Program overview

Sunday 19 June Time Activity Venue

9:00 a.m. - 5:00 p.m. IAEE COUNCIL MEETING (BY INVITATION) 9th floor meeting room 9:00 a.m. – 1 1.45 a.m. WORKSHOP: ENHANCING ACADEMIC PRESENTATION SKILLS Aud. Jan Mossin 12:00 p.m. – 8:00 p.m. REGISTRATION Radisson Blu Royal Hotel 12:15 p.m. – 2:00 p.m. WORKSHOP: CAPACITY MARKETS AND SECURITY OF Aud. Agnar Sandmo ENERGY SUPPLY 1:15 p.m. – 5:00 p.m. SPECIAL PhD SESSION Aud. Jan Mossin

2:15 p.m. – 5:00 p.m. WORKSHOP: FUTURE OF UTILITIES – UTILITIES OF THE Aud. Agnar Sandmo FUTURE 6:00 p.m. – 8:00 p.m. OPENING RECEPTION Radisson Blu Royal Hotel – Kongesal 3 and 4

8:00 p.m. – 10:00 p.m. IAEE STUDENT HAPPY HOUR Radisson Blu Royal Hotel – Filini Bar

Monday 20 June Time Activity Venue

7:00 a.m. – 5:00 p.m. REGISTRATION NHH - Foyer 7:30 a.m. – 8:30 a.m. IAEE AFFLIATE LEADERS´ MEETING (BY INVITATION) Aud. 12 7:00 a.m. – 8:30 a.m. STUDENT MENTORING BREAKFAST Staff Canteen 8:30 a.m. – 9:00 a.m. PRESIDENT´S WELCOME AND INTRODUCTION Aud. Max 9:00 a.m. – 10:30 a.m. OPENING PLENARY SESSION: ENERGY AND Aud. Max & Aud. A - live video ENVIRONMENTAL POLICY FORMATION AND PRACTICE IN AN UNCERTAIN WORLD 10:30 a.m. – 10:45 a.m. COFFEE BREAK Mirror Room and Cafeteria 10:45 a.m. – 12:15 p.m. DUAL PLENARY SESSION: ENERGY AND THE ECONOMY: Aud. Max SENSITIVITY AND EXPECTATIONS 10:45 a.m. – 12:15 p.m. DUAL PLENARY SESSION: PETROLEUM MARKET Aud. A FUNDAMENTALS AND RISKS 12:15 p.m. – 1:15 p.m. LUNCH AND POSTER SESSION - MOUNT ULRIKEN 643 m Mirror Room and Cafeteria 1:15 p.m. – 3:00 p.m. CONCURRENT SESSIONS 1 - 12 See Pages 8 - 10 3:00 p.m. – 3:30 p.m. COFFEE BREAK Mirror Room and Cafeteria 3:30 p.m. – 5:15 p.m. CONCURRENT SESSIONS 13 - 24 See Pages 10 - 12 7:00 p.m. – 10:00 p.m. IAEE AWARDS BANQUET Grieghallen

4 Tuesday 21 June Time Activity Venue

7:30 a.m. – 5:30 p.m. REGISTRATION NHH - Foyer 7:30 a.m. – 8:30 a.m. EUROPEAN AFFILIATE LEADERS´ MEETING Aud. 12 (BY INVITATION)

7:30 a.m. – 8:30 a.m. EJ BOARD OF EDITORS MEETING (BY INVITATION) Aud. 13 8:30 a.m. – 10:00 a.m. PLENARY SESSION: TECHNOLOGICAL CHANGE AND Aud. Max & Aud. A - live video ENERGY IN TRANSPORT 10:00 a.m. – 10:30 a.m. COFFEE BREAK Mirror Room and Cafeteria 10:30 a.m. – 12:15 p.m. CONCURRENT SESSIONS 25 - 36 See Pages 12 - 14 12:15 p.m. – 1:15 p.m. LUNCH AND POSTER SESSION - MOUNT LØVSTAKKEN 477 m Mirror Room and Cafeteria 1:15 p.m. – 2:45 p.m. DUAL PLENARY SESSION: INSTITUTIONAL INVESTORS AND Aud. A THE ENERGY SECTOR

1:15 p.m. – 2:45 p.m. DUAL PLENARY SESSION: GAS, RUSSIA AND EUROPEAN Aud. D MARKETS

2:45 p.m. – 3:15 p.m. COFFEE BREAK Mirror Room and Cafeteria 3:15 p.m. – 5:00 p.m. CONCURRENT SESSIONS 37 – 48 See Pages 14 - 17 5:00 p.m. – 5:30 p.m. IAEE GENERAL MEMBERSHIP MEETING Aud. 24 7:00 p.m. – 8:00 p.m. IAEE NETWORKING RECEPTION Håkon´s Hall 7:00 p.m. – 10:00 p.m. IAEE STUDENT RECEPTION: VON TANGEN The Norwegian Fisheries Museum

