Flávia Barbosa

Abstract
A significant challenge in asset management is the selection of investment projects for infrastructures, which often relies on subjective judgement and lacks structured decision support methods. This challenge is particularly complex in water systems due to the diverse and heterogeneous nature of the components requiring investment. While the infrastructure value index (IVI) is widely used to characterise assets and support investment decisions in the water sector, its application in optimisation models for generating efficient project portfolios remains unexplored. To address this research gap, this study introduces optimisation models for generating investment portfolio plans in water systems' asset management. The proposed approach includes two mixed-integer linear programming (MILP) models that determine optimal solutions and an evolutionary algorithm that offers sub-optimal alternative investment selection plans to provide decision-makers with additional choices for balancing optimal outcomes. The primary contribution of this research is the combined utilisation of MILP and evolutionary algorithms, integrating the IVI into the decision-making process. These tools provide decision-makers with structured methods for defining investment plans and minimising the subjective elements typically associated with such processes. To illustrate the effectiveness of the models, a case study is presented involving a pumping station of a Portuguese water company. The results demonstrate the practical application and benefits of the proposed approach in optimising investment decisions. This research contributes to advancing asset management practices by integrating quantitative optimisation techniques and leveraging the IVI, thereby enhancing the objectivity and efficiency of investment planning in water systems' asset management.

Abstract
Hydropower currently generates more than all other renewable energies combined. Considering the challenges of climate change and the transition to green energy, it is expected to remain the world's largest source of renewable electricity generation. This paper proposes a tool for performance evaluation and benchmarking of hydropower generation to inform dispatching. Through them, strengths and weaknesses of asset operations can be set, identifying areas with the best performance, gathering insights from their strategies and best practices, and comprehending factors that lead to variations in performance levels. The results allow for optimising energy resource use by indicating the dispatching rules with maximum power production and minimum wearand-tear impact. This framework allows the formulation of practical guidelines for dispatching policies. The proposed methodology is applied to analyse two real-world case studies: the Vogelgr & uuml;n run of river hydropower plant (France) and the Frades 2 pump-storage powerplant (Portugal).

Abstract
The expansion of ethanol production in Brazil sparks several sustainability concerns, including debates on “food versus fuel”, the environmental impacts of monocultures, and indirect land-use change. Since livestock farming occupies a significantly greater area than sugarcane for ethanol production in Brazil and has a large yield gap, sugarcane-livestock integration can be a promising alternative. This integrated system considers crop production systems, biorefinery processing and meat production in both intensive and extensive livestock farming. Optimizing this system for both economic and environmental aspects can be challenging to implement and computationally expensive as this system's complexity arises from nonlinear subsystems and their intertwining input-output flows. For these reasons, this paper develops metamodels from detailed models to: (i) Optimize the extensive livestock farming, (ii) Optimize the confined animal feeding, and (iii) Optimize the integrated system. The main objective is to maximize the Net Present Value relative to investment. This study contributes to the literature by developing innovative models for ethanol-beef integrated production systems and methods for optimizing such systems to avoid negative externalities on food security and environmental impacts. © 2024 Elsevier B.V.

Abstract
A área de conhecimento associada à gestão de ativos potencia a extração de valor de ativos físicos, incorporando uma abordagem integrada que envolve riscos, custos e desempenho. Este trabalho propõe uma nova abordagem para selecionar projetos de investimento em infraestruturas no âmbito da gestão de ativos. A métrica padrão utilizada para a seleção de projetos em ativos múltiplos é o Índice de Valor de Infraestruturas (IVI), que tem sido utilizado para caracterizar ativos do setor de águas em diversos países. Este trabalho desenvolveu dois modelos de programação linear inteira mista. O primeiro modelo de otimização trata de um problema de alocação de orçamento de capital selecionando projetos de investimento com vista à maximização da condição dos ativos. O segundo modelo de otimização trata de um problema de planeamento de orçamento, visando minimizar o capital necessário para manter os ativos nas condições desejadas. A aplicação dos modelos é ilustrada por um estudo de caso de uma empresa que opera no setor da água em Portugal. Os resultados obtidos nos diferentes cenários analisados são discutidos com vista a apoiar o desenho de políticas de gestão de ativos mais eficientes.

Abstract
The Strategic Framework for European Cooperation in Education and Training (ET 2020) aimed to pro-mote the exchange of best practices among the Member States. This paper assesses the performance evo-lution of European countries in terms of the common objectives for the education sector. The framework used to evaluate European education systems is based on constructing a composite indicator adopting a benefit-of-the-doubt approach. The evaluation of performance change over time is done using a Global Malmquist Index. Sigma and beta convergence of EU countries are also explored using non-parametric frontier techniques. The results are analysed for the period 2009-2018 and discussed in light of the goals envisaged and the national policies adopted. The results revealed a trend of improvement in the perfor-mance of education systems in most European countries in the period analysed. Although most European countries moved closer to the European best practice frontier over time, as confirmed by the values of sigma-convergence, a few countries are still lagging considerably below their peers, as revealed by the existence of divergence in beta.(c) 2022 The Authors. Published by Elsevier B.V. This is an open access article under the CC BY-NC-ND license ( http://creativecommons.org/licenses/by-nc-nd/4.0/ )