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This paper describes a new approach for optimization and simulation of hydro-thermal systems. The approach mimics how the market is operated and utilizes the same tools as the market players. One of the major complexities in hydrothermal optimization models are caused by the number of hydro storages. The proposed model solves this multidimensionality problem iteratively using price decoupling and...
The construction industry has been facing a paradigm shift to (i) increase; productivity, efficiency, infrastructure value, quality and sustainability, (ii) reduce; lifecycle costs, lead times and duplications, via effective collaboration and communication of stakeholders in construction projects. Digital construction is a political initiative to address low productivity in the sector. This seeks...
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