The latest release of Artelys Knitro provides performance improvements on all types of optimization models (from linear and quadratic to general nonlinear models) allowing our customers to solve even larger problems with millions of constraints.
These problems are notably observed in several fields such as portfolio optimization in finance, trajectory optimization for robots or autonomous vehicles, economics or optimal power flow in energy.
This enhancement derives from two major developments:
An average performance improvement of 20% for large scale nonlinear models while using the default Interior/Direct algorithm. This improvement builds on the updates provided with Artelys Knitro 12.2 which refined internal linear systems for large scale models. These features have further been enhanced in this release, with a focus on numerical stability. An average memory saving of 40% on all types of convex models when using the Interior/Direct algorithm.
Additional features of Artelys Knitro 12.3:
Updated R, Java and C# interfaces. High speedups can be expected on all models with linear and quadratic structures as they are now processed through a dedicated API. New C and Python single call functions to solve LP, QP and QCQP problems similar to functions already available for our Matlab users. Memory savings up to 50% when using the least squares interface. New diving heuristics to complement the feasibility pump heuristic for Mixed Integer Nonlinear Problems (MINLP). General improvement on nonlinear models when using the BFGS Hessian approximation.
— In association with IED Group and IDDRI, Artelys has started the development of an energy modeling solution for the Ministry of Economy and Finance (MEF) of the Kingdom of Cambodia. Financed by the Agence Française de Développement (AFD), this project will enable MEF to benefit from a state-of-the-art tool to analyze different potential pathways describing the evolution of the energy sector of Cambodia, so as to support their strategic decision-making processes.
— ENTSO-E organizes on 16 March 2021 a public workshop aiming at presenting the Replacement Reserve processes and at providing a detailed overview of the market-clearing optimization algorithm implemented by Artelys for the TERRE platform.
— Artelys is launching a new study on behalf of the Albanian Ministry of Energy and Infrastructure aiming at providing insights into the potential evolution of the Albanian power sector.
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