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.
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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