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- W2959770057 abstract "This paper presents a comparison between two surrogate-assisted optimization methods dealing with two-stage stochastic programming. The Efficient Global Optimization (EGO) framework is challenging a method coupling Genetic Algorithm (GA) and offline-learnt kriging model for the lower stage optimization. The objective is to prove the good behavior of bayesian optimization (and in particular EGO) applied to a real-world two-stage problem with strong dependencies between the stages. The problem consists in determining the optimal strategy of an electricity market player participating in reserve (first stage) as well as day-ahead energy and real-time markets (second stage). The decisions optimized at the first stage induce constraints on the second stage so that both stages can not be dissociated. One additional difficulty is the stochastic aspect due to uncertainties of several parameters (e.g. renewable energy-based generation) that requires more computational power to be handled. Surrogate models are introduced to deal with that additional computational burden. Experiments show that the EGO-based approach gives better results than GA with offline kriging model using smaller budget." @default.
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- W2959770057 date "2019-07-01" @default.
- W2959770057 modified "2023-10-09" @default.
- W2959770057 title "Surrogate-Assisted Optimization for Multi-stage Optimal Scheduling of Virtual Power Plants" @default.
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- W2959770057 doi "https://doi.org/10.1109/hpcs48598.2019.9188065" @default.
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