High Performance Solution for Security Constrained Optimal Power Flow
- Global Optimal Technology, Inc., Ithaca, NY (United States); www.bigwood-systems.com
Solving the Alternating Current Optimal Power Flow (ACOPF) problem is key to economically efficient and reliable power networks with a good solution potentially saving utilities tens of billions of dollars annually (according to FERC). The Grid Optimization (GO) Competition set up by ARPA-E saw several promising solutions in Challenge 1. While team GOT-TJU-OPF placed top 10 in Division 3 and 4, this was not a satisfactory performance, and the team has identified specific areas to improve and will be adding more members to round out the necessary skills and expertise needed to be more competitive. The team set out for redemption during GO Challenge 2 with an improved High-Performance Solution for Security Constrained Optimal Power Flow. The (renamed) BSI-GOT-OPF Team ended up finishing top 2 overall in the competition. The algorithms developed have potential impacts for the electric power markets that are enormous. Optimal Power Flow technology can be an enabling technology to achieve energy-efficient power grids while enhancing renewable energy penetration, among others.
- Research Organization:
- Global Optimal Technology, Inc., Ithaca, NY (United States)
- Sponsoring Organization:
- USDOE Advanced Research Projects Agency - Energy (ARPA-E)
- DOE Contract Number:
- AR0001299
- OSTI ID:
- 1863594
- Report Number(s):
- DE--AR00001299
- Country of Publication:
- United States
- Language:
- English
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