02:00 PM - 03:00 PM
Optimizing the future of smart grids
A smart grid is the combination of a traditional electrical power system with information and energy both flowing back and forth between suppliers and consumers. This new paradigm introduces major challenges such as the integration of decentralized energy generation, the increase of electric transportation, and the need for electricity consumers to play an active role in the operations of the grid. This presentation will summarize the opportunities for optimization to contribute to the success of smart grids and present some recent breakthroughs.