ARMINES - Association for Research and Development of Industrial Methods and Processes
Ile-de-France (FR1) · France
ERC Starting Grant · 2024
Crisis-Resilient Price Discovery in Decarbonized Power Systems
Can we turn the Energy Crisis into an opportunity that advances the clean energy transition? Yes, we can, and we pave the path leading to just and equitable decarbonization. Debates that followed extreme events in Europe and the US pointed to a “wind of change” for the power market design and the price discovery process. Operators are put in the corner, inheriting market schedules that they more and more amend using their judgement, whereas they are also accountable for their out-of-market decisions. The process is inherently sub-optimal and costly! Extreme events may turn annual market revenues into daily energy costs! I will explore innovative ideas in Generalized Linear Programming and…
From the public funding record at EU CORDIS. Describes the funded project, not the reviews below.
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