BEGIN:VCALENDAR VERSION:2.0 PRODID:IEEE vTools.Events//EN CALSCALE:GREGORIAN BEGIN:VTIMEZONE TZID:America/Los_Angeles BEGIN:DAYLIGHT DTSTART:20230312T030000 TZOFFSETFROM:-0800 TZOFFSETTO:-0700 RRULE:FREQ=YEARLY;BYDAY=2SU;BYMONTH=3 TZNAME:PDT END:DAYLIGHT BEGIN:STANDARD DTSTART:20221106T010000 TZOFFSETFROM:-0700 TZOFFSETTO:-0800 RRULE:FREQ=YEARLY;BYDAY=1SU;BYMONTH=11 TZNAME:PST END:STANDARD END:VTIMEZONE BEGIN:VEVENT DTSTAMP:20230310T044852Z UID:798D39BD-8AA7-479C-A2DA-8D83C3039D6C DTSTART;TZID=America/Los_Angeles:20230308T180000 DTEND;TZID=America/Los_Angeles:20230308T193500 DESCRIPTION:Industry Speakers Series\n\nControls\, Robotics and Cybernetics Joint Chapter of IEEE Vancouver Section\n\nTitle: A Data-Driven Approach for Value Analysis of Emerging Grid-Scale Storage Technologies\n\nSpeaker: Dr. Kourosh Malek\, Division Head\, Forschungszentrum Jülich GmbH\, Inst itute for Energy and Climate Research (IEK-13)\, Division AI and Data Anal ytics\, IEK-13\, 52428 Jülich\, Germany\n\nDate & Time: March 8th\, 2023\ , Wednesday at 6pm PST\n\nPlace: An On-Line Event\n\nAbstract: As versatil e technological solutions\, energy storage technologies provide valuable s tability and flexibility to the grid by increasing the utilization of rene wable-based electricity assets. Storage technologies have their capabiliti es to control grid power intermittency or power quality services in genera tion\, transmission\, and distribution\, as well as in end-user consumptio n side. When combined with sophisticated and reliable business models\, gr id-scale storage technologies can contribute significantly to enhance asse t utilization rate and reliability of the power systems. The latter is par ticularly critical for deployment of regional and national energy policies of implementing renewable sources. There are significant benefits that gr id-scale storage technologies offer to renewable sources of electricity\, however\, there is a lack of appropriate valuation frameworks to quantify their benefits from planning\, installation\, demonstration\, and full com mercial operation.\n\nBuilding upon advanced valuation models and an innov ative typology of business models for adopting grid-scale storage technolo gies\, we demonstrate a cost-benefit analysis tool to evaluate cost-effect iveness of energy storage technologies under various business models. Spec ifically\, we assess the value of storage technologies for a range of grid services in different market structures. This data-driven valuation model clearly identifies monetization and cost-benefit ratios of relevant grid services\, where various business models (utility-side\, service contracte d and Independent Power Producer models) are examined in detail.\n\nSpeake r(s): Dr. Kourosh Malek \, \n\nAgenda: \nDear Friends\,\n\nPlease Join us for this exciting Industry Speaker Series Event.\n\n6:00PM-6:10PM\n\nGathe ring and Introduction\n\n6:10PM-7:00PM Talk\n\n7:00PM-7:30PM Q&A and Discu ssion\n\nControls\, Robotics and Cybernetics Joint Chapter of IEEE Vancouv er Section\n\nJoin Zoom Meeting\nhttps://ubc.zoom.us/j/66351711948?pwd=TzN ZNjU1YW5Bd1lleHRreUJrUDVQQT09\n\nMeeting ID: 663 5171 1948\nPasscode: 5259 10\n\nOne tap mobile\n+17789072071\,\,66351711948#\,\,\,\,\,\,0#\,\,525910 #\n\nDial by your location\n+1 778 907 2071 (Vancouver)\n+1 647 374 4685 ( Toronto)\n+1 647 375 2970 (Toronto)\n+1 647 375 2971 (Toronto)\n+1 204 272 7920 (Manitoba)\n+1 438 809 7799 (Montreal)\n+1 587 328 1099 (Alberta)\n+ 1 613 209 3054 (Ottawa)\n\nMeeting ID: 663 5171 1948\nPasscode: 525910\n\n Join from a videoconferencing system\nIP: 65.39.152.160\nMeeting ID: 663 5 171 1948\nPasscode: 525910\n\nSIP: 66351711948@vn.zmca.us\nPasscode: 52591 0\n\nVirtual: https://events.vtools.ieee.org/m/348445 LOCATION:Virtual: https://events.vtools.ieee.org/m/348445 ORGANIZER:kdejan@shaw.ca SEQUENCE:24 SUMMARY:Title: A