PhD Position on Resilient Consumer-Centric Electricity Market Design Under Deep Decarbonization
Delft University of Technology
Job description
The 2022 energy crisis in Europe painfully illustrated that current electricity markets leave consumers exposed to extreme price risks. Even in a future electricity system free of fossil fuels, prolonged periods without wind and sun may lead to extreme electricity prices, which consumers are unable to hedge in current retail electricity markets. At the same time, capturing the value of consumer flexibility typically requires exposing them to short-term, volatile price signals, further contributing to their risk exposure.
In this PhD, we focus on a key challenge in the design of consumer-centric electricity markets: how do we allow consumers to hedge their long-term price risk, while providing sufficient incentives for operational efficiency and investments through real-time electricity price signals?To address this question, you will develop state-of-the-art equilibrium models to capture market clearing and price formation processes, market distortions and policy interventions, as well as consumer behavior. The focus will be on consumer attitudes, preferences and potential bounded rationality, as well as institutional arrangements that influence consumers’ decision making. You will advance state-of-the-art market design concepts, such as capacity subscriptions and affordability options, tailored to the needs of small-scale consumers.This PhD position is one of 15 positions funded under the MSCA Doctoral Network (DN) Consumer Energy Demand Flexibility in Electricity Use (CoDEF). Your daily supervisor and co-promotor will be , and your promotor will be . You will join a lively community of internationally renowned interdisciplinary energy researchers in the Department of at TU Delft. You’ll get the opportunity to connect to the various labs in our , such as the Energy Transition Lab, and cross-faculty institutes such as . Our hosts a diverse group of people from different countries and disciplines, and we welcome candidates that contribute to and enjoy this diversity. For more information about the research and similar projects, please see: .We foresee two secondments during this PhD trajectory: one at Copenhagen Business School (DK, Jens Weibezahn & Tooraj Jamash) and one at EMPA (CH, Binod Koirala). In addition, this doctoral network foresees extensive training in research and transferable skills, centered around annual workshops in Dublin (IE), Dübendorf (CH), Copenhagen (DK) and Bochum (DE).Requirements
You must be able to demonstrate:
Bonus points if you have:
Doing a PhD at TU Delft requires English proficiency at a certain level to ensure that the candidate is able to communicate and interact well, participate in English-taught Doctoral Education courses, and write scientific articles and a final thesis. For more details please check the .TU Delft (Delft University of Technology)
Delft University of Technology is built on strong foundations. As creators of the world-famous Dutch waterworks and pioneers in biotech, TU Delft is a top international university combining science, engineering and design. It delivers world class results in education, research and innovation to address challenges in the areas of energy, climate, mobility, health and digital society. For generations, our engineers have proven to be entrepreneurial problem-solvers, both in business and in a social context.At TU Delft we embrace diversity as one of our core and we actively to be a university where you feel at home and can flourish. We value different perspectives and qualities. We believe this makes our work more innovative, the TU Delft community more vibrant and the world more just. Together, we imagine, invent and create solutions using technology to have a positive impact on a global scale. That is why we invite you to apply. Your application will receive fair consideration.
Please do not attach any other documents to your application than those requested above. These documents will not be considered in the application procedure.
For more information about this vacancy or the application procedure, please contact Kenneth Bruninx: . No applications by email.
€2770 per month
Delft, Zuid-Holland
Wed, 13 Nov 2024 23:25:32 GMT
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