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Energy Supply and Demand Optimisation: Mathematical Modelling Using Gurobi Python | by Kong You Liow | Sep, 2023

Efficient energy allocation through mathematical optimisation Photo of power pylons at sunset. Source: image by Matthew Henry from Unsplash. We are currently in an era where the equilibrium between energy supply and demand has become particularly important. Traditional energy sources like oil and gas are facing difficult challenges like geopolitical factors such as the Russian-Ukrainian conflict, which has disrupted natural gas supplies, and the overall depletion of natural reserves. On the other hand, there is also a growing demand for energy, particularly as more countries transition from developing to developed status. This economic growth signifies an increased need for energy to fuel production and industrial processes. The urgency of addressing climate change further emphasises the need for renewable energy sources. Combining all factors, this means that achieving a well-balanced energy supply and demand has only become increasingly crucial.

Are We Going to Reach Net-Zero Emissions?

I am always curious to know how much the cost of generating electricity with a wind turbine is, how much revenue it generates and how the financial balance works out. It is very interesting to know, and to compare the numbers for electricity from

Can Future Wind Turbine Blades Be Modular?

For several years now, I have taught a university course in wind energy. Every year I update the contents of the course to include the progress of technology and the new turbines coming to market. One of the topics is the breakdown of the cost of a

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