Vertex Algebras and Coordinate Rings of Semi-infinite Flags

The direct sum of irreducible level one integrable representations of affine Kac-Moody Lie algebra of (affine) type ADE carries a structure of P/Q-graded vertex operator algebra. There exists a filtration on this direct sum studied by Kato and Loktev such that the corresponding graded vector space is a direct sum of global Weyl modules. The associated graded space with respect to the dual filtration is isomorphic to the homogenous coordinate ring of semi-infinite flag variety. We describe the ring structure in terms of vertex operators and endow the homogenous coordinate ring with a structure of P/Q-graded vertex operator algebra. We use the vertex algebra approach to derive semi-infinite Plücker-type relations in the homogeneous coordinate ring.