Renewable Energy and Uncertainty in Electricity Markets
Channel: auacse
Date: 2013-08-02

Renewable Energy and Uncertainty in Electricity Markets
The seminar will explore the best optimization techniques for decision making under uncertainty tailored specifically for the British electricity market with a large amount of renewable electricity sources. The aim of the seminar is to give some understanding of energy policy, models of investment and policy implications of firms' collective behavior in the electricity market. Additionally, short-term and long-term investment models and models for energy systems will be discussed.

About the speaker: Vitali Avagyan (IESM, College of Science and Engineering, AUA, 2012) is currently doing his PhD studies at Imperial College London's  Business School and Department of Computing. His research is on optimization of investment decision making for an energy portfolio with a large amount of offshore wind. His studies in the UK is being supported in part the Luys Foundation. Born in Etchmiadzin, Armenia in 1987, he has studied at the Nersisyan Lyceum. After school years he studied Mathematical Economics and Operations Research at Armenian State University of Economics (ASUE). During his undergraduate studies he worked as an economist at the Socio-Economic Development Department of the Technology Management Center of Yerevan City (TMCYC). He has also worked as a financial analyst-valuator at AMF Consulting engaged in valuation, financial modeling, risk management, and market research.