Iason Stamatiadis

Iason Stamatiadis

New York, New York, United States
881 followers 500+ connections

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Experience

  • Boston Consulting Group (BCG) Graphic

    Boston Consulting Group (BCG)

    New York, United States

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    New York, United States

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    New York, United States

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    Greater New York City Area

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    New York

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    New York

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    Athens, Greece

Education

Projects

  • Integration of Renewable Electricity Generating Sources and Storage Technologies in Islanded Microgrids: The Case of Sao Vicente

    Using electricity consumption data for the island of Sao Vicente in the archipelago of Cape Verde, we developed an linear optimization model for asset allocation. Considering fixed investment amounts, in increasing increments of $1 MM, $5 MM, $10 MM, $15 MM, and $20 MM, we examined the asset allocation if only renewable energy sources are considered, and if a mix of renewable energy sources and storage is considered. We used solar and wind as the renewable energy sources, and used PHS and…

    Using electricity consumption data for the island of Sao Vicente in the archipelago of Cape Verde, we developed an linear optimization model for asset allocation. Considering fixed investment amounts, in increasing increments of $1 MM, $5 MM, $10 MM, $15 MM, and $20 MM, we examined the asset allocation if only renewable energy sources are considered, and if a mix of renewable energy sources and storage is considered. We used solar and wind as the renewable energy sources, and used PHS and Li-ion batteries as our storage technologies. Our objective function was a maximization of curtailed capacity factors for the renewable technologies. Our constraints included meeting island demand every hour of the year, while also capping the installment of turbines and solar panels. In the results we found that in higher investment amounts, the model did install some storage technologies but with limited effects on capacity factors. Where the model did find a significant effect was in reducing the load of the diesel generators on the islands through the installation of storage. We were thus able to reduce peak load for the generators by 9% by capping their maximum output and deploying storage to bridge demand. While the results are specific to the island of Sao Vicente, we see definite benefits in applying this methodology to other microgrids, with different technology mixes, investment sums and input parameters.

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Honors & Awards

  • John Couloucoundis Prize

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  • Summa Cum Laude

    University of Pennsylvania

Languages

  • Greek

    Native or bilingual proficiency

  • English

    Full professional proficiency

  • Spanish

    Limited working proficiency

  • French

    Limited working proficiency

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