Linking the statistic and the machine learning literature, we provide new general results on the convergence of stochastic approximation schemes and inexact Newton methods. Building on these results, we put forward a new optimization scheme that we call generalized inexact Newton method (GINM)....

The collaborative development of the electricity and carbon markets can reduce transaction costs, stimulate energy conservation and emission reductions, and accelerate the social transition to low carbon. In this paper, we present a comprehensive review of the current state and policy challenges...

Greenhouses offer controlled microclimates that enable year-round cultivation, improving food security and agricultural productivity. However, greenhouses are energy-intensive, with heating accounting for a significant portion of the associated costs. This study explores optimal microgrid...

In this paper we develop a framework to analyze stochastic dynamic optimization problems in discrete time. We obtain new results about the existence and uniqueness of solutions to the Bellman equation through a notion of Banach contractions that generalizes known results for Banach and local...