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Power and Utilities

Optimize Your Decision-Making


Delicately balance consumer utilization with responsible power generation and distribution.

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Overview

Gurobi allows energy and utility companies to respond to the growing demand for services each year. Optimization enables organizations to delicately balance consumer utilization with responsible management of power generation and distribution. Optimization allows companies to turn data into insight by combining economic, social, and environmental considerations into a single mathematical model. Optimization can also be used to help companies mitigate risk and uncertainty in an increasingly competitive market.

The Solver That Does More

Gurobi delivers blazing speeds and advanced features—backed by brilliant innovators and expert support.

  • Gurobi Optimizer Delivers Unmatched Performance

    Unmatched Performance

    With our powerful algorithms, you can add complexity to your model to better represent the real world, and still solve your model within the available time.

    • The performance gap grows as model size and difficulty increase.
    • Gurobi has a history of making continual improvements across a range of problem types, with a more than 75x speedup on MILP since version 1.1.
    • Gurobi is tuned to optimize performance over a wide range of instances.
    • Gurobi is tested thoroughly for numerical stability and correctness using an internal library of over 10,000 models from industry and academia.
     

  • Gurobi Optimizer Delivers Continuous Innovation
  • Gurobi Optimizer Delivers Responsive, Expert Support

Peek Under the Hood

Dive deep into sample models, built with our Python API.

  • Facility Location Problem

    Facility Location

    Facility location problems can be commonly found in many industries, including logistics and telecommunications. In this example, we’ll show you how to tackle a facility location problem that involves determining the number and location of warehouses that are needed to supply a group of supermarkets. We’ll demonstrate how to construct a mixed-integer programming (MIP) model of this problem, implement this model in the Gurobi Python API, and then use the Gurobi Optimizer to find an optimal solution. This modeling example is at the beginner level, where we assume that you know Python and that you have some knowledge about building mathematical optimization models.

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  • Electrical Power Generation
  • Offshore Wind Farming
  • Technician Routing and Scheduling Problem

Frequently Asked Questions

  • What is prescriptive analytics?

    Prescriptive analytics tools like mathematical optimization help you make decisions based on your real-world business goals (“objectives”) and limitations (“constraints.”) This can be especially useful when you’re facing a business problem with multiple, conflicting goals (such as cutting spending while increasing production) and multiple constraints (such as time, distance, product availability).

    Learn more about prescriptive analytics in our article, “What is Prescriptive Analytics?”

  • What is the difference between predictive analytics and prescriptive analytics?

  • What are some examples of prescriptive analytics in the real world?

  • Can I improve my machine learning applications by applying optimization?

  • How can prescriptive and predictive analytics work together?

Additional Insight

Advanced Microgrid Solutions: Reducing Customer Electric Bills

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