Browse
Keywords
Records with Keyword: Optimization
351. LAPSE:2023.26618
A Novel Data-Energy Management Algorithm for Smart Transformers to Optimize the Total Load Demand in Smart Homes
April 3, 2023 (v1)
Subject: Optimization
Keywords: demand response, distribution system, energy management, Optimization, smart home, smart transformer
The increased integration of Electric Vehicles (EVs) into the distribution network can create severe issues—especially when demand response programs and time-varying electricity prices are applied, EVs tend to charge during the off-peak time to minimize the electricity cost. Hence, another peak demand might be created, and other solutions are required. Many researchers tried to solve the problem; however, limitations exist because of the decentralized topology of the network. The system operator is not allowed to control the end-users’ load due to security and privacy issues. To overcome this situation, we propose a novel data-energy management algorithm on the transformer’s level that controls the power demand profiles of the householders and exchange energy between them without violating their privacy and security. Our method is compared to an existing one in the literature based on a decentralized control strategy. Simulations show that our approach has reduced the electricity cost... [more]
352. LAPSE:2023.26604
Stochastic Fractal Search Optimization Algorithm Based Global MPPT for Triple-Junction Photovoltaic Solar System
April 3, 2023 (v1)
Subject: Energy Systems
Keywords: Energy Efficiency, Modelling, Optimization, Renewable and Sustainable Energy, shading condition, triple junction solar cell
A significant growth in PV (photovoltaic) system installations have been observed during the last decade. The PV array has a nonlinear output characteristic because of weather intermittency. Partial shading is an environmental phenomenon that causes multiple peaks in the power curve and has a negative effect on the efficiency of the conventional maximum power point tracking (MPPT) methods. This tends to have a substantial effect on the overall performance of the PV system. Therefore, to enhance the performance of the PV system under shading conditions, the global MPPT technique is mandatory to force the PV system to operate close to the global maximum. In this paper, for the first time, a stochastic fractal search (SFS) optimization algorithm is applied to solve the dilemma of tracking the global power of PV system based triple-junction solar cells under shading conditions. SFS has been nominated because it can converge to the best solution at a fast rate. Moreover, balance between exp... [more]
353. LAPSE:2023.26562
Modeling and Evaluation of Energy Efficiency of New Hybrid Turning-Burnishing Process in Terms of Surface Properties
April 3, 2023 (v1)
Subject: Modelling and Simulations
Keywords: decreased roughness, Energy Efficiency, hybrid turning-burnishing, improved hardness, Optimization, TOPSIS
The combination of the turning and burnishing process is an efficient approach to improve machined quality and productivity. This paper aims to optimize energy efficiency (EF), improved hardness ratio (IHR), and decreased roughness ratio (DRR) of a new hybrid turning-burnishing process. The machining parameters are the feed rate (f), turning speed (v), depth of cut (a), burnishing pressure (p), and the diameter of the compressing ball (d). A new turning-burnishing tool using compressed air has been designed and fabricated. A set of experiments for Aluminum Alloy 5083 were performed using the Taguchi method. The weightage principal component analysis (WPCA) and Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) were applied to obtain the weight values and optimal outcomes. The results indicated that optimum values of the depth of cut, pressure, diameter, feed rate, and speed are 1.00 mm, 0.4 MPa, 16.00 mm, 0.084 mm/rev, and 120 m/min, respectively. The improvemen... [more]
354. LAPSE:2023.26399
Temperature Distribution in Insulated Temperature-Controlled Container by Numerical Simulation
April 3, 2023 (v1)
Subject: Modelling and Simulations
Keywords: cold chain, cold-storage container, Computational Fluid Dynamics, numerical analysis, Optimization, temperature distribution
Cold-storage containers are widely used in cold-chain logistics transportation due to their energy saving, environmental protection, and low operating cost. The uniformity of temperature distribution is significant in agricultural-product storage and transportation. This paper explored temperature distribution in the container by numerical simulation, which included ventilation velocity and the fan location. Numerical model/numerical simulation showed good agreement with experimental data in terms of temporal and spatial air temperature distribution. Results showed that the cooling rate improved as velocity increased, and temperature at 45 min was the lowest, when velocity was 16 m/s. Temperature-distribution uniformity in the compartment became worse with the increase in ventilation velocity, but its lowest temperature decreased with a velocity increase. With regard to fan energy consumption, the cooling rate of the cooling module, and temperature-field distribution in the product are... [more]
