A Comprehensive Framework for Long-Term Resiliency Investment Planning under Extreme Weather Uncertainty for Electric Utilities
arXiv AIArchived Apr 06, 2026✓ Full text saved
arXiv:2604.02504v1 Announce Type: new Abstract: Electric utilities must make massive capital investments in the coming years to respond to explosive growth in demand, aging assets and rising threats from extreme weather. Utilities today already have rigorous frameworks for capital planning, and there are opportunities to extend this capability to solve multi-objective optimization problems in the face of uncertainty. This work presents a four-part framework that 1) incorporates extreme weather a
Full text archived locally
✦ AI Summary· Claude Sonnet
Computer Science > Artificial Intelligence
[Submitted on 2 Apr 2026]
A Comprehensive Framework for Long-Term Resiliency Investment Planning under Extreme Weather Uncertainty for Electric Utilities
Emma Benjaminson
Electric utilities must make massive capital investments in the coming years to respond to explosive growth in demand, aging assets and rising threats from extreme weather. Utilities today already have rigorous frameworks for capital planning, and there are opportunities to extend this capability to solve multi-objective optimization problems in the face of uncertainty. This work presents a four-part framework that 1) incorporates extreme weather as a source of uncertainty, 2) leverages a digital twin of the grid, 3) uses Monte Carlo simulation to capture variability and 4) applies a multi-objective optimization method for finding the optimal investment portfolio. We use this framework to investigate whether grid-aware optimization methods outperform model-free approaches. We find that, in fact, given the computational complexity of model-based metaheuristic optimization methods, the simpler net present value ranking method was able to find more optimal portfolios with only limited knowledge of the grid.
Comments: 9 pages, 4 figures, submission to PowerUp 2026 conference
Subjects: Artificial Intelligence (cs.AI)
Cite as: arXiv:2604.02504 [cs.AI]
(or arXiv:2604.02504v1 [cs.AI] for this version)
https://doi.org/10.48550/arXiv.2604.02504
Focus to learn more
Submission history
From: Emma Benjaminson [view email]
[v1] Thu, 2 Apr 2026 20:42:28 UTC (1,025 KB)
Access Paper:
HTML (experimental)
view license
Current browse context:
cs.AI
< prev | next >
new | recent | 2026-04
Change to browse by:
cs
References & Citations
NASA ADS
Google Scholar
Semantic Scholar
Export BibTeX Citation
Bookmark
Bibliographic Tools
Bibliographic and Citation Tools
Bibliographic Explorer Toggle
Bibliographic Explorer (What is the Explorer?)
Connected Papers Toggle
Connected Papers (What is Connected Papers?)
Litmaps Toggle
Litmaps (What is Litmaps?)
scite.ai Toggle
scite Smart Citations (What are Smart Citations?)
Code, Data, Media
Demos
Related Papers
About arXivLabs
Which authors of this paper are endorsers? | Disable MathJax (What is MathJax?)