Wednesday 22 June Time Activity Venue

7:30 a.m. – 5:30 p.m. REGISTRATION NHH - Foyer 7:30 a.m. – 8:30 a.m. 2017 SINGAPORE IAEE CONFERENCE PLANNING Aud. 12 MEETING 7:30 a.m – 8:30 a.m. EEEP EDITORS MEETING (BY INVITATION) Aud. 13 . 8:30 a.m. – 10:15 a.m. CONCURRENT SESSIONS 49 – 60 See Pages 17 - 19 10:15 a.m. – 10:45 a.m COFFEE BREAK Mirror Room and Cafeteria 10:45 a.m. – 12:30 p.m. CONCURRENT SESSIONS 61 – 71 See Pages 19 - 21 12:30 p.m. – 1:30 p.m. LUNCH Mirror Room and Cafeteria 1:30 p.m. – 3:00 p.m. DUAL PLENARY SESSION: FINANCIAL ASPECTS OF POWER Aud. A MARKETS 1:30 p.m. – 3:00 p.m. DUAL PLENARY SESSION: IN THE AFTERMATH OF Aud. D PARIS: WHAT HAS HAPPENED AND WHAT TO EXPECT 3:00 p.m. – 3:30 p.m. COFFEE BREAK Mirror Room and Cafeteria 3:30 p.m. – 5:00 p.m. CLOSING PLENARY SESSION: BUSINESS STRATEGIES FOR Aud. Max THE ENERGY SECTOR UNDER UNCERTAINTY: ROUND TABLE DISCUSSION AMONG BUSINESS LEADERS Thursday 23 June Time Activity Venue

9:00 a.m. – 5:00 p.m. TECHNICAL TOUR TO DALE AND SIMA HYDROELECTRIC Dale and Sima POWER PLANTS 10:00 a.m. – 3:00 p.m. TECHNICAL TOUR TO THE COMBINED HEAT AND Mongstad POWER PLANT AT MONGSTAD 5 Plenary Sessions

Monday 20 June Session Title Speakers

OPENING PLENARY SESSION: Einar Hope (Presiding) Professor, NHH - Norwegian School of Economics

ENERGY AND ENVIRONMENTAL Georgette Lalis First Councelor, Directorate-General for Energy of the European POLICY FORMATION AND Commission PRACTICE IN AN UNCERTAIN WORLD Wang Yi Vice President and Professor, Chinese Academy of Sciences (CAS) Member, Standing Committee of the National People’s Congress of China (NPC) 9:00 a.m. – 10:30 a.m. – Aud. Max Eldar Sætre President and Chief Executive Officer, Statoil

DUAL PLENARY SESSION: Thomas Sterner (Presiding) Professor, University of Gothenburg ENERGY AND THE ECONOMY: SENSITIVITY AND Hans-Werner Sinn Professor, Ludwig Maximilian University of Munich EXPECTATIONS Christoph Böhringer Professor, University of Oldenburg and Centre for European Economic Research(ZEW) 10:45 a.m. – 12:15 p.m. – Aud. Max James L. Sweeney Director of the Precourt Energy Efficiency Center, Professor, Stanford University

DUAL PLENARY SESSION: Klaus Mohn (Presiding) Professor, University of Stavanger PETROLEUM MARKET Amrita Sen Chief Oil Analyst, Energy Aspects FUNDAMENTALS AND RISKS James L. Smith Professor, Southern Methodist University 10:45 a.m. – 12:15 p.m. – Aud. A Paul Stevens Professor, University of Dundee, Chatham House, the Royal Institute of International Affairs

Tuesday 21 June Session Title Speakers

(Presiding) Professor, NHH - Norwegian School of PLENARY SESSION: Gunnar S. Eskeland Economics TECHNOLOGICAL CHANGE AND ENERGY IN TRANSPORT Benjamin Schlesinger President, BSA Energy

8:30 a.m. – 10:00 a.m. – Aud. Max Odd-Even Bustnes Director of Business Development, Tesla Motors

Michel Derdevet Member of the Executive Board, ENEDIS (Électricité Réseau Distribution France)

DUAL PLENARY SESSION: Espen Henriksen (Presiding) Professor, BI Norwegian School of Business INSTITUTIONAL INVESTORS Paal Bjørnestad State Secretary, Ministry of Finance, Norway AND THE ENERGY SECTOR Espen Eckbo Professor, Tuck School of Business and NHH - Norwegian School of 1:15 p.m. – 2:45 p.m. – Aud. A Economics

John Hassler Professor, Stockholm University 6 Arild Moe (Presiding) Senior Research Fellow, Fridtjof Nansen Institute DUAL PLENARY SESSION: GAS, RUSSIA AND EUROPEAN Tatiana Mitrova Head of Department, Energy Research Institute, Russian MARKETS Academy of Sciences

1:15 p.m. – 2:45 p.m – Aud. D James Henderson Senior Research Fellow, The Oxford Institute for Energy Studies

Andris Piebalgs Senior Fellow, Florence School of Regulation, European University Institute

Wednesday 22 June Session Title Speakers

DUAL PLENARY SESSION: John Parsons (Presiding) Senior Lecturer, MIT Sloan School of FINANCIAL ASPECTS OF Management and the MIT Center for Energy and Environmental Policy POWER MARKETS Research Norman C. Bay Chairman, US Federal Energy Regulatory Commission (FERC) 1:30 p.m – 3:00 p.m. – Aud. A Mar Reguant Assistant Professor, Northwestern University

