Project description
Ensuring future supply meets demand: innovative modelling of large-scale supply networks
The efficient and effective distribution of goods and services requires planning. Decision-making depends on accurate predictions of supply and demand to ensure needs can be met. The considerations are complex, particularly for large-scale networks such as gas and water distribution. With the support of the Marie Skłodowska-Curie Actions programme, the NETOPT project will model and forecast large-scale network flows. The high-frequency forecasting model will analyse complex spatial and temporal dynamics using functional data analysis. The aim is to accommodate the high dimensionality of real-life Big Data and the time series generated by sampling random functions at regular time intervals. Mathematical programming will underlie the mathematical models designed to solve decision problems.
Objective
In NETOPT, we will develop an innovative high-frequency forecasting model that analyses complex spatial and temporal dynamics in large-scale networks under demand and supply constraints. Using supply networks as an example, NETOPT aims to model and forecast large-scale network flows using a Functional Time Series (TS) and Mathematical Programming (MP) approach. The network model proposed in NETOPT can optimize decision planning and efficient scheduling by reducing financial and technical risks in transmission and distribution networks, such as gas and water networks. To demonstrate the practical effectiveness of our new approach, we will implement models to describe and predict hourly gas flows for several days ahead in the German high-pressure gas transmission network using real-world data. Efficient prediction and interpretation of the complex dynamics in transport and distribution networks is a crucial component of an intelligent decision support system that helps to reach the climate targets of the European Green Deal in a fair, cost-effective, and competitive way.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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HORIZON.1.2 - Marie Skłodowska-Curie Actions (MSCA)
MAIN PROGRAMME
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
HORIZON-TMA-MSCA-PF-EF - HORIZON TMA MSCA Postdoctoral Fellowships - European Fellowships
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) HORIZON-MSCA-2021-PF-01
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
10623 Berlin
Germany
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.