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Thomas Lee

PhD Candidate at MIT | Power & Utilities | Renewable Energy | Valuation

Thomas Lee is a Doctoral Researcher at the Massachusetts Institute of Technology (MIT), specifically within the Institute for Data, Systems, and Society. He is a candidate in the Social and Engineering Systems program, focusing on interdisciplinary approaches that integrate technology and policy.12

Background and Research Focus

  • Education: Thomas Lee has a background that includes undergraduate studies at the Wharton School, where he was part of the Management and Technology (M&T) program. His research interests lie in the modeling and valuation of energy assets, power trading, and renewable energy structuring.2
  • Research Contributions: His work primarily addresses challenges in energy economics, including decarbonization efforts and energy storage solutions. He aims to contribute to sustainable energy practices through his research.2

Professional Profile

  • LinkedIn Presence: Lee maintains a professional profile on LinkedIn, where he outlines his expertise in energy systems and related fields. His LinkedIn username is thomas-lee-3bb36486, which reflects his academic focus and professional experiences.2

Overall, Thomas Lee is actively engaged in research that seeks to bridge the gap between engineering systems and social implications, particularly in the realm of energy sustainability.

Highlights

Nov 1 · linkedin

Over the past year, my research group competed in ARPA-E's Grid Optimization Competition - Challenge 3, featuring multi-period ACOPF with unit commitment + contingencies + line switching.

We won $595k in prizes (with 2nd place overall score). Lucky and glad to have contributed as part of a tremendous team Matthew Brun, Dirk L., Xin Chen, and Prof. Andy Sun.

This was a challenging algorithmic problem (nonconvex in 2 distinct ways). Techniques developed here can hopefully improve large-scale electric grids with increasing integration of renewables and other dynamic resources.

The competitor teams had impressive performances and improvements over the rounds, which pushed us to seek more refinements.

And thankful for the detail-oriented effort by the competition organizers and dataset teams, including at PNNL, Texas A&M, and Georgia Tech; including but not limited to: Stephen Elbert, Arun Veeramany, Jesse Holzer, Carleton Coffrin, Farnaz Safdarian. (Also Tim Heidel for getting GO1 started.)

Competition results, and Prof. Sun's slides ("TIM-GO Experience in GO Challenge 3"), are linked in comment.

Jan 21 · linkedin

My first conference paper as a PhD student, coauthored with Vineet Jagadeesan Nair and Prof. Andy Sun, has been published on IEEE proceedings! We presented "Impacts of Dynamic Line Ratings on the ERCOT Transmission System" at the 2022 North American Power Symposium held at the University of Utah (we received 3rd place for best graduate student paper award). Appreciated the opportunity to learn about interesting research and share our work; also got to see/hike a bit of Salt Lake City!   A main takeaway is that wide adoption of Dynamic Line Ratings (DLR) incorporating windspeeds can offer significant benefits beyond Ambient Adjusted Ratings (AAR) based only on temperatures. We quantified that DLR roughly doubled the benefit magnitudes from AAR in terms of reducing:

  1. wind power curtailments (2.7x),
  2. CO2 emissions (3.3x),
  3. system costs (2.2x), and
  4. nodal LMP volatility (2.7x).   On the other hand, DLR introduces significantly higher volatility in line ratings which may call for more advanced market/operation algorithms - so these costs have to be carefully weighed.

This may have implications for FERC's recent Notice of Inquiry (AD22-5) on the usage of DLRs - following its Order 881 from late 2021 that now requires the usage of AAR. For example, the MISO Transmission Owners' reply comments argue that "most of the value to be gained from DLRs already will be captured through implementation of ambient-adjusted ratings (“AARs”)." Our paper so far suggests there may be significant value left on the table with only AAR. I think DLR vs. AAR is an important question that deserves further study. #powergrid #renewableenergy #electricity #transmission

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Thomas Lee
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Location

Cambridge, Massachusetts, United States