In this paper we present a general method, based on a convex optimisation technique, that facilitates the coupling of climate and economic models in a cost-benefit framework. As a demonstration of the method, we couple an economic growth model à la Ramsey adapted from DICE-99 with an efficient intermediate complexity climate model, C-GOLDSTEIN, which has highly simplified physics, but fully 3-D...

In this paper a Mixed Integer Dynamic Optimization (MIDO) framework is exploited for combined Unit Commitment and Economic Load Scheduling (UCELS) optimization of power plants. Economic load scheduling optimization problem is formulated as a Dynamic Optimization (DO) problem that allows us to optimize the plant operations by taking into account the time varying dynamics. Dynamic optimization pr...