We introduce a novel simulated certainty equivalent approximation (SCEQ) method for solving dynamic stochastic problems. Our examples show that SCEQ can quickly solve high-dimensional finite- or infinite-horizon, stationary or non- stationary dynamic stochastic problems with hundreds of state...

As an international collective action to stop global warming, most nations submitted their Nationally Determined Contributions (NDCs) to the United Nations Framework Convention on Climate Change (UNFCCC). To help ensure consistency and comparability of data between different countries,...

India has indicated a strong commitment towards mitigating climate change not only through its Nationally Determined Contribution (NDC) but also reiterating on raising its climate ambitions and committing towards Net Zero (NZ) in Glasgow. This study couples the bottom-up technology-rich energy...