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Lehigh Business
Alberto J. Lamadrid
Associate Professor
Economics
Alberto Lamadrid, Ph.D., holds the James T. Kane Faculty Fellowship
Office: RBC 451
all512@lehigh.edu
610-758-0239
Alberto Lamadrid is an associate professor in the economics department, part of the Integrated Networks for Electricity Research Cluster, and the Institute for Cyber Physical Infrastructure and Energy at Lehigh University.
His interests lie at the intersections of energy and electricity economics, complex stochastic dynamic systems, and mechanism design.
In his work so far he has focused on the development of methodologies and tools that allow to study the economic decision making processes in the electrical network for operations, planning and regulation with large scale penetration of renewable energy sources with uncertainty; and the probabilistic analysis and design of resilient interdependent systems, considering the recovery for communities post extreme disruption events, the interactions among electrical and transportation infrastructure, communications systems, and social structures.
His methods use continuous and discrete optimization, geographic information systems, statistical analysis and engineering models that reflect the physical behavior of the system.
Alberto has successfully supported his research extramurally, with sponsors including the National Science Foundation, the Department of Energy, the Environmental Protection Agency, EPRI, the Pennsylvania Infrastructure Technology Alliance and others. More recently, Alberto is the principal investigator on a USD 2.5 million grant from the Advanced Research Projects Agency-Energy (ARPA-E) of the U.S. Department of Energy to develop tools to manage risks in electricity systems.
Education
- Universidad de los Andes, B.Sc. Electrical Engineering
- New York University, M.A. Economics
- Cornell University, Ph.D. Applied Economics and Management
Research Interests
- Electricity markets
- Power systems
- Energy economics
- Resource economics
- "The Effects of High Penetrations of Renewable Energy Sources in Cycles for Electricity Markets: An Experimental Analysis." with J. Arias-Gaviria and S. Arango-Aramburo. Energy Policy, 166 (113014), 2022.
- "The Impact of Convexity on Expansion Planning in Low-Carbon Electricity Markets."
with S. Wogrin, D. Tejada-Arango, S. Delikaraoglou and A. Botterud. TOP, 30 (3),574-593, 2022. - "A Robust Decision-Support Method Based on Optimization and Simulation for Wildfire Resilience in Highly Renewable Power Systems," with T. Tapia, A. Lorca, D. Olivares and M. Negrete-Pincetic. European Journal of Operational Research, 294 (2), 723-733, 2021.
- "A Coordinated Scheme of Electricity-Gas Systems and Impacts of a Gas System FDI Attacks on Electricity System," with B. Zhao, R.S. Blum and S. Kishore. International Journal of Electrical Power and Energy Systems, 131, 107060, 2021.
- "Effects of Infrastructure Service Disruptions Following Hurricane Irma: Multilevel Analysis of Postdisaster Recovery Outcomes," with D. Mitsova, A.M. Esnard., A. Sapat, M. Escaleras and C. Velarde-Perez. Natural Hazards Review, 22 (1), 04020055, 2021.
- "A trilevel model against false gas-supply information attacks in electricity systems," with B. Zhao, R.S. Blum and S. Kishore. Electric Power Systems Research, 189 (2), 106541, 2020.
- "Evaluating the Impact of Infrastructure Interdependencies on the Emergency Services Sector and Critical Support Functions Using an Expert Opinion Survey," with D. Mitsova, A. Sapat and A.M. Esnard. Journal of Infrastructure Systems, 26 (2), 04020015, 2020.
- “The Economic Value of Distributed Storage at Different Locations on an Electric Grid,” with W.Y. Jeon and T.D. Mount, The Energy Journal, 40 (4), 165–190, 2019.
- “Pricing In Non-Convex Markets with Quadratic Deliverability Costs,” with X. Kuang and L.F. Zuluaga, Energy Economics, 80, 123–131, 2019.
- “The Effects of Infrastructure Service Disruptions and Socio-economic Vulnerability on Hurricane Recovery,” with D. Mitsova, M. Escaleras, A. Sapat and A.M. Esnard, Sustainability, 11 (2), 2019.
