Dalia Patiño-Echeverri, PhD, Gendell Family Associate Professor of Energy Systems and Public Policy at the Nicholas School of the Environment at Duke University, will present the EEEP Seminar Series, “GRACE: A Grid that is Risk Aware for Clean Electricity” on April 5, 2023.
Abstract: With funding from ARPA-E’s PERFORM program, the GRACE team is developing a new Energy Management System that effectively considers risk in decisions affecting electric power plant operations. In this talk Dr. Patiño-Echeverri will report on our efforts for a) characterizing the uncertainty on key variables that affect the power system’s performance, b) calibrating a risk-adjusted stochastic unit commitment (RAS-UC) model, c) developing an approach that integrates RAS-UC solutions in electric utility companies daily practices.
Speaker Bio: Dalia Patiño-Echeverri is the Gendell Family Associate Professor of Energy Systems and Public Policy at the Nicholas School of the Environment at Duke University. She explores, assesses, and proposes technological, policy, and market approaches to pursue environmental sustainability, affordability, reliability, and resiliency in the energy sector. Most of her work focuses on the decisions that regulators and private actors must make regarding capital investment and operations in the electricity industry and quantifying the value of flexibility in multiple dimensions. Her work uses operations research tools to account for path dependencies, uncertainty, and risk tradeoffs, which are ubiquitous in the energy system. She is the PI of the ARPA-E-funded GRACE project, developing a novel Energy Management System (EMS) that will improve short-term electric power systems operations by estimating and considering the risk posed by different grid assets. Dalia has a bachelor’s and master’s degrees in industrial engineering from the University of the Andes, Colombia, and a Ph.D. in Engineering and Public Policy from Carnegie Mellon University.