Optimal Control Models of Renewable Energy Production Under Fluctuating Supply

  • Elke Moser
  • Dieter Grass
  • Gernot TraglerEmail author
  • Alexia Prskawetz
Conference paper
Part of the Lecture Notes in Computer Science book series (LNCS, volume 8353)


The probably biggest challenge for climate change mitigation is to find a secure low-carbon energy supply, which especially is difficult as the supply of renewable sources underlies strong volatility and storage possibilities are limited. We therefore consider the energy sector of a small country that optimizes a portfolio consisting of fossil and/or renewable energy to cover a given energy demand, considering seasonal fluctuations in renewable energy generation. By solving these non-autonomous optimal control models with infinite horizon, we investigate the impact of fossil energy prices on the annual optimal portfolio composition shown by the obtained periodic solutions.


Optimal control Nonlinear dynamical systems Resources and environment Renewable energy 


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Copyright information

© Springer-Verlag Berlin Heidelberg 2014

Authors and Affiliations

  • Elke Moser
    • 1
  • Dieter Grass
    • 1
  • Gernot Tragler
    • 1
    Email author
  • Alexia Prskawetz
    • 1
    • 2
  1. 1.Institute for Mathematical Methods in EconomicsVienna University of TechnologyWienAustria
  2. 2.Vienna Institute of Demography (VID)Austrian Academy of Sciences (OeAW)WienAustria

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