Many organizations use optimization within some part of their business. Some companies, such as Advanced Microgrid Solution (AMS), use optimization as an integral part of their solution. AMS provides a software-as-a-service product that optimizes the operation of a clients’ energy storage assets in order to reduce their electric bill, while also meeting contractual obligation to provide capacity to the electric utility. AMS aggregates a number of distributed assets to provide the utility with a virtual power plant that can be used to reduce system peak load. Given the dynamic nature of the electric grid, the problem needs to be solved every 5-10 minutes, requiring a robust, reliable, and scalable solution to manage continual growth.
This 40-minute recording will focus on how AMS integrates Gurobi into their software solutions, including:
- The business case from a high level
- The problem formulation as a Mixed Integer Program using Gurobi’s Python API
- Use of Gurobi server to allow for scaling
- Tips and tricks for building production level models
Download the materials associated with this webinar.