Webinar Summary
Many organizations use optimization within some part of their business. Some companies, such as Advanced Microgrid Solutions (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
