Quantum Approximation Optimization Algorithms (QAOA) have been actively developed, among which Fermionic QAOA (FQAOA) has been successfully applied to financial portfolio optimization problems. We improve FQAOA and apply it to the optimization of electricity demand portfolios aiming to procure a target amount of electricity with minimum risk. Our new algorithm, FQAOA-SCLFM, allows approximate integration of constraints on the target amount of power by utilizing self-consistent local field modulation (SCLFM) in a driver Hamiltonian. We demonstrate that this approach performs better than the currently widely used XY-QAOA and the previous FQAOA in all instances subjected to this study.
@article{arxiv.2505.02282,
title = {Electric Power Demand Portfolio Optimization by Fermionic QAOA with Self-Consistent Local Field Modulation},
author = {Takuya Yoshioka and Keita Sasada and Yuichiro Nakano and Keisuke Fujii},
journal= {arXiv preprint arXiv:2505.02282},
year = {2025}
}
Comments
published in 2024 IEEE International Conference on Quantum Computing and Engineering (QCE)