Collaborative Research: AMPS: Optimal Design and Implementation of Capacity Markets under — NSF Award to Johns Hopkins University
This project addresses the critical issue of determining the best way to incentivize electricity producers to build sufficient power plant capacity to keep the electrical grid resilient, reliable and sustainable, all this while satisfying consumers. The goal is to provide regulators with tools to promote beneficial por
| Award title | Collaborative Research: AMPS: Optimal Design and Implementation of Capacity Markets under |
|---|---|
| Award ID | 2420975 |
| Awardee | Johns Hopkins University |
| City | BALTIMORE |
| State | MD |
| Amount obligated | $83,522 |
| Principal investigator | Benjamin Hobbs |
| Program | AMPS-Algorithms for Modern Pow |
| Start date | 05/01/2025 |
| Abstract | This project addresses the critical issue of determining the best way to incentivize electricity producers to build sufficient power plant capacity to keep the electrical grid resilient, reliable and sustainable, all this while satisfying consumers. The goal is to provide regulators with tools to promote beneficial portfolios of battery storage and electricity production technologies, while also accounting for risks, transmission limitations and unpredictable events. Other outcomes of this proje |
| Source | NSF Awards |
$799/mo
Try NSFGrants →