Universidad de los Andes, B.Sc. Electrical Engineering
New York University, M.A. Economics
Cornell University, Ph.D. Applied Economics and Management

Research Interests

Electricity markets
Power systems
Energy economics
Resource economics

Alberto Lamadrid is an associate professor in the Economics Department, part of the Integrated Networks for Electricity Research Cluster, and the Power from Ocean, Rivers, and Tides (PORT) Laboratory at Lehigh University.

His interests lie at the intersections of energy and electricity economics, complex stochastic dynamic systems, and mechanism design.

In his work so far he has focused on the development of methodologies and tools that allow to study the economic decision making processes in the electrical network for operations, planning and regulation with large scale penetration of renewable energy sources; and the analysis and design of resilient interdependent systems, and the recovery for communities post extreme disruption events, considering the interactions among electrical and transportation infrastructure, communications systems, and social structures in a probabilistic way.

His methods use continuous and discrete optimization, geographic information systems, statistical analysis and engineering models that reflect the physical behavior of the system.


  • Allocation of Resources using a Microgrid Formation Approach for Resilient Electric Grids," with Sedzro, K. and Zuluaga, L.F. Revise and Resubmit, second round, IEEE Transactions on Power Systems, 2017.
  • Generalized Minimax: A Self-enforcing Pricing Scheme for Load Aggregators," with Sedzro, K. and Chuah, M.C. IEEE Transactions on Smart Grid, 1949-3053, August 2016.
  • The Economic Value of Transmission Lines and the Implications for Planning Models," with Maneevitjit, S. and Mount, T.D. Energy Economics, 57, 1-15, June 2016.
  • A Robust Model for the Ramp-Constrained Economic Dispatch Problem with Uncertain Renewable Energy," with Moarefdoost, M.M. and Zuluaga, L.F. Energy Economics, 56, 310-325, May 2016.
  • Optimal use of energy storage systems with renewable energy sources." Journal of Electrical Power & Energy Systems, 71, 101-111, 2015.
  • Stochastically Optimized, Carbon-Reducing Dispatch of Storage, Generation, and Loads," with Shawhan, D.L., Murillo-Sanchez, C.E., Zimmerman, R.D., Zhu, Y., Tylavsky, D.J., Kindle, A.G. and Dar, Z. IEEE Transactions on Power Systems, 30 (2), 1064-1075, 2015.
  • Using Deferrable Demand in a Smart Grid to Reduce the Cost of Electricity for Customers," with Jeon, W.Y., Mo, J.Y. and Mount, T. Journal of Regulatory Economics, Volume 47, Issue 3, pp. 239-272, June 2015.
  • The Controllability of Real Things: Planning for Wind Integration," with Jeon, W.Y., Mo, J.Y. and Mount, T. The Electricity Journal, 28 (1), 19-28, 2015.
  • Is Deferrable Demand an Effective Alternative to Upgrading Transmission Capacity?," with Mount, T., Jeon, W. and Lu, H. Journal of Energy Engineering, 141 (1), B4014005 1-16, March 12, 2015.
  • Barriers to Increasing the Role of Demand Resources in Electricity Markets" with T. Mount, W. Jeon and H. Lu. Proceedings of the 47th Annual Hawaii International Conference on System Sciences (HICSS), IEEE Computer Society, Washington, DC, January 2013.
  • The Effect of Stochastic Wind Generation on Ramping Costs and the System Benefits of Storage" with T. Mount and W. Jeon. Proceedings of the 46th Annual Hawaii International Conference on System Sciences (HICSS), IEEE Computer Society, Washington, DC, January 2013.
  • Controllable Demand For Electricity Systems With High Wind Penetrations" with T. Mount, R. Zimmerman and D. Munoz-Alvarez. USAEE Dialogue, 21, January 2013.
  • Shale Gas Vs. Coal: Policy Implications From Environmental Impact Comparisons Of Shale Gas, Conventional Gas, And Coal On Air, Water, And Land In The United States," with Jenner, S. Energy Policy, 53, 442-453, 2013.
  • Ancillary Services in Systems with Penetration of Renewable Energy Sources, The Case of Ramping" with T. Mount. Energy Economics, 34, 1959-1971, 2012.
  • The Hidden System Costs of Wind Generation in a Deregulated Electricity Market" with T. Mount, S. Maneevitjit, B. Thomas and R. Zimmerman. The Energy Journal, 33 (1), 161-186, 2012.
  • "Wine in Your Knapsack" with J. Conrad and M. Gomez. Journal of Wine Economics, 6 (1), 83-110, 2011.
  • Evaluating the Net Benefits of Investing in New Wind and Transmission Capacity on a Network". with T. Mount, S. Maneevitjit., R.J. Thomas and R.D. Zimmerman. Proceedings of the 42nd Annual Hawaii International Conference on System Sciences (HICSS), IEEE Computer Society, Washington, DC, January 2009.


Personal Website (Lehigh) Personal Website (Cornell)