Data-Driven Approach for Value Analysis of Emerging Grid-S cale Storage Technologies By Dr Kourosh Malek of FZ-Juelich URL;VALUE=URI:https://events.vtools.ieee.org/m/348445 X-ALT-DESC:Description: <br /><p><strong>Industry Speakers Series</strong>< /p>\n<p><strong>Controls\, Robotics and Cybernetics Joint Chapter of IEEE Vancouver Section </strong></p>\n<p><strong>&nbsp\;</strong></p>\n<p><stro ng>Title: A Data-Driven Approach for Value Analysis of Emerging Grid-Scale Storage Technologies</strong></p>\n<p><strong>&nbsp\;</strong></p>\n<p><s trong>Speaker: </strong><strong>Dr. Kourosh Malek\, </strong>Division Head <strong>\, </strong>Forschungszentrum J&uuml\;lich GmbH\, Institute for En ergy and Climate Research (IEK-13)\, Division AI and Data Analytics\, IEK- 13\, 52428 J&uuml\;lich\, Germany</p>\n<p>&nbsp\;</p>\n<p><strong>Date &am p\; Time:</strong> March 8th\, 2023\, Wednesday at 6pm PST</p>\n<p>&nbsp\; </p>\n<p><strong>Place:</strong> An On-Line Event</p>\n<p>&nbsp\;</p>\n<p> <strong>Abstract:</strong> As versatile technological solutions\, energy s torage technologies provide valuable stability and flexibility to the grid by increasing the utilization of renewable-based electricity assets. Stor age technologies have their capabilities to control grid power intermitten cy or power quality services in generation\, transmission\, and distributi on\, as well as in end-user consumption side. When combined with sophistic ated and reliable business models\, grid-scale storage technologies can co ntribute significantly to enhance asset utilization rate and reliability o f the power systems. The latter is particularly critical for deployment of regional and national energy policies of implementing renewable sources. There are significant benefits that grid-scale storage technologies offer to renewable sources of electricity\, however\, there is a lack of appropr iate valuation frameworks to quantify their benefits from planning\, insta llation\, demonstration\, and full commercial operation.</p>\n<p>Building upon advanced valuation models and an innovative typology of business mode ls for adopting grid-scale storage technologies\, we demonstrate a cost-be nefit analysis tool to evaluate cost-effectiveness of energy storage techn ologies under various business models. Specifically\, we assess the value of storage technologies for a range of grid services in different market s tructures. This data-driven valuation model clearly identifies monetizatio n and cost-benefit ratios of relevant grid services\, where various busine ss models (utility-side\, service contracted and Independent Power Produce r models) are examined in detail.</p>\n<p>&nbsp\;</p><br /><br />Agenda: < br /><p>Dear Friends\,&nbsp\;</p>\n<p>Please Join us for this exciting Ind ustry Speaker Series Event.&nbsp\;</p>\n<p>&nbsp\;</p>\n<p>6:00PM-6:10PM</ p>\n<p>Gathering and Introduction</p>\n<p>6:10PM-7:00PM Talk</p>\n<p>7:00P M-7:30PM Q&amp\;A and Discussion&nbsp\;</p>\n<p>&nbsp\;</p>\n<p>Controls\, Robotics and Cybernetics Joint Chapter of IEEE Vancouver Section&nbsp\;</ p>\n<p>&nbsp\;</p>\n<p>Join Zoom Meeting<br />https://ubc.zoom.us/j/663517 11948?pwd=TzNZNjU1YW5Bd1lleHRreUJrUDVQQT09</p>\n<p>Meeting ID: 663 5171 19 48<br />Passcode: 525910</p>\n<p>One tap mobile<br />+17789072071\,\,66351 711948#\,\,\,\,\,\,0#\,\,525910#</p>\n<p>Dial by your location<br />+1 778 907 2071 (Vancouver)<br />+1 647 374 4685 (Toronto)<br />+1 647 375 2970 (Toronto)<br />+1 647 375 2971 (Toronto)<br />+1 204 272 7920 (Manitoba)<b r />+1 438 809 7799 (Montreal)<br />+1 587 328 1099 (Alberta)<br />+1 613 209 3054 (Ottawa)</p>\n<p>Meeting ID: 663 5171 1948<br />Passcode: 525910< /p>\n<p>Join from a videoconferencing system<br />IP: 65.39.152.160<br />M eeting ID: 663 5171 1948<br />Passcode: 525910</p>\n<p>SIP: 66351711948@vn .zmca.us<br />Passcode: 525910</p> END:VEVENT END:VCALENDAR