2020
DOI: 10.3390/en13092302
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Planning Under Uncertainty Applications in Power Plants Using Factored Markov Decision Processes

Abstract: Due to its ability to deal with non-determinism and partial observability, represent goals as an immediate reward function and find optimal solutions, planning under uncertainty using factored Markov Decision Processes (FMDPs) has increased its importance and usage in power plants and power systems. In this paper, three different applications using this approach are described: (i) optimal dam management in hydroelectric power plants, (ii) inspection and surveillance in electric substations, and (iii) optimizat… Show more

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Cited by 5 publications
(3 citation statements)
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“…MDP is a stochastic dynamic programming technique, which is used for decision making under uncertainty [24] with very wide range of real-life applications and efficient solution techniques [25] [24]. The main advantages of MDP include: 1) its ability to obtain optimal policies over finite and infinite planning horizons, where the latter is used to model stationary systems, 2) MDP can have different cost criteria that can depend on the initial system state, the next system state or both [24], 3) MDP is used in real-life for decision making under uncertainty [25] [26]. The main disadvantages of MDP are: 1) the difficulty to obtain their state transition probabilities [27], [28], because they require large number of statistical data [29], 2) establishing the cost/reward criteria and 3) the lack of standard software packages to to explicitly solve for individual modeling problems (i.e.…”
Section: Literature Reviewmentioning
confidence: 99%
“…MDP is a stochastic dynamic programming technique, which is used for decision making under uncertainty [24] with very wide range of real-life applications and efficient solution techniques [25] [24]. The main advantages of MDP include: 1) its ability to obtain optimal policies over finite and infinite planning horizons, where the latter is used to model stationary systems, 2) MDP can have different cost criteria that can depend on the initial system state, the next system state or both [24], 3) MDP is used in real-life for decision making under uncertainty [25] [26]. The main disadvantages of MDP are: 1) the difficulty to obtain their state transition probabilities [27], [28], because they require large number of statistical data [29], 2) establishing the cost/reward criteria and 3) the lack of standard software packages to to explicitly solve for individual modeling problems (i.e.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Hence, PSO tries to reach compatibility between local search and global search. In the FPSO system, the position and velocity of particles is defined in Equation (19) and Equation (20) [26].…”
Section: Feasible Particle Swarm Optimization (Fpso)mentioning
confidence: 99%
“…In this paper, the Monte Carlo method [19,20] is used to calculate the generation value-at-risk (VAR) of presented WTs/PVs. Using the historical data of wind speed and global radiation, the generation VAR of WTs/PVs is derived under a given level of confidence.…”
Section: Introductionmentioning
confidence: 99%