OQI
OQI
OQI
Back to library

Smart Grid Management

Quantum optimisation solution to improve the management of large energy grids and efficiently distribute energy

OWNER

 

 

STATUS

Phase 1 – Outline

QUANTUM APPROACH

Combinatorial Optimization (Quantum Inspired)

SDGs

CONTRIBUTORS

Classiq

Wolfram

ORIGIN OF CONTRIBUTORS

IMPACT/CONTEXT:

The world’s growing energy demands while integrating renewable energy sources for a sustainable future require efficient and reliable management of electrical grids. Efficient grid management is essential for reducing energy losses, ensuring stable power supply, and supporting the transition to sustainable energy systems. The International Energy Agency (IEA) has highlighted the importance of electricity grid improvements, emphasising the critical role of grids in clean energy transitions as the need for system flexibility is expected to continue to grow in the future. The challenge of efficient grid management is global in nature, affecting both developed and developing countries. Smart grid management is a cornerstone of modern infrastructure, supporting the development of resilient infrastructure by enhancing the grid’s ability to adapt to real-time supply and demand fluctuations.

 

HOW COULD QUANTUM HELP:

Currently, smart grid management problems are approached using various classical computational methods. These computational models are useful because they allow for simulation of complex grid scenarios, optimization of resource allocation and prediction of demand and supply fluctuation. Available datasets typically include historical and real-time power consumption data, weather data for renewable energy forecasting, grid topology and capacity information, as well as energy market pricing data. Many optimisation problems in grid management, such as resource allocation or power flow optimisation, are NP-hard problems. This means that as the size of the problem increases, the computational resources required to solve it classically grow exponentially. These methods struggle with the complexity and scale of modern power systems, especially when integrating large-scale renewable energy sources. The introduction of quantum computing could offer new possibilities to explore larger solution spaces more efficiently, providing more efficient solutions for complex grid optimisation problems

2024 | Open Quantum Institute

Privacy Policy

I'm subtitle

Hello World

I'm subtitle

Hello World

Title *
Name: *
Surname *
Country *
Organization
Email *
Engagement Type *
How would you contribute to OQI? *

Share your case study

Project Name *
Project Link *
Owner *
Contributors *
Project Image
Maximum file size: 2 MB
Status *
Short Description *
Full Description *
Select SDGs *

Share your educational resource

Resource Title *
Resource Owner *
Resource Link *
Resource Region *
Resource origin
Level *
Resource Price *
Provided by
Resource Image
Maximum file size: 2 MB
Resource Audience *
Resource Type *
Resource Theme *
Short Description *

Join the Future of Quantum Computing!

Learn about engagement opportunities

OQI Partners are institutions that benefit from peer recognition for their scientific contributions or impact expertise.

Requirements:

  1. Either have served as OQI’s spearheading partners during its incubation phase or have consistently engaged resources to OQI’s work as OQI members for at least a year
  2. Commit to co-shape the OQI’s unique value propositions for the three years of the pilot throughout the 4A’s​
  3. Are vetted by the OQI Advisory Committee
  4. Abide to OQI’s values and openness principles

OQI Members are institutions that benefit from peer recognition for their scientific contributions or their impact expertise.

Requirements:

  1. Have disclosed their governance structure
  2. Commit to actively contribute on at least one of the 4A’s assiduously for at least one year​
  3. Have appointed at least one expert from their institution as focal point of contact for OQI and contributor to its working groups
  4. Abide to OQI’s values
  5. Have submitted a complete membership form with supporting documentation and are vetted by the OQI Management Team
  6. Qualify for partner level after having demonstrated their commitment for at least one year​

OQI Friends are individuals (such as experts from the private or public sector, countries, citizens) who are committed to open science, inclusivity and all values as set out in OQI’s charter and associate themselves with the OQI.

Friends socialise the OQI to their communities.

Downloadable PDF version of Charter

 

Description:

The Open Quantum Institute (OQI) is a multilateral governance initiative that promotes global and inclusive access to quantum computing and the development of applications for the benefit of humanity. As a novel science diplomacy instrument, it brings together research, diplomacy, private sector and philanthropy stakeholders. OQI is hosted by CERN during its pilot phase (2024-2026).

 

Mission:

• Accelerating applications for humanity: Realising the full potential of quantum computing to have the widest possible societal impact by accelerating the development of use cases geared towards achieving the United Nations’ Sustainable Development Goals (SDGs) and succeeding framework , thanks to the combined forces of researchers, developers and entrepreneurs from academia and private sector as well as the United Nations, and large NGOs
• Access for all: Providing global, inclusive and equitable access to a pool of public and private quantum computers and simulators available via the cloud
• Advancing capacity building: Developing educational tools to enable everyone around the world to contribute to the development of quantum computing and make the most of the technology
• Activating multilateral governance for the SDGs: Providing a neutral forum to help shape multilateral governance of quantum computing for the SDGs

 

Values:

• Inclusivity, global scope
  • Enable people from all countries, regardless of whether they have any quantum computing capability of their own, to benefit from and to participate in the development of (i) quantum computing applications that address global challenges, in particular those that are closely related to their own specific challenges, and (ii) the multilateral governance of quantum computing for the SDGs
• Openness
  • Share experiences, knowledge, and methods for the benefit of all, following Open Science best practice
  • Make openly available the results – outcomes of joint activities related to the OQI mission conducted by the OQI community – to society via open repositories and/or through the use of open licences
• Focus on impact
  • Ensure that applications are developed for their quantum computing potential to tackle real-world problems that will benefit humanity
  • Consider and balance their ethical, legal, and societal implications
• Independence
  • Enable everyone to participate free from individual, national, corporate or any other agendas
  • Develop applications with a technology neutral approach.
• Collaboration
  • Foster a community of diverse expertise, backgrounds and geographies, enabled by international cooperation and diplomacy

 

Please fill in your application request

Title *
Name: *
Surname *
Country *
Organization
Email *
Engagement Type *
How would you contribute to OQI? *