Quantum Optimization for the Future Energy Grid: Summary and Quantum Utility Prospects
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arXiv
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| Autori principali: | , , , , , , , , |
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| Natura: | Preprint |
| Pubblicazione: |
2024
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| _version_ | 1866917622582345728 |
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| author | Blenninger, Jonas Bucher, David Cortiana, Giorgio Ghosh, Kumar Mohseni, Naeimeh Nüßlein, Jonas O'Meara, Corey Porawski, Daniel Wimmer, Benedikt |
| author_facet | Blenninger, Jonas Bucher, David Cortiana, Giorgio Ghosh, Kumar Mohseni, Naeimeh Nüßlein, Jonas O'Meara, Corey Porawski, Daniel Wimmer, Benedikt |
| contents | In this project summary paper, we summarize the key results and use-cases explored in the German Federal Ministry of Education and Research (BMBF) funded project "Q-GRID" which aims to assess potential quantum utility optimization applications in the electrical grid. The project focuses on two layers of optimization problems relevant to decentralized energy generation and transmission as well as novel energy transportation/exchange methods such as Peer-2-Peer energy trading and microgrid formation. For select energy grid optimization problems, we demonstrate exponential classical optimizer runtime scaling even for small problem instances, and present initial findings that variational quantum algorithms such as QAOA and hybrid quantum annealing solvers may provide more favourable runtime scaling to obtain similar solution quality. These initial results suggest that quantum computing may be a key enabling technology in the future energy transition insofar that they may be able to solve business problems which are already challenging at small problem instance sizes. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2403_17495 |
| institution | arXiv |
| publishDate | 2024 |
| record_format | arxiv |
| spellingShingle | Quantum Optimization for the Future Energy Grid: Summary and Quantum Utility Prospects Blenninger, Jonas Bucher, David Cortiana, Giorgio Ghosh, Kumar Mohseni, Naeimeh Nüßlein, Jonas O'Meara, Corey Porawski, Daniel Wimmer, Benedikt Quantum Physics Optimization and Control In this project summary paper, we summarize the key results and use-cases explored in the German Federal Ministry of Education and Research (BMBF) funded project "Q-GRID" which aims to assess potential quantum utility optimization applications in the electrical grid. The project focuses on two layers of optimization problems relevant to decentralized energy generation and transmission as well as novel energy transportation/exchange methods such as Peer-2-Peer energy trading and microgrid formation. For select energy grid optimization problems, we demonstrate exponential classical optimizer runtime scaling even for small problem instances, and present initial findings that variational quantum algorithms such as QAOA and hybrid quantum annealing solvers may provide more favourable runtime scaling to obtain similar solution quality. These initial results suggest that quantum computing may be a key enabling technology in the future energy transition insofar that they may be able to solve business problems which are already challenging at small problem instance sizes. |
| title | Quantum Optimization for the Future Energy Grid: Summary and Quantum Utility Prospects |
| topic | Quantum Physics Optimization and Control |
| url | https://arxiv.org/abs/2403.17495 |