This study examines several techniques to improve the efficiency of the linearized multireference driven similarity renormalization group truncated to one- and two-body operators [MR-LDSRG(2)]. We propose a sequential MR-LDSRG(2) [sq-MR-LDSRG(2)] scheme, in which one-body substitutions are folded exactly into the Hamiltonian. This new approach is combined with density fitting (DF) to reduce the storage cost of two-electron integrals. To further avoid storage of large four-index intermediates, we propose a noninteracting virtual orbital (NIVO) approximation of the Baker-Campbell-Hausdorff series that neglects commutators terms with three and four virtual indices. The NIVO approximation reduces the computational prefactor of the MR-LDSRG(2), bringing it closer to that of coupled cluster with singles and doubles (CCSD). We test the effect of the DF and NIVO approximations on the MR-LDSRG(2) and sq-MR-LDSRG(2) methods by computing properties of eight diatomic molecules. The diatomic constants obtained by DF-sq-MR-LDSRG(2)+NIVO are found to be as accurate as those from the original MR-LDSRG(2) and coupled cluster theory with singles, doubles, and perturbative triples. Finally, we demonstrate that the DF-sq-MR-LDSRG(2)+NIVO scheme can be applied to chemical systems with more than 550 basis functions by computing the automerization energy of cyclobutadiene with a quintuple-ζ basis set. The predicted automerization energy is found to be similar to the value computed with Mukherjee's state-specific multireference coupled cluster theory with singles and doubles.
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