AI-based electricity markets
Abstract
Current electricity markets were designed at a time when power and energy systems were fundamentally different. With the current energy transition, and the digitalisation of energy systems, we will take the opportunity to completely rethink electricity markets by placing AI at the core of these markets. We will then challenge the current wholesale-retail structure, while also allowing for completely new market structures (community-based, peer-to-peer, etc.) and novel business models. We will use AI to design and implement truly people-centric electricity markets, by better accommodating consumer preferences and fairness principles.
How to Apply
Please contact Prof. Pierre Pinson if you are interested in applying for this project.
For more information on submitting a PhD application, please consult our application pages here. When you submit your application, please cite this project title in the 'how you are planning to fund your PhD' section.
Contact us
Dyson School of Design Engineering
Imperial College London
25 Exhibition Road
South Kensington
London
SW7 2DB
design.engineering@imperial.ac.uk
Tel: +44 (0) 20 7594 8888