Energy Storage Economics and Policy and Market Interactions

Speaker(s): 
Date: 
November 19, 2012 - 4:00pm
Location: 
90-3122
Seminar Host/Point of Contact: 

Lower costs, improved technology, and the advent of transparent energy markets have spurred an energy storage renaissance. Despite this, a number of policy, market, and economic analysis issues remain as roadblocks to widespread storage adoption. In this talk I survey the benefits and potential uses of energy storage, as well as policy and market design barriers to storage investment. I also introduce a stochastic dynamic programming (SDP) model that can co-optimize the use of storage for multiple competing applications and an approximation algorithm to derive near-optimal solutions to the SDP. Using a case study based on the central-Ohio region, I demonstrate the use of the SDP model and solution method.   A recording of this talk should be available soon at:  http://youtu.be/hhVx-EkGLoM

Add event to Google Calendar

Announcement List

For notification about future seminars, contact J.M. Lambert.

Site Access

Schedule subject to change without notice. If you are coming from off-site, please call first to verify. UC staff and guests are welcome. LBNL shuttle buses stop every few minutes at marked sidewalk locations along Bancroft and Hearst Avenues and Rockridge.