3 papers
math.OC2025
A Scenario-Spatial Decomposition Approach With a Performance Guarantee for the Combined Bidding of Cascaded Hydropower and Renewables
Luca Santosuosso, Simon Camal, Arthur Lett +3
This study develops a scalable co-optimization strategy for the joint bidding of cascaded hydropower, wind, and solar energy units, treated as a unified entity in the day-ahead mar…
math.OC2025
What Are We Clustering For? Establishing Performance Guarantees for Time Series Aggregation in Generation Expansion Planning
Luca Santosuosso, Bettina Klinz, Sonja Wogrin
Generation expansion planning (GEP) is a prominent example of capacity expansion problems in operations research. Being generally NP-hard, GEP optimization models can become intrac…
math.OC2025
Optimal Virtual Power Plant Investment Planning via Time Series Aggregation with Bounded Error
Luca Santosuosso, Sonja Wogrin
This study addresses the investment planning problem of a virtual power plant (VPP), formulated as a mixed-integer linear programming (MILP) model. As the number of binary variable…