Managing the risk of price spikes, dependences and contagion effects in australian electricity markets. Australian electricity markets are more volatile and spike-prone than other comparable markets. Price spikes account for large parts of total price variation, and companies that are unprepared to manage these risks adequately face potentially substantial losses. The economic reality of price spikes in our interconnected electricity markets which are small and geographically isolated, unlike th ....Managing the risk of price spikes, dependences and contagion effects in australian electricity markets. Australian electricity markets are more volatile and spike-prone than other comparable markets. Price spikes account for large parts of total price variation, and companies that are unprepared to manage these risks adequately face potentially substantial losses. The economic reality of price spikes in our interconnected electricity markets which are small and geographically isolated, unlike the proximate markets of Europe and North America, emphasises the imperative of this Australian-focused research. Results will enable forecasting of extreme prices and enable market participants to manage better their risks, in Australia's unique electricity environment, and reduce chances of large losses or default.Read moreRead less
Hot-swappable and High-efficient Grid-connected Power Electronics System For Photovoltaic Modules with Direct Power Transfer Technique. The project aims to increase the amount of available energy intake from photovoltaic panels, lengthen lifetime of power DC/AC inverter, reduce the amount of energy waste due to inefficient inverter by introducing new switching power converters with direct power transfer technique - bypassing part of the input power without repeatedly processing it, and using lon ....Hot-swappable and High-efficient Grid-connected Power Electronics System For Photovoltaic Modules with Direct Power Transfer Technique. The project aims to increase the amount of available energy intake from photovoltaic panels, lengthen lifetime of power DC/AC inverter, reduce the amount of energy waste due to inefficient inverter by introducing new switching power converters with direct power transfer technique - bypassing part of the input power without repeatedly processing it, and using long-life ceramic type capacitors. Development of this technology will mean reduced total cost, improved product lifetime and reduced global warming. It will lead to a reliable product that will help to put the Australian switching power converter industry into a leading position internationally in the design and manufacture of DC/AC inverters.Read moreRead less
Theoretical study and experimental verification of low cost, integrated and efficient AC/DC power supplies using time-multiplexing control. The project aims to reduce the amount of energy waste and cost due to inefficient AC/DC power supplies by introducing a novel power supply technique - combining conventional two-stage power circuits and using time-multiplexing control. Improvements in power supply efficiency and size will mean reduced total cost, improved product lifetime and reduced heating ....Theoretical study and experimental verification of low cost, integrated and efficient AC/DC power supplies using time-multiplexing control. The project aims to reduce the amount of energy waste and cost due to inefficient AC/DC power supplies by introducing a novel power supply technique - combining conventional two-stage power circuits and using time-multiplexing control. Improvements in power supply efficiency and size will mean reduced total cost, improved product lifetime and reduced heating up of the environment, leading to a reliable product that is particularly relevant to the Australian switching power supply industry. The development of this technology will help to put Australia into a leading position internationally in the design and manufacturing of AC/DC power supply.Read moreRead less
Climate change and energy policy: elements of a robust policy mix. The national benefits of the project lie directly in assisting Australia achieve significant emissions reductions (at least 60% by 2050) as part of the global effort to avoid dangerous climate change. This needs to be done in an effective, efficient and equitable manner that takes into account other national policy goals including those of the energy sector. There are clear benefits in developing a framework that can assist in cr ....Climate change and energy policy: elements of a robust policy mix. The national benefits of the project lie directly in assisting Australia achieve significant emissions reductions (at least 60% by 2050) as part of the global effort to avoid dangerous climate change. This needs to be done in an effective, efficient and equitable manner that takes into account other national policy goals including those of the energy sector. There are clear benefits in developing a framework that can assist in creating a policy mix that explicitly deals with the complementarities and trade-offs that arise in the interaction of the various policy instruments employed to achieve these multiple goals.Read moreRead less
