Dominic Dave Pacaba
Melbourne, Victoria, Australia
660 followers
500+ connections
About
I am a person who loves strategy games. You have to be continuously adaptive and create a path towards your “win condition”. To understand the limits of your strategy, you need to know your exact calculations and allow you to have more options in your decisions and the risks and reward of each decision.
Working in electricity markets and the energy industry in general has allowed me to exercise the same analytical mindset that I use in strategy games to analyze data in a complex industry. The analysis I provide helps management understand the potential impacts of different decisions and the impacts of changes in the market conditions.
To help me do these types of analysis, I had to learn programming (VBA, Python, C#) and improve my excel skills on my own time. I have built tools ranging from manipulation of data to equilibrium models and market simulators.
As part of risk management and a certified Energy Risk Professional, my work doesn’t stop with the analysis of potential scenarios (using statistics) that I perform. Working with other teams when you have differing views of the same decision (which is common) is as important for the success of the business. Being on the same page on the potential risks is important to have a good working relationship.
Out of the office I always find time to learn new things not related to work, take on personal coding projects and unwind by playing video games and hanging out and travelling with my loving wife and family.
Specialties: Electricity Markets, Risk Management, Energy Risk, Market Risk, Market Analysis, Programming, Modelling, Statistical Analysis, Excel, VBA, Python, C#, Forecasting, Monte Carlo Simulation, Analytical Skills, Attention to Detail, Quantitative, Communication, Risk Analysis, Self-Motivated, Time Management
Activity
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💡 Insightful deep dive on #PPAs in the #NEM? ✅ 🧠 Thought-provoking discussions with #marketexperts? ✅ 🤝 Enriching #networking that leaves you…
💡 Insightful deep dive on #PPAs in the #NEM? ✅ 🧠 Thought-provoking discussions with #marketexperts? ✅ 🤝 Enriching #networking that leaves you…
Liked by Dominic Dave Pacaba
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IEMOP STATEMENT "Fully cognizant of the ERC’s mandate and significant role in the electric power industry, IEMOP is one with the entire industry in…
IEMOP STATEMENT "Fully cognizant of the ERC’s mandate and significant role in the electric power industry, IEMOP is one with the entire industry in…
Liked by Dominic Dave Pacaba
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👯 We are a team of over 700 professionals representing more than 60 nationalities. 👉 Aurora serves some of the world's most influential…
👯 We are a team of over 700 professionals representing more than 60 nationalities. 👉 Aurora serves some of the world's most influential…
Liked by Dominic Dave Pacaba
Experience
Education
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Activities and Societies: Electric Power Research Laboratory (EPRL), Institute of Integrated Electrical Engineers - Council of Student Chapters - University of the Philippines - Diliman (IIEE-CSC-UPD), University of the Philippines Students Association of Valuers of Energy Resources (UP SAVER)
- Major in Power Systems
- Engineering Research and Development for Technology Scholar
- Research specialized in Electricity Markets -
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Activities and Societies: Electric Power Research Laboratory (EPRL), Institute of Integrated Electrical Engineers - Council of Student Chapters - University of the Philippines - Diliman (IIEE-CSC-UPD), University of the Philippines Student Association of Valuers of Energy Resources (UP SAVER)
Licenses & Certifications
Publications
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Chance-constrained supply function equilibrium model of electricity markets with wind generation
TENCON 2014 - 2014 IEEE Region 10 Conference
The increase in wind generation in an electric power system also increases the uncertainty in supply and can affect how Generating Companies (GenCos) strategize in the electricity market thereby also affecting electricity prices. The study introduces a method for simulating the effects of different wind generation conditions on GenCo market strategy and on electricity market prices. A supply function equilibrium model is formulated for the electricity market, with a chance constraint added to…
The increase in wind generation in an electric power system also increases the uncertainty in supply and can affect how Generating Companies (GenCos) strategize in the electricity market thereby also affecting electricity prices. The study introduces a method for simulating the effects of different wind generation conditions on GenCo market strategy and on electricity market prices. A supply function equilibrium model is formulated for the electricity market, with a chance constraint added to accommodate the introduction of wind generation resources. The chance constraint used indicates the probability of the demand being satisfied by the supply, which translates to the probability of the amount of generation from wind resources. The study determines the effects of system confidence level, wind penetration level, wind probability parameters, and wind turbine parameters on the market clearing price, GenCo strategy, and GenCo market share. Although the increase in wind generation decreases the electricity market price, prices do not decrease proportionally with respect to increasing wind generation due to the changes in the strategies of GenCos.
Other authors -
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Multiagent-based market simulator for the wholesale electricity spot market
TENCON 2012 - 2012 IEEE Region 10 Conference
This study proposes an agent-based model to characterize and investigate the complex interaction between the physical network infrastructure of the power system and the economic behavior of the electricity market. Market clearing prices are determined by a single-sided auction where the profit-seeking behavior of a generation company is modeled using an autonomous adaptive agent capable of endogenously developing its own bidding strategies through a Roth-Erev reinforcement learning algorithm…
This study proposes an agent-based model to characterize and investigate the complex interaction between the physical network infrastructure of the power system and the economic behavior of the electricity market. Market clearing prices are determined by a single-sided auction where the profit-seeking behavior of a generation company is modeled using an autonomous adaptive agent capable of endogenously developing its own bidding strategies through a Roth-Erev reinforcement learning algorithm that determine their price and quantity offers in the hourly auction.
