Internship
Posted on 2/1/2022
ML-powered software optimizing electricity grid planning
No salary listed
Winnipeg, MB, Canada
Invenia Labs uses machine learning to optimize planning and distribution of electricity for utilities and grid operators. Its software forecasts generation and demand, optimizes dispatch, and balances the grid in real time while integrating with existing grid-management systems. By considering limited grid capacity and the difficulty of storing electricity, it helps reduce waste and lower costs, with environmental benefits. The company differentiates itself through a multidisciplinary team and a focus on seamless integration, aiming to improve reliability and cost efficiency of the power grid.
Company Size
1-10
Company Stage
Series A
Total Funding
$5M
Headquarters
Winnipeg, Canada
Founded
2006
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where x is the vector of grid parameters and y is the vector of optimization variables, f ( x, y ) is the objective (or cost) function to minimize, subject to equality constraints c i E ( x, y ) ∈ C E and inequality constraints c j I ( x, y ) ∈ C I, where for convenience Invenia Technical Computing Corporation introduced C E and C I that denote the sets of equality and inequality constraints with corresponding cardinalities n = | C E | and m = | C I |.
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