TISEDTalks: Using energy-electricity-economy (3E) system models to support decision-making on complex challenges
Date: November 21st, 2024 | Time: 5:00pm (EST) | Free Event
Location: Macdonald Engineering Building Rm: 267
ESMIA is a leader in 3E system modeling, supporting strategic decision-making across North America and globally. With over 20 years of experience, our multidisciplinary team develops and applies advanced system models to address complex challenges, such as energy security and energy transition. This presentation will showcase the comprehensive capabilities of ESMIA’s models, highlighting insights derived for decision-making through recent projects. Key examples include:
- Energy-electricity system model: Provides detailed, multi-level system analyses, identifying optimal roles for emerging technologies considering competition for clean resources and providing cost-effective strategies for capacity expansion. It also supports short-term power sector planning by accounting for hourly dispatch, ensuring supply resiliency amid demand and supply variability.
- Energy rates model: Evaluates impacts energy transition on stakeholders, quantifying cost effects on utilities and consumer tariffs. It also projects future energy bills to analyze energy affordability and assess subsidies to mitigate energy poverty.
- Macroeconomic model: Assesses the macroeconomic impacts of energy policies, providing insights into economic growth, job markets, and welfare, essential for gauging economies' readiness for energy transition.
The presentation will conclude with region- and sector-specific project examples.
This TISEDTalk is in partnership with McISCE
Kathleen Vaillancourt – President, ESMIA
Kathleen is a professional entrepreneur with 20 years of experience in 3E (energy-economy-environment) system modelling and consulting. President and founder of ESMIA, she is the main instigator of the North American TIMES Energy Model (NATEM) a crucial tool for many decision-makers throughout North America. She leads projects that develop and apply energy system models for supporting governments, utilities, consultants and private companies globally, in tackling complex energy challenges.
As a globally recognized expert in energy system optimization, she represents Canada at the ETSAP Technology Collaboration Program (TCP) of the International Energy Agency (IEA). In Canada, she serves on the board of the Energy Modelling Hub (EMH), a federal government-funded initiative to establish a pan-Canadian open-source electricity modelling platform