Andrew Lu Liu. Last updated: May 26th, 2013

Transcription

1 Andrew Lu Liu Purdue University School of Industrial Engineering 315 N. Grant Street West Lafayette, IN Office: +1 (765) Fax: +1 (765) liu334/ Last updated: May 26th, 2013 Research Interests Energy and environmental markets, systems, and policy modeling and analyses Optimization, complementarity problems, and variational inequalities, with applications to game theory, industrial organization, energy and healthcare management Real options valuation, portfolio optimization and risk management in energy markets Academic Employment Assistant Professor School of Industrial Engineering, Purdue University, West Lafayette, Indiana. 8/2009 present Industrial Employment Senior Associate 9/2005 8/2009 Energy and Resource Group, ICF International, Fairfax, Virginia. Large-scale energy and environmental market modeling and policy analysis, including electricity, natural gas, coal, emissions and renewable markets Financial engineering and risk management in energy markets valuation of power plants (thermal, wind and pumped storage hydro), energy derivatives and hedging contracts via real options approach Education Ph.D. in Applied Mathematics and Statistics 7/2009 Department of Applied Mathematics and Statistics Johns Hopkins University, Baltimore, Maryland. M.S. in Mathematical Sciences 5/2002 Johns Hopkins University, Baltimore, Maryland. B.S. in Applied Mathematics 6/2000 Beijing Institute of Technology, Beijing, China. Honors and Awards Travel Award for Early Career Attendees to present at the International Conference on Complementarity Problems in Singapore, Sponsored by SIAM/NSF. Best Publication Award for the paper Collusive Game Solutions via Convex Optimization. Awarded by Energy, Natural Resources and Environment Section, The Institute for Operations Research and the Management Sciences (INFORMS),

2 Fellow Chicago-Argonne Institute on Computational Economics, University of Chicago, Grants [G6] A. L. Liu (PI, lead). Collaborative Research: The Next-Generation Electricity Capacity and Transmission Expansion Model with Large-Scale Energy Storage and Renewable Resources. NSF (Service Enterprise Systems, CMMI ). Project period: 08/15/ /31/2015. Purdue Budget: $208,505. (Collaborator: Qipeng Zheng, West Virginia University.) [G5] A. L. Liu (PI), N. A. Uhan (Co-PI, Naval Academy). Decentralized Network Interdiction Games. Air Force Office of Scientific Research (FA ). Total budget: $297,030 (Purdue share: $227,216). Project period: 08/01/ /31/2015. [G4] STUDY: Conduct Study on Long-term Electric and Natural Gas Infrastructure Requirements in the Eastern Interconnection." Department of Energy (subcontracted through National Association of Regulatory Utility Commissioners (NARUC) and ICF International). Purdue budget: $26,868. Project period:06/ /2014. [G3] Whitepaper: Co-Optimization of Transmission and other Supply Resources." Department of Energy (subcontracted through National Association of Regulatory Utility Commissioners (NARUC)). Budget: $150K. Project period: 03/ /2013. Collaborators: B. F. Hobbs (JHU), J. McCalley (ISU), M. Shahidehpour (IIT), P. T. Sullivan (NREL) and Q. P. Zheng (WVU). [G2] D. Gotham (PI), A. L. Liu (Co-PI, 30%), P. Preckel (Co-PI). Proposal to Assist the Eastern Interconnection States Planning Council (EISPC) Members with Transmission Planning Services." Department of Energy (subcontracted through National Association of Regulatory Utility Commissioners (NARUC)). Budget: $129,652. Project period: [G1] "Crossroads Smart Grid Training Program." Department of Energy. Purdue PI: E. J. Dietz. Period: Amount: $4,699,353. ($24,000 subcontracted to A. L. Liu and J. F. Pekny to develop a new graduate course on Power Systems and Smart Grid.) Publications Refereed Journal Papers 1 [P8] Y. Chen and A. L. Liu. Emissions trading, point-of-regulation and facility siting choices in the electric markets. Accepted to Journal of Regulatory Economics, [P7] L. S. Han and A. L. Liu. On Nash-Cournot games with price caps. Operations Research Letters. Vol. 41, pp 92 97, [P6] C. D. Davis, D. J. Gotham, P. V. Preckel and A. L. Liu. Determining the impact of wind on system costs via the temporal patterns of load and wind generation. Accepted to Energy Policy, [P5] A. L. Liu and B. F. Hobbs. Tacit collusion games in pool-based electricity markets under transmission constraints. Accepted to Mathematical Programming, Series B, [P4] S. Huang, J. Xiao, J. F. Pekny, G. V. Reklaitis, and A. L. Liu. Quantifying system level benefits from distributed solar and energy storage. Accepted to Journal of Energy Engineering, Special Issue on Challenges and Opportunities in the 21st Century Energy Infrastructure, [P3] S. Huang, H. Safiullah, J. Xiao, B. Hodge, R. Hoffman, J. Soller, D. Jones, D. Dininger, W. E. Tyner, A. L. Liu, J. F. Pekny. The Effects of electric vehicles in the city of Indianapolis. Energy Policy, Vol. 49, pp , Graduate students names are in Italic font in the next four sections. 2

