Article ID: | iaor20123907 |
Volume: | 9 |
Issue: | 2 |
Start Page Number: | 163 |
End Page Number: | 182 |
Publication Date: | May 2012 |
Journal: | Computational Management Science |
Authors: | Sagastizbal Claudia, Solodov Mikhail |
Keywords: | geography & environment, planning |
We discuss the energy generation expansion planning with environmental constraints, formulated as a nonsmooth convex constrained optimization problem. To solve such problems, methods suitable for constrained nonsmooth optimization need to be employed. We describe a recently developed approach, which applies the usual unconstrained bundle techniques to a dynamically changing ‘improvement function’. Numerical results for the generation expansion planning are reported.