09.01.2018 -
Optimal control, optimisation, market mechanisms and physics of smart energy systems
Prof. dr. ir. Jacquelien M.A. Scherpen
University of Groningen
Time & Place
The presentation on January 23, 2018 will be given in the Max Planck Institute Magdeburg, Großer Seminarraum 'Prigogine' and starts at 5.00 p.m..
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.