Artelys Knitro won the expansive single objective track of the 2019 BBComp edition. This accomplishment highlights Artelys Knitro excellent performance and robustness in the field of Derivative-Free Optimization (DFO).
BBComp is a continuous black-box optimization competition where test problems are truly black boxes for participants as no assumptions can be made about the analytic form of the function to be optimized (e.g., being linear or quadratic).
The purpose of the BBComp challenge is to find the optimal objective value to a given black-box problem with a limited function evaluation budget. Artelys Knitro embeds several black-box specializations to efficiently solve such problems. The Sequential Quadratic Programming (SQP) algorithm combined with a dedicated termination criteria makes the best use of the function evaluation budget.
Such black-box formulations are frequent in several application fields, for example when optimizing networks or in blending problems. In particular, relying on external simulators usually prevents the solver from exploiting the optimization problem’s analytical formulation.
The European Power Exchange EPEX SPOT operates a platform to host a new market for frequency responses offers. The first auctions have been held at the end of 2019. This platform uses a new market clearing algorithm tailored to specific market rules, which has been designed and developed by Artelys.read more
Artelys Crystal Resource Optimizer has been successfully deployed at Nice Airport. This innovative and ambitious software solution offers the opportunity to optimize the use of airport resources and to anticipate the strong growth expected in the years to come.read more
ENTSOG and ENTSO-E publish Artelys study on interlinkages between gas and electricity systems. In this study, Artelys presents recommendations related to the identification of infrastructure projects for which the interactions between gas and electricity may significantly impact their assessment.read more
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