Section: Partnerships and Cooperations

International Initiatives

• We are involved in the CIRIC team “Optimization and control of energy”, jointly with U. de Chile at Santiago. This collaboration involved several visits of the team in Santiago: F. Bonnans (1 week), B. Heymann (2 months) and P. Martinon (2 weeks).

OCONET

• Title: Optimization and control in network economics

• International Partner:

  • Universidad de Chile (CHILI)

• Duration: 2012 - 2014.

• See also: http://www.cmm.uchile.cl/EA_OCONET/

• Limited resources in telecommunication, energy, gas and water supply networks, lead to multi-agent interactions that can be seen as games or economic equilibrium involving stochastic optimization and optimal control problems. Interaction occurs within a network, where decisions on what to produce, consume, trade or plan, are subject to constraints imposed by node and link capacities, risk, and uncertainty, e.g. the capacity of generators and transmission lines; capacity of pipeline in gas supply; switches and antennas in telecommunication. At the same time, nonlinear phenomena arise from price formation as a consequence of demand-supply equilibria or multi-unit auction processes in the case of energy and telecommunication. We will focus first in this project in electricity markets in which there are producers/consumers PCs, and an agent called ISO (Independent system operator) in charge of the management of the network. One major application we have in mind is the one of smart (electrical) grids, in view of the increased use of renewable energies, that is, a massive entry of wind, geothermal, solar in particular.