355. LAPSE:2023.26383
Hybrid Ship Unit Commitment with Demand Prediction and Model Predictive Control
April 3, 2023 (v1)
Subject: Process Control
Keywords: Gaussian Process, maritime, mixed-integer linear programming, Model Predictive Control, Optimization, predictive model
We present a novel methodology for the control of power unit commitment in complex ship energy systems. The usage of this method is demonstrated with a case study, where measured data was used from a cruise ship operating in the Caribbean and the Mediterranean. The ship’s energy system is conceptualized to feature a fuel cell and a battery along standard diesel generating sets for the purpose of reducing local emissions near coasts. The developed method is formulated as a model predictive control (MPC) problem, where a novel 2-stage predictive model is used to predict power demand, and a mixed-integer linear programming (MILP) model is used to solve unit commitment according to the prediction. The performance of the methodology is compared to fully optimal control, which was simulated by optimizing unit commitment for entire measured power demand profiles of trips. As a result, it can be stated that the developed methodology achieves close to optimal unit commitment control for the con... [more]
356. LAPSE:2023.26342
Machine Learning for Energy Systems
April 3, 2023 (v1)
Subject: Process Control
Keywords: Artificial Intelligence, cyber-physical systems, energy management system, Energy Storage, energy systems, forecasting, industrial mathematics, intelligent control, inverse problems, load leveling, offshore wind farm, Optimization, pattern recognition, power control, smart microgrid, Volterra equations
The objective of this editorial is to overview the content of the special issue “Machine Learning for Energy Systems”. This special issue collects innovative contributions addressing the top challenges in energy systems development, including electric power systems, heating and cooling systems, and gas transportation systems. The special attention is paid to the non-standard mathematical methods integrating data-driven black box dynamical models with classic mathematical and mechanical models. The general motivation of this special issue is driven by the considerable interest in the rethinking and improvement of energy systems due to the progress in heterogeneous data acquisition, data fusion, numerical methods, machine learning, and high-performance computing. The editor of this special issue has made an attempt to publish a book containing original contributions addressing theory and various applications of machine learning in energy systems’ operation, monitoring, and design. The re... [more]
357. LAPSE:2023.26311
Prognostics and Health Management for the Optimization of Marine Hybrid Energy Systems
April 3, 2023 (v1)
Subject: Energy Systems
Keywords: asset management, battery prognostics, condition monitoring, data-driven, Energy Storage, hybrid energy system, Optimization
Decarbonization of marine transport is a key global issue, with the carbon emissions of international shipping projected to increase 23% to 1090 million tonnes by 2035 in comparison to 2015 levels. Optimization of the energy system (especially propulsion system) in these vessels is a complex multi-objective challenge involving economical maintenance, environmental metrics, and energy demand requirements. In this paper, data from instrumented vessels on the River Thames in London, which includes environmental emissions, power demands, journey patterns, and variance in operational patterns from the captain(s) and loading (passenger numbers), is integrated and analyzed through automatic, multi-objective global optimization to create an optimal hybrid propulsion configuration for a hybrid vessel. We propose and analyze a number of computational techniques, both for monitoring and remaining useful lifetime (RUL) estimation of individual energy assets, as well as modeling and optimization of... [more]
358. LAPSE:2023.26310
Cost Analysis of Optimized Islanded Energy Systems in a Dispersed Air Base Conflict
April 3, 2023 (v1)
Subject: Energy Systems
Keywords: battery storage, Energy, logistics, Optimization, photovoltaics
The United States Air Force has implemented a dispersed air base strategy to enhance mission effectiveness for near-peer conflicts. Asset dispersal places many smaller bases across a wide geographic area, which increases resupply requirements and logistical complexity. Hybrid energy systems reduce resupply requirements through sustainable, off-grid energy production. This paper presents a novel hybrid energy renewable delivery system (HERDS) model capable of (1) selecting the optimal hybrid energy system design that meets demand at the lowest net present cost and (2) optimizing the delivery of the selected system using existing Air Force cargo aircraft. The novelty of the model’s capabilities is displayed using Clark Air Base, Philippines as a case study. The HERDS model selected an optimal configuration consisting of a 676-kW photovoltaic array, an 1846-kWh battery system, and a 200-kW generator. This hybrid energy system predicts a 54% reduction in cost and an 88% reduction in fuel u... [more]
