Artelys amongst the top ten finalists of the ARPA-E Grid Optimization Competition
In order to accelerate transformational energy innovations that will create a more secure, affordable and sustainable American grid, ARPA-E has established the Grid Optimization (GO) Competition. The GO Competition challenges participating teams to develop and test power system optimization and control algorithms on a range of different synthetic and real network models.
Challenge 1 focused on security-constrained optimal power flow (SCOPF). The optimal power flow (OPF) problem aims to find the optimal dispatch and control settings for power generation, flexible customer demand, energy storage, and grid control that maximize one or more grid objectives, while the SCOPF problem additionally considers security constraints. Challenge 1 allowed the entrants to submit strategies and algorithms for solving such problems and the generated solutions were scored using four different metrics. The NU_Columbia_Artelys team, led by Artelys’ senior scientist Richard Waltz, finished in the top 10 teams across the four-scoring divisions using a software solution built around the industry leading Artelys Knitro nonlinear optimization solver.
Improved SCOPF algorithms can yield significant monetary savings and more powerful nonlinear optimization algorithms help ensure reliable system operations as power flows become more dynamic. As the number of controllable resources connected to both transmission and distribution grow substantially, along with the reliance on stochastic resources, it is important to examine approaches that will handle the increasing complexities driven by the size, non-convexities, and uncertainties associated with power grid management problems. Participating in the design of improved algorithms was no small feat and thereby we would like to applaud again the NU_Columbia_Artelys team for their input in advancing optimization methods for the power grid.
Artelys Crystal HPC: Our integrated, sovereign High-Performance Computing (HPC) managed platform for industries
— Organizations that run complex simulations, large-scale optimizations, or sensitive calculations face a threefold challenge: securing the computing power to match their ambitions, ensuring data sovereignty, and avoiding weeks of setup time before seeing initial results.
Artelys Expands to Switzerland with the Launch of Artelys Switzerland
— Artelys is pleased to announce the establishment of Artelys Switzerland, a new subsidiary based in Sion. This strategic expansion marks a significant step in the company’s continued international growth and reflects its commitment to better serving clients across the Swiss market and the broader DACH region.
Artelys delivers insights in European security of supply and the role of underground gas storage
Artelys delivers insights in European security of supply and the role of underground gas storage thanks to its advanced modelling capabilities.
Artelys Announces Major New Release of Artelys Crystal Super Grid
Artelys is thrilled to announce a new major release of Artelys Crystal Super Grid.
subscribe to our newsletters
© ARTELYS • All rights reserved • Legal mentions
