Can green investors drive the transition to a low emissions economy? The project aims to develop a game-theoretical approach to model the impact of climate change on financial markets by studying the interactions between the government, companies and investors. Expected outcomes include novel solution concepts for stochastic games with heterogeneous beliefs, asymmetric information, and model uncertainty, as well as optimal investment and production strategies under climate driven economic transi ....Can green investors drive the transition to a low emissions economy? The project aims to develop a game-theoretical approach to model the impact of climate change on financial markets by studying the interactions between the government, companies and investors. Expected outcomes include novel solution concepts for stochastic games with heterogeneous beliefs, asymmetric information, and model uncertainty, as well as optimal investment and production strategies under climate driven economic transitions. Results will be used to validate and improve the recently launched Australian based climate transition index. The project should yield significant benefits for the financial industry and investors by providing novel insights into financial risks during the transition to a low emissions economy.Read moreRead less
Industrial Transformation Research Hubs - Grant ID: IH200100009
Funder
Australian Research Council
Funding Amount
$5,000,000.00
Summary
ARC Research Hub for Transforming Energy Infrastructure Through Digital Engineering. This Research Hub will harness the strengths of data-based and physics-based sciences to transform the operation of Australia’s offshore energy infrastructure. This essential research will create, use and embed observations of past and ongoing activity to engineer tools and approaches necessary to enhance our understanding of the offshore environment, optimise critical operations for existing facilities (includi ....ARC Research Hub for Transforming Energy Infrastructure Through Digital Engineering. This Research Hub will harness the strengths of data-based and physics-based sciences to transform the operation of Australia’s offshore energy infrastructure. This essential research will create, use and embed observations of past and ongoing activity to engineer tools and approaches necessary to enhance our understanding of the offshore environment, optimise critical operations for existing facilities (including installation and maintenance), and efficiently design future infrastructure. The integrated multidisciplinary approach will not only help Operators achieve high productivity through low downtime and optimised maintenance, but also demonstrate, in research and industry, the transformative potential of digital engineering.Read moreRead less
Computational methods for population-size-dependent branching processes. Branching processes are the primary mathematical tool used to model populations that evolve randomly in time. Most key results in the theory are derived under the simplifying assumption that individuals reproduce and die independently of each other. However, this assumption fails in most real-life situations, in particular when the environment has limited resources or when the habitat has a restricted capacity. This project ....Computational methods for population-size-dependent branching processes. Branching processes are the primary mathematical tool used to model populations that evolve randomly in time. Most key results in the theory are derived under the simplifying assumption that individuals reproduce and die independently of each other. However, this assumption fails in most real-life situations, in particular when the environment has limited resources or when the habitat has a restricted capacity. This project aims to develop novel and effective algorithmic techniques and statistical methods for a class of branching processes with dependences. We will use these results to study significant problems in the conservation of endangered island bird populations in Oceania, and to help inform their conservation management.Read moreRead less
New universality in stochastic systems. This project aims to uncover new analyses and effects in the complex behaviour of non-linear systems with random noise. Many systems originate near an unstable equilibrium. This project will develop a new mathematical theory that establishes a universality in the way the long term effect of noise expresses itself as random initial conditions in the dynamics. It will fill gaps in Mathematics and make refinements to existing fundamental scientific laws by in ....New universality in stochastic systems. This project aims to uncover new analyses and effects in the complex behaviour of non-linear systems with random noise. Many systems originate near an unstable equilibrium. This project will develop a new mathematical theory that establishes a universality in the way the long term effect of noise expresses itself as random initial conditions in the dynamics. It will fill gaps in Mathematics and make refinements to existing fundamental scientific laws by including random initial conditions as predicted by our theory. This will advance our understanding of complex systems subjected to noise and will provide significant benefits in the scientific discoveries in Biology, Ecology, Physics and other Sciences where such systems are frequently met.Read moreRead less
Industrial Transformation Training Centres - Grant ID: IC200100009
Funder
Australian Research Council
Funding Amount
$4,861,236.00
Summary
ARC Training Centre in Optimisation Technologies, Integrated Methodologies, and Applications (OPTIMA). OPTIMA addresses industry’s urgent need for decision-making tools for global competitiveness: reducing lead times, and financial and environmental costs, while improving efficiency, quality, and agility. Despite strong expertise in academia, industry is yet to fully benefit from optimisation technology due to its high barrier to entry. Connecting industry partners with world-leading interdiscip ....ARC Training Centre in Optimisation Technologies, Integrated Methodologies, and Applications (OPTIMA). OPTIMA addresses industry’s urgent need for decision-making tools for global competitiveness: reducing lead times, and financial and environmental costs, while improving efficiency, quality, and agility. Despite strong expertise in academia, industry is yet to fully benefit from optimisation technology due to its high barrier to entry. Connecting industry partners with world-leading interdisciplinary researchers and talented students, OPTIMA will advance an industry-ready optimisation toolkit, while training a new generation of industry practitioners and over 120 young researchers, vanguarding a highly skilled workforce of change agents for transformation of the advanced manufacturing, energy resources, and critical infrastructure sectors.Read moreRead less
