Optimization (pyomo) for Energy Investments using Python

Optimization (pyomo) for Energy Investments using Python

What is the course about:

This course teaches how to apply Mathematical Optimization in order to find the most economical (optimal) investment decisions, with an application to energy.

A Mathematical Optimization Model is a type of Data Science Model, which is used for economic analyses.

In this case, the course shows how to use such models for analyses of Investments in Energy Infrastructure.

Focus is placed on Renewables infrastructures such as Wind Farms, Solar Photovoltaics, and Hydropower units.

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The idea of this course is that you either have your own consultancy company or you work for a consultancy company, whose clients are companies interested in investing in energy but have not yet decided when to start the construction, which location to select, and they are not sure about how much the cost will be.

​You will build an Optimization model that will model the specific requirements of the client as accurately as possible, and produce results that you can explain to the client.

The clients will provide a number of input data (typically Excel files) that will need to be taken into account. This means that the Optimization model will have to read the input data that the client has provided, which can be done through Python.

In this course, the entire process is displayed in detail.

Who:

I am a research fellow at Imperial College London, and I have been part of high-tech projects at the intersection of Academia & Industry for over 10 years, prior to, during & after my Ph.D. I am also the founder of the giannelos dot com program in data science.

• Doctor of Philosophy (Ph.D.) in Analytics & Mathematical Optimization applied to Energy Investments, from Imperial College London, and Masters of Engineering (M. Eng.) in Power Systems and Economics.

Special Acknowledgements:

To Himalaya Bir Shrestha who has been contributing to the development of Python scripts for this course and to Medium with insightful posts.

Important:

• Prerequisites: The course Data Science Code that appears all the time at Workplace.

• Every detail is explained, so that you won't have to search online, or guess. In the end, you will feel confident in your knowledge and skills.

• We start from scratch so that you do not need to have done any preparatory work in advance at all.  Just follow what is shown on screen, because we go slowly and explain everything in detail.
  

Mathematical Optimization Investment models using Python (pyomo)

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What you will learn

• Pyomo and Python
• Mathematical Optimization models from scratch
• Energy Investment problems. Focus: Sustainable Energy. All on Python.

Rating: 4.90909

Level: All Levels

Duration: 4 hours

Instructor: Dr. Giannelos