To capture mean reversion and sharp seasonal spikes observed in electricity prices, this paper develops a new stochastic model for electricity spot prices by time changing the Jump CoxIngersoll-Ross (JCIR) process with a random clock that is a composite of a Gamma subordinator and a deterministic clock with seasonal activity rate. The time-changed JCIR process is a timeinhomogeneous Markov semi...

A general framework is introduced to analyze the approximation properties of mapped Legendre polynomials and of interpolations based on mapped Legendre–Gauss–Lobatto points. Optimal error estimates featuring explicit expressions on the mapping parameters for several popular mappings are derived. These results not only play an important role in numerical analysis of mapped Legendre spectral and ...

therefore the damping layer has to be large enough to prevent reentrant waves at the physical boundary. Hence In this paper we develop a method for the simulation of wave propagation on artificially bounded domains. The acoustic wave the approach is not only costly in terms of memory requireequation is solved at all points away from the boundaries by a ments but also it is not very flexible. In...

Stability of the pseudospectral Chebychev collocation solution of the two-dimensional acoustic wave problem with absorbing boundary conditions is investigated. The continuous one-dimensional problem with one absorbing boundary and one Dirichlet boundary has previously been shown to be far from normal. Consequently, the spectrum of that problem says little about the stability behavior of the sol...

Abstract. This paper pr esents an energ y-optimal trajectory planning method fo r spacecraft fo rmation reconfiguration in deep space environment using continuous lo w-thrust propulsion system. First, we emplo y the Legendre pseudospectral method (LPM) to transform the optimal reconfiguration problem to a parameter optimization nonlinear programming (NLP) problem. Then, to avoid the computation...

Radial basis function-Pseudospectral method and Fourier Pseudospectral (FPS) method are extended for stiff nonlinear partial differential equations with a particular emphasis on the comparison of the two methods. Fourth-order Runge-Kutta scheme is applied for temporal discretization. The numerical results indicate that RBF-PS method can be more accurate than standard Fourier pseudospectral meth...

An important aspect of numerically approximating the solution of an infinite-horizon optimal control problem is the manner in which the horizon is treated. Generally, an infinite-horizon optimal control problem is approximated with a finite-horizon problem. In such cases, regardless of the finite duration of the approximation, the final time lies an infinite duration from the actual horizon at ...

The purpose of this paper is to establish a transition strategy for tilt-rotor vertical takeoff and landing (VTOL) unmanned aerial vehicles (UAVs) based on an optimal design method. Firstly, flyable corridor was calculated both the UAV’s dynamic equations its aerodynamic characteristics. UAV were organized into state equation forms. initial final value constraints control variables in process r...