Tuesday, September 17 at 4:30pm to 5:30pm
Mohler Laboratory, 453
200 W Packer Ave., Bethlehem, PA 18015
TITLE: Can We Get Market and Regulatory Designs ‘Right’ for Energy Storage?
Energy storage is a unique power system asset, in that it can provide services that are functionally similar to those provided by generation, transmission, and distribution assets and act as a load. Most of our market designs and regulatory constructs assume that assets primarily fall into one of these categories. This talk will introduce the challenges that are raised by this dichotomy between the capabilities of energy storage and the regulatory and market treatment of power system assets. It will discuss also the potential use of storage-capacity rights as a way of overcoming these challenges.
Ramteen Sioshansi is a professor in and associate department chair of the Department of Integrated Systems Engineering, an associate fellow in the Center for Automotive Research, and a faculty affiliate member of the Center for Energy Research, Training, and Innovation at The Ohio State University. His research focuses on the integration of advanced energy technologies, including renewables, energy storage, and electric transportation, into energy systems. He also works in energy policy and electricity market design, especially as they pertain to advanced energy technologies. Currently he is serving a third two-year term on the Electricity Advisory Committee of the U.S. Department of Energy and is chair of its Energy Storage Subcommittee.