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Modelling to Generate Continuous Alternatives: Enabling Real-Time Feasible Portfolio Generation in Convex Planning Models

Published 25 Nov 2024 in math.OC, cs.SY, and eess.SY | (2411.16887v1)

Abstract: Decarbonization provides new opportunities to plan energy systems for improved health, resilience, equity, and environmental outcomes, but challenges in siting and social acceptance of transition goals and targets threaten progress. Modelling to Generate Alternatives (MGA) provides an optimization method for capturing many near-cost-optimal system configurations, and can provide insights into the tradeoffs between objectives and flexibility available in the system. However, MGA is currently limited in interactive applicability to these problems due to a lack of methods for allowing users to explore near-optimal feasible spaces. In this work we describe Modelling to Generate Continuous Alternatives (MGCA), a novel post-processing algorithm for convex planning problems which enables users to rapidly generate new interior solutions, incorporate new constraints, and solve within the space with convex objectives. MGCA begins with a dimensionality reduction to capacity decisions and metric values. We then take advantage of convex combinations to generate interior points by allowing user weight specification and encoding convex combinations in an optimization problem with user-defined additional constraints and objective. Dimensionality reduction enables this problem to solve in tenths of a second, suitable for analysis in interactive settings. We discuss the interpolation of capacity and operational metric values, finding capacity metrics can be perfectly interpolated while operational metrics remain within the feasible range of the points used to create them. We demonstrate interpolated solutions can be exported and re-solved with an economic dispatch model to provide operational metric values consistent with least-cost decision-making and show interpolated metric values are generally within 10% of the optimal value.

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