Computing facilities to support research in equilibrium models and algorithms with application to energy markets

申请者申请资金购买计算机硬件和软件，供申请者和几名研究生在他们的研究项目中使用。该研究涉及市场经济平衡的计算机模型，特别关注能源市场。例如，一个应用领域是研究如何设计电力竞争市场。另一个应用领域是评估因使用化石燃料而限制温室气体排放的政策。*由于计算机模型非常大，很难解决，这项研究需要强大的计算硬件和最新的软件。研究的一个重要方面是为大规模模型的求解创造改进的算法。如果计算机硬件和软件获得资金，拟议中的研究将为政府和企业创造新的工具，以更好地解决许多紧迫的能源和环境问题。

The applicant requests funding to purchase computer hardware and software to be used by the applicant and several graduate students in their research programs.  The research involves computer models of economic equilibrium in markets, with a particular focus on energy markets.  For example, one area of application is in the study of how to design competitive markets for electric power.  Another application is in the evaluation of policies to limit greenhouse gas emissions due to the use of fossil fuels.   Because the computer models are very large and difficult to solve, the research requires powerful computing hardware and up to date software.  One important aspect of the research is the creation of improved algorithms for the solution of the large scale models. If the computer hardware and software is funded, the proposed research will create new tools for government and business to better address many pressing problems of energy and the environment.