Paid Master´s thesis: Interaction of Smart Energy Systems with Electricity Markets

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BEST - Bioenergy and Sustainable Technologies GmbH is the competence center in Austria that conducts pre-competitive industry-related research in the field of bioenergy and biobased economy.
At BEST we work as a team to actively shape the transition to a sustainable and climate friendly bioeconomy.
Your talent and your passion for research and science are explicitly needed with us. Collaborate with us on interesting and promising tasks and develop your scientific creativity. Join us on our approach to a more environmentally and climate friendly future!
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The electricity grid's variable markets and rising volatility necessitate flexibly controllable units to compensate for these volatility. All together single-family homes have big potential to contribute energy system's flexibility needs. The task of this thesis is to investigate different possibilities for the interaction of many single-family homes controlled by optimization-based predictive control with electricity markets.
Your objectives
? Literature study on decentralized control of energy systems
? Investigation of interfaces to electricity markets
? Implementation of market-driven control strategies for predictive supervisory control
? Implementation of decentralized optimization approaches for the controller
? Comparison and validation in simulation studies

? Field of Study: Electrical Engineering, Computer Sciences, Digital Engineering, etc.
? Ideally with some background in control engineering or optimization
? Programming experience with MATLAB, Python or (ideally) Julia

• Joint supervision of the master’s thesis by BEST and the Institute of Automation and Control, TU Graz
• Integration into a dedicated team with good support
• Perspective of participation in follow-up projects after successful completion
• Financial compensation based on student staff salary scheme

We look forward to receiving your application via our homepage or by email.

We at BEST value and promote the diversity of skills of our employees and therefore welcome all applications. BEST also aims to increase the proportion of women and expressly encourages qualified women to apply.