Magdeburg Lectures on Optimization and Control: Optimal control, optimization, market mechanisms and physics of smart energy systems

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Magdeburg Lectures on Optimization and Control: Optimal control, optimization, market mechanisms and physics of smart energy systems

  • Date: Jan 23, 2018
  • Time: 17:00 - 19:00
  • Speaker: Prof. Dr. ir. Jacquelien M.A. Scherpen, University of Groningen
  • Location: Max Planck Institute Magdeburg
  • Room: Big Seminar Room "Prigogine"

Abstract

"In this talk I will first give a combined distributed, hierarchical optimal control perspective using dual decomposition and pricing mechanisms for smart energy systems, and in particular for household prosumers (consumers and producers). In this setup a possible future (EU) market structure is taken into account. Furthermore, I will take a second perspective from the physics, where stabilisation is important, and optimisation is done on the welfare function. Some questions about the coupling of these two perspectives are raised."