Energy economics and energy policy fill the space between energy science and technology (S&T) and sustainability goals. The University of Illinois is a world leader in identification of key governing factors that impact and shape energy policies around the world. From research on energy management systems to an energy market with an increasing share of renewables, Illinois is at the forefront of policy research.
Areas of Research Focus
With their expertise on energy economics and energy policy, Illinois researchers are paving the way for the future of the sustainable energy market.
Some specific examples:
- Electricity planning and analysis.
- Competitive electricity markets and auction mechanisms.
- Transmission services and pricing.
- Integration of renewable energy into the energy mix.
- Battery vehicle management.
- Data center electricity supply, reliability, economics, and environmental issues.
- Demand response resource analysis and evaluation.
- Restructuring of the electricity business.
- Energy system economics and public policy.
- Renewable energy procurement/delivery for campus.
- Climate action policies and international policy negotiations.
- Techno-economic analysis.
ILLINOIS RESEARCH CENTERS
- Center for Advanced Bioenergy and Bioproducts Innovation (CABBI)
- Energy-Water-Environment Sustainability (EWES) Program
- Illinois State Geological Survey, a division of the Prairie Research Institute
- Illinois Sustainable Technology Center, a division of the Prairie Research Institute
- Power Systems Engineering Research Center (PSERC)
ONGOING GRANTS & GRANT OPPORTUNITIES