Flexible here-and-now decisions for two-stage multi-objective optimization: method and application to energy system design selection

DOI10.1007/S11081-020-09530-XzbMATH Open1486.90175arXiv1906.08621OpenAlexW3041922806MaRDI QIDQ2139143FDOQ2139143

Dörthe Franzisca Hoffrogge, Marc Goerigk, Maike Hennen, Dinah Elena Hollermann, André Bardow

Publication date: 17 May 2022

Published in: Optimization and Engineering (Search for Journal in Brave)

Abstract: The synthesis of energy systems is a two-stage optimization problem where design decisions have to be implemented here-and-now (first stage), while for the operation of installed components, we can wait-and-see (second stage). To identify a sustainable design, we need to account for both economical and environmental criteria leading to multi-objective optimization problems. However, multi-objective optimization leads not to one optimal design but to multiple Pareto-efficient design options in general. Thus, the decision maker usually has to decide manually which design should finally be implemented. In this paper, we propose the flexible here-and-now decision (flex-hand) approach for automatic identification of one single design for multi-objective optimization. The approach minimizes the distance of the Pareto front based on one fixed design to the Pareto front allowing multiple designs. Uncertainty regarding parameters of future operations can be easily included through a robust extension of the flex-hand approach. Results of a real-world case study show that the obtained design is highly flexible to adapt operation to the considered objective functions. Thus, the design provides an energy system with the ability to adapt to a changing focus in decision criteria, e. g., due to changing political aims.

Full work available at URL: https://arxiv.org/abs/1906.08621

zbMATH Keywords

multi-objective optimizationrobust optimizationtwo-stage optimizationautomatic solution selectionenergy system design

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Linear programming (90C05) Multi-objective and goal programming (90C29) Applications of mathematical programming (90C90) Combinatorial optimization (90C27)

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Cited In (4)

• Decision space robustness for multi-objective integer linear programming
• Optimizing design and dispatch of a renewable energy system with combined heat and power
• Editorial. OPTE special issue on technical operations research (TOR)
• Optimal control of combined heat and power station operation

Uses Software

• CPLEX
• GAMS
• NBI
• Pareto navigator

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