To optimally control the energy storage system of battery exposed to volatile daily cycling load and electricity tariffs, a novel modification conventional model predictive is proposed. The uncertainty prompts need design new cost function which able quantify associated uncertainty. By modelling probabilistic dependence among flow, load, expected obtained used in constrained optimization. propo...

In network investments, much of the real options value may reside “in” identifying the proper configuration to develop, in terms of the timing and sizing of its deployment. A longer-term perspective, with a treatment of uncertainty that moves beyond simply increasing deterministic specifications, has the potential to improve the design of networked infrastructures, such as power transmission ne...

The foundation for the development of successful products is based on knowledge about the characteristics of the product throughout the entire product life cycle. However, uncertainties can arise over the life cycle. These characteristics simultaneously influence each other and therefore the characteristics of the product in the product development and usage phases need to be identified. This u...

The term 'stress' - coined in 1936 - has many definitions, but until now has lacked a theoretical foundation. Here we present an information-theoretic approach - based on the 'free energy principle' - defining the essence of stress; namely, uncertainty. We address three questions: What is uncertainty? What does it do to us? What are our resources to master it? Mathematically speaking, uncertain...

The performance of power systems gets worsening due to the presence of sudden load changes, uncertainties of parameters etc. Therefore the design of load frequency control is very important in the modern power systems. This paper presents LFC control technique to reject the typical disturbance as well as control the large-scale system problems. Parameter uncertainty and load disturbance approac...

Terrestrial laserscanning broadens its application area in the civil engineering industry. This paper discusses the potential of the technology through the example of the deformation measurement of a new Hungarian bridge on the Danube during its load testing procedure. The paper discusses the complex procedure from the field measurement through primary data processing and the analysis of the la...

Uncertainty is an intrinsic aspect of demand response because electrical loads are subject to many random factors and their capabilities are often not directly measurable until they have been deployed. Demand response algorithms must therefore balance utilizing well-characterized, good loads and learning about poorly characterized but potentially good loads; this is a manifestation of the class...

this paper empirically investigates the relationship between cpi inflation uncertainty, and private investment in the iranian economy from 1988 to 2010 by using quarterly data. we employ a bivariate var(5)-garch(1,1)-in-mean with diagonal bekk model to discover in a unified framework how are the interactions between the variables. in the model, conditional variance of inflation and private inve...