I am trying to understand how gekko and its different types of custom variables work. So I wrote a very simple optimization problem, but it won’t find the optimal solution, at least this is what i think the error message means. The code is a simple set switch combination (braco_gas and braco_eh, both bi…
Tag: mixed-integer-programming
Pyomo: Minimize for Max Value in Vector
I am optimizing the behavior of battery storage combined with solar PV to generate the highest possible revenue stream. I now want to add one more revenue stream: Peak Shaving (or Demand Charge Reduction) My approach is as follows: Next to the price per kWh, an industrial customer pays for the maximal amount …