Seminars & Events

Mathematics and Computer Science Division
"Real-Time Optimization, Feedback, and Forecasts"

DATE: April 15, 2010
TIME: 1:00 PM - 2:00 PM
SPEAKER: Victor Zavala, LANS Interviewee
LOCATION: Building 240 Seminar Room 4301, Argonne National Laboratory
HOST: Paul Hovland

Description:
Victor will explore two topics of industrial interest. First, he will discuss challenges arising in the implementation of large-scale optimization models in highly dynamic environments. In particular, Victor will demonstrate that there exist complex interactions between the system performance, solution time and accuracy, sampling frequency, and the forecasting capabilities of the model. Victor will use this insight to motivate several strategies to achieve faster solutions. In the second part of the talk, Victor will explore further the impact of forecasts, but this time also from an economic perspective. Victor will explain how these topics can be brought together to handle several operational challenges arising in the implementation of the next-generation power grid.

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