Generation capacity expansion economic-environmental planning under uncertainty of demand and supply

Analytics and decision-making to inform public policy in response to diverse threats

“…Geographic, meteorological, and socioeconomic data were analyzed using a multivariate regression analysis, and the authors provided insights for city planners. Sadeghi et al (2020) described the problem of expanding electricity generation capacity under uncertain demand and supply conditions. The authors formulated the issue as a multi-objective optimization problem, with objectives of minimizing expected system cost and minimizing expected pollution costs.…”