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Free event on Wednesday 21 March 2018 in Wellington

One of our members has passed us some information about 2 back-to-back energy-related events hosted by the School of Management at Victoria University and supported by ORSNZ through its Energy and Natural Resources Special Interest Group (ENR SIG) and industry sponsors. Click here for more information and RSVP details (by Friday 16 March).

Video: Powering New Zealand Episode 1: The Powerboard of Fame
Stephen Batstone and David Reeve have worked together in the arcane end of the electricity industry for many years, but recently became inspired by the stories of the individuals who made our amazing electricity system the way it is today.  They have released the first episode of their documentary series “Powering New Zealand”, which chronicles the start of electricity in New Zealand, and the world-leading feats achieved by a small group of determined individuals in the South Island.  Stephen and David will show this 23-minute episode, interspersed with their stories of what drove them to undertake this project, what happened during filming, and what’s coming up in future episodes.

And if you are passionate about Market Design and Operations Research, you can also attend the seminar leading to the screening:

Seminar: Optimization, equilibria, energy and risk
Power grids across the world have become dependent on markets that aim to efficiently match supply with demand at all times via a variety of pricing and auction mechanisms, using models that capture interactions between producers, transmission and consumers. A dynamic equilibrium aims to determine prices and dispatches that can be transmitted over the electricity grid to satisfy evolving consumer requirements for energy at different locations and times. Computation allows large scale practical implementations of socially optimal models to be solved as part of the market operation, and regulations can be imposed that aim to ensure competitive behaviour of market participants.
Questions discussed in this presentation include the impacts of wind, solar and hydro, and battery storage; how to guarantee operation when failures occur; how do we guarantee appropriate participant behaviour; and how do we ensure enough transmission (and generator) capacity in the long term, and how do we recover the costs of this enhanced infrastructure?
Till next time,
Young Energy Professional Network
Copyright © 2018 Young Energy Professionals, All rights reserved.


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