Amrita School of Business Hosts Insightful Seminar on “Renewable Energy and Climate Change” by Dr. Chandra Kiran B. Krishnamurthy

Amrita School Of Business, Coimbatore had the pleasure of hosting Dr. Chandra Kiran B Krishnamurthy from the Swedish University of Agricultural Sciences for a thought-provoking research seminar titled “Renewable Energy and Climate Change – Electricity Markets with Speculative Storage” on 31st July 2025.

Dr. Krishnamurthy highlighted the necessity for a zero-carbon electricity system, emphasizing the growing share of renewables and the challenges they bring to electricity market stability. The session featured in-depth discussions on market clearing mechanisms, agent behavior, and theoretical analyses. 

Dr. Krishnamurthy presented both theoretical and quantitative insights that includes: 

• Conditions for stable market equilibrium. 
• The shape of the market supply curve. 
• Relationships between storage paths, price paths, consumer preferences, and market risks. 

The session also sparked insightful discussions around consumer behavior patterns, particularly regarding electric vehicles, the decision variables in the model, simulation used, and the applicability in India’s power generation and storage.