Publication Type | Tesis de Grau i Màster // BSc and MSc Thesis |
Year of Publication | 2021 |
Authors | Ignasi Mañé Bosch |
Director | F-Javier Heredia |
Tipus de tesi | MSc Thesis |
Titulació | Master in Statistics and Operations Reseafrch |
Centre | Facultat de matemàtiques i Estadística |
Data defensa | 18/10/2021 |
Nota // mark | 9.5 |
Key Words | teaching; electricity markets; multistage stochastic programming |
Abstract | For many political and economic reasons, over the last decades, electricity markets in developed countries have been liberalised. Markets regulated by governments in which prices were set by the competent authority are now the exception. In this new setting, electricity agents, both consumers and producers, compete to maximise their protability in a series of auctions designed to efficiently match supply and demand. Many energy producers manage together wind and thermal generation units to meet their contractual obligations such as bilateral contracts, as well as bid on the electric market to sell their production capacity. This master thesis explore different multi-stage stochastic programming models for generation companies to nd optimal bid functions in electric spot markets. The explored models not only capture the uncertainty of electric prices of different markets and financial products, but also couples together wind and thermal generation units, offering producers that combine both technologies a more suitable approach to nd their best possible bidding strategy among the space of possible actions. |
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On November 2021 Mr. Ignasi Mañé presented the MsC thesis dissertation Multistage stochastic bid model for a wind-thermal power producer to opt for the master's degree in Statistics and Operations Research (UPC-UB), advised by prof. F.-Javier Heredia. This master thesis explores different multi-stage stochastic programming models for generation companies to find optimal bid functions in electric spot markets capturing the uncertainty of electric prices of different markets and financial products, and coupling together wind and thermal generation unit
Publication Type | Tesis de Grau i Màster // BSc and MSc Thesis |
Year of Publication | 2019 |
Authors | Alexandre Alonso Travesset |
Director | Jordi De la Hoz Casas, F-Javier Heredia Cervera |
Tipus de tesi | MSc Thesis |
Titulació | Master in Statistics and Operations Research |
Centre | Faculty iof Mathematics and Statistics. |
Data defensa | 09/2019 |
Nota // mark | 10 MH // A+ |
Key Words | teaching; microgrids; electricity market; MSc Thesis |
Abstract | The following Master Thesis involves the construction of a mathematical model aimed at evaluating the economic feasibility of microgrids, which are powered by renewable energy sources. These sources are characterized by their spatial and temporal variability, thus the need to use a statistical approach to forecast these variables becomes apparent. Furthermore, other uncertain variables such as the electrical demand and the market pool price contribute to the formulation of the program. State-of-the-art time-series based models are fitted in order to forecast the behaviour of the uncertain variables. Synthetic data arisen from simulations is drawn from these models in order to generate scenarios of probability. The scenarios are then reduced by means of the backward reduction algorithm in order to increase computational performance, and subsequently introduced in a two-stage stochastic program coded in AIMMS interface. Results show significant details about energy management and prove the suitability of using a stochastic approach rather than a deterministic one to perform the optimisation. |
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Publication Type | Tesis de Grau i Màster // BSc and MSc Thesis |
Year of Publication | 2017 |
Authors | Josep Homs Moreno |
Director | F.-Javier Heredia Cervera; Cristina Corchero; Lucia Igualada |
Tipus de tesi | MSc Thesis |
Titulació | Interuniversity Master in Statistics and Operations Research UPC-UB |
Centre | Faculty of Mathematics and Statistics |
Data defensa | 23/10/2017 |
Nota // mark | 9.5 (A) |
Key Words | offshore wind; Hybrid AC-DC grid; MIP; teaching; MSc Thesis |
Abstract | This thesis analyses a design in which individual wind turbine converters are removed from wind turbines and are installed on intermediate oshore platforms. Thus, many turbines may be controlled by only few power converters, dening clusters. All wind turbines in a cluster operate at the same cluster optimal frequency. This approach is cheaper in terms of capital cost savings than having individual power converters integrated in wind turbines because less components must be installed and maintained. At the same time, it gives enough exibility to turbines to still operate with high power eciency. The generated power in turbines is transmitted with alternating current to AC/DC power converters. In addition, power from AC/DC converters is transmitted in direct current to a single large high voltage direct current converter, which transmits power to the onshore collection grid. |
DOI / handle | http://hdl.handle.net/2117/110482 |
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Publication Type | Tesis de Grau i Màster // BSc and MSc Thesis |
Year of Publication | 2018 |
Authors | Sandra Orozco Martín |
Director | Roman Buil; F.-Javier Heredia; Elena Fernández |
Tipus de tesi | MSc Thesis |
Titulació | Interuniversity Master in Statistics and Operations Research UPC-UB |
Centre | Faculty of Mathematics and Statistics |
Data defensa | 19/01/2018 |
Nota // mark | 10 MH (A+) |
Key Words | teaching; VRP; metaheuristics; MSc Thesis |