Daniel Nordgren Director of Production Planning, Vattenfall

DUAL PLENARY SESSION: Gunnar S. Eskeland (Presiding) Professor, NHH - Norwegian School of IN THE AFTERMATH OF PARIS: Economics WHAT HAS HAPPENED AND Scott Barrett Professor, Columbia University WHAT TO EXPECT Bård Harstad Professor, University of Oslo 1:30 p.m. – 3:00 p.m. – Aud. D Ottmar EdenhoferProfessor, Potsdam Institute for Climate Impact Research, Potsdam

CLOSING PLENARY SESSION: Karel Beckman (Presiding) Editor-in-Chief, Energy Post BUSINESS STRATEGIES FOR THE ENERGY SECTOR UNDER Christian Rynning-Tønnesen President and CEO, Statkraft UNCERTAINTY: ROUND TABLE DISCUSSION AMONG David Hone Chief Climate Advisor, Shell BUSINESS LEADERS Fereidoon P. Sioshansi President, Menlo Energy Economics

3:30 p.m. – 5:00 p.m. – Aud. A Lucy Craig Vice-President Technology & Innovation, DNV GL- Energy

7 Concurrent Sessions

Forecasting Natural Gas Markets Between Chile Economic Instruments for the Energy Transition: CONCURRENT SESSIONS 1 - 12 and Argentina Under Developments of Fiscal Choices to Maximize Short-term Health Monday 20June, 1:15 p.m. - 3:00 p.m. Unconventional Gas and Expansion of LNG Benefits

p.m. Regasification Plants Désirée Vandenberghe 1. Decentralised PV and Other Systems (Aud. A) Mauro Chavez Rodriguez Johan Albrecht Eveline Vasquez Ghent University 3:00 Anne Neumann, Presiding Alexandre Koberle Chair for Economic Policy, Universität Potsdam Energy Planning Program COPPE/UFRJ Cost Uncertainty, Fariness and Political Support for

p.m. - p.m. Fabiola Rodriguez Subsidzing Renewables Regional Electricity System Modeling to Analyze the Innovaes Traub Stefan Impact of Storage Systems on a Renewable Energy Javier Bustos Helmut-Schmidt-Universität System Universidad Mayor Ole Kutzschbauch Christoph Kost Daniela Varela Helmut-Schmidt-University Sven Längle University of Buenos Aires

12 Mon. 1:15 Verena Jülch On the Relevance of Economic Expectations,

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1 Charlotte Senkpiel Diversification Option: Is it Vital for Russian Gas Ideological Identification, and Social Values and Fraunhofer Institute for Solar Energy Systems ISE Industry? Norms for the Acceptance of the German Energy Hazem Heswani Transition: A Micro-econometric Analysis Decentralized Generation and Storage Technologies Leeds Beckett University Andreas Ziegler in Future Energy Systems of Swiss Communities University of Kassel Mashael Yazdanie 3. Policies and Regulations in the Electricity Market

Concurrent S. Martin Densing (Aud. C) 5. Electricity Grid Financing & Regulation Paul Scherrer Institute (Aud. Finn Kydland) Stefan Ambec, Presiding Collaborative Consumption in Energy Issues – Professor, TSE-R / INRA Jerald Fletcher, Presiding PV-owners’ Preferences for Residential vs. Professor and Director, West Virginia University Community Battery Storage Systems Economic Impacts of Renewable Suppert Schemes Bernhard Kalkbrenner Georg Erdmann Persistent and Transient Productive Inefficiency in a Jutta Roosen Fernando Oster Regulated Industry: Electricity Distribution in TUM School of Management, Technical University of TU Berlin New Zealand Munich Massimo Filippini Operational Versus Managerial Flexibility: the Case ETH Zurich & USI Incentives from Network Charges for Self-supply of Renewable Energy Bill Greene with Small Scale PV Ludovic Gaudard New York University Christine Brandstätt University of Geneva and Imperial College London Giuliano Masiero Jacobs University Bremen Luca Taschini USI & University Bergamo London School of Economics and Political Science Storing the Sun: System Implications of Grid Franco Romerio Uncertainty in Benefit-cost Analysis of Smart Grid Defection University of Geneva Demonstration Projects in the U.S., China and Italy Ilan Momber Nihan Karali Samson Y Hadush Renewable Energy Deployment in EU Member Lawrence Berkeley National Laboratory Leonardo Meeus States and Energy Community Contracting Parties Gianluca Flego Vlerick Business School – A Comperative Review of Past Progress and Silvia Vitiello Potential Target Achivement by 2020 European Commission JRC 2. Natural Gas Markets and Transportation (Aud. B) Lukas Liebmann Chris Marnay Gustav Resch Lawrence Berkeley National Lab Katerina Shaton, Presiding TU Wien - Energy Economics Group Dong Zhang PhD Candidate, Molde University College Jiancheng Yu Decarbonizing Electricity Generation with State Grid Corp. of China Market Design to Provide Secure Gas Supplies Intermittent Sources of Energy before Shifting to State Measures Stefan Ambec Disincentive Regulation: Evidence for Ratchet Effect Chris Cuijpers Toulouse School of Economics Among German Electricity Distribution System Commission for Electricity and Gas Regulation Operators (CREG) Using General Equilibrium Models to Estimate the Michael Hellwig Rationing Cost in a Power System Dominik Schober The Relationship Between Regulatory Reform and Vinicius Botelho ZEW Centre for European Economic Research Pipeline Investment: The Case of the Japanese Research Associate, Fundacao Getulio Vargas / Ibre Natural Gas Industry Empirical Analysis of Local Opposition to New Satoru Hashimoto 4. Aspects of Public Choice (Aud. 14) Energy Infrastructure Teikyo University Johannes Reichl Koichiro Tezuka Ottar Skagen, Presiding Michael Schmidthaler Nihon University Senior Advisor, Statoil Energieinstitut JKU Linz Masahiro Ishii Klaus Moeltner Sofia University Who Should Pay for the Costs of the German Department of Agricultural and Applied Economics, Energy Transition? A Microeconometric Analysis of Virginia Tech Environmental Footprint of Gas Transportation: Preferences for Different Burden Sharing Rules Jed J Cohen LNG vs. Pipeline Elke Groh Virginia Tech Katerina Shaton Andreas Ziegler Harald M Hjelle University of Kassel Grid Financing Strategies in the Death Spiral: A Arild Hervik Simulation Based Analysis of Grid Tariff Designs Molde University College Economic and Environmental Impacts of Raising Merla D. Kubli Revenues for Climate Finance from Public Sources Zürich University of Applied Sciences & University of Jan Schneider St. Gallen University of Oldenburg

