This work presents a hybrid approach for MILP models in energy system analysis. In each iteration, the complete problem is solved (perfect foresight) while the integer variables for years in the distant future are relaxed and those that have already been solved in previous iterations are fixed. This method should allow for faster calculation times while retaining the perfect foresight assumption and thus prevents rendering the model ”blind” for assumed future (e.g. price) developments.
|Publication status||Published - Oct 2015|
Bibliographical noteConference: CORS/INFORMS International Meeting 2015
At: Montréal, Canada