Decision making under uncertainty in energy systems: State of the art

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Title: Decision making under uncertainty in energy systems: State of the art
Authors: Soroudi, Alireza
Amraee, Turaj
Permanent link: http://hdl.handle.net/10197/6153
Date: Dec-2013
Abstract: The energy system studies include a wide range of issues from short term (e.g. real-time, hourly, daily and weekly operating decisions) to long term horizons (e.g. planning or policy making). The decision making chain is fed by input parameters which are usually subject to uncertainties. The art of dealing with uncertainties has been developed in various directions and has recently become a focal point of interest. In this paper, a new standard classification of uncertainty modeling techniques for decision making process is proposed. These methods are introduced and compared along with demonstrating their strengths and weaknesses. The promising lines of future researches are explored in the shadow of a comprehensive overview of the past and present applications. The possibility of using the novel concept of Z-numbers is introduced for the first time.
Type of material: Journal Article
Publisher: Elsevier
Copyright (published version): 2013 Elsevier
Keywords: Fuzzy arithmetic;Info-gap decision theory;Probabilistic modeling;Robust optimization;Interval based analysis;Z-number
DOI: 10.1016/j.rser.2013.08.039
Language: en
Status of Item: Peer reviewed
Appears in Collections:Electrical and Electronic Engineering Research Collection

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