VESPUCCI Maria Teresa

Maria Teresa Vespucci

• Associate professor of Operations Research at the Department of Information Technology and Mathematical Methods of the University of Bergamo

• Member of PhD Program Board in “Economics, Applied Mathematics and Operational Research”, University of Bergamo

• Member of the Scientific Board of the Advanced Course in Energy and Environmental Risk Management (EERM), University of Milano-Bicocca


Education

• Degree in Economics

• Ph.D. in Numerical Optimization at the University of Hertfordshire (U.K.) under the supervision of Prof. L.C.W. Dixon


Membership in professional and scholarly societies

• Italian Operational Research Society (A.I.R.O.)

• Italian Society for Mathemathics Applied to Industry (S.I.M.A.I.)

• Institute for Operations Research and the Management Science (I.N.F.O.R.M.S.)


Main research areas

• Linear algebra

• Linear and nonlinear optimization

• Stochastic programming

• Application of mathematical programming modeling to: car engine optimization; decision support system for a gas retailer; power plants scheduling in the liberalized electricity market; risk hedging for hydro power producers; equilibria in oligopolistic electricity markets; power generation capacity expansion


Research areas in the period 1986-95

• Specialised algorithms for nonlinear least squares problems with large residuals at the solution

• Optimal control parameter values of a car engine

• Linear solvers for Truncated-Newton methods

• Investigation of sequential and vectorized algorithms for system of linear algebraic equations of large dimension


Research areas in the period 1996-2005

• Krylov methods for systems of linear algebraic equations

• Production scheduling of hydro- and thermoelectric generation units in open electricity market


Research areas in the period 2006-2011

• Deterministic and stochastic decision-support models for a gas retailer

• Short-term scheduling of a hydro-thermal power generation system in the liberalized electricity market

• Multi-stage stochastic models for the daily coordination of wind power plants and hydro power plants

• Stochastic decision-support models for a hydro power producer operating on the electricity derivative market for risk hedging

• Models for determining optimal strategic decisions of a dominant producer in a liberalized electricity market

• Equilibrium models for oligopolistic electricity markets

• Software tools for the technical and economical evaluation of a distributed generation network

• Optimal power generation expansion models


Main research projects (2001-2011)

• Scientific coordinator of the research contract with Centro Elettrotecnico Sperimentale Italiano (CESI) Giacinto Motta S.p.A. di Milano: "Analysis of models for the optimisation of plant scheduling of a generation company operating in a liberalized electricity market" (2001)

• Scientific coordinator of the research group at the University of Bergamo per la ricerca “Modelli per la gestione del mercato elettrico italiano e per il processo di bidding” nel progetto PRIN 2005 “Modelli di supporto alle decisioni per gli Operatori del Mercato Elettrico Italiano e loro impatto sulla sicurezza del sistema” (Prof. Roberto Musmanno)

• Collaborator in the project “Models for optimizing the management of a natural gas retailer company” (2005-2006)

• Collaborator in the project “Models for the electricity market”, VIII Programma Esecutivo di collaborazione scientifica Comunità Francese del Belgio-Italia (2007)

• Scientific coordinator of the research contract with Centro Elettrotecnico Sperimentale Italiano (CESI) Giacinto Motta S.p.A. - Milano: “Models for simulating scenarios of the Italian electricity market in medium and long term horizons” (2008)

• Stochastic decision support models for the management of energy generation systems from both conventional and renewable sources, Fondi di Ateneo, University of Bergamo (2008)

• Annual research projects in Applied Mathematics, Fondi di Ateneo, University of Bergamo (2001-2009)

• Scientific coordinator of the research contract with ENEA  Ricerca sul Sistema Elettrico S.p.A. - Milano: “Models for simulating transnational scenarios for the integration of renewable energy sources” (2009)

• Scientific coordinator of the research contract with RSE - Ricerca sul Sistema Energetico - S.p.A. - Milano: “Models for technical-economical optimization” (2011)



Teaching activity

• Courses of “Operations Research”, “Optimization”, “Mathematical Methods for Economy”, “Basis calculus”, Faculty of Economics, University of Bergamo (1990-1996)

• Courses of “Operations Research”, “Optimization” and “Advanced Algorithms”, Faculty of Engineering, University of Bergamo (1995-2010)

• Course of “Problem Solving”, Faculty of Economics, University of Bergamo (2003-2012)

• Course of “Modelli e algoritmi per LP e ILP”, PhD in “Metodi Computazionali per le Previsioni e Decisioni Economiche e Finanziarie”, University of Bergamo (2004-2010)

• Course of “LP and ILP Models and Algorithms”, PhD Program “Metodi Computazionali per le Previsioni e Decisioni Economiche e Finanziarie”, University of Bergamo (2006-2011)

• Courses of “Linear Programming” and “Mathematical Models for the Electricity Sector”, EERM Advanced Course, University of Milano-Bicocca (2006, 2007, 2011)

• Course of “Models and methods of Operations Research”, PhD in “Logistics and Supply Chain Management”, University of Bergamo (2009-2010)

• Course of “Modelli e algoritmi per LP e ILP”, PhD in “Economy, Applied Mathematics and Operations Research”, University of Bergamo (2011-2012)

• Courses of “Operations Research” and “Optimization Models and Algorithms”, Faculty of Engineering, University of Bergamo (2011-2012)