My research combines power systems engineering, finance & economics, risk management, hydrology and environmental science. I am interested in some of the big changes occurring in the energy industry:
- Market deregulation
- Integration of renewable energy
- Horizontal hydraulic fracturing (fracking)
- Tougher plant emissions standards
- Changes in the hydrological cycle
- Increased use of distributed resources
- Alternative transportation
I study how these changes alter power system operations and the financial outlook of electric utilities. I also look at how they ultimately have cascading, dynamic impacts on water resources and the environment.
I also study environmental financial risk management, i.e., the use of risk transfer agreements like insurance or derivatives to limit entities’ exposure to damaging weather or climate events. My research focuses on the financial exposure of electric power utilities to drought and the design of cost-effective mechanisms for hedging against this risk.
I’m also interested in engineering, policy, and economic challenges surrounding disruptive technology in the electric power industry, especially distributed generation and storage technologies.
Please feel free to navigate through the menu topics to learn more about different projects I have finished or am currently working on.