Background and activities
- Energy systems, markets and infrastructure.
- Transition to low carbon energy sector and society.
- Decision making under uncertainty - stochastic modeling and algorithms.
- 2016/09 - present: Professor of Managerial Economics, NTNU
- 2017/10 - 2023/06: Academic coordinator Master's in Sustainable Energy Systems and Management (SESAM)
- 2021/10 - present: Consultant with Environmental Defense Fund, modeling and policy analysis to reduce methane emissions in natural gas and oil markets.
- 2013/06 - 2016/09: Associate Professor of Managerial Economics, NTNU
- 2013/01 - present: Research Fellow, DIW Berlin (The German Institute for Economic Research)
- 2016/04 - present: Associate Editor Energy Strategy Reviews
- 2015/02 - 2017/09: Head of Research Section Managerial Economics, Finance and Operations Research, Department of Industrial Economics and Technology Management, NTNU
- 2011/01 - 2018/02: (Senior) Researcher, SINTEF Industry, Trondheim
- 2011/01 - 2013/05: Postdoc, Industrial Economics and Technology Management, NTNU & SINTEF Technology and Society
- 2005/08 - 2010/11: PhD, Civil and Environmental Engineering, University of Maryland, USA
- 2002/11 - 2005/04: Scientific Researcher, Energy Research Centre of the Netherlands, Amsterdam, NLD
- 1998/03 - 2002/09: Operations Research Consultant, ORTEC Consultants b.v., Gouda, NLD
- 1991/08 - 1997/10: Masters of Business Econometrics, Vrije Universiteit, Amsterdam, NLD
- 2019-2023 H2020 OpenENTRANCE open ENergy TRansition ANalyses for a low-Carbon Economy https://www.openentrance.eu/
- 2019-2027 FME NTRANS Norwegian Centre for Energy Transition Strategies https://www.ntnu.no/ntrans
- 2016-2019 H2020 SET-Nav, Navigating the Roadmap for Clean, Secure and Efficient Energy Innovation (EC H2020 LCE-21), leader of work package "Comparative Assessment: technology and policy options and pathways"
Sustainable Energy Systems and Markets TIØ 4580 https://www.ntnu.edu/studies/courses/TIØ4580
Industrial Economic Analysis TIØ 4118 http://www.ntnu.edu/studies/courses/TIØ4118
Experts in Team work - Renewable Energy Management TIØ 4855 http://www.ntnu.no/eit/tio4855
Production and Network Economics TIØ 4285 http://www.ntnu.edu/studies/courses/TIØ4285
- Thorsten Burandt, PhD Candidate at NTNU and TU Berlin, supervisor, Energy Systems (2017-E2021)
- Ulf Johansson, PhD Candidate at NTNU, main supervisor, Regional Economic Policy, (2013-2019)
- Pedro Crespo del Granado, Post doc at NTNU, main supervisor, Energy Systems (2017-2018)
- Hector Maranon-Ledesma, PhD Candidate at NTNU, co-supervisor, Energy Systems, (2015-E2020)
- Vegard Bjerketvedt, PhD Candidate at NTNU, co-supervisor, Carbon Capture and Storage (2018-E2021)
- Several master student groups at NTNU.
PhD Defense committees:
- Daniel Huppmann, June 2014, DIW Berlin.
- Tobias Baltensperger, Sept 2015, ETH Zurich
- Pao-Yu Oei, Dec 2015, TU Berlin
- Mauro Vicarro, Jan 2017, Basillicata, Italy
- Stig Ottesen, Mar 2017, NTNU
- Florian Perrotton, Dec 2017, Université Paris Nanterre, France
- Angel Gonzalez, Dec 2017, USC, Santiago De Compostela, Spain
- April 2020E, DTU, Denmark
Research profiles online:
- TIØ4285 - Production- and Network Economics
- TIØ4585 - Energy Market Design and Policy, Specialization Course
- TIØ4580 - Sustainable Energy Systems and Markets; Specialization Project
- TIØ4118 - Industrial Economic Analysis
- TIØ4500 - Managerial Economics and Operations Research, Specialization Project
- TIØ4905 - Managerial Economics and Operations Research, Master's Thesis
Scientific, academic and artistic work
Displaying a selection of activities. See all publications in the database
- (2021) Freedom Gas to Europe: Scenarios Analyzed Using the Global Gas Model. Research In International Business and Finance. vol. 58.
