Colloquium at Macquarie University: Lars Grune -- Model predictive control as a device to approximate infinite horizon by finite horizon optimal control problems

Dear Alll, 

It is just to let you know that Prof Lars Grune from the University of Bayreuth (see
http://num.math.uni-bayreuth.de/en/team/Gruene_Lars/ ) will give a colloquium seminar at
1pm on Sept 3 in C5C T1 Theatre at Macquarie University.  The title and an abstract of
the seminar are as follows 

Model predictive control as a device to approximate infinite horizon by finite horizon
optimal control problems 

In this talk, we present recent results on the performance of model predictive control
(MPC) schemes in the context of infinite horizon optimal control.  We will be able to
prove approximate optimality of the resulting trajectories both in an infinite horizon
averaged and in a "transient" sense (the meaning of the latter will be defined in the
talk).  A particular emphasis will be put on the explanation of the underlying
structural assumptions on the optimal control problems to be solved.  The talk will also
present open questions which arise from an application of MPC to smart grids as well as
for discounted optimal control problems.  

Please come along if you are interested.  

With best regards, 

Vlad