Weston Roundtable – Optimization in Energy and Environmental Systems
Speaker: Michael Ferris, Professor, Department of Computer Sciences, University of Wisconsin-Madison
Power grids across the world depend on optimization models that capture interactions between producers, transmission and consumers. The recent explosion of renewable supply such as wind, solar and hydro has led to increased volatility at different time scales.
Various countries have announced target dates for 100 percent renewable electricity systems, requiring long-term investment planning, medium-term storage management (including batteries and pumped storage), and short-term analysis of demand-response, load curtailment and congestion. We develop optimization models for these issues that consider investment and fuel costs, emissions, electricity prices, and lost-load.
The Weston Roundtable is made possible by a generous donation from Roy F. Weston, a highly accomplished UW-Madison alumnus. Designed to promote a robust understanding of sustainability science, engineering, and policy, these interactive lectures are co-sponsored by the Center for Sustainability and the Global Environment (SAGE), the Department of Civil and Environmental Engineering, and the Office of Sustainability.