Mathematics for breaking limits of speed and density in magnetic memories. The aim of this project is to develop a mathematical theory and numerical models of stochastic partial differential equations for magnetic nano-structures. Such materials will yield next-generation magnetic memories with up to three orders of magnitude faster switching speeds and dramatically increased data storage density. New mathematical theories will help understand their sensitivity to small random fluctuations that ....Mathematics for breaking limits of speed and density in magnetic memories. The aim of this project is to develop a mathematical theory and numerical models of stochastic partial differential equations for magnetic nano-structures. Such materials will yield next-generation magnetic memories with up to three orders of magnitude faster switching speeds and dramatically increased data storage density. New mathematical theories will help understand their sensitivity to small random fluctuations that can destroy stored information. This project aims to revolutionise mathematical modelling of magnetic memories and put Australia at the forefront of international research. Technological advances to create much smaller and faster memory devices are expected to enable groundbreaking ways of managing and mining big data.Read moreRead less
Mathematics for future magnetic devices. The aim of this project is to develop a mathematical theory and numerical models of stochastic partial differential
equations for magnetic nano-structures. Such materials will yield next-generation magnetic memories with up to
three orders of magnitude faster switching speeds and dramatically increased data storage density. New
mathematical theories will help understand their sensitivity to small random fluctuations that can destroy stored
information. Th ....Mathematics for future magnetic devices. The aim of this project is to develop a mathematical theory and numerical models of stochastic partial differential
equations for magnetic nano-structures. Such materials will yield next-generation magnetic memories with up to
three orders of magnitude faster switching speeds and dramatically increased data storage density. New
mathematical theories will help understand their sensitivity to small random fluctuations that can destroy stored
information. This project aims to revolutionise mathematical modelling of magnetic memories and put Australia at
the forefront of international research. Technological advances to create much smaller and faster memory devices
are expected to enable groundbreaking ways of managing and mining big dataRead moreRead less
Enabling three dimensional stochastic geological modelling. This project aims to develop technologies to mitigate three dimensional (3D) geological risk in resources management. This project expects to create new knowledge and methods in the field of 3D geological modelling through the innovative application of mathematical methods, structural geology concepts and probabilistic programming. The expected outcomes are an enhanced capability to model the subsurface, characterise model uncertainty a ....Enabling three dimensional stochastic geological modelling. This project aims to develop technologies to mitigate three dimensional (3D) geological risk in resources management. This project expects to create new knowledge and methods in the field of 3D geological modelling through the innovative application of mathematical methods, structural geology concepts and probabilistic programming. The expected outcomes are an enhanced capability to model the subsurface, characterise model uncertainty and test multiple geological scenarios. This enhanced capability is important for the future of Australia's subsurface management, including urban geology and our continuously growing sustainable resources industry.Read moreRead less
Three-dimensional Bayesian Modelling of Geological and Geophysical data. The project aims to develop technologies enabling rapid informed decision-making related to the management of natural resources, including critical metals, copper and water. This new technology will support a greener future, securing our energy future, our access to clean water and reduce the mining footprint. Expected outcomes include an enhanced capability in interoperable, integrated three-dimensional geological and geop ....Three-dimensional Bayesian Modelling of Geological and Geophysical data. The project aims to develop technologies enabling rapid informed decision-making related to the management of natural resources, including critical metals, copper and water. This new technology will support a greener future, securing our energy future, our access to clean water and reduce the mining footprint. Expected outcomes include an enhanced capability in interoperable, integrated three-dimensional geological and geophysical modelling in order to predictively characterise sub-surface geology. The outcome will be an open-source forecasting dashboard enabling decision making while considering underlying risk related to resource extractions and management with significant benefits to the Australian society (lower emissions, clean water).Read moreRead less
Sewer corrosion reduction through model-supported ventilation control. Ventilation is one of the key technologies for sewer corrosion control. However, its design and operation are currently based on experience and empirical equations, often leading to unsatisfactory results. By integrating in-depth laboratory and pilot-sewer studies under defined conditions with extensive field investigations, this multidisciplinary project aims to develop critical models to predict the corrosion process in res ....Sewer corrosion reduction through model-supported ventilation control. Ventilation is one of the key technologies for sewer corrosion control. However, its design and operation are currently based on experience and empirical equations, often leading to unsatisfactory results. By integrating in-depth laboratory and pilot-sewer studies under defined conditions with extensive field investigations, this multidisciplinary project aims to develop critical models to predict the corrosion process in response to ventilation and dynamic wastewater and atmospheric conditions, enabling model-based sewer ventilation design and operation. The project also aims to deliver novel, field-demonstrated ventilation strategies. The project findings will be incorporated in the Australian ventilation design and operation guidelines.Read moreRead less