8 Market and Policy Risks for VRE Investment and How to Sell Renewable Electricity - Interactions 6. Intermittent Renewable Electricity Generation their Impacts on Effectiveness and Efficiency of of the Intraday and Day-Ahead Market Under (Aud. Jan Mossin) RES-E Policy Targets – An Agent-Based Modelling Uncertainty p.m. Approach Frank Obermüller Thomas Leautier, Presiding Matthias Reeg Andreas Knaut TSE Researcher, Toulouse School of Economics German Aerospace Center (DLR) - Systems Analysis Institute of Energy Economics, University of Cologne 3:00 and Technology Assessment Comparative Scenarios in Islanded Systems: Energy 10. Heat and Electricity (Aud. 23) Supply-storage Sizing Problem Applied to Electricity The Corporate Social Responsibility of Hydropower - p.m. and Mobility Companies in Alpine Regions – A Welfare-economic Benjamin Schlesinger, Presiding Rodica Loisel Approach President, Benjamin Schlesinger & Assoc LLC Lionel Lemiale Werner Hediger Université de Nantes, IEMN-IAE HTW Chur CHP Plant Operation and Electricity Market Prices – Analytical Insights and Large-Scale Model Solar, Wind and Market Power in a Hydro Based 1:15 Mon. 12

8. Innovations and Technologies Application - 1

Grid (Aud. Terje Hansen) Björn Felten Stephen Poletti Research Associate, University of Duisburg-Essen Mina Gholami Roger Fouquet, Presiding University of Auckland Professor, Grantham Research Inst LSE Residential Energy Efficiency and European Carbon Policies: A CGE-analysis with Bottom-up Impact of Variable Renewable Energy Production on Life Cycle Analyses of End-User Electricity Information on Energy Efficiency Technologies S. Concurrent Electricity Prices Through a Modeling Approach Generation in Ten Major European Countries Orvika Rosnes Cyril Martin de Lagarde Gorkem F Uctug Brita Bye Anna Creti Gizem Alevli Taran Fæhn Université Paris-Dauphine Bahcesehir University Statistics Norway Christophe Bonnery ERDF The Welfare Effects of Energy Services and Technol- Endogenous Power and Heat Generation Modelling Frédéric Lantz ogies (1700-2010) in various CHP Plant Types IFP EN, IFP School Roger Fouquet Andreas Bloess London School of Economics and Political Science DIW Berlin Electricity Storage and Flexibility Requirements on (LSE) the Road to Decarbonization in European Electricity Status-quo Bias and Consumers’ Willingness to Pay Clemens Gerbaulet Technology Implications for an Integrated European for Green Electricity: A Discrete Choice Experiment Casimir Lorenz Bioeconomy With Real Economic Incentives TU Berlin Fabian Schipfer Fabian Grabicki Reinhard Haas Roland Menges Estimating Emissions Offsets of Intermittent Renew- Lukas Kranzl Clausthal University of Technology able Energy Energy Economics Group Miguel A Castro Technical-Economic Potential of PV Systems on Michigan State University Structuring Public Support for Radical Low-Carbon Colombian Residential Sector Innovation in the Materials Sector: Bridging the Rosa Esperanza González Mahecha 7. Financial Risk and Electricity Markets Valley of Death André Lucena (Aud. Agnar Sandmo) Vera Zipperer Alexandre Szklo Karsten Neuhoff Raul Miranda Patrick Narbel, Presiding DIW Berlin PPE/COPPE Partner, ADAPT Consulting AS Gregory Nemet Ferreira Paula University of Wisconsin-Madison Universidade do Minho Financial Arbitrage and Efficient Dispatch in Wholesale Electricity Markets Multinational Innovation, Product Life Cycles and 11. Prospects for Nuclear Power (Aud. 22) John E Parsons Intellectual Property Rights Protection: Which is the MIT Sloan School of Management Best Place to Invent Something? Christian von Hirschhausen, Presiding Cathleen Colbert Giulia Valacchi Professor, TU Berlin California ISO IHEID Erin Mastrangelo Phasing Out Nuclear Power in Europe Jeremy Larrieu 9. IAEE Best Student Paper Award Session Rolf Golombek Taylor Martin (Aud. 24) Hilde H Le Tissier FERC Frisch Centre Knut Einar Rosendahl, Presiding Finn R Aune Zero-Variable Cost Power Systems: Implications for Professor, Norwegian Univ. of Life Science Statistics Norway Electricity Market Design and Capacity Investments Jesse D Jenkins Carbon Taxes, Oil Monopoly and Petrodollar Ambiguity Aversion and the Expected Cost of Rare Nestor Sepulveda Recycling Energy Disasters: An Application to Nuclear Power Massachusetts Institute of Technology Waldemar Marz Accidents Fernando J de Sisternes Johannes Pfeiffer Romain Bizet Argonne National Laboratory IFO Institute for Economic Research at the University François Lévêque of Munich Mines ParisTech - CERNA Centre for Industrial Risk Exposure in Electricity Markets: The Need for Economics Intra-day Hedging Estimating the Potential for Electricity Savings in Raphaël Homayoun Boroumand Households Logistics of Dismantling Nuclear Power Plants - Associate Professor of Economics, PSB Paris School Nina Boogen A Model-Based Analysis of Low- and of Business ETH Zurich, Center of Economic Research Intermediate-Level Waste Management in Germany (CER-ETH) Tim Scherwath German Institute for Economic Research (DIW Berlin) Reliability, Congestion and Investment in Electricity Roman Mendelevitch Transmission Technische Universität Berlin (TU Berlin) Marten Ovaere KU Leuven, Department of Economics 9 Concurrent Sessions

