
- This event has passed.
Sustainable Systems Seminar Lunch Series – Addressing decarbonization strategies through a game theory perspective
January 30 @ 8:00 pm - 9:00 pm
The central topic of this seminar is modeling approaches to facilitate resource conservation and a just energy transition. Potential subtopics are an emerging technology’s potential for scaling, life-cycle assessment for measuring social and environmental impacts, uncertainty quantification, and economic modeling for the energy transition. Our goal is to create an intimate, collaborative space for students, postdocs, scientists, and PIs within the Stanford techno-economic modeling and systems modeling community. These seminars will provide an opportunity to disseminate insights from your studies, connect with fellow researchers, and strengthen bonds across the community.
This week’s speaker is:
Karan Bhuwalka, Staff Research Engineer, Stanford Precourt Institute for Energy.
“Addressing decarbonization strategies through a game theory perspective”
In this talk, Karan Bhuwalka will discuss how a game theory modeling approach to firms’ decision-making can lead to environmental outcomes significantly different from those predicted by system optimization. Karan will present results from a model of four mining companies making production decisions, to show how competitive behavior can lead to overproduction, higher emissions and reduced profits. Analysis will focus on how well-designed policies can prevent excessive impacts.
Karan Bhuwalka is a Staff Research Engineer at Stanford University’s Precourt Institute for Energy. He leads the materials supply chain modeling for STEER, a collaboration between Precourt and the SLAC National Lab conducting techno-economic systems analysis to guide investment, innovation, and policy for the energy transition. . His research focuses on how to build a sustainable and resilient supply chain for materials needed in the energy transition. Karan earned his PhD in Mechanical Engineering and MS in Technology Policy from the Massachusetts Institute of Technology