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Multi-objective optimization problems arise frequently in applications, but can often only be solved approximately by heuristic approaches. Evolutionary algorithms have been widely used to tackle multi-objective problems. These algorithms use different measures to ensure diversity in the...
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Wind energy plays an increasing role in the supply of energy world wide. The energy output of a wind farm is highly dependent on the weather conditions present at its site. If the output can be predicted more accurately, energy suppliers can coordinate the collaborative production of different...
Persistent link: https://www.econbiz.de/10010805793
The placement of wind turbines on a given area of land such that the wind farm produces a maximum amount of energy is a challenging optimization problem. In this article, we tackle this problem, taking into account wake effects that are produced by the different turbines on the wind farm. We...
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Research on conditions to develop new innovations within emerging renewable energy industries is often done with a national focus. However, recent research on international entrepreneurship has revealed that firms operate on international levels very early in their life time. Thus, based on...
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One of the lessons learned from the recent financial crisis is the need to understand the systemic risk in the financial system – i.e., the risk (or probability) for the financial system ‘as a whole’ to turn unstable. As there are analogous concepts in the physics of complex systems, three...
Persistent link: https://www.econbiz.de/10009001290