Flexible resources such as batteries and demand-side management technologies are needed to handle future large shares of variable renewable power. Wind and solar power introduce more short-term uncertainty that have to be considered when making investment decisions as it significantly impacts the value of flexible resources. In this work we present a method for using…

Statistical learning theory has largely focused on learning and generalization given independent and identically distributed (i.i.d.) samples. Motivated by applications involving time-series data, there has been a growing literature on learning and generalization in settings where data is sampled from an ergodic process. This work has also developed complexity measures, which appropriately extend Rademacher complexity…

Bayesian models are applied to probabilistic analysis of phenomena which deal with multiple external stochastic factors and unmeasurable variables. Considering the large amount of available data for the EV driving, recharging and grid services such as solar charging which contains uncertainties and measurement errors, and their hierarchical effect on the battery life, this application of…