Browsing NTNU Open by Author "Myklebust, Hans Olav Vogt"

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Estimating the Value of Information Using Bayesian Optimization with Gaussian Process Surrogate Models - An Application to Failure Rates at Offshore Wind Farms

Myklebust, Hans Olav Vogt (Master thesis, 2018)

Finding operation and maintenance (O&M) strategies that increase the profitability of an offshore wind farm is essential in order to be competitive with other sources of renewable energy. An O&M strategy is characterized ...
Value of Information Analysis for Complex Simulator Models: Application to Wind Farm Maintenance

Myklebust, Hans Olav Vogt; Eidsvik, Jo; Sperstad, Iver Bakken; Bhattacharjya, Debarun (Peer reviewed; Journal article, 2020)

Many domains require the use of sophisticated simulators to adequately model the effect of chosen alternatives on the decision maker’s value. Decision support in such complex systems brings unique challenges around efficiency, ...