We examine the complexity of financial returns generated by popular agent-based models through studying multifractal properties of such time series. Specifically, we are interested in the sensitivity of the models to their parameter settings and whether some patterns emerge in the connection...

The aim of this paper is to identify challenges and solutions for the energy grids and economics of the future. Smart grids are perceived as a key building block for a sustainable energy future with less emissions and better quality of service. Energy efficiency is at the heart of any strategy...

Grid integration remains one of the key challenges related to the worldwide expansion of distributed renewable energy systems. This paper presents innovative measures for increasing the hosting capacity of distribution grids with a focus on the medium-voltage grid, based on representative...

This paper develops a method to flexibly adapt interpolation grids of value function approximations in the estimation of dynamic models using either NFXP (Rust, 1987) or MPEC (Su and Judd, 2012). Since MPEC requires the grid structure for the value function approximation to be hard-coded into...

Algeria has large territory which is around 2,382 million km with an average solar power of 2650 kWh/m2/year on more than 80 % of the total surface of country. Back in 2015, the Algerian government has adopted a program for electricity production with an objective to insert 13GW of photovoltaic...

This article presents a non-conventional design approach of high order passive filters incorporated with distributed energy grid integration systems based on particle swarm optimization (PSO) as one of multi-objective evolutionary search algorithms. Two topologies of passive grid filters (third...

Traditional electrical grid as the largest and most complex industry in the world is currently under fundamental development. According to the IEEE Std1547.4, large distribution systems can be clustered into a number of micro-grids (MGs) to facilitate the control and operation infrastructure in...