This book provides an overview on stochastic optimization and its application in the Energy Industry. Special focus is given on hydro-thermal scheduling and, more generally, storage systems. The book begins by illuminating several approaches to deal with uncertainties (e.g., robust optimization, chance-constraints, stochastic optimization) and discusses their relations, advantages and disadvantages. Special focus is given on GAMS coded examples and the usage of the GAMS software. The book is very suitable for courses in business schools, system engineering, applied mathematics, operations research and energy producing industry.
- ISBN10 3834816078
- ISBN13 9783834816078
- Publish Date 7 September 2017
- Publish Status Active
- Out of Print 17 March 2016
- Publish Country DE
- Publisher Springer Fachmedien Wiesbaden
- Imprint Vieweg+Teubner Verlag
- Edition 2017 ed.
- Format Hardcover
- Pages 300
- Language English