NEW COOPERATIVE AGREEMENT TO PRINCETON UNIVERSITY IN ACCORDANCE WITH ARPA-E FOA NUMBER DE-FOA-0002171 (PERFORM)AND APPLICATION CONTROL NUMBER 2171-1603. PROJECT TITLE: ''STOCHASTIC MODELS, INDICES & OPTIMIZATION ALGORITHMS FOR PRICING & HEDGING RELIABILITY RISKS IN MODERN POWER GRIDS'' THE APPLICANT PROPOSES TO ADAPT THE SCIENCE OF RISK MEASURES,CREDIT RATINGS AND ACTUARIAL PRODUCTS TO QUANTIFY THE IMPACT OF UNCERTAINTIES OF RENEWABLES PRODUCTION, LOAD AND DERS ON ELECTRICITY MARKET OPERATIONS.