Economic Aspects of Atomic Power in the 21st Analysing the Impact of Energy Regulation on Elec- 15. Renewable Energy Policy (Aud. C) Century – Old Questions, But New Insights tricity Retail Prices

p.m. Hannes Weigt Elisa Trujillo-Baute Adonis Yatchew, Presiding University Basel University of Warwick & Barcelona Institute of Professor, University of Toronto

5:15 Christian von Hirschhausen Economics, Chair of Energy Sustainability TU Berlin Pablo del Rio Assessing the Impact of Renewable Support Policies IPP-CSIC

p.m - p.m - Modelling Investors and Investment Decisions Decommissioning of Nuclear Power Plants and Pere Mir-Artigues Francesco Hipp Storage of Nuclear Waste - International Universitat de Lleida & Chair of Energy Sustainability Christoph Weber Comparison of Organisation Models and Policy University of Duisburg-Essen Perspectives Estimates from an Energy Demand System: Christian von Hirschhausen Evaluating the Effects of Electricity Price Change on Policies for Decarbonizing A Liberalized Power TU Berlin / DIW Berlin CO2 Emissions and Poverty in Germany Sector Ben Wealer Dragana Nikodinoska 24 Mon. 3:30 Mon. 24 David M Newbery

- Jan Paul Seidel Christian Albrechts University of Kiel, Germany Professor, EPRG, University of Cambridge TU Berlin Carsten Schröder 13 German Institute for Economic Research (DIW/SOEP) The Impact of Public Policies in the Renewables 12. Wind Power (Aud. 21) and Freie Universität Berlin, Germany Deployment: a Comparative Study Between Installed Capacity and Electricity Generation Jørgen Bjørndalen, Presiding Intertwining Sectoral Electricity Load Profiles at António C Marques EC Group AS City Level

Concurrent S. Concurrent Diogo A Pereira João P Gouveia José A Fuinhas Júlia Seixas Effects of Policies on Patenting in Wind Power University of Beira Interior Technologies Ana Mestre Joachim Schleich Lisandra Miguel p.m. Tradable Green Certificates vs. Feed-in tariffs: A CENSE, FCT NOVA Grenoble Ecole de Management Note on Risk Mario Ragwitz Kristin Linnerud

3:00 Malmquist Productivity Analysis Based on StoNED Rainer Walz Senior Researcher, CICERO Fraunhofer Institute Systems and Innovation Research Endre Bjørndal Xiaomei Cheng Stimulating Renewable Energy and Policy Design: p.m. - p.m. Mette Bjørndal Explaining the Slow Diffusion of New Renewable a Model Analysis of The Power Market NHH - Norwegian School of Economics Energy in the Argentine Electricity Market: A Wrong Yuyu Zeng Policy Mix or An Unfavourable Context? Machiel Mulder 14. Oil Markets and Trade (Aud. B) Germán Bersalli University of Groningen Grenoble-Alpes University Tatiana Mitrova, Presiding 12 Mon. 1:15 Mon. 12 16. Emission Pricing (Aud. 14)

- Has Wind Energy Forecasting Solved the Challenge Research Scholar CGEP, Columbia University 1

