Second Austrian Day of Women in Mathematics
02.02.2022
Sonja Wogrin as speaker at the Second Austrian Day of Women in Mathematics
The aim of the Second Austrian Day of Women in Mathematics is to bring together women mathematicians in Austria and to build a network that promotes interdisciplinary cooperation and mutual support, such as career advice and mentoring.
The title the presentation from Sonja Wogrin is:
"The Mathematics of Energy Economics and Carbon Neutrality"
In Europe, we have embarked on the journey towards net-zero power systems and want to reach full decarbonization by 2050 (European Commission “A clean planet for all”). Austria wants to reach carbon neutrality in the power system already by 2030 (Erneuerbaren Ausbau Gesetz) and the decarbonization of the entire energy system by 2040, which will require coupling the power, transport, heat and gas sectors. In this talk we discuss how mathematical modeling, optimization and game theory are key ingredients to achieving such ambitious climate goals by tackling relevant challenges in energy economics.
In particular, complex systems such as the electric power system are governed by physical laws and technical limitations that often lead to non-convex, mixed-integer, large-scale optimization models. Moreover, electric energy is traded through liberalized electricity markets -- competitive environments that can be assessed via game theory and that can lead to interesting hierarchical equilibrium problems that call for bilevel programming. This talk emphasizes the significant contributions that mathematicians can make to tackle the climate crisis.
