Project Grant 2215526

Award Date 10/1/22
Completion Date 9/30/25
Dollars Obligated $362K
Federal Grant Program
47.041
Assistance Type
Project Grant
Place of Performance
Minneapolis, MN 55455, USA

The National Science Foundation awarded a $361,820 Project Grant to the Regents of the University of Minnesota under the Engineering (47.041) federal grant program. The three-year award will fund research to develop computational methods for coordinating industrial process networks in a highly electrified chemical industry. Specifically, the university researchers will design new cooperative optimization and market mechanisms to facilitate demand response, provision of interruptible load, and real-time coordination across multiple interconnected chemical plants and stakeholders. Conducted in partnership with Dow Chemical Company, the project aims to enable cost-effective electrification and flexibility in chemical industry operations while improving grid reliability and renewable energy integration. The research advances multi-agent decision making and has potential applicability to other time-sensitive, multi-stakeholder resource coordination challenges.

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