. Posed by Intermittency? Evidence from the United Jurgis Vilemas, Presiding Kingdom A Macroeconomic Analysis of Lifting the U.S. Crude Leading Scientist, Vytautas Magnus University Kevin F Forbes Export Ban Ernest M Zampelli Nida C Melek Does Emission Permits Allocation Affect Carbon The Catholic University of America Federal Reserve Bank of Kansas City Cost Passthrough? A Theoretical Analysis Concurrent S Concurrent Mine Yucel Mei Wang Paying the Premium? How Wind Power Policies Michael Plante Peng Zhou Impact the Financing Costs of Renewables Federal Reserve Bank of Dallas Nanjing University of Aeronautics and Astronautics Nils May Karsten Neuhoff Crude Oil Exports and Shipping Constraints in Market Power in Performance-based Permit Trading DIW Berlin the Global Market. Empirical Evidence Explaining Policies: Walk on the Thin Ice? Global Crude Price Differentials. Yihsu Chen Nearshore versus Offshore: Comparative Cost and Gregory B Upton University of California Santa Cruz Competitive Advantages Louisiana State University Center for Energy Studies Makoto Tanaka Henrik Klinge Jacobsen National Graduate Institute for Policy Studies Christoph Wolter Crude Inventory Accounting and Speculation in the Afzal S. Siddiqui Pablo Hevia-Koch Physical Oil Market University College London Technical University of Denmark Ivan Diaz-Rainey David Lont Unilateral Emission Pricing and OPEC’s Behaviour Helen Roberts CONCURRENT SESSIONS 13 - 24 Christoph Böhringer University of Otago Monday 20 June, 3:30 p.m. - 5:15 p.m. Jan Schneider University of Oldenburg Evolution of Prices and Margin in the Spanish Retail 13. Electricity Demand and Retail Prices (Aud. A) Knut Einar Rosendahl Automotive Fuels Market: What Do They Reflect? Norwegian University of Life Science Richard Green, Presiding Ignacio Contín-Pilart Universidad Pública de Navarra and INARBE Professor, Imperial College Business School Impacts of Carbon Prices on Competitiveness and Mª Blanca Palacios Windfall Profits Alejandro Bello The Impact of Electricity Price Liberalisation on Dominik Möst Universidad Pública de Navarra Bangladesh Economy Matthew Schmidt Sakib B. Amin Hannes Hobbie Presentation on Shell’s New Lens Scenarios and the North South University TU Dresden World Energy Model Anna Chroni Shell

10 17. Changing Wholesale Market Structures Rebound Effect for Household Energy Services in Environmental Regulations in Shipping: Policies (Aud. Finn Kydland) the UK Leaning Towards Scrubbers Entail Important

Mona Chitnis Penalties p.m. Finn Førsund, Presiding University of Surrey Haakon-Elizabeth Lindstad

Norwegian Marine Technology Research Institute - 5:15 Professor Emeritus, University of Oslo Roger Fouquet London School of Economics and Political Science MARINTEK AS Steve Sorrell Gunnar S Eskeland Optimizing The Mix and Structure of Successor - p.m University of Sussex NHH - Norwegian School of Economics Companies in Electricity Market Restructuring Dzikri Hakam Green Power Demand in the USA Daily Travel Carbon Emissions and Mitigation University of Dundee Leila Dagher Potential Analysis Using Individual Data in Beijing American University of Beirut Can Wang Hydropower and Nodal Pricing Yuan Yang Finn R Førsund 19. Investments and Real Options Tsinghua University Professor Emeritus, University of Oslo 3:30 Mon. 24

