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Wind and solar firm supply in capacity mechanisms

Non-conventional renewable energy technologies are already a key element in the expansion of many power systems. These resources, whose deployment was fostered through different types of support mechanisms in the last decades, must now be integrated as much as possible in all the segments of the electricity market. Where capacity mechanisms are in place, renewable technologies should be involved in these mechanisms in the same way as any other technology. Renewables would thus not only be able to receive a capacity remuneration, but would also be subject to the commitments that a capacity contract entails. A key and challenging design feature to allow this participation is the evaluation of the expected contribution to reliability from renewable technologies (the so-called firm capacity). Defining such value will severely condition the incentives provided by the capacity mechanism. In this context, it turns out to be essential to properly define this firm capacity value, as well as anticipating the risk associated to underestimating or overestimating such contribution of these resources to reliability. The research will be focused on developing analytic models that can help at shedding some light in this complex and timely issue.

Requirements: Master engineering degree. Candidates should have the academic requirements to join the PhD program in Universidad Pontificia Comillas (Madrid). Good English level (understanding, writing and speaking). Knowledge on power systems operation and power systems regulation, programming skills in both GAMS and Matlab.

Documents: Curriculum vitae, academic record, cover letter and two recommendation letters.