Optimization of biogas supply networks considering multiple objectives and auction trading prices of electricity

Condition based maintenance optimization considering multiple objectives

In condition based maintenance (CBM) optimization, the main optimization objectives include maximizing reliability and minimizing maintenance costs, which are often times conflicting to each other. In this work, we develop a physical programming based approach to deal with the multi-objective condition based maintenance optimization problem. Physical programming presents two major advantages: (...

Capacitated Multimodal Structure of a Green Supply Chain Network Considering Multiple Objectives

In this paper, a supply chain network design problem is explained which contains environmental concerns in arcs and nodes of network. It is assumed that there are some routes such as road, rail and etc. in each pair of nodes. In this model decision variables are choosing facilities to open, environmental investment level in each facility and flow of products between nodes in each route. A multi...

Optimization of electricity trading using linear programming

In the last two decades, the liberalization of the electricity markets have been established in order to increase efficiency, harmonize and reduce electricity prices, make a better use of resources, give customers the right to choose their supplier and provide customers with a better service. This change made the electricity market competitive and introduced several new subjects. In this paper,...

Electricity Trading and Negative Prices: Storage vs. Disposal

Electricity cannot yet be stored on a large scale, but technological advances leading to cheaper and more efficient industrial batteries make grid-level storage of electricity surpluses a natural choice. Because electricity prices can be negative, it is unclear how the presence of negative prices might affect the storage policy structure known to be optimal when prices are only non-negative, or...

Emissions trading : Impact on electricity prices and energy - intensive industries