Research Interests
I am interested in topics regarding wholesale and retail electricity markets and power system economics. This includes but not limited to:
- Electricity Market operation, analysis and design
- Market power detection and mitigation
- Transmission investment and competition analysis
- Generation-Transmission investment coordination
- Distribution network pricing
- Strategic bidding under different market designs
- Statistical techniques for modeling, analyzing and forecasting electricity prices
Developed Analysis Toolboxes:
- Linear Nash Equilibrium Solver: Linear Nash Equilibrium solver (LiNE solver) is a computational tool developed in EMReG for purpose of electricity market analysis. The solver is developed based on the concept of extremal-Nash equilibria and it employs the oligopolistic modeling. An example version of this solver is applied to a stylized version of the Australian National Electricity Market (NEM) and it is currently indexed in the GAMS 24.0 model library. The following paper explains the mathematics behind the LiNE solver:
- M. R. Hesamzadeh, D. R. Biggar, Computation of Extremal-Nash Equilibria in a Wholesale Power Market using a Single-Stage MILP, Power Engineering Letters, IEEE Transactions on Power Systems, Vol. 27, No. 3, pp. 1706-1707, August 2012
- Short-Run Economic Dispatch Solver, SRED solver
- The Conic Optimal Power Flow Solver, C-OPF solver
Examined PhD Theses:
- Emanuele Taibi, A multi-sector framework for accelerating renewable energy development in power, transport and industry, KTH, Stockholm, Sweden, June 2020 (Member of Jury)
- Nenad Jovanovic, Electricity markets operation planning with risk averse agents: stochastic decomposition and equilibrium, Universidad Pontificia Comillas, Sapin, June 2019 (Member of Jury)
- Markus Löschenbrand, Dynamic Electricity Market Games: Modeling Competition under Large-Scale Competition, PhD thesis defence, NTNU Norwegian University of Science and Technology, Trondheim, Norway, June 2019 (Opponent)
- Iacopo Savalli, Towards the Integration of Electricity Market: System Wide and Local Solutions, PhD thesis defence, University of Siena, Italy, February 2019 (Member of Jury)
- Kaveri K. Iychettira, National Renewable Policies in an International Electricity Market: A Socio-Technical Study, PhD thesis defence, TU Delft, the Netherlands, April 2018 (Member of Jury)
- Srinivasa Kishoret, Cost Optimization of Power Transmission Lines in Hilly Areas, Indian Institute of Technology Roorkee, June 2015, India (External Examiner)
- Pavan Balram, Energy scheduling of electric vehicles for electricity market participation, Chalmers University of Technology, August 2014, Sweden (Opponent) [Licentiate Thesis]
- German Morales, Unit Commitment: Computational Performance, System Representation and Wind Uncertainty Management, Universidad Pontificia Comillas, Spain, June 2014 (Member of Jury)
Professional Working Group:
- CIGRE Working Group C5-18: Market price signals and regulated frameworks for regional coordination of grid investment
- F. Regairaz, M.R. Hesamzadeh, J. Riesz, F-P. Hansen, A. Balkwill, Market price signals and regulated frameworks for coordination of transmission investment, Cigre Lund symposium, Lund, Sweden 27-18 May 2015
Abstract Presentation
Projects:
- Optimal investment coordination of generation and transmission capacities (Funded by the ELFORSK program - 2016) (Completed)
- Technical Report Research paper
- Optimal provision of inertia service in wind-integrated power systems (Funded by the EFORIS program - 2015) (Completed)
- Technical Report Research paper
- Grid expansion planning in modern electricity markets (Funded by the Market Design Research Program, Sweden- 2014) (Completed)
- Technical Report Research paper
- Study and analysis of market power in the Australian National Electricity Market (Funded by the Australian Competition and Consumer Commission, ACCC, and Australian Energy Regulator, AER - 2010) (Completed)
- Research Paper
Technical Presentations/Seminars/ Invited session:
- M. R. Hesamzadeh "Implementation of the Nodal Pricing Regime for Distribution Network Pricing: A Benchmark Model", Swedish Energy Markets Inspectorate (Ei), Stockholm, Sweden, November 5, 2015
- M. R. Hesamzadeh "Employing ABB technologies for improving the performance of power market", ABB Corporate Research, Västrås, Sweden, October 15, 2015
