Solving generation expansion planning problems with environmental constraints by a bundle method

Solving generation expansion planning problems with environmental constraints by a bundle method

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Article ID: iaor20123907
Volume: 9
Issue: 2
Start Page Number: 163
End Page Number: 182
Publication Date: May 2012
Journal: Computational Management Science
Authors: ,
Keywords: geography & environment, planning
Abstract:

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.

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