359. LAPSE:2023.26232
Modelling of Distributed Resource Aggregation for the Provision of Ancillary Services
April 3, 2023 (v1)
Subject: Modelling and Simulations
Keywords: aggregation, ancillary services, distributed energy resources, Optimization, power system operation
Nowadays, ancillary services (ASs) are usually provided by large power generating units located in transmission networks, while smaller assets connected to distribution systems remain passive. It is expected that active distribution systems will start to play an important role due to numerous issues related to power system operation caused mainly by developing renewable generation and restrictions imposed on conventional power generating units by climate policies. The future development of the power system management will also lead to the establishment of new market agents such as distributed resource aggregators (DRAs). The article presents the concept of the DRA as part of an active distribution system enabling small resources to participate in wholesale markets, provide ASs and indicates the functions of the DRA coordinator in the modern power system. The proposed method of the DRA structure modelling with the use of the mixed-integer linear programming (MILP) is aimed at evaluating... [more]
360. LAPSE:2023.26217
Nonlinear Optimization of Turbine Conjugate Heat Transfer with Iterative Machine Learning and Training Sample Replacement
April 3, 2023 (v1)
Subject: Energy Systems
Keywords: conjugate thermal analysis, heat transfer, Machine Learning, Optimization, thermal design, turbine cooling
A simple yet effective optimization technique is developed to solve nonlinear conjugate heat transfer. The proposed Nonlinear Optimization with Replacement Strategy (NORS) is a mutation of several existing optimization processes. With the improvements of 3D metal printing of turbine components, it is feasible to have film holes with unconventional diameters, as these holes are created while printing the component. This paper seeks to optimize each film hole diameter at the leading edge of a turbine vane to satisfy several optimum thermal design objectives with given design constraints. The design technique developed uses linear regression-based machine learning model and further optimizes with strategic improvement of the training dataset. Optimization needs cost and benefit criteria are used to base its decision of success, and cost is minimized with maximum benefit within given constraints. This study minimizes the coolant flow (cost) while satisfying the constraints on average metal... [more]
361. LAPSE:2023.26211
Energy Analyses of Serbian Buildings with Horizontal Overhangs: A Case Study
April 3, 2023 (v1)
Subject: Optimization
Keywords: building, energy consumption, EnergyPlus, GenOpt, Optimization, overhangs
It is well known that nowadays a significant part of the total energy consumption is related to buildings, so research for improving building energy efficiency is very important. This paper presents our investigations about the dimensioning of horizontal overhangs in order to determine the minimum annual consumption of building primary energy for heating, cooling and lighting. In this investigation, embodied energy for horizontal roof overhangs was taken into account. The annual simulation was carried out for a residential building located in the city of Belgrade (Serbia). Horizontal overhangs (roof and balcony) are positioned to provide shading of all exterior of the building. The building is simulated in the EnergyPlus software environment. The optimization of the overhang size was performed by using the Hooke Jeeves algorithm and plug-in GenOpt program. The objective function minimizes the annual consumption of primary energy for heating, cooling and lighting of the building and ene... [more]
362. LAPSE:2023.26190
Power-Optimized Sinusoidal Piston Motion and Its Performance Gain for an Alpha-Type Stirling Engine with Limited Regeneration
March 31, 2023 (v1)
Subject: Energy Systems
Keywords: efficiency, endoreversible thermodynamics, irreversibility, Optimization, piston motion optimization, power, stirling engine
The recuperation of otherwise lost waste heat provides a formidable way to decrease the primary energy consumption of many technical systems. A possible route to achieve that goal is through the use of Stirling engines, which have shown to be reliable and efficient devices. One can increase their performance by optimizing the piston motion. Here, it is investigated to which extent the cycle averaged power output can be increased by using a special class of adjustable sinusoidal motions (the AS class). In particular the influence of the regeneration effectiveness on the piston motion is examined. It turns out that with the optimized piston motion one can achieve performance gains for the power output of up to 50% depending on the loss mechanisms involved. A remarkable result is that the power output does not depend strongly on the limitations of the regenerator, in fact—depending on the loss terms—the influence of the regenerator practically vanishes.