Other authors -
Courses
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ADVANCED POWER SYSTEM ANALYSIS
EE 152
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Advanced Mathematical Methods in Engineering I
ES 201
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COMPUTER ORGANIZATION
EEE 105
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Control Systems Theory
EEE 101
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Distribution Systems Automation
EE 197 J
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ELECTRIC CIRCUIT THEORY
EEE 33
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ELECTRIC POWER DISTRIBUTION SYSTEMS
EE 153
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ELECTRIC POWER MEASUREMENTS & EQUIPMENT CHARACTERIZATION
EE 146
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ELECTRICAL EQUIPMENT & DEVICES
EE 145
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ELECTRICAL MACHINE DYNAMICS AND CONTROL
EE 143
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ELECTRICAL MACHINE OPERATION AND CONTROL
EEE 44
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ELECTRONIC CIRCUITS I
EEE 51
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ELECTRONIC CIRCUITS PROTOTYPING LABORATORY
EEE 100
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Economic Operation of Power Systems
EE 358
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Electrical Measurements Laboratory
EEE 34
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Electrical System Design
EE 158
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Electromagnetic Fields I
EEE 23
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Electromechanical Energy Conversion
EEE 43
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Electronic Circuits Laboratory I
EEE 52
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Energy Planning
EgyE 251
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Energy Systems Modelling
EE 298 Y
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Fault Studies
EE 251
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INTRODUCTION TO ELECTRIC POWER SYSTEMS
EEE 103
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INTRODUCTION TO ELECTRICAL AND ELECTRONICS ENGINEERING
EEE 31
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INTRODUCTION TO POWER ELECTRONICS
EE 121
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Introduction to Communication Systems
EEE 107
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Introduction to Semiconductor Devices and Circuits
EEE 41
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New energy systems
EE 157
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PROGRAMMING APPLICATIONS IN ELECTRICAL AND ELECTRONICS ENGINEERING
EEE 13
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PROGRAMMING FUNDAMENTALS
EEE 11
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Power System Dynamics and Stability
EE 357
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Power System Reliability
EE 353
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Power Systems Operation & Control
EE 359
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Probability and Statistics for Electrical and Electronics Engineers
EEE 25
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Project Proposals, Inspection Trips, and Seminars
EEE 190
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Protective Relaying
EE 256
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SIGNALS AND SYSTEMS
EEE 35
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SWITCHING THEORY AND DIGITAL LOGIC DESIGN
EEE 21
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Semiconductor Devices and Circuits Laboratory
EEE 42
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Seminar
EE 296
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Special Problems in Electrical Engineering
EE 198
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Statistical Design & Analysis for Engineers
IE 230
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Thesis
EE 300
Languages
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English
Native or bilingual proficiency
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Filipino
Native or bilingual proficiency
More activity by Dominic Dave
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📢 Did you hear that? Our inaugural Korean Power & Renewables Market Forecast is now live 🤩 Download here 👉 https://lnkd.in/euYBFr_E We are…
📢 Did you hear that? Our inaugural Korean Power & Renewables Market Forecast is now live 🤩 Download here 👉 https://lnkd.in/euYBFr_E We are…
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💡 What are the main opportunities and challenges in the #Korean #energymarket? ⭐ Read the full story here 👉 https://lnkd.in/e8PW-HHJ 🤔 What does…
💡 What are the main opportunities and challenges in the #Korean #energymarket? ⭐ Read the full story here 👉 https://lnkd.in/e8PW-HHJ 🤔 What does…
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💡 Aurora Energy Research is kicking off a three-part webinar series on the Philippines power system & grid in October & November. More details &…
💡 Aurora Energy Research is kicking off a three-part webinar series on the Philippines power system & grid in October & November. More details &…
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🚀 Join the Energy Revolution with Akaysha Energy! 🔋 🔋 🔋 Join Akaysha Energy, part of BlackRock's Global Renewable Power Fund, and be a key…
🚀 Join the Energy Revolution with Akaysha Energy! 🔋 🔋 🔋 Join Akaysha Energy, part of BlackRock's Global Renewable Power Fund, and be a key…
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🎇Aurora is officially live in Korea🎇 It's been a whirlwind 10 days for our Korean team. Having completed a #launchevent in Seoul and hosted 15…
🎇Aurora is officially live in Korea🎇 It's been a whirlwind 10 days for our Korean team. Having completed a #launchevent in Seoul and hosted 15…
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Unlock the Power of ORIGIN- Aurora's software offering 🚀 At Aurora Energy Research, ORIGIN continues to set the benchmark for excellence in modeling…
Unlock the Power of ORIGIN- Aurora's software offering 🚀 At Aurora Energy Research, ORIGIN continues to set the benchmark for excellence in modeling…
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