OCM Group wins research grants

November 4, 2017

OCM Group wins 2 Fondecyt Iniciación projects, 1 Fondef Idea and 1 Redes Internacionales. The grants will allow to foster the research and development activities of the group.

  • Fondecyt Iniciacion projects are 3-year grants with a budget of around 100K USD each. One project (PI Matias Negrete Pincetic) is related to exploiting Distributed Energy Resources (DERs) for integration of NCRE. The other one (PI Faculty Álvaro Lorca) is related to Optimization under Uncertainty for Power System Resilience.
  • The Fondef is a 2-year project with a budget of around 350K USD. The project will focus on developing the technological infrastructure for harnessing flexible electricity loads.
  • The Redes Internacionales project is a-2 year project with a budget of around 30K USD to foster research activities with the Karlsruhe Institute of Technology in Germany on topics of Agent-Based simulation applied to Energy Markets.