Dalia Patino Echeverri, Gendell Assistant Professor of Energy Systems and Public Policy and Energy Initiative

Dr. Patino-Echeverri’s research focuses on public policy design for energy systems, with a particular emphasis on managing the risks arising from the uncertainties influencing the outcomes of government actions. Much of her current work focuses on the policies that affect capital investment decisions within the electricity industry, and the corresponding costs to society of electricity and air-emissions levels. Her models explore the effects of different government policies by representing the industry’s decisions under uncertainty on future technological advancements, fuel prices, and emissions regulations. This research incorporates various methodologies, including options valuation theory, stochastic dynamic optimization, simulation, statistical methods, and game theory. Recent projects include: 1) a study of how to provide mechanisms for investment in carbon capture and sequestration technologies; 2) research on public perceptions of different energy-environment tensions and costumer willingness to pay for solutions; 3) an investigation into the relative merits of biofuels relative to oil dependence; 4) the use of imprecise probabilities in decision making under uncertainty; and 5) the application of robust decision making for the design of energy policies under uncertainty.

Contact Info:

Office Location:	A150 LSRC
Office Phone:	(919) 613-7461
Email Address:

Education:

PhD	Carnegie Mellon University
MS	University of Andes (Colombia)
BS	University of Andes (Colombia)

Specialties:

energy
business and the environment
decision analysis
environmental policy
risk analysis
statistics

Research Interests: policy analysis for energy systems; decision making under uncertainty; risk management; and systems modeling.

Working Papers   (More Publications)

1. M.D.Ilic, S.Blumsack, D. Patino Echeverri and M. Jonker, Industry Regulators as Decision Makers, in Engineering Electricity Services of the Future (in review) (2008), Springer, 233 Spring Street, New York, NY 10013 USA
2. D. Patino Echeverri and B. Morel, An Options Theory Method to Value Electricity Financial Transmission Rights (2006), paper available at [asp]
3. D. Patino Echeverri, D. and B. Morel, The Fair Value of Operational Reliability, proceedings of the 7th IAEE European Energy Markets Conference (August, 2005), Bergen, Norway [pdf]
4. D. Patino Echeverri, Z. Wu, and M. Ilic, Clean Air and Affordable Electricity, proceedings of the Thirty-Sixth Annual North American Power Symposium (August, 2004), University of Idaho, Moscow, Idaho, U.S., CEIC 04-05 [htm]

Recent Publications   (More Publications)

1. Patiño-Echeverri, D., Hoppock, D., Reducing the Energy Penalty Costs of Postcombustion CCS Systems with Amine-Storage, Environ Sci & Technol, vol. 46 (January, 2012), pp. 1243-1252 [es202164h]  [abs]
2. Patiño-Echeverri, D., Hoppock, D., Reducing the average cost of CO2 capture by shutting-down the capture plant at times of high electricity prices, International Journal of Greenhouse Gas Control, vol. 9 (2012), pp. 410–418 [1-s2.0-S1750583612001016-main.pdf]  [abs]
3. Timothy S. Chung, Dalia Patino-Echeverri, Timothy L. Johnson, Expert assessments of retrofitting coal-fired power plants with carbon dioxide capture technologies, Energy Policy, vol. 39 (June, 2011), pp. 5609-5620 [038]
4. Mian,Y.; Patino-Echeverri,D.; Mian,F, Wind power in China: Understanding the mismatch between capacity and generation, Renewable Energy (2011) [013]
5. Hoppock, D.C.; Patiño-Echeverri, D, The Cost of Wind Energy: Comparing Distant Wind Resources to Local Resources in the Midwestern United States, Environ Sci & Technol (2010)

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