Energy Transition Towards Decarbonization: distributed energy resource aggregation, energy storage, and alternative energy

The global energy transition toward a carbon-neutral future relies on the large-scale integration of renewables and electrification in transportation, civil infrastructure, and industrial manufacturing sectors. This talk addresses two challenges of this transition: (i) the aggregation of small but vast distributed energy resources (e.g., rooftop solar and electric vehicles) to balance global energy demand and supply under the recent landmark ruling of Federal Energy Regulatory Agency; (ii) the integration of battery resources for reliability, resiliency, and economic efficiency of future power grids with high penetration of stochastic renewable energy and inverter-based resources. To this end, we develop novel operation and market designs that coordinate and incentivize demands and supplies for power and energy systems reliability, resiliency, and market efficiency.

Speaker: Cong Chen, Cornell University