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We propose an open loop control scheme for linear systems with time-varying random elements in the plant&#x2019;s state matrix. This paper focuses on joint chance constraints for potentially time-varying target sets. Under assumption of finite and known expectation and variance, we use the one-sided Vysochanskij&#x2013;Petunin inequality to reformulate joint chance constraints into a tractable form. We demonstrate our methodology on a two-bus power system with stochastic load and wind power generation. We compare our method with situation approach. We show that the proposed method had superior solve times and favorable optimally considerations.

Chance Constrained Stochastic Optimal Control for Linear Systems with Time Varying Random Plant Parameters