363. LAPSE:2023.26090
Performance Comparison between Two Established Microgrid Planning MILP Methodologies Tested On 13 Microgrid Projects
March 31, 2023 (v1)
Subject: Planning & Scheduling
Keywords: data reduction, DER, DER-CAM, full time-series optimization, Microgrid, MILP, Optimization, Planning, run-time, XENDEE
Mixed Integer Linear Programming (MILP) optimization algorithms provide accurate and clear solutions for Microgrid and Distributed Energy Resources projects. Full-scale optimization approaches optimize all time-steps of data sets (e.g., 8760 time-step and higher resolutions), incurring extreme and unpredictable run-times, often prohibiting such approaches for effective Microgrid designs. To reduce run-times down-sampling approaches exist. Given that the literature evaluates the full-scale and down-sampling approaches only for limited numbers of case studies, there is a lack of a more comprehensive study involving multiple Microgrids. This paper closes this gap by comparing results and run-times of a full-scale 8760 h time-series MILP to a peak preserving day-type MILP for 13 real Microgrid projects. The day-type approach reduces the computational time between 85% and almost 100% (from 2 h computational time to less than 1 min). At the same time the day-type approach keeps the objective... [more]
364. LAPSE:2023.26042
Sewage Sludge Valorization via Hydrothermal Carbonization: Optimizing Dewaterability and Phosphorus Release
March 31, 2023 (v1)
Subject: Optimization
Keywords: dewatering, DoE, dry matter, hydrothermal treatment, moisture, Optimization, phosphorus, regression model, RSM, sewage sludge
As the use of sewage sludge as a fertilizer in agriculture is increasingly restricted in the European Union, other ways to utilize this waste stream need to be developed. Sewage sludge is an ideal input material for the process of hydrothermal carbonization, as it can convert wet biomass into a solid energy carrier with increased mechanical dewaterability. Digested sewage sludge was hydrothermally carbonized at 160−200 °C for 30−60 min with initial pH levels of 1.93−8.08 to determine optimal reaction conditions for enhanced dewaterability and phosphorus release into the liquid phase. Design of experiments was used to develop response surface models, which can be applied to optimize the process conditions. For optimal dewaterability and phosphorus release, low initial pH values (pH 1.93) and mild temperatures around 170 °C are favorable. Because holding time had no statistically relevant effect, a dependency of reaction time was investigated. Though it did not yield substantially differ... [more]
365. LAPSE:2023.25995
Energy Consumption Optimization and User Comfort Maximization in Smart Buildings Using a Hybrid of the Firefly and Genetic Algorithms
March 31, 2023 (v1)
Subject: Environment
Keywords: air quality, energy consumption, fuzzy logic, indoor environment, Optimization, residential building, thermal quality, visual quality
This research work proposed a hybrid model to maximize energy consumption and maximize user comfort in residential buildings. The proposed model consists of two widely used optimization algorithms named the firefly algorithm (FA) and genetic algorithm (GA). The hybridization of two optimization approaches results in a better optimization process, leading to better performance of the process in terms of minimum power consumption and maximum occupant’s comfort. The inputs of the optimization model are illumination, temperature, and air quality from the user, in addition with the external environment. The outputs of the proposed model are the optimized values of illumination, temperature, and air quality, which are, in turn, used in computing the values of user comfort. After the computation of the comfort index, these values enter the fuzzy controllers, which are used to adjust the cooling/heating system, illumination system, and ventilation system according to the occupant’s requirement... [more]
366. LAPSE:2023.25985
A Comprehensive AC Current Ripple Analysis and Performance Enhancement via Discontinuous PWM in Three-Phase Four-Leg Grid-Connected Inverters
March 31, 2023 (v1)
Subject: Other
Keywords: current ripple, four-leg, four-wire, grid-connected, harmonic distortion, inverter, Optimization, pulse width modulation, switching losses, three-phase
A complete analysis of the ac output current ripple in four-leg voltage source inverters considering multiple modulation schemes is provided. In detail, current ripple envelopes and peak-to-peak profiles have been determined in the whole fundamental period and a comprehensive method providing the current ripple rms has been achieved, all of them as a function of the modulation index. These characteristics have been determined for both phase and neutral currents, considering the most popular common-mode injection schemes. Particular attention has been paid to the performance of discontinuous pulse width modulation (DPWM) methods, including DPWMMAX and DPWMMIN, and their four most popular combinations DPWM0, DPWM1, DPWM2, and DPWM3. Furthermore, a comparison with a few continuous techniques (sinusoidal, centered pulse width modulations, and third harmonic injection) has been provided as well. Moreover, the average switching frequency and switching losses are analyzed, determining which P... [more]
367. LAPSE:2023.25965
Demand Response Programs in Multi-Energy Systems: A Review
March 31, 2023 (v1)
Subject: Optimization
Keywords: demand response, electricity, energy hub, energy management, gas, multi-carrier, Optimization, smart grid
