Quantifying the Value of Long Duration Storage in Future Energy Markets

With increased penetration of intermittent renewables, i.e. solar and wind generation, there is an increased need for the deployment of energy storage technologies alongside other clean energy technologies. In order to maintain the security of the UK’s power system, where new energy resources are placed will play an important role in future planning. The purpose of this project is to understand the dynamics of the different energy markets in the UK, and how these might be designed or policies implemented in order to encourage the deployment of these vital technologies. 

This project will use agent-based modelling to simulate various market behaviours in a range of future energy scenarios to understand their interactions. These models will be used to assess the impact of policy decisions on future deployment of Long Duration Energy Storage and the requirements for other dispatchable power generation, e.g. biomass, gas or hydrogen, with the aim of understanding the incentives for investment into these technologies and necessary evolution of market design.

You will join the Brown Group within the Department of Chemical and Biological Engineering at the University of Sheffield. You will benefit from the world class expertise of the research group and interaction with several related research programs. The project is part of a larger collaboration involving industry partners that you will have the opportunity to collaborate with.

Please see this link for information on how to apply: https://www.sheffield.ac.uk/cbe/postgraduate/phd/how-apply. Please include the name of your proposed supervisor and the title of the PhD project within your application.

The candidate will require a good first degree in Engineering, Mathematics or similar discipline.