Overview
In an electricity distribution grid some of the buses expect their electricity demand to grow in an uncertain way (exogenous uncertainty). In some other buses, demand side response is expected to be deployed but the consumer participation is uncertain (endogenous uncertainty). We will understand what the difference is between exogenous and endogenous sources of uncertainty, how to model them, and develop an optimization model - using Benders decomposition - for deciding the optimal investments in this distribution grid: i.e. whether to upgrade the capacity (kW) of distribution grid lines (when, and by how much) or deploy demand side response (and at which buses and when).
We will also look at the FICO Mosel Xpress code and understand its along with its mathematical formulation.
Key Details
- Prerequisites: None
- Video Duration: 2 hours, 14 minutes
- Last Updated: September 2025
Price: 100 GBP
Access: Lifetime with updates
Downloads: All code, datasets, and slides included
Support: Direct Access to instructor included
Certificate: Yes, upon watching all videos, at no extra cost
Format: Private, self-paced, focused learning with no distractions
Community: For networking with other learners, join the dedicated Skool community
Instructor: Dr. Spyros Giannelos, Imperial College London
