Post-2025 Market Design: Storage Integration in the Grid

12/9/2020 08:00 am 12/9/2020 09:00 am Australia/Melbourne Post-2025 Market Design: Storage Integration in the Grid

The Centre for Global BusinessAustralian Energy Market Initiative (AEMI) at Monash Business School, in partnership with Australian Energy Market Operator (AEMO), Energy Security Board (ESB) and Monash Energy Institute (MEI), invites you to ‘Post-2025 Market Design: Storage Integration in the Grid’ webinar.

There is great anticipation that storage is the key to the successful transition to renewable energy. What are the economics of grid-scale energy storage? How do we design markets that integrate storage as an essential element? Please join Dr Omer Karaduman as he discusses the challenges and solutions to storage integration.

Dr Omer Karaduman

Omer Karaduman is a Postdoctoral Research Fellow at Stanford University. Before joining Stanford, Omer completed his PhD in Economics at Massachusetts Institute of Technology (MIT) in 2020 and obtained his bachelor's degree in Economics from Bilkent University in 2014. His research focuses on the transition of the energy sector towards a decarbonised and sustainable future. In his research, he utilises large datasets by using game-theoretical modelling to have practical policy suggestions. In his PhD thesis, Omer developed a framework that allows us to estimate the impact of large-scale battery and renewable investment in an imperfectly competitive electricity market. He worked on the social and private benefits of grid-scale energy storage and the need for policies that complement investments in renewables with encouraging energy storage and investigated the impact of large-scale renewable investment in the wholesale electricity market. He is currently working on using large-scale energy storage as a transmission asset, the impact of large EV uptake on the wholesale electricity market, and carbon pricing in the electricity industry.

This event will be hosted by Professor Simon Wilkie, Head of Monash Business School and moderated by Associate Professor Guillaume Roger, Centre for Global Business.

Register now

Event Details

Date:
9 December 2020 at 8:00 am – 9:00 am
Venue:
Online - Melbourne time
Categories:
Global Business

Description

The Centre for Global BusinessAustralian Energy Market Initiative (AEMI) at Monash Business School, in partnership with Australian Energy Market Operator (AEMO), Energy Security Board (ESB) and Monash Energy Institute (MEI), invites you to ‘Post-2025 Market Design: Storage Integration in the Grid’ webinar.

There is great anticipation that storage is the key to the successful transition to renewable energy. What are the economics of grid-scale energy storage? How do we design markets that integrate storage as an essential element? Please join Dr Omer Karaduman as he discusses the challenges and solutions to storage integration.

Dr Omer Karaduman

Omer Karaduman is a Postdoctoral Research Fellow at Stanford University. Before joining Stanford, Omer completed his PhD in Economics at Massachusetts Institute of Technology (MIT) in 2020 and obtained his bachelor's degree in Economics from Bilkent University in 2014. His research focuses on the transition of the energy sector towards a decarbonised and sustainable future. In his research, he utilises large datasets by using game-theoretical modelling to have practical policy suggestions. In his PhD thesis, Omer developed a framework that allows us to estimate the impact of large-scale battery and renewable investment in an imperfectly competitive electricity market. He worked on the social and private benefits of grid-scale energy storage and the need for policies that complement investments in renewables with encouraging energy storage and investigated the impact of large-scale renewable investment in the wholesale electricity market. He is currently working on using large-scale energy storage as a transmission asset, the impact of large EV uptake on the wholesale electricity market, and carbon pricing in the electricity industry.

This event will be hosted by Professor Simon Wilkie, Head of Monash Business School and moderated by Associate Professor Guillaume Roger, Centre for Global Business.

Register now