Lecture: Wind and energy markets
| Date/Time: | Monday, 16 Nov 2009 from 1:00 pm to 2:00 pm |
|---|---|
| Location: | Auditorium, Howe Hall |
| Cost: | free |
| Phone: | 515-294-2664 |
| Channel: | College of Engineering |
| Categories: | Lectures Live Green |
| Actions: | Download iCal/vCal | Email Reminder |
Abstract: Many jurisdictions worldwide are greatly increasing the amount of wind production they use, with the expectation that increasing renewables will reduce greenhouse emissions. In this lecture, I will discuss the interaction of increasing wind, transmission constraints, renewable credits, wind and demand correlation, intermittency, and electricity market prices using the particular example of the Electric Reliability Council of Texas (ERCOT) market.
Speaker biography: Ross Baldick is a professor of electrical and computer engineering at the University of Texas at Austin. He received his B.Sc. and B.E. degrees from the University of Sydney, Australia, and his master's degree and PhD from the University of California, Berkeley. From 1991 to 1992 he was a postdoctoral fellow at the Lawrence Berkeley Laboratory. In 1992 and 1993 he was an assistant professor at Worcester Polytechnic Institute. Baldick has published more than 40 refereed journal articles and has research interests in a number of areas in electric power. His current research involves optimization and economic theory applied to electric power system operations, the public policy and technical issues associated with electric transmission under deregulation, and the robustness of the electricity system to terrorist interdiction. He recently completed a textbook based on a graduate class, "Optimization of Engineering Systems," that he teaches at the University of Texas. He also teaches a three-day short-course "Introduction to Electric Power for Legal, Accounting, and Regulatory Professionals" and a one-day short-course "Locational Marginal Pricing" for nontechnical professionals in the electricity industry. He is an editor of IEEE Transactions on Power Systems and the chairman of the System Economics Sub-Committee of the IEEE Power Engineering Society Power Systems Analysis, Computation, and Economics Committee. Baldick is a Fellow of IEEE.