Artelys Knitro 12.3 solves nonlinear models with millions of constraints!
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.
Innovative grid technologies can improve renewable energy integration in the Latvian grid by up to 40%
—The power grid faces challenges in managing the increasing amounts of new wind and solar power generation. Grid Enhancing Technologies (GETs) are essential for optimizing the use of the existing infrastructure. Artelys carried out a study for Latvian Transmission System Operator (TSO) AST to assess the renewable generation hosting capacity of the transmission grid and to evaluate the benefits that GETs can provide to renewable integration. The study performed simulations using the open-source optimal flow tool, PowSyBI Metrix. Results show that Grid Enhancing Technologies can increase Renewable Energy Sources (RES) hosting capacity by up to 40% and were announced in the following press release.
Artelys Knitro 14.1: delivers very quick solutions on non-convex models
— We are pleased to announce that Artelys Knitro 14.0 is now available! This new version enables compagnies to solve complex non-linear optimization problems with unprecedented efficency and precision.
You missed the METIS 3 Dissemination event? The slides are now available!
— Artelys was thrilled to organize the METIS 3 Dissemination webinar on April 17, which was a great opportunity to present key studies and upgrades of METIS models and datasets conducted in the last four years, including exciting discussions with external panelists!
Artelys participates in the demonstration of large-scale underground hydrogen storage in Europe
— Artelys is involved in the five-year project FrHyGe funded by the European Commission via the Clean Hydrogen Partnership.
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