3 [P2] Y. Chen, A. L. Liu and B. F Hobbs. Economic and emissions implications of load-based, sourcebased and first-seller emissions trading programs under California AB32. Operations Research, Vol. 59, No. 3, pp , [P1] J. E. Harrington, B. F Hobbs, J.-S Pang, A. L. Liu, and G. Roch. Collusive game solutions via convex optimization. Mathematical Programming, Series B 104: , Refereed Conference Proceedings [CP6] H. Sreekumaran and A. L. Liu. Equilibrium wind hedge contract structure through Nash Bargaining. Proceedings of the Industrial Engineering Research Conference, [CP5] J. Xiao, B. S. Hodge, A. L. Liu, J. F. Pekny, and G. V. Reklaitis. Long-term planning of wind farm siting in the electricity grid. Proceedings of 21st European Symposium on Computer Aided Process Engineering ESCAPE 21, [CP4] A. L. Liu. Repeated games in electricity spot and forward markets An equilibrium modeling and computational framework. Proceedings of 48th Annual Allerton Conference on Communication, Control, and Computing, [CP3] T. Brady and A. L. Liu. The analysis of electricity storage location sites in the electric transmission grid. Proceedings of the Industrial Engineering Research Conference, [CP2] Y. Chen and A. L. Liu. Effects of allowances allocation schemes on the emissions leakage and contract shuffling. Proceedings to 32nd IAEE International Conference, online publication, [CP1] J. E. Harrington, B. F Hobbs, J.-S Pang, A. Liu, and G. Roch. Collusive game solutions via optimization. Proceedings of the NSF-ONR EPNES II workshop, Refereed Book Chapters [BC1] A. L. Liu, N. A. Uhan and F. Zhao. Scheduling for Energy Efficient Manufacturing. Energy Efficient Manufacturing with Applications. Editors: J. W. Sutherland and B. S. Linke, Scrivener Publishing, 2012 (in preparation). Teaching Power Systems and Smart Grid (IE 590) Nonlinear Optimization Algorithms and Models (IE 538) Economic Decisions in Engineering (IE 546) Probability and Statistics in Engineering I (IE 230) Seminars, Panels and Conference Presentations Invited Seminars [S4] West Virginia University, Department of Industrial and Management Systems Engineering, February [S3] University of Virginia, Department of Systems and Information Engineering, October [S2] University of Illinois at Urbana-Champaign, Department of Industrial and Enterprise Systems Engineering, October [S1] Purdue University, Department of Agricultural Economics, November Invited Panels 3

4 [Pa2] Panelist, Co-optimization of Transmission," The Eastern Interconnection States Planning Council, sponsored by the Department of Energy. Atlanta, GA, April [Pa1] Panelist, Roundtable on Transportation, Distribution, and Energy Networks," Network Resilience Conference, Purdue University, West Lafayette, IN. April Conference Presentations [T23] Next-generation long-term planning model. IIE Annual Conference, San Juan, Puerto Rico. May [T22] On potential games and generalized Nash equilibrium problems. Workshop on Complementarity and its Extensions. Singapore. December [T21] Price containment in emissions permit markets and its impact on capacity investments. Trans- Atlantic INFRADAY Conference on Applied Infrastructure Modeling and Policy Analysis. Washington DC. November [T20] Quantify benefits of in-home energy management system under dynamic electricity pricing. INFORMS Annual Meeting. Phoenix, AZ. October INFORMS International Conference. Beijing, China. June [T19] Generalized Nash equilibria in decentralized network interdiction games. INFORMS Annual Meeting. Charlotte, NC. November [T18] Analyzing a cap-and-trade market with a safety valve. INFORMS Annual Meeting. Charlotte, NC. November [T17] Imperfect competition in an electricity market with regional CO 2 cap-and-trade. INFORMS Annual Meeting. Charlotte, NC. November [T16] Regional CO 2 cap-and-trade effects of point-of-regulation via market equilibrium. INFORMS Midwest Regional Conference. Columbus, OH. August [T15] Equilibrium wind hedge contract structures through stochastic programming. Atlantic Energy Group. DC. November Federal Energy Regulatory Commission (FERC), Washington 12th International Conference on Stochastic Programming. Halifax, Canada. August SIAM Conference on Financial Mathematics and Engineering. San Francisco, CA. November [T14] The analysis of electricity storage location sites in the electric transmission grid. INFORMS Annual Meeting. Austin, TX. November [T13] Repeated games in electricity spot and forward markets An equilibrium modeling and computational framework. 48th Annual Allerton Conference on Communication, Control, and Computing, Monticello, IL. October [T12] California s CO 2 cap-and-trade system in power sector comparing point-of-regulation under imperfect competition. Conference on Energy, Sustainability and Climate Change. INFORMS Annual Meeting. Austin, TX. November Gainesville, FL. February [T11] Optimal hedging contract structures for wind developers. INFORMS Annual Meeting. San Diego, CA. October

