Essays in Energy and Innovation
- Author(s): Mnyshenko, Oleksiy Viktorovych
- et al.
This dissertation consists of three chapters. Chapter 1 is my joint work with Professor Vish Krishnan and Professor Hyoduk Shin on Product Innovation Investments and Supply Chain Contract Leadership for Broader Market Coverage. Chapters 2 and 3 are my joint work with Professor Graham Elliott on electricity price forecasts for energy storage valuation and dispatch. Chapter 2 performs a detailed comparison of predictive accuracy of various price forecasting methods using theoretical loss functions as well revenues from energy storage participation in energy time-shift in a day-ahead energy market. Chapter 3 relies on best performing price forecasting methods identified in Chapter 2 to perform valuation of energy storage used for individual and "stacked" applications across different pricing locations within deregulated electricity market operated by California Independent System Operator (CAISO)