Industrial and Systems Engineering Colloquium

November 24, 2020
November 24, 2020
Presenter: Pierre Pinson, PhD 
                  Professor at the Centre for Electric Power and Energy of the Technical University of Denmark                 
Topic: "Renewable Energy Forecasting - High Dimensions and Distributed Aspects" 
Time: Noon to 1:00 pm EST
Password: 5q020l
Abstract: Forecasting for energy systems has received tremendous interest over the years. Recent challenges definitely relate to the increasing dimensionality of the learning problems involved, possibly combined with the fact many of the agents are not so willing to actually share data (privacy restrictions, competitive environment, etc.). Therefore, we will start by motivating the need for high-dimensional models (though sparse), look into approaches for online learning in such models, to eventually focus on the fact we need to respect the distributed nature of the learning and forecasting problems. There we will explore 2 alternatives, which are online distributed learning (possibly with a privacy-preserving layer) and data markets.
Biography: Pierre Pinson is a Professor at the Centre for Electric Power and Energy (CEE) of the Technical university of Denmark (DTU, Dept. of Electrical Engineering), also heading a group focusing on Energy Analytics & Markets. He holds a M.Sc. in Applied Mathematics from INSA Toulouse and a Ph.D. in Energy Engineering from Ecole de Mines de Paris (France). He is the Editor-in-Chief of the International Journal of Forecasting, a leading journal in its field. He has been a visiting researcher at the University of Oxford, the University of Washington in Seattle (Dpt. of Statistics), the European Center for Medium-range Weather Forecasts (ECMWF, UK), Ecole Normale Superieure (Rennes, France). In 2019, he was a Simons fellow at the Isaac Newton Institute, Cambridge, UK. He is leading a number of initiatives aiming to profoundly rethink electricity markets for future renewable-based power systems with focus on forecasting and with a more proactive role of consumer
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