Directed assembly and photoelectric properties of core-shell nanowire networks of PbSe-TiO2 heterostructures for high efficiency low-cost solar cells. The proposed program is aimed at studying numerous fundamental properties and phenomena of photoelectrochemical cells that have an important impact on environmentally friendly solutions to energy problems. Specifically, solar cells have a significant role in energy markets and in lessening CO2 emissions and other environmental impacts. Solar cell ....Directed assembly and photoelectric properties of core-shell nanowire networks of PbSe-TiO2 heterostructures for high efficiency low-cost solar cells. The proposed program is aimed at studying numerous fundamental properties and phenomena of photoelectrochemical cells that have an important impact on environmentally friendly solutions to energy problems. Specifically, solar cells have a significant role in energy markets and in lessening CO2 emissions and other environmental impacts. Solar cell technology, coupled with renewable energy sources, has the potential to provide a long-term solution to the energy crisis and the global warming threat. In addition, the strong team to be assembled will reach a leading position in this area of cutting edge technology. The outcomes will benefit Australian industries.Read moreRead less
Stimulating light scattering in periodic structures: How slow can it go? Proof-of-concept experiments have already proven that it is possible to reduce and control the speed of light within the laboratory. This fundamental change in our understanding of light properties generated a frenzy of scientific interest and we now have a basic understanding of the physical processes involved in slowing light. What we do not have, however, is a method of doing so that can be harnessed into useful applic ....Stimulating light scattering in periodic structures: How slow can it go? Proof-of-concept experiments have already proven that it is possible to reduce and control the speed of light within the laboratory. This fundamental change in our understanding of light properties generated a frenzy of scientific interest and we now have a basic understanding of the physical processes involved in slowing light. What we do not have, however, is a method of doing so that can be harnessed into useful applications outside of the lab. Our proposed approach offers a low power solution that can be readily incorporated into a myriad of engineered devices.Read moreRead less
Optimising Control of Hydroelectric Turbines Subject to Basslink Instability. With the introduction of Basslink, an underwater DC power cable across the Bass Strait, Tasmania will be connected to the national Electricity Market. Basslink will also provide an opportunity to utilise the significant water energy potential found throughout Tasmania. This project will examine the impact and disturbances due to the connection of Basslink with Tasmanian hydro power systems and develop control strategi ....Optimising Control of Hydroelectric Turbines Subject to Basslink Instability. With the introduction of Basslink, an underwater DC power cable across the Bass Strait, Tasmania will be connected to the national Electricity Market. Basslink will also provide an opportunity to utilise the significant water energy potential found throughout Tasmania. This project will examine the impact and disturbances due to the connection of Basslink with Tasmanian hydro power systems and develop control strategies for effective operation and control of hydro turbines with Basslink. Particular attention will be paid to the quality and reliability of electricity supply in Tasmania.Read moreRead less
Understanding the interactions between emissions trading and wholesale electricity markets. Australia faces some critical decisions with regard to its commitment to reducing emissions of greenhouse gases. There are a variety of emissions-related trading schemes that operate at a State level, and there are now proposals to introduce a National scheme. This research will help in the design of an emissions trading scheme through the use of sophisticated models of the behaviour of individual generat ....Understanding the interactions between emissions trading and wholesale electricity markets. Australia faces some critical decisions with regard to its commitment to reducing emissions of greenhouse gases. There are a variety of emissions-related trading schemes that operate at a State level, and there are now proposals to introduce a National scheme. This research will help in the design of an emissions trading scheme through the use of sophisticated models of the behaviour of individual generation companies operating in a complex market situation. Also this project will build the skill base of Australia in an area of increasing importance where a multi-disciplinary focus is critical.Read moreRead less
Constrained and Stable Solutions of Nonlinear and Semismooth Equations. In this project, comprehensive models for designing safe power system parameters will be proposed, efficient algorthms for solving these models will be constructed. The new models and algorithms in this project will provide efficient tools to prevent catastrophic events in power systems, which is related with national security. This project will also strengthen collaboration of Australian applied
mathematians with inter ....Constrained and Stable Solutions of Nonlinear and Semismooth Equations. In this project, comprehensive models for designing safe power system parameters will be proposed, efficient algorthms for solving these models will be constructed. The new models and algorithms in this project will provide efficient tools to prevent catastrophic events in power systems, which is related with national security. This project will also strengthen collaboration of Australian applied
mathematians with international researchers and engineering scientists. This is important for the advance of science and technology in
Australia.Read moreRead less