Master Thesis / Internship (Financial Transmission Right in Distribution Grids)
Electrification Suite & Test Lab
6 December 2019
Open until filled
Fixed Term (6 months)
Project Title: Financial Transmission Right in Distribution Grids
About TUMCREATE TUMCREATE is a research platform for the improvement of Singapore's public transportation, including the deployment of electric and autonomous mobility. Researchers from Technical University Munich and Nanyang Technological University join forces and are funded by Singapore’s National Research Foundation as part of the Campus for Research Excellence and Technological Enterprise (CREATE).
In TUMCREATE, over 100 scientists, researchers and engineers work together, led by Professors from the Technical University of Munich and Nanyang Technological University. The Mission of TUMCREATE is to seek the ultimate public transport system for the people of Singapore. Our innovative road transport solutions will provide high comfort and a positive travel experience, best protection of the environment and maximum benefit to the society and the economy.
The research group Electrification Suite & Test Lab (ESTL) in TUMCREATE puts an emphasis on the interaction of the electricity grid with advanced electrified public transport systems for Singapore. Ranging from charging infrastructure optimisation to demand side management and integration of renewable energies, ESTL covers many hierarchy levels of the electrification concept in the context of the major goals of TUMCREATE.
Market frameworks like the peer-to-peer (P2P) energy exchange enables bilateral transaction between prosumers in the low-voltage distribution grids. In relevance to this, despite its appealing prospective in enabling a consumer-centric market, grid constraint violation is the major challenge for P2P energy sharing. To mitigate the grid-constraint-violation issue, a grid usage pricing (GUP) scheme can be developed to incentivize “grid-friendly” behaviour. However, real-time pricing scheme generally faces challenges in the implementation due to its price volatility. To this end, financial transmission right will be investigated for the distribution grid context that allows a stable market outcome in this thesis.
What we expect from you
Good knowledge of Electric Power Flow Modelling / Distribution Grids
Interest in Numerical Optimization
Excellent interpersonal skills and communication skills in both written and spoken English and ability to work with people from different backgrounds and cultures
What we offer you
Exposure to the state-of-the-art research topics
An international and multidisciplinary working environment
Guidance by researchers from world-renowned universities
Opportunity for publishing in international journals and conferences
Multicultural and dynamic working atmosphere
Enquiries and How to Apply
Please send your complete application including cover letter, CV, university transcripts and degree certificates to firstname.lastname@example.org.