(Aud. Agnar Sandmo) Wenling Liu - Beijing Institute of Technology The RES-Induced Switching Effect Across Fossil 13 Fuels: an Analysis of the Italian Day-ahead and Thore Johnsen, Presiding Evaluating the Impacts of a Proposed Carbon Tax, Balancing Markets Professor, NHH - Norwegian School of Economics and Other Policies, in Washington State Lucia V Parisio Greg L Nothstein Matteo Pelagatti Policy Uncertainty and Real Options in Switching of Peak Generators Washington State Dept. of Commerce Angelica Gianfreda S. Concurrent Keibun Mori University of Milan-Bicocca Stein-Erik Fleten Alois Pichler Deloitte Tohmatsu Consulting, LLC Roel Hammerschlag Transmission Allocation for Bilateral Vs Competitive Marius Johansen Hammerschlag & Co. LLC Transactions: Prices, Market Power and Welfare in i Norwegian University of Science and Technology Simulation on a Power Exchange Carl J Ullrich Peak Car and Peak Rebound? A Closer Look at Anoop Singh James Madison University Recent Trends in Car Travel in Great Britain Indian Institute of Technology Kanpur A Proposal of Reformulation of Hydropower Sales Lee Stapleton Steve Sorrell Heading Towards Complete and Competitive Elec- Contracts in the Brazilian Electricity Sector University of Sussex tricity Markets Glaucia Fernandes Tim Schwanen Reinhard Haas Luiz E Brandão University of Oxford Hans Auer Leonardo L. Gomes TU Wien Gabriel R Vasconcelos 21. Energy Efficiency Measures and Measurement Georg Erdmann Pontifical Catholic University of Rio de Janeiro (Aud. 24) TU Berlin Off-shore Enhanced Oil Recovery in the North Sea: 18. Energy Services and Energy Demand The Impact of Price Uncertainty on the Investment Ron Ripple, Presiding (Aud. Jan Mossin) Decisions Professor, Energy Business and Finance Tine Compernolle The University of Tulsa Christian von Hirschhausen, Presiding Hasselt University Professor, TU Berlin Kris Welkenhuysen Kris Piessens Measuring the Efficiency of Energy-intensive Royal Belgian Institute of Natural Sciences - Industries Across 23 EU Countries Transition to a 100% Renewable Transport Fuel Geological Survey of Belgium Georgia Makridou System and Implications for Economic Costs and Peter Kort Kostas Andriosopoulos Greenhouse Gas Mitigation: A Simulation-Based Kuno Huisman ESCP Europe Comparison between Hydrogen and Electricity Tilburg University Constantin Zopounidis Ehsan Shafiei Michael Doumpos Brynhildur Davidsdottir Optimal Investment in Spare Capacity: A Real Technical University of Crete Iceland University Options Approach Eyjolfur Ingi Asgeirsson Yaser Faquih Heterogeneity and Barriers to Organizational Hlynur Stefansson Economics Department, Rice University Adoption of Cross-cutting Energy Efficiency Reykjavik University Measures Jonathan Leaver Estimating the Value of Flexibility from Real Options – Mark Olsthoorn Unitec Institute of Technology on the Adequacy of Hybrid Electricity Price Models Joachim Schleich Christian Pape Grenoble Ecole de Management Analysis of Urban Energy in the Nordic Region Christoph Weber Simon Hirzel Kari Aa Espegren University of Duisburg-Essen Fraunhofer ISI Institute for Energy Technology (IFE) Oliver Woll Uwe Remme ZEW Method Review of National Comprehensive IEA Assessments Performed under Article 14 EED Arne Lind 20. Emissions in the Residential and Transportation Richard Büchele IFE Sectors (Aud. Terje Hansen) TU Wien, EEG Tiina Koljonen Tomi J Lindroos Lars Bergman, Presiding Tracking Energy Efficiency Progress in Key Emerging VTT Economies Former President and Professor, Stockholm Liu Yang School of Economics The Impact of Policy Measures on Future Power International Energy Agency Generation Portfolio and Infrastructure – Bin Su The Determinants of Individuals’ Efforts for A Combined Electricity and Carbon Capture Energy Studies Institute, Singapore Investment and Dispatch Model Reducing Energy Use in Transportation and Pao-Yu Oei Residence TU Berlin Wen-Hsiu Huang Roman Mendelevitch Ling Tung University DIW Berlin Ming-Che Chao National Chi Nan University

11 Concurrent Sessions

How Technological Potentials are Undermined by Analysing the Convergence of the Electricity Economic and Behavioral Responses - Selection Intensities of the Production Sectors in Europe CONCURRENT SESSIONS 25 - 36

p.m. Bias and Endogenous Energy Efficiency Measures María Jesús Gutiérrez Tuesday 21 June, 10:30 a.m - 12:15 p.m. Helena Meier Miguel-Ángel Tarancón

12:15 Christian Tode Universidad de Castilla - La Mancha 25. Flexibility Options (Aud. A) University of Cologne Pablo del Río National Research Council of Spain (CSIC) Yves Smeers, Presiding a.m. - 22. Energy Security in Power Systems (Aud. 23) Vicent Alcántara Professor, University Catholique de Louvain Universitat de Barcelona James Smith, Presiding Remuneration of Flexibility Using Operating Reserve Professor of Finance, Southern Methodist Energy Prices and Industrial Competitiveness: Demand Curves: A Case Study of Belgium University Is Shale Gas Triggering a U.S. Manufacturing Anthony Papavasiliou Renaissance? Mathieu Van Vyve Optimal Level of Supply Security in the Power Aurélien Saussay Yves Smeers 36 Tue. 10:30 36 Tue. Sector with Growing Shares of Fluctuating French Economic Observatory (OFCE) Université catholique de Louvain - Renewable Energy 25 Aaron Praktiknjo Income, Energy Poverty and Individual Health in Energy Storage and Peak Load Pricing for More RWTH Aachen Spain Efficient Deferrable Demand Management Lars Dittmar Euan Phimister Alberto J Lamadrid TU Berlin University of Aberdeen Lehigh University Esperanza Vera-Toscano Timothy D Mount

Concurrent S. Concurrent Assessing the Interdependencies among Dimensions Instituto de Estudios Sociales Avanzados, Consejo Cornell University of Security of Supply in the Electricity Sector Superior de Investigaciones Cientificas (IESA-CSIC) Sebastian Osorio Reserve Provision by Electric Vehicles: Scenarios for

p.m. Ann van Ackere Germany’s Energy Accounts For Heat Services Germany University of Lausanne Fernando Oster Wolf-Peter Schill

5:15 Erik Larsen Georg Erdmann Jochen Diekmann University of Lugano TU Berlin Alexander Zerrahn DIW Berlin p.m - p.m Assessment of Renewable Energy Sources (RES) 24. Fossil Fuel Extraction (Aud. 21) Moritz Niemeyer With Concerns of Policy and Technology in Chile: Analytic Hierarchy Process (AHP) Approach Toshihide Arimura, Presiding End of the Road for Peakers? The Future Economics Shahriyar Nasirov Professor, Dept of Economics, Waseda University of Electricity Storage at Peak Moments in National Claudio Agostini Electricity Systems Carlos Silva Production Estimation of Undeveloped Lennert Thomas Johan Albrecht 24 Mon. 3:30 Mon. 24 Universidad Adolfo Ibáñez Unconvntional Gas Development: The Case of Wells

