Two-Stage Monte Carlo Simulation to Forecast Levelized Cost of Electricity for Wave Energy
Rachael Green is currently an undergraduate senior at the University of California, Berkeley. She is majoring in Environmental Economics and Policy in the College of Natural Resources with a minor in History from the College of Letters and Science. She has worked as an undergraduate researcher in the collaborative effort between the Renewable and Appropriate Energy Laboratory and CalWave Power Technologies, Inc. Despite wave energy’s vast global potential, there has been relatively little commercial deployment to date. This has been partially attributed to the large uncertainty in both the current estimated and future expected electricity generation costs associated with wave technologies. Her presentation quantifies the uncertainty of the forecasted levelized cost of electricity (LCOE) for wave energy as it relates to United States and European Union energy targets. Next month she will present this work at the International Conference on Renewable Energy Research and Applications. After graduating, Rachael hopes to continue working in the renewable energy field.
Rong HAN (Ph.D Candidate in Beijing Institute of Technology, Visiting Scholar in Berkeley Energy and Climate Institute).
Research progress of IAMs Downscaling model, Evaluation model and Land use model
Rong HAN is currently a third year PhD Candidate in Center for Energy & Environmental Policy Research, Beijing Institute of Technology. She came to Berkeley’s Energy and Climate Institute as visiting scholar for one year. During the process of PhD student, her research mainly focus on assessment of global climate policy, China’s carbon emission trading market and carbon finance. These researches have published on Journal of Cleaner Production, Natural Hazards, and Energy Policy.
Climate change is a complex and comprehensive process, which can only be understood on the basis of the combined insights from various scientific disciplines. In recent years the need for integration of information among ‘earth system’ (ES), ‘vulnerability, impact, and adaptation assessment’ (VIA), and ‘integrated assessment’ (IA) communities has become stronger. The IAM (integrated assessment models) model is designed to couple of ES and IA models to account of the possible feedbacks between human systems and the earth system on the global scale. Her presentation will be focus on the recent research progress of IMA downscaling model, evaluation model and land use model.