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Beyond Price-Taker: Multiscale Optimization of Wind and Battery Integrated Energy Systems arxiv.org/abs/2409.08343

Beyond Price-Taker: Multiscale Optimization of Wind and Battery Integrated Energy Systems

Decarbonizing global energy systems requires extensive integration of renewable energy into the electric grid. However, the intermittency and variable nature of wind and other non-dispatchable renewable resources make integration a great challenge. Hybridizing renewables with energy storage to form integrated energy systems (IESs) helps mitigate these concerns by improving reliability and resiliency. This paper systematically studies the limitations of the prevailing price-taker assumption for techno-economic analysis (TEA) and optimization of hybrid energy systems. As an illustrative case study, we retrofit an existing wind farm in the RTS-GMLC test system (which loosely mimics the Southwest U.S.) with battery energy storage to form an IES. We show that the standard price-taker model overestimates the electricity revenue and the net present value (NPV) of the IES up to 178% and 50%, respectively, compared to our more rigorous multiscale optimization. These differences arise because introducing storage creates a more flexible resource that impacts the larger wholesale electricity market. Moreover, this work highlights the impact of the IES has on the market via various strategic bidding, and underscores the importance of moving beyond price-taker for optimal storage sizing and TEA of IESs. We conclude by discussing opportunities to generalize the proposed framework to other IESs, and highlight emerging research questions regarding the complex interactions between IESs and markets.

arxiv.org

Chromatic Ramsey numbers and two-color Tur\'{a}n densities arxiv.org/abs/2409.07535

Chromatic Ramsey numbers and two-color Turán densities

Given a graph $G$, its $2$-color Turán number $\mathrm{ex}^{(2)}(n,G)$ is the largest number of edges in an $n$-vertex graph whose edges can be colored with two colors avoiding a monochromatic copy of $G$. Let $π^{(2)}(G)=\lim_{n\to\infty}\mathrm{ex}^{(2)}(n,G)/\binom{n}{2}$ be the $2$-color Turán density of $G$. What real numbers in the interval $(0,1)$ are realized as the $2$-color Turán density of some graph? It is known that $π^{(2)}(G)=1-(R_χ(G)-1)^{-1}$, where $R_χ(G)$ is the chromatic Ramsey number of $G$. However, determining specific values of $R_χ(G)$ is challenging. Burr, Erdős, and Lovász showed that $(k-1)^2+1\leqslant{R_χ(G)}\leqslant{R(k)}$, for any $k$-chromatic graph $G$, where $R(k)$ is the classical Ramsey number. The upper bound here can be attained by a clique and the lower bound is achieved by a graph constructed by Zhu. To the best of our knowledge, there are no other, besides these two, known values of $R_χ(G)$ among $k$-chromatic graphs $G$ for general $k$. In this paper we prove that there are $Ω(k)$ different values of $R_χ(G)$ among $k$-chromatic graphs $G$. In addition, we determine a new value for the chromatic Ramsey numbers of $4$-chromatic graphs. This sheds more light into the possible $2$-color Turán densities of graphs.

arxiv.org

Bootstrapping the critical behavior of multi-matrix models arxiv.org/abs/2409.07565

Bootstrapping the critical behavior of multi-matrix models

Given a matrix model, by combining the Schwinger-Dyson equations with positivity constraints on its solutions, in the large $N$ limit one is able to obtain explicit and numerical bounds on its moments. This technique is known as bootstrapping with positivity. In this paper we use this technique to estimate the critical points and exponents of several matrix multi-models. As a proof of concept, we first show it can be used to find the well-studied quartic single matrix model's critical phenomena. We then apply the method to several similar ``unsolved" 2-matrix models with various quartic interactions. We conjecture and present strong evidence for the string susceptibility exponent for some of these models to be $γ= 1/2$, which heuristically indicates that the continuum limit will likely be the Continuum Random Tree. For the other 2-matrix models, we find estimates of new string susceptibility exponents that may indicate a new continuum limit. We then study an unsolved 3-matrix model that generalizes the 3-colour model with cubic interactions. Additionally, for all of these models, we are able to derive explicitly the first several terms of the free energy in the large $N$ limit as a power series expansion in the coupling constants at zero by exploiting the structure of the Schwinger-Dyson equations.

arxiv.org
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