- in the Bowland Shale Regions (England) Sam Hamels Comparative Study of Electricity Sustainability Ukadike Victor Nwaobi Ghent University 13 Issues in ASEAN-5 Using the Electricity Sector Gabrial Anandarajah Sustainability Indicators UCL Energy Institute The Nano-Grid: A Sustainable Resolution to the Peerapat Vithayasrichareon Energy Infrastructure Crisis Centre for Energy and Environmental Markets, Regulating Under Conditions of Uncertainty and Sarah B. von Helfenstein UNSW Australia Risk: Lessons Learned from the Regulation of CEO, Value Analytics & Design LLC Concurrent S. Concurrent Xiying Liu Hydraulic Fracturing in the U.S. Energy Studies Institute, National University of Jonah J Ralston 26. Upstream Petroleum Economics (Aud. B) Singapore Jason Kalmbach Tue Anh Nguyen University of Wisconsin Peter Hartley, Presiding University of Greenwich Professor & Baker Institute Scholar, Rice University Rig Rates and Decreasing Productivity Energy Security in a Low-carbon World: Identifying Kristin H. Roll Cost Overrun at the Norwegian Continental the Main Uncertain Drivers of Energy Security in Petter Osmundsen Shelf - The Element of Surprise Europe University of Stavanger Sindre Lorentzen Stéphanie Monjon Atle Øglend Université Paris Dauphine, PSL Research University, Labor Mobility in the Energy Industry: Evidence Petter Osmundsen LEDa from the Shale Boom University of Stavanger Céline Guivarch Mallory C Vachon CIRED, Ecole des Ponts Louisiana State University Modelling and Forecasting Rig Rates on the Norwegian Continental Shelf 23. Energy Demand in Households and Industries Natural Resource Extraction with Reversible Stock Terje Skjerpen (Aud. 22) Pollution Statistics Norway Peifang Yang John Jimison, Presiding China University of Petroleum (Beijing) Innovation in the Supply and Procurement of Rig Senior Advisor, Energy Future Coalition Graham A Davis Services Colorado School of Mines Petter Osmundsen Income and Energy Consumption in Asia Professor, University of Stavanger Ronald D. Ripple The University of Tulsa The Crisis in the Oil Industry and its Impacts on the Raymond Li Brazilian Macroeconomic Indicators Hong Kong Polytechnic University Niágara Rodrigues Roselyne Joyeux Federal Fluminense University Macquarie University Marcelo C Ferraro Federal University of Rio de Janeiro - UFRJ

12 Anatomy of a Shale Boom: The Roles of Long-Lived How Much is Enough? EU-ETS Induced National What is the Price of National Energy Policies? Capital, Leasing, and Productivity Differences Climate Target Uncertainty A Scenario-based Analysis of Market Integration Mark Agerton Michael Pahle Impact and Emission Targets on Eletricity p.m. Rice University Paul Nahmmacher Generation and Grid Expansion in Europe until

Potsdam Institute for Climate Impact Research (PIK) 2035 12:15 27. Impacts of RE Use (Aud. C) Christian Flachsland Jens Weibezahn Mercator Research Institute on Global Commons and Mario Kendziorski a.m. - Barbara Breitschopf, Presiding Climate Change (MCC) Pao-Yu Oei Fraunhofer Institute Valentin Zinnecker Ex-Post Analysis of Cost-Efficiency in the 2nd Technische Universität Berlin Social Impacts of Renewables in Germany – Size, Trading Period of the EU ETS History and Alleviation Johanna Cludius Influence of Balancing Reserves on the Electricity Ulrike G Lehr Katja Schumacher Infrastructure in Europe Until 2050 Thomas Drosdowski Oeko-Institut Casimir Lorenz Nele Friedrichsen DIW Berlin / TU Berlin 10:30 36 Tue. Institute of Economic Structures Research (GWS) - Barbara Breitschopf Vicki Duscha Clemens Gerbaulet 25 FhG-ISI Fraunhofer Institute for Systems and Innovation TU Berlin Jochen Diekmann Research ISI German Economic Institute (DIW) Interdependencies Between Swiss Electricity Prices 29. Demand Response & Retail Markets and the Neighbouring Energy Markets Distributional Effects of the Special Equalisation (Aud. Finn Kydland) Dogan Keles Scheme for Electricity-intensive Enterprises and Wolf Fichtner S. Concurrent Rail Operators Within the Scope of the Renewavle Iain MacGill, Presiding Joris Dehler Energy Sources Act in Germany Joint Director, CEEM, University of NSW Karlsruhe Institute of Technology (KIT) Juri Horst Alexander Zipp Residual Demand Manipulations and Market Power Congestion Management in a Stochastic Dispatch IZES gGmbH in Electricity Markets Model for Electricity Markets David Benatia Mette Bjørndal Do Renewable Energies Reduce Regional Disparities Université de Montréal, Département de Sciences Endre Bjørndal in Germany Économiques NHH