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TUM Center of Energy Markets and MIT CEEPR hosting full-day symposium for leading experts in energy storage systems

The symposium provided the invited experts a fantastic platform to connect and discuss ideas. Especially, the transatlantic exchange of perspectives was greatly appreciated. The lively discussion highlighted the amount of remaining potential and unsolved challenges.

The symposium was organized by Gunther Glenk, Ph.D. Candiate at the Center of Energy Markets (CEM) at TUM School of Management where he is researching on the value of energy storage and its market design, and Michael Mehling, Executive Director of MIT (Massachusetts Institute of Technology) Center for Energy and Environmental Policy Research (CEEPR). It was sponsored by the Transatlantic Climate Bridge, an initiative by the German Federal Foreign Office.

David Wozabal, Professor at the Center for Energy Markets at TUM School of Management, lead the session on the economics of energy storage at the world-renowned MIT in Cambridge, USA by presenting his recent research on the volatility of energy prices and vehicle-to-grid applications.

Energy storage is an essential enabler of the transition to low-carbon energy systems by securing a stable and reliable power supply. With an evolving technology horizon, the value of different storage technologies remains unclear, as do suitable market and policy frameworks to promote their efficient deployment. Therefore, the Technical University of Munich (TUM) Center for Energy Markets (CEM) and the Massachusetts Institute of Technology (MIT) Center for Energy and Environmental Policy Research (CEEPR) convened an expert group of researchers, policy makers and industry leaders for a full-day symposium on the role of energy storage and its technology, policy and business implications at MIT in Cambridge, USA on October 21, 2016.

The post TUM Center of Energy Markets and MIT CEEPR hosting full-day symposium for leading experts in energy storage systems appeared first on Technical University of Munich – School of Management.

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