A key challenge for future energy systems is how to minimize the effects of employing demand response (DR) programs on the consumer. There exists a diverse range of consumers with a variety of types of loads, such as must-run loads, and this can reduce the impact of consumer participation in DR programs. Multi-energy systems (MES) can solve this issue and have the capability to reduce any discomfort faced by all types of consumers who are willing to participate in the DRPs. In this paper, the most recent implementations of DR frameworks in the MESs are comprehensively reviewed. The DR modelling approach in such energy systems is investigated and the main contributions of each of these works are included. Notably, the amount of research in MES has rapidly increased in recent years. The majority of the reviewed works consider power, heat and gas systems within the MES. Over three-quarters of the papers investigated consider some form of energy storage system, which shows how important ha... [more]
368. LAPSE:2023.25902
An Overview of Demand Response in Smart Grid and Optimization Techniques for Efficient Residential Appliance Scheduling Problem
March 31, 2023 (v1)
Subject: Planning & Scheduling
Keywords: appliance scheduling, demand response, demand side management, heuristic, Optimization, smart grid
Smart grid (SG) is a next-generation grid which is responsible for changing the lifestyle of modern society. It avoids the shortcomings of traditional grids by incorporating new technologies in the existing grids. In this paper, we have presented SG in detail with its features, advantages, and architecture. The demand side management techniques used in smart grid are also presented. With the wide usage of domestic appliances in homes, the residential users need to optimize the appliance scheduling strategies. These strategies require the consumer’s flexibility and awareness. Optimization of the power demand for home appliances is a challenge faced by both utility and consumers, particularly during peak hours when the consumption of electricity is on the higher side. Therefore, utility companies have introduced various time-varying incentives and dynamic pricing schemes that provides different rates of electricity at different times depending on consumption. The residential appliance sc... [more]
369. LAPSE:2023.25828
A Decentralized Informatics, Optimization, and Control Framework for Evolving Demand Response Services
March 29, 2023 (v1)
Subject: Process Control
Keywords: community energy management, decentralized, demand response, Optimization
This paper presents a decentralized informatics, optimization, and control framework to enable demand response (DR) in small or rural decentralized community power systems, including geographical islands. The framework consists of a simplified lumped model for electrical demand forecasting, a scheduling subsystem that optimizes the utility of energy storage assets, and an active/pro-active control subsystem. The active control strategy provides secondary DR services, through optimizing a multi-objective cost function formulated using a weight-based routing algorithm. In this context, the total weight of each edge between any two consecutive nodes is calculated as a function of thermal comfort, cost (tariff), and the rate at which electricity is consumed over a short future time horizon. The pro-active control strategy provides primary DR services. Furthermore, tertiary DR services can be processed to initiate a sequence of operations that enables the continuity of applied electrical se... [more]
370. LAPSE:2023.25809
Optimization of Apartment-Complex Layout Planning for Daylight Accessibility in a High-Density City with a Temperate Climate
March 29, 2023 (v1)
Subject: Planning & Scheduling
Keywords: building layout, daylight accessibility, Genetic Algorithm, Optimization, urban plan, useful daylight illumination (UDI)
As interest in sustainable design increases, many methods have been suggested to develop an integrated sustainable design process. However, due to the lack of a scientific procedure using parametric tools for an objective evaluation, it is difficult to move forward with integrated sustainable design. In addition, the design priority of the indoor environment is still relatively low because of the score composition of the green-building certification system. Therefore, this study aimed to develop a simulation tool and method to help apartment-complex layout planning in urban contexts by focusing on the indoor daylight environment. In particular, Korean cities are densely formed with high-rise buildings in a small area, so the Korean Building Act has complicated provisions to reduce overshadowing between buildings. To reduce unnecessary wasted time while checking these complicated regulations, a simulation was used to automatically check building offsets. Galapagos, a component of Rhino-... [more]
371. LAPSE:2023.25758
Geometrical Optimization of Pump-As-Turbine (PAT) Impellers for Enhancing Energy Efficiency with 1-D Theory
March 29, 2023 (v1)
Subject: Energy Systems
Keywords: 1-D theory calculation, energy performance prediction, Optimization, pump-as-turbine, theoretical model
This paper presents a multi-objective optimization strategy for pump-as-turbines (PAT), which relies on one-dimensional theory and analysis of geometrical parameters. In this strategy, a theoretical model, which considers all possible losses incurred (mainly by the components of pipe inlet, impeller and volute), has been put forward for performance prediction of centrifugal pumps operating as turbines (PAT). With the established mathematical relationship between the efficiency of PAT (both at pump and turbine mode) and the impeller controlling variables, the geometric optimization of the PAT impeller is performed with constant rotational speed. Specifically, the optimization data consist of 50 sets of impellers generated from Latin Hypercube Sampling method with its corresponding efficiencies calculated. Subsequently, the pareto-based genetic algorithm (PBGA) was adopted to optimize the geometic parameters of the impellers through the theoretical model. To validate the theoretical opti... [more]
