Speaker: Trine Krogh Boomsma, University of Copenhagen (https://www.math.ku.dk/ansatte/?pure=da/persons/338446)

Title: Optimization and equilibrium problems in renewable power systems and markets

This talk will focus on optimization and equilibrium problems in the energy sector. The transition to a sustainable energy system requires a redesign of traditional decision support to accommodate fluctuating renewable energy sources and the accompanying need for power system flexibility, e.g. through storage optimization and generation and transmission system expansion. A recent broadening of this research agenda is coordinated optimization across energy sectors, a critical element in achieving decarbonization. In combination, equilibrium modelling can appropriately account for the characteristics of liberalized markets, including misalignments of market player and social objectives, e.g. due to market imperfection. In addition to developing decision support for operation and investment, this may serve as a basis for energy policy assessment and design. The talk aims to bridge economic and technical aspects of energy modeling and optimization.

Host: Marcel Turkensteen

Organisers: Surabhi Verma and Hartanto Wong