Financial Modelling and Economic Assessment of Emerging Low-Carbon Industrial Systems

This project focuses on developing financial and economic modelling frameworks to evaluate emerging low-carbon energy systems in industrial applications. The research will integrate system performance insights with techno-economic and cash flow analysis to assess capital investment, operating costs, and long-term economic viability. Different scenarios, including market variability and policy conditions, will be explored to understand their impact on system performance and investment outcomes. The study aims to support informed decision-making, risk assessment, and strategic planning for future sustainable energy infrastructure.

Interested candidates who satisfy the criteria above should provide the following to Prof Chong Meng Nan (Chong.Meng.Nan@monash.edu) in their application:

• A cover letter that outlines your skills and experience
• CV which includes your education background and your publication record (if any)
• Evidence of English proficiency test (if any) (eg: IELTS, TOEFL)

How To Apply

It is suggested that you first contact the main supervisor and provide them with your academic background and achievements to determine whether you are a 'fit' for this research topic. If you feel you are a 'fit', please click here to complete an Expression of Interest, including your research proposal relevant to this project. Your EoI will be assessed and if you are eligible you will be invited to apply for PhD candidature and may be selected to interview for the scholarship

IMPORTANT: Starting May 2026, the Expression of Interest process described above will no longer apply. Updated application instructions will be available on this page from 4 May 2026.

Funding Notes

Stipend and tuition waiver for students world wide.

Eligibility:

To be eligible for GRES, you must possess a minimum academic qualification of First Class Honours (H1) or its equivalence (H1E) recognised by Monash University Malaysia and satisfy the English language requirements.