5 [T10] On the application of partial B-regularity to a class of repeated game models formulated as MPECs. INFORMS Annual Meeting. San Diego, CA. October [T9] Effects of allowances allocation schemes on the emissions leakage and contract shuffling. 32nd IAEE International Conference. San Francisco, CA. June Trans-Atlantic INFRADAY Conference on Applied Infrastructure Modeling and Policy Analysis, Resource for the Future (RFF). Washington DC. November [T8] Economic and emissions implications of load-based, sourced-based and first-seller emissions trading programs under California AB32. INFORMS Annual Meeting. Washington DC. October th Annual POWER Research Conference on Electricity Markets and Regulation, University of California Energy Institute (UCEI). Berkeley, CA. March [T7] Generation asset valuation with operational constraints a trinomial tree approach. Atlantic Energy Group Meeting. Federal Energy Regulatory Commission (FERC). Washington DC. September [T6] Conjectured supply function equilibria under uncertainty. INFORMS Annual Meeting. Pittsburgh, PA. October [T5] Mathematical programming with equilibrium constraints a computational approach to gametheoretic equilibrium models. Invited lecture. University of Maryland, College Park, MD. April [T4] Dynamic game-theoretic models of electric power markets, with R. Mookherjee and B. Hobbs. The National Science Foundation (NSF) and the Office of Naval Research (ONR) Workshop on Electric Power Network Efficiency and Security (EPNES). Crystal City, VA, December [T3] Modeling collusive games in transmission-constrained electricity markets: formulation, computation and extension. INFORMS Annual Meeting. San Francisco, CA. November [T2] Collusive games in transmission-constrained electricity markets. 4th International Conference on Complementarity Problems. Stanford University, Palo Alto, CA. August INFORMS Annual Meeting. Denver, CO. October [T1] Collusive games via optimization. INFORMS Annual Meeting. Atlanta, GA. October Service Editorial Duties Guest Editor-in-Chief: Journal of Energy Engineering Special Issue on Smart Grid and Emerging Technology Integration. (Co-editors: S. Oren (UC-Berkerley), Y. Chen (UC-Merced)) Journal Referee Operations Research, Management Science, Mathematical Programming, Manufacturing and Service Operations Management, Optimization Methods and Software, Journal of Optimization Theory and Applications, Journal of Global Optimization, Networks and Spatial Economics, Optimization and Engineering, Environmental Science & Technology, IEEE Transactions on Power Systems, IEEE Transactions on Smart Grid, PES Letters, Journal of Energy Engineering Funding Agency Reviewer National Science Foundation (2009, 2010, 2013) Competition Judge 5

6 - Best Publication Award in Energy, INFORMS Energy, Natural Resource and Environment (ENRE) Section Best Student Paper, INFORMS Energy, Natural Resource and Environment (ENRE) Section Conference/Workshop Organization - Session chair, IIE Annual Conference, May Session chairs, INFORMS annual and regional meetings: Optimization in Smart Grid. INFORMS Annual Meeting, 2011, 2012 and Equilibrium Modeling on Emergent Topics in Energy and Environmental Markets INFORMS Midwest Regional Conference, Columbus, OH. Applications of Complementarity Problems and Variational Inequalities INFORMS Annual Meeting, Austin, TX. Decisions Analysis and Risk Management in Energy Markets with Applications to Renewable Energy Projects INFORMS Annual Meeting, San Diego, CA. Global Optimization of MPECs and Bilevel Programs INFORMS Annual Meeting, San Diego, CA. - Session chairs, Conference on Energy, Sustainability and Climate Change, - Session chair, First Gavriel Salvendy International Symposium on Frontiers in Industrial Engineering, Students Advising/Advised Ph.D. Students Zhen Zhu (graduated in 2012) Jingjie Xiao Emrah Ozkaya Harikrishnan Sreekumaran Verónica Bósquez Fóti Run Chen Master Students with Thesis Manasa Ganoothula (graduated in 2012) Harikrishnan Sreekumaran (graduated in 2011) Hameed Safiullah (graduated in 2011) Daniela Ivonne Viteri (graduated in 2011) Undergraduate Students Anant Handa (ChE, senior, graduated in 2011) Professional Membership Institute for Operations Research and the Management Sciences (INFORMS) Society for Industrial and Applied Mathematics (SIAM) International Association of Energy Economics (IAEE) IEEE Power & Energy Society (PES) 2003 present 2004 present 2005 present 2010 present 6