- (2021) Seasonal storage and demand side management in district heating systems with demand uncertainty. Applied Energy. vol. 285.
- (2020) Stranded Assets, and the Role of Biomass and Hydrogen in the European Energy Transition. IAEE Energy Forum. vol. Q1.
- (2020) Solving oligopolistic equilibrium problems with convex optimization. European Journal of Operational Research. vol. 284.
- (2020) Spatial flexibility in redispatch: Supporting low carbon energy systems with Power-to-Gas. Applied Energy. vol. 283.
- (2019) Regional Wage Responsiveness to Unemployment - Rural-Urban Heterogeneity and Policy Implications. Labour. vol. 33 (3).
- (2019) Prosumer integration in wholesale electricity markets: Synergies of peer-to-peer trade and residential storage. Energy and Buildings. vol. 184.
- (2018) Batteries and Electricity Market Design for Residential Prosumers. IAEE International Conference.
- (2018) Norway’s role in the European Energy Transition. Energy Strategy Reviews. vol. 20.
- (2018) Regional policy and the role of interregional trade data: policy simulations with a model for Norway. Regional Studies, Regional Science. vol. 5 (1).
- (2018) Local electricity market designs for peer-to-peer trading: The role of battery flexibility. Applied Energy. vol. 229.
- (2017) Risk aversion in imperfect natural gas markets. European Journal of Operational Research. vol. 259 (1).
- (2016) Linear decision rules for hydropower scheduling under uncertainty. IEEE Transactions on Power Systems. vol. 32 (1).
- (2016) Risks in global natural gas markets: Investment, hedging and trade. Energy Policy. vol. 94.
- (2016) Stochastic Modeling of Natural Gas Infrastructure Development in Europe under Demand Uncertainty. Energy Journal. vol. 37 (SI3).
- (2016) The role of natural gas in a low-carbon Europe: Infrastructure and supply security. Energy Journal. vol. 37 (SI3).
- (2016) The role of transmission and energy storage for integrating large shares of renewables in Europe. IAEE Energy Forum. vol. Q1.
- (2015) The Role of China in the Global Natural Gas Market. ESI Bulletin - National University of Singapore. vol. 8 (1).
- (2015) A global perspective on the future of natural gas: Resources, trade, and climate constraints. Review of Environmental Economics and Policy. vol. 9 (1).
- (2014) Stochastic Mixed-Integer Programming for Integrated Portfolio Planning in the LNG Supply Chain. Energy Journal. vol. 35 (1).
- (2014) Erratum: Benders Decomposition for multi-stage stochastic mixed complementarity problems - Applied to a global natural gas market model (European Journal of Operational Research (2013) 226 (341-353)). European Journal of Operational Research. vol. 239 (3).
- (2014) Market power, fuel substitution and infrastructure - A large-scale equilibrium model of global energy markets. Energy. vol. 75.
- (2013) Benders Decomposition for multi-stage stochastic mixed complementarity problems - Applied to a global natural gas market model. European Journal of Operational Research. vol. 226 (2).
- (2013) Drivers, trends, and uncertainty in long-term price projections for energy management in public buildings. Energy Policy. vol. 62.
- (2012) Cartelization in Gas Markets: Studying the Potential for a “Gas OPEC”. Energy Economics. vol. 34 (1).
- (2011) Quantitative Natural Gas Market Models: No Story Without Numbers, No Numbers Without a Story. EDI Quarterly. vol. 3 (3).
Part of book/report
- (2019) Modelling TSO-DSO coordination: The value of distributed flexible resources to the power system. 2019 16th International Conference on the European Energy Market - EEM 2019.
- (2019) European Natural Gas Infrastructure in the Energy Transition. 2019 16th International Conference on the European Energy Market - EEM 2019.
- (2017) Stochastic modeling of imperfect markets. Stochastic Programming: Theory, Applications and Impacts.
- (2015) BLOMST - An Optimization Model for the Bioenergy Supply Chain. Handbook of Bioenergy.
- (2014) Feasibility of Linear Decision Rules for Hydropower Scheduling. 2014 International Conference on Probabilistic Methods Applied to Power Systems (PMAPS).