372. LAPSE:2023.25742
Prospects of Fuel Cell Combined Heat and Power Systems
March 29, 2023 (v1)
Subject: Optimization
Keywords: climate change, combined heat and power system, Fossil Fuel, Optimization, PEM fuel cell
Combined heat and power (CHP) in a single and integrated device is concurrent or synchronized production of many sources of usable power, typically electric, as well as thermal. Integrating combined heat and power systems in today’s energy market will address energy scarcity, global warming, as well as energy-saving problems. This review highlights the system design for fuel cell CHP technologies. Key among the components discussed was the type of fuel cell stack capable of generating the maximum performance of the entire system. The type of fuel processor used was also noted to influence the systemic performance coupled with its longevity. Other components equally discussed was the power electronics. The thermal and water management was also noted to have an effect on the overall efficiency of the system. Carbon dioxide emission reduction, reduction of electricity cost and grid independence, were some notable advantages associated with fueling cell combined heat and power systems. Des... [more]
373. LAPSE:2023.25713
Data-Driven Regionalization of Decarbonized Energy Systems for Reflecting Their Changing Topologies in Planning and Optimization
March 29, 2023 (v1)
Subject: Planning & Scheduling
Keywords: energy system model, energy transition, GIS, Optimization, South Africa, spatial clustering
The decarbonization of energy systems has led to a fundamental change in their topology since generation is shifted to locations with favorable renewable conditions. In planning, this change is reflected by applying optimization models to regions within a country to optimize the distribution of generation units and to evaluate the resulting impact on the grid topology. This paper proposes a globally applicable framework to find a suitable regionalization for energy system models with a data-driven approach. Based on a global, spatially resolved database of demand, generation, and renewable profiles, hierarchical clustering with fine-tuning is performed. This regionalization approach is applied by modeling the resulting regions in an optimization model including a synthesized grid. In an exemplary case study, South Africa’s energy system is examined. The results show that the data-driven regionalization is beneficial compared to the common approach of using political regions. Furthermor... [more]
374. LAPSE:2023.25700
Computational Intelligence-Based Optimization Methods for Power Quality and Dynamic Response Enhancement of ac Microgrids
March 29, 2023 (v1)
Subject: Energy Management
Keywords: ac microgrids, computational intelligence, dynamic response enhancement, Optimization, power quality
The penetration of distributed generators (DGs) in the existing power system has brought some real challenges regarding the power quality and dynamic response of the power systems. To overcome the above-mentioned issues, the researchers around the world have tried and tested different control methods among which the computational intelligence (CI) based methods have been found as most effective in mitigating the power quality and transient response problems intuitively. The significance of the mentioned optimization approaches in contemporary ac Microgrid (MG) controls can be observed from the increasing number of published articles and book chapters in the recent past. However, literature related to this important subject is scattered with no comprehensive review that provides detailed insight information on this substantial development. As such, this research work provides a detailed overview of four of the most extensively used CI-based optimization techniques, namely, artificial ne... [more]
375. LAPSE:2023.25598
Optimization of the Structure of the Investment Portfolio of High-Tech Companies Based on the Minimax Criterion
March 29, 2023 (v1)
Subject: Optimization
Keywords: decision-making, financial leverage, financial portfolio, high-tech company, industry rating, integral rating, investment, minimax, Optimization
A model has been developed for the optimization of the share structure of an investment portfolio in high-tech projects supported by the leaders of the leading industry companies in Russia. Several indicators (financial leverage, integrated rating of companies, industry rating) were applied in the decision support system for the shared distribution of investments. High-tech production is based on innovative technologies for saving resources, the resiliency of systems for transporting and transferring raw materials and finished products within Russia, so the main income will remain within the country. It is possible to export high-tech products, rather than raw materials, which will increase export revenues. Investors will invest in high-tech projects of Russian companies, taking into account the targeting of investment development. The guarantee is the stable financial position of the companies and the competitiveness rating. Methods: The authors propose a new approach that does not co... [more]

