Instruct: Identify the main and secondary category of Arxiv papers based on the titles and abstracts
Query: Designing Near-Optimal Policies for Energy Management in a Stochastic
  Environment   With the rapid growth in renewable energy and battery storage technologies,
there exists significant opportunity to improve energy efficiency and reduce
costs through optimization. However, optimization algorithms must take into
account the underlying dynamics and uncertainties of the various interconnected
subsystems in order to fully realize this potential. To this end, we formulate
and solve an energy management optimization problem as a Markov Decision
Process (MDP) consisting of battery storage dynamics, a stochastic demand
model, a stochastic solar generation model, and an electricity pricing scheme.
The stochastic model for predicting solar generation is constructed based on
weather forecast data from the National Oceanic and Atmospheric Administration.
A near-optimal policy design is proposed via stochastic dynamic programming.
Simulation results are presented in the context of storage and solar-integrated
residential and commercial building environments. Results indicate that the
near-optimal policy significantly reduces the operating costs compared to
several heuristic alternatives. The proposed framework facilitates the design
and evaluation of energy management policies with configurable
demand-supply-storage parameters in the presence of weather-induced
uncertainties.

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The categories of this paper are: hep-ph
25
The categories of this paper are: patt-sol
10
The categories of this paper are: q-bio
20
The categories of this paper are: acc-phys
9
The categories of this paper are: nlin
22
The categories of this paper are: chao-dyn
19
The categories of this paper are: eess
29
The categories of this paper are: funct-an
21
The categories of this paper are: adap-org
13
The categories of this paper are: quant-ph
3
The categories of this paper are: physics
34
The categories of this paper are: chem-ph
36
The categories of this paper are: cmp-lg
17
The categories of this paper are: q-fin
6
The categories of this paper are: astro-ph
32
The categories of this paper are: atom-ph