Home

The Pennsylvania State University is recruiting a highly motivated postdoctoral scholar for the project “Capacity Adequacy Options for Electricity Markets with Increasing Renewable Penetration”, which was funded by the National Science Foundation and is led by Prof. Chiara Lo Prete. Description The objective of the project is to compare wholesale electricity market designs for resource adequacy under increasing renewable penetration. The position will involve developing stochastic equilibrium models that incorporate risk aversion and extreme events into generation capacity investment decisions. A distinctive feature of the project is that predictions from the equilibrium models will inform the design of human subject experiments to compare performance of m