage and multi-product supply chain is investigated where each member uses the (s,Q)-policy for inventory management. A bi-objective optimization problem to minimize overall supply chain costs while maximizing service level for retailers...
This paper first briefly reviews the typical functionality and structure of market-based generation and transmission planning tools. Possible new functions are discussed to include bidding strategy models and system dynamics models. The former is used to reflect the behavior and the learning process of market participants and the latter represents an information feedback loop to account for long term...
Building on the extensive research in Virtual Reality (VR), we are proposing a new dynamic prototype for modelling and simulating carbon emissions in a virtual village called VIRVIL. VIRVIL is a simulated settlement for the assessment of the impact of low and zero carbon technologies and measures in the built environment. The prototype will focus on the impact on the community as a whole, as well...
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