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Part of the planning process in a multi-regional, interconnected electricity market involves electricity market simulation to look for indications of the need for new generation investment. Regional demand forecasts are required on a dispatch-interval basis for the simulation period, and as interregional demand diversity can affect market outcomes, appropriate levels of diversity should be chosen...
Real world problems, e.g. from transport domain, are typically non-deterministic and uncertain. Although there are some approaches, which try to forecast uncertain parameters like travel time, the uncertainty is rarely included in the planning process. In this paper a probabilistic forecasting method for travel time in a railway network is introduced which considers the dependencies between decisions...
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