When are Lossy Energy Storage Optimization Models Convex?

Fuente: arXiv
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Autori principali: Taha, Feras Al, Bitar, Eilyan
Natura: Preprint
Pubblicazione: 2024
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author Taha, Feras Al
Bitar, Eilyan
author_facet Taha, Feras Al
Bitar, Eilyan
contents We examine a class of optimization problems involving the optimal operation of a single lossy energy storage system, where energy losses occur during charging and discharging. These inefficiencies typically lead to a nonconvex set of feasible charging and discharging power profiles. In this paper, we derive an equivalent reformulation of this class of optimization problems by eliminating the charging and discharging power variables and recasting the problem entirely in terms of the storage state-of-charge variables. We show that the feasible set of the proposed reformulation is always convex. We also provide sufficient conditions under which the objective function of the proposed reformulation is guaranteed to be convex. The conditions provided both unify and generalize many existing conditions for convexity in the literature.
format Preprint
id arxiv_https___arxiv_org_abs_2403_14010
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle When are Lossy Energy Storage Optimization Models Convex?
Taha, Feras Al
Bitar, Eilyan
Systems and Control
Optimization and Control
We examine a class of optimization problems involving the optimal operation of a single lossy energy storage system, where energy losses occur during charging and discharging. These inefficiencies typically lead to a nonconvex set of feasible charging and discharging power profiles. In this paper, we derive an equivalent reformulation of this class of optimization problems by eliminating the charging and discharging power variables and recasting the problem entirely in terms of the storage state-of-charge variables. We show that the feasible set of the proposed reformulation is always convex. We also provide sufficient conditions under which the objective function of the proposed reformulation is guaranteed to be convex. The conditions provided both unify and generalize many existing conditions for convexity in the literature.
title When are Lossy Energy Storage Optimization Models Convex?
topic Systems and Control
Optimization and Control
url https://arxiv.org/abs/2403.14010