Uruguay is a pioneer in the use of renewable sources of energy and can usually satisfy its total demand from renewable sources. Control and optimization of the system are complicated by half of the installed power - wind and solar sources - being non-controllable with high uncertainty and variability. In this work, we present a novel optimization technique for efficient use of the production facilities.
Chiheb Ben Hammouda won the best poster award at the Society for Industrial and Applied Mathematics (SIAM) Conference on Financial Mathematics & Engineering (FM19) held at the University of Toronto from June 4 to 7, 2019.
In the field of uncertainty quantification, the effects of parameter uncertainties on scientific simulations may be studied by integrating or approximating a quantity of interest as a function over the parameter space. If this is done numerically, using regular grids with a fixed resolution, the required computational work increases exponentially with respect to the number of uncertain parameters - a phenomenon known as the curse of dimensionality.
Prof. Raul Tempone and his KAUST research group will visit the WIAS Institute in Berlin Germany to work with Dr. Christian Bayer and give a seminar.
Prof. Raul Tempone will participate in a Humboldt colloquium (Buenos Aires, Argentina), presenting his KAUST work developed with the KAUST Ph.D. student Soeren Wolfers "Stochastic Control for multivariate American Options".
Prof. Tempone will give two research seminars in Montevideo, Uruguay. One at the Facultad de Ingenieria and another at the Facultad de Ciencias.
The probability that a sum of random variables (RVs) exceeds (respectively falls below) a given threshold, is often encountered in the performance analysis of wireless communication systems. Generally, a closed-form expression of the sum distribution does not exist and a naive Monte Carlo (MC) simulation is computationally expensive when dealing with rare events.
Prof Raul Tempone is a Keynote Speaker at the next edition of the annual Woudschoten Conference in the Netherlands, Zeist, Netherlands.
On September 26th, 2018, Zaid Sawlan successfully defended his Ph.D. thesis entitled "Statistical analysis and Bayesian methods for fatigue life prediction and inverse problems in linear time-dependent PDEs with uncertainties."
Date: Tuesday 18th Sep 2018
Time:10:00 AM - 11:00 AM
Location: Building 1, Level 4, Room 4214
Prof. Raul Tempone gives a research seminar on his ongoing research at the Department of Mathematics in KTH Stockholm, Sweden, and will work with Prof. Szepessy and Prof. Oppelstrup.
Prof Raul Tempone is invited to give a mini-course at the workshop "Stochastic Methods in Finance and Physics" that will take place in Heraklion, Crete, Greece, organized by Peter Friz (TU Berlin), Michalis Loulakis (NTU Athens) and Antonios Papapantoleon ( University of Athens).
Prof. Raul Tempone is co-chair of the International Conference in Monte Carlo & Quasi-Monte Carlo Methods in Scientific Computing and Minisymposium co-organizer (Multilevel Monte Carlo) in Rennes, France.
On May 8, Italian-Uruguayan KAUST Professor Raul Fidel Tempone received the Alexander von Humboldt professorship at RWTH Aachen at a ceremony in Berlin, Germany. The award recognizes Tempone as an international leader in mathematics for uncertainty quantification, a fairly new mathematical specialization that is currently making a breakthrough. Tempone teaches and performs research in the University's Applied Mathematics and Computational Science program.
In the spring of next year, at the SIAM UQ18 meeting in Orange County, California, Dr. Alexander Litvinenko is co-organizing a Minisymposium called "Low-rank approximations for the forward and the inverse problem."