Published: Jun 26, 2007 9:57:18 AM
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The next graduate seminar for the Department of Industrial and Systems Engineering will be held on Wednesday, June 27 at 2 p.m. in Dunstan 202. Doctoral candidate Hakan Balci will be discussing his recent research, "Valuation of Power Generation Assets in Deregulated Capacity Markets." Following a three part procedure, the lecture will present an approach for predicting long-term electricity prices in a power market with competitive firms, while considering the effect of changes in fuel costs on the price. The discussion will also cover a method for estimating the profit that a power generator can obtain for a certain period of time.