- (2012) Investigating a CO2 Tax and a Nuclear Phase Out with a Multi-Fuel Market Equilibrium Model. 2012 9th International Conference on the European Energy Market (EEM 2012).
- (2012) LNGPlanner - Mathematical Model Description. 2012. ISBN 978-82-14-05481-1.
- (2019) Challenges and Opportunities for Natural Gas in the Energy Transition. 2nd Paris international conference on the economics of natural gas . Paris-Dauphine University; Paris. 2019-06-21 - 2019-06-21.
- (2019) The Role of Natural Gas in an Electrifying Europe. SET-NAV Final Policy Event . SET-Nav project; Brussels. 2019-03-20 - 2019-03-20.
- (2019) Uncertainties in (European) Natural Gas Markets. Abschluss-workshop des BMWi-Projektes LKD-EU - Langfristige Planung und kurzfristige Optimierung des Elektrizitätssystems in Deutschland im europäischen Kontext . TU Berlin; Berlin. 2019-02-27 - 2019-02-27.
- (2019) Effects of pathways scenarios on the gas infrastructure. H2020 SET-NAV Final Conference . SET-Nav project; Brussels. 2019-03-21 - 2019-03-21.
- (2018) Energy Scenarios and Methodological Developments. 41st IAEE International Conference . International Association for Energy Economics; Groningen. 2018-06-10 - 2018-06-13.
- (2018) Risk aversion in energy markets. International Conference on Computational Management Science . NTNU, CMS Journal, EURO Working Groups Stoch Optim; Trondheim. 2018-05-29 - 2018-05-31.
- (2018) The role of natural gas in the European energy transition. 12th Conference on Energy Economics and Technology - ENERDAY . Technical University Dresden; Dresden. 2018-04-27 - 2018-04-27.
- (2017) Insights in the LCE 21 projects Linking models. Energy Modeling Platform - Europe . Reiner Lemoine Institut, KTH, EC and others; Brussels. 2017-05-17 - 2017-05-18.
- (2017) Linking models in SET-Nav. Energy Modeling Platform - Europe . Reiner Lemoine Institut, KTH, EC and others; Brussels. 2017-05-17 - 2017-05-18.
- (2015) Challenges in Stochastic Equilibrium Modeling for Energy Markets. Automatic Control Seminar . ETH; Zurich. 2015-09-10 - 2015-09-10.
- (2015) Risk aversion in imperfect natural gas market - Shale gas investment in Poland and Ukraine. 17th British-French-German (BFG) Conference on Optimization . Imperial College London; London. 2015-06-16 - 2015-06-16.
- (2014) Practical insights from a global multi-energy market and infrastructure model. CenSES Årskonferanse 2014 . CenSES; Oslo. 2014-12-04 - 2014-12-05.
- (2014) Role of China in the world gas market. China Energy Forum 2014 ; 2014-10-02 - 2014-10-03.
- (2014) A multi-fuel market equilibrium model and case studies. Seminar . DTU Dept of Management Engineering, Systems Analysis Group; Copenhagen. 2014-04-11 - 2014-04-11.
- (2014) The Role of China in the Global Natural Gas Market. Forum: Opportunities and Challenges in China’s Energy Development – Energy and Carbon Markets . Energy Studies Institute, National University of Singapore; Singapore. 2014-10-02 - 2014-10-03.
- (2013) An SCGE model integrating the energy system and the regional economy. CREE meets CenSES . Frisch Center; Oslo. 2013-10-24 - 2013-10-24.
- (2013) Benders Decomposition for solving multi-stage stochastic mixed complementarity problems. EURO/INFORMS 2013 26th European Conference on Operational Research . EURO & INFORMS; Rome. 2013-07-01 - 2013-07-04.
- (2013) Instruments of Climate and Energy Policy in a Multi-Fuel Market Equilibrium Model. Research Seminar of Environment, Resources, Climate Economics (RSERC) . TU Berlin & DIW Berlin; Berlin. 2013-11-28 - 2013-11-28.
- (2012) A rolling horizon heuristic for optimal trading in the LNG spot market. The Fifth Nordic Optimization Symposium . NTNU; Trondheim. 2012-06-07 - 2012-06-09.
- (2011) The Value of Flexibility and Optimal Trading Strategies in the LNG Supply Chain. INFORMS . INFORMS; Charlotte, NC. 2011-11-13 - 2011-11-16.