Science Figured Out: Minimizing the impact of uncertainty in the electricity market
Science Figured Out lures young scientists out of their familiar lab or office and places them in front of a camera with a clear assignment: tell the general public about your research in a clear 3-minute pitch!
Several researchers connected to EnergyVille also took part.
Did you know that the electricity generated today was traded yesterday by producers and retailers in the ‘day-ahead’ electricity market? But what happens if we expect a windy day tomorrow but end up having much less wind, and thus less wind power, than anticipated?
To help the ‘day-ahead’ electricity market deal with this uncertainty in renewable energy sources, Lina Silva-Rodriguez (VITO – Utrecht University – Energyville) is using mathematical programming. Watch her explain how that works.