This study presents a dynamic way in a DG planning problem instead of the last static or pseudo-dynamic planning point of views. A new way in modeling the DG units’ output power and the load uncertainties based on the probability rules is proposed in this paper. A sensitivity analysis on the stochastic nature of the electricity price and global fuel price is carried out through a proposed model...

www.extension.umn.edu/beef In spite of increasing corn prices, incentives for feedlot expansion exist in the Upper Midwest due to the increased supply of ethanol co-product feeds, relatively inexpensive corn and forage, availability of crop land for manure application, and clearly defined feedlot regulations in states like Minnesota. A recent estimate of distillers’ grains supply of 24 million ...

in this paper, a mixed-integer linearized programming (minlp) model is presented to design a group layout (gl) of a cellular manufacturing system (cms) in a dynamic environment with considering production planning (pp) decisions. this model incorporates with an extensive coverage of important manufacturing features used in the design of cmss. there are also some features that make the presented...

Generation expansion planning is a challenging problem due to its large-scale, long-term, non-linear, and discrete nature of generation unit size. Since the computation revolution, there are several emerging techniques proposed to solve large scale optimization problem. Many of these techniques have been reported to use in generation expansion planning. This paper will describe these emerging o...

Transmission network expansion planning (TNEP) is an important component of power system planning. Itdetermines the characteristics and performance of the future electric power network and influences the powersystem operation directly. Different methods have been proposed for the solution of the static transmissionnetwork expansion planning (STNEP) problem till now. But in all of them, STNEP pr...

In recent years the expansion planning problem has become increasingly complex. As expansion planning (sometimes called composite or integrated resource planning) is a non-linear and nonconvex optimization problem, researchers have traditionally focused on approximate models of power flows to solve the problem. The problem has also been split into generation expansion planning (GEP) and transmi...

presence of distributed generation (dg) in electric distribution systems provides an attractive new alternative in capacity expansion planning of these systems. in this paper a new model is developed for solving simultaneous placement of hv/mv substations and dg units as a static planning tool. this model aims to minimize fixed and variable costs of planning. constraints related to dgs, substat...

We develop a method for pricing financial options under uncertain volatility. The method is based on the dynamic programming principle and a Fourier cosine expansion method. Local errors in the vicinity of domain boundaries, originating from the use of Fourier series expansions, may hamper the algorithm’s convergence. We use an extrapolation method to deal with these errors.