- "Allocation of Resources using a Microgrid Formation Approach for Resilient Electric Grids," with K. Sedzro and L.F. Zuluaga. IEEE Transactions on Power Systems, 33 (3), 2633-2643, 2018.
- "Generalized Minimax: A Self-enforcing Pricing Scheme for Load Aggregators," with Sedzro, K. and Chuah, M.C.IEEE Transactions on Smart Grid, 1949-3053, August 2016.
- "The Economic Value of Transmission Lines and the Implications for Planning Models," with Maneevitjit, S. and Mount, T.D. Energy Economics, 57, 1-15, June 2016.
- "A Robust Model for the Ramp-Constrained Economic Dispatch Problem with Uncertain Renewable Energy," with Moarefdoost, M.M. and Zuluaga, L.F. Energy Economics, 56, 310-325, May 2016.
- "Optimal use of energy storage systems with renewable energy sources," Journal of Electrical Power & Energy Systems, 71, 101-111, 2015.
- "Stochastically Optimized, Carbon-Reducing Dispatch of Storage, Generation, and Loads," with Shawhan, D.L., Murillo-Sanchez, C.E., Zimmerman, R.D., Zhu, Y., Tylavsky, D.J., Kindle, A.G. and Dar, Z. IEEE Transactions on Power Systems, 30 (2), 1064-1075, 2015.
- "Using Deferrable Demand in a Smart Grid to Reduce the Cost of Electricity for Customers," with Jeon, W.Y., Mo, J.Y. and Mount, T. Journal of Regulatory Economics, Volume 47, Issue 3, pp. 239-272, June 2015.
- "The Controllability of Real Things: Planning for Wind Integration," with Jeon, W.Y., Mo, J.Y. and Mount, T. The Electricity Journal, 28 (1), 19-28, 2015.
- "Is Deferrable Demand an Effective Alternative to Upgrading Transmission Capacity?," with Mount, T., Jeon, W. and Lu, H. Journal of Energy Engineering, 141 (1), B4014005 1-16, March 12, 2015.
- "Barriers to Increasing the Role of Demand Resources in Electricity Markets," with T. Mount, W. Jeon and H. Lu. Proceedings of the 47th Annual Hawaii International Conference on System Sciences (HICSS), IEEE Computer Society, Washington, DC, January 2013.
- "The Effect of Stochastic Wind Generation on Ramping Costs and the System Benefits of Storage," with T. Mount and W. Jeon. Proceedings of the 46th Annual Hawaii International Conference on System Sciences (HICSS), IEEE Computer Society, Washington, DC, January 2013.
- "Controllable Demand For Electricity Systems With High Wind Penetrations," with T. Mount, R. Zimmerman and D. Munoz-Alvarez. USAEE Dialogue, 21, January 2013.
- "Shale Gas Vs. Coal: Policy Implications From Environmental Impact Comparisons Of Shale Gas, Conventional Gas, And Coal On Air, Water, And Land In The United States," with Jenner, S. Energy Policy, 53, 442-453, 2013.
- "Ancillary Services in Systems with Penetration of Renewable Energy Sources, The Case of Ramping," with T. Mount. Energy Economics, 34, 1959-1971, 2012.
- "The Hidden System Costs of Wind Generation in a Deregulated Electricity Market," with T. Mount, S. Maneevitjit, B. Thomas and R. Zimmerman. The Energy Journal, 33 (1), 161-186, 2012.
- "Wine in Your Knapsack," with J. Conrad and M. Gomez. Journal of Wine Economics, 6 (1), 83-110, 2011.
- "Evaluating the Net Benefits of Investing in New Wind and Transmission Capacity on a Network," with T. Mount, S. Maneevitjit., R.J. Thomas and R.D. Zimmerman. Proceedings of the 42nd Annual Hawaii International Conference on System Sciences (HICSS), IEEE Computer Society, Washington, DC, January 2009.