Relevant optimization problems dealing with power generation and distribution require that the system be analyzed on an hour-to-hour scale. The resulting mathematical models are frequently computationally intractable due to the… Click to show full abstract
Relevant optimization problems dealing with power generation and distribution require that the system be analyzed on an hour-to-hour scale. The resulting mathematical models are frequently computationally intractable due to the very high number of variables and constraints. A popular method for reducing the problem size is to aggregate the time domain by selecting appropriate representative time slices. This study proposes: (i) a survey of the main aggregation techniques developed for power capacity-expansion modeling, and (ii) new aggregation methods and a computational comparison of the various approaches.
               
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