- M. R. Hesamzadeh "Incentive regulation for Transmission Expansion", University of Liege, Liege, Belgium, August 28, 2015
- M. R. Hesamzadeh "A profit-maximizing approach for transmission expansion planning unsing a revenue-cap incentive mechanism", Workshop on New Technologies in the Future Grid, KU Leuven, Belgium, November 26, 2014
- M.R. Hesamzadeh "The CapFTR Mechanism", German Institute for Economic Research, DIW Berlin, August, 2013
- M.R. Hesamzadeh "Market-based Benefits of Additional Transmission Capacity", Advanced Submarine Power Cable Interconnection Forum (Building Critical HVDC Interconnections for an Integrated European Power Network), Berlin, Germany, April 19-20, 2012 (Invited talk)
- M.R. Hesamzadeh "Optimal Generation-Transmission Planning in Perfectly Competitive Markets", Workshop on Pricing in Deregulated Electricity Markets, Voss, Norway, November 27-30, 2011 (Invited talk)
- M.R. Hesamzadeh "Transmission Planning", IEEE Innovative Smart Grid Technology Conference, Perth, Australia, November 13-16, 2011 (session chair)
- M.R. Hesamzadeh "Transmission Investment Policies" 8th International Conference on the European Energy Market, Zagreb, Croatia, May 25-27, 2011 (session chair)
- M.R. Hesamzadeh, D.R. Biggar, N. Hosseinzadeh, "Proactive Transmission Expansion Planning", presented at Transmission Network Service Provider of the State of Victoria, VenCorp, Melbourne, Australia, February 2009
- M.R. Hesamzadeh, N. Hosseinzadeh, "Augmentation of the High Voltage Transmission Systems in Restructured Electricity Market," presented at Australian Competition and Consumer Commission (ACCC), Melbourne, Australia, June 2008
- M.R. Hesamzadeh, N.Hosseinzadeh, P.J. Wolfs "Transmission System Planning in Restructured Electricity Market,� presented at PowerLink Company, Brisbane, Australia, July 2007
Professional Activities:
2013 | Member of steering committee, European Energy Market Conference |
2013 | Board member, IEEE PE/PL Chapter in Sweden |
2013 | Vice-chair, 10th European Energy Market Conference, EEM 13 |
2008 | Vice-Chair, Power and Energy Society Chapter, Queensland, Australia |
Review assignments in international periodicals:
- IEEE Transactions on Fuzzy Systems
- IEEE Transactions on Sustainable Energy
- Optimization in Engineering
- IEEE Transactions on Education
- International Journal of Electrical Power and Energy Systems
- Energy Systems
- Energy Policy
- Energy Economics
- IEEE transactions on power systems
- The Journal IET Generation, Transmission, and Distribution
- The Journal Electric Power System Research (EPSR)
- The Journal Simulation Modelling Practice and Theory (SIMPAT)
Scientific assessor of research proposals:
- Research Foundation - Flanders (Fonds Wetenschappelijk Onderzoek - Vlaanderen, FWO), Belgium
National and International Grants:
- Project title: TSO performance incentives in liberalised power markets
Funder: Erasmus Mundus Research program - European Commission
Duration: 4 years (2013-2017) - Project title: Probabilistic transmission reliability standards for generators
Funder: Erasmus Mundus Research program - European Commission
Duration: 4 years (2013-2017) - Project title: Economic feasibility of market-based provision of inertia service
Funder: Swedish Centre for Smart Grids and Energy Storage (SweGRIDS)
Duration: 6 months (2013) - Project title: Transmission pricing in the presence of large amounts of wind power and solar power
Funder: Swedish Centre for Smart Grids and Energy Storage (SweGRIDS)
Duration: 5 years (2012-2017) - Project title: Dynamic zonal pricing for reducing the economic inefficiency resulting from fixed zonal boundary
Funder: Swedish Centre for Smart Grids and Energy Storage (SweGRIDS)
Duration: 5 years (2012-2017) - Project title: Optimal long-term transmission planning in the context of multiple TSOs
Funder: Erasmus Mundus Research program - European Commission
Duration: 4 years (2012-2016) - Project title: Modelling and quantifying Market power in the presence of large amounts of wind power and solar power
Funder: Erasmus Mundus Research program - European Commission
Duration: 4 years (2012-2016) - Project title: Grid Transmission Planning in Modern Electricity Market
Funder: Market Design Research Program, Sweden
Duration: 1 year (2010-2011)