Background and activities

Leader Centre for Banking and Finance NTNU

Organizer PhD Summer School in Finance:

Research interests: 

- Banking and Finance (Green Finance, Capital Markets, Credit Migration, Financial Regulation, Interest Rate Modeling); 

- Energy and Commodity Finance (Pricing and Optimization of Electricity, Gas and Oil markets, Market Coupling, Electricity Trading)

- Methods and skills: Econometrics (applied and estimation): regime-switching models, time-varying quantile regression, time series;  Financial mathematics: random field modelling; Stochastic programming: production planning with applications to energy;


- 2019 Award by the Austrian Operations Research Society (Best Disertation Award Daniela Escobar) for joint research on "Recovering distortion functions from power futures".

- 2019 Simons Fellowship Isaac Newton Institute, Research Stay University of Cambridge.

- November 2016 – ECOMFIN Best Paper Award, Energy and Commodity Finance Conference, Paris.

- October 2013– DK Gupta Memorial Best Energy Paper Award 2013, Conference Energy Finance, Essen.

Research grants:

-  EU Grant Horizon 2020, +CityxChange (2018), (1`000`000 NOK) project partner:
-  Isaac Newton Institute (personal) EU grant: Simons Fellowship, Isaac Newton Institute, Research Stay University of Cambridge, 15 March—03 May 2019.
-  Grant offered by the Norwegian Finance Initiative (NFI) to build a PhD Summer School of Finance (2019) at NTNU Business School (50'000 USD)
-   NTNU Research Grant 6 million NOK (2 PhD positions financed for 3 years) (February 2018): Financial challenges for the integration of short term electricity markets with Stein-Erik Fleten
-  Research grant Adolf Øiens donasjonsfond (March 2018), 100`000 NOK, Energizing new computational frontiers
-  Swiss Federal Office of Energy SFOE, Research programme Energy-Economy-Society (EWG), 2016. Grant of 120’000 CHF for the research proposal: Econometric analysis of the determinants of electricity wholesale prices
-  Joint grant with the University of Vienna of 40’000 EUR (2010-2013) Energy Policies and Risk Management for the 21st Century

PhD students:

  • Ranik Raaen Wahlstrøm (quantitative finance) 

  • Wei Li (energy finance)

  • Christoph Halser (commodity finance)

  • postdoc: Marianna Russo

International Research Collaborations:

  • University of St. Gallen (Lehrauftrag)

  • University of Duisburg-Essen (Research Fellow)

  • University of Zürich

  • Universities of Oslo and Karlsruhe

Scientific, academic and artistic work

Displaying a selection of activities. See all publications in the database



  • Paraschiv, Florentina. (2019) Integration of renewable energies with impact on electricity trading. Faculty Collocvium . Karlsruhe Institute of Technology, Faculty of Economics; Karlsruhe. 2019-11-06 - 2019-11-07.
  • Paraschiv, Florentina. (2019) Reporting on the research track on "Pricing and optimization of intraday/day-ahead electricity and futures contracts" Mathematics for Energy Systems program, Isaac Newton Institute. 2019.
  • Paraschiv, Florentina. (2019) Webinar University of Cambridge, INI, Mathematics for Energy Systems Programme: Econometrics of Intraday Electricity Prices: Webinar: . Isaac Newton Institute, University of Cambridge; Cambridge UK. 2019-05-01.
  • Westgaard, Sjur; Paraschiv, Florentina; Ekern, Lina Lasessen; Naustdal, Ingrid; Roald, Malene. (2019) Forecasting Price Distributions in the German Electricity Market. International Financial Markets, Volume 1.






  • Gamze, Celik; Frauendorfer, Karl; Paraschiv, Florentina. (2014) Joint dynamics of European and American oil prices. Palgrave Macmillan. 2014. ISBN 978-1-137-37734-0.
  • Kovacevic, Raimund M.; Paraschiv, Florentina. (2014) Medium-term planning for thermal electricity production. OR Spectrum: quantitative approaches in management. vol. 36 (3).
  • Paraschiv, Florentina; Erni, David; Pietsch, Ralf. (2014) The impact of renewable energies on EEX day-ahead electricity prices. Energy Policy. vol. 73.
  • Paraschiv, Florentina; Mudry, Pierre Antoine. (2014) Stress testing techniques for portfolios of commodity futures, using extreme-value theory and copulas. 2014. ISBN 978-3-319-20429-1. Computational Management Science (682).




  • Paraschiv, Florentina. (2011) Modeling client rates and volumes of the non-maturing savings accounts. 2011. ISBN 978-3-258-07706-2.