Distinguished Research Fellows 2021: Award Ceremony Ramteen Sioshansi (Ohio State University)

July, 13th 2021, 08:00-09:00 pm CEST

Ramteen Sioshansi
Professor of Integrated Systems Engineering, Ohio State University

https://tu-dresden.zoom.us/j/87138726877?pwd=RUpsd0V1VVluM1pCYnBVblN4dzgxUT09

Professor Ramteen Sioshansi, Ohio State University

Guest at the Chair of Business Administration, esp. Energy Economics (Prof. Dr. Dominik Möst)

About Ramteen Sioshansi:

Ramteen is a professor and associate department chair of the Department of Integrated Systems Engineering and an associate fellow in Center for Automotive Research 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 works also in energy policy and electricity market design, especially as they pertain to advanced energy technologies. He served three two-year terms on Electricity Advisory Committee, a federal advisory committee to U.S. Secretary of Energy, and chaired its Energy Storage (Technologies) Subcommittee. He is an IEEE Fellow.
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About the joint research project:

The aim of this work is to understand how markets and policies should be structured to facilitate the integration of energy storage into electricity systems. Energy-storage systems are becoming more viable technical solutions to mitigating power-system issues. This includes using energy storage for asset-investment deferral, generation shifting, end-user applications, and management of renewable-energy supply. Contemporaneously, the cost and technical performance of energy storage is making the technology competitive with other “more traditional” solutions to addressing these types of power-system challenges.

Despite this growing and recognized role that energy storage can play in electricity systems, there are different visions of how to incorporate energy storage into power-system operations and planning. North American markets have evolved over time towards a paradigm that is based on tight centralized co-ordination of the system. One can contrast this design with European markets, which rely to a greater extent on decentralized decision making. It is within this context that our proposed project “lives.” The underlying and fundamental question that we will address is what mix of the prevailing market-design principles that are applied in European and North American markets can allow for the integration of energy storage into power systems most efficiently.