Uncertainty of various kinds has always played a significant role in energy systems: physically there are uncertain supply and demands, possible failures can propagate in a highly unpredictable fashion, and prices in energy markets can be highly volatile (and can become negative for extended periods of time). Physical safety margins and operational plans are commonly made using robust (worst case) analysis; and strategic decisions are often chosen using the principle of minimising worst regret over scenarios.
The European Union is currently working towards its target of a 20% renewable energy system by 2020, and 97% renewable electricity by 2050. Recent research (Jacobson et al. (2015)) supports the hypothesis that 100% renewable energy systems are achievable by 2050. In order to attain such potential goals, many mathematical problems need to be solved.
The goal of this outreach day is to show a variety of particular problems in this emerging field of research to the Dutch Stochastics community. The workshop is open to other participants as well.
Registration is open to all, and possible until May 18. Participation is free, but please complete the <u>registration form for catering purposes</u>.