Abstract | In thisThesis, a variant of the Vehicle Routing Problem is considered where products are distributed from a depot to multiple retail stores using capacitated vehicles and not only the transportation cost but also the lost sales resulting from stock-outs at each location are minimized. Given that the real demand of a particular product at some location during a given time period can only be rougthly estimated, a deterministic and dynamic solution is proposed. This solution is divided into two phases: (i) an overnight optimization determines the set of retailers assigned to each vehicle and computes the optimal routes using the available information; (ii) a dynamic model is used separately on each vehicle in order to reoptimize its path according to the new information made available during the execution of the routes. Two exact formulations and two metaheuristics are proposed for the first phase; an exact formulation is implemented for the second phase. Moreover, an end-to-end solution is developed through the implementation of a visualization tool in R Shiny, which uses MySQL databases and shell calls to AMPL to simulate the process of a whole day. |
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Sandra Orozco, a former student of the Interuniversity Master in Statistics and Operations Research UPC-UB , presented the MSc Thesis Rebalancing stocks among retail points of sale . She analysed a variant of the Vehicle Routing Problem where products are distributed from a depot to multiple retail stores using capacitated vehicles and not only the transportation cost but also the lost sales resulting from stock-outs at each location are minimized. Two exact formulations are proposed and solved both woth exact methods and metaheuristics. Moreover, an end-to-end solution is developed through the implementation of a visualization tool in R Shiny, which uses MySQL databases and shell calls to AMPL to simulate the process of a whole day. This thesis has been advised by myself, prof. Elena Fernéndez, from my same department, and Roman Buil, from Accenture.
The MSc Thesis entitled A MIP formulation of a Hybrid AC-DC offshore wind power plant topology has been defended by the student Josep Homs, from the Interuniversity Master in Statistics and Operations Research UPC-UB. This work has been advised by myself in collaboration with Cristina Corchero and Lucia Igualada from the Catalonia Institute for Energy Research. This thesis offers a simple, compact and small-sized MIP optimization model that models a hybrid off-shore wind farm design. The model has been tested with small off-sshore wind farms with 24 turbines and 7 platforms locations that may house up to 28 converters. The optimal solution has been obtained within 162 seconds, proving the great potential of the model. Next, the algorithm has been tested with a large realistic case involving 80 turbines and 10 platform locations that may house up to 40 power converters. In this case, the algorithm is able to find a feasible solution 10 milions EUR cheaper than standard current real-world layout designs in just six hours.
Last June 2016 Mr. Daniel Ramon Lumbierres presented the MSc Thesis Optimal Supply Chain Strategy through Stochastic Programming in the Master of Statistics and Operations Research (MESIO). This thesis is the result of the collaboration of Mr. Ramon in the funded research project Digitalizing Supply Chain Strategy with 3D Printing granted by Accenture Technology Labs and was advised by prof. F.-Javier Heredia. A summary of this MSc Thesis has been presented in the 28th European Conference on Operational Research. The MSc Thesis Comission of the MESIO awarded that thesis with the highest grade "Matrícula de Honor" (A with Honours).
Publication Type | Tesis de Grau i Màster // BSc and MSc Thesis |
Year of Publication | 2016 |
Authors | Daniel Ramon Lumbierres |
Director | F.-Javier Heredia |
Tipus de tesi | MSc Thesis |
Titulació | Master in Statistics and Operations Research |
Centre | Faculty of Mathematics and Statistics |
Data defensa | 27/07/2016 |
Nota // mark | 9.5 Excel·lent MH (A+ with Honors) |
Key Words | teaching; supply chain; 3D printing; Postponment; stochastic programming; Accenture; MSc Thesis |
Abstract | In this project, a new two-stage stochastic programming decision model has been developed to assess: (a) the convenience of introducing 3D printing into any generic manufacturing process, both single and multi-product; and (b) the optimal degree of postponement known as the customer order decoupling point (CODP) while also assuming uncertainty in demand for multiple markets. To this end, we propose the formulation of a generic supply chain through an oriented graph that represents all the deployable alternative technologies. These are defined through a set of operations for manufacturing, assembly and distribution, each of which is characterized by a lead time and cost parameters. Based on this graph, we develop a mixed integer two-stage stochastic program that finds the optimal manufacturing technology to meet the demand of each market, the optimal production quantity for each operation, and the optimal CODP for each technology. The results obtained from several case studies in real manufacturing companies are presented and analyzed. The work presented in this master’s thesis is part of an ongoing research project between UPC and Accenture. |
DOI / handle | http://hdl.handle.net/2117/88818 |
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On June 2014 two new Master Thesis of the Master of Statistcs and Operations Research UPC-UB was presented
Dr. Cristina Corchero (IREC) and professor F.-Javier Heredia (GNOM) were the advisors of these two works developped at the facilities of the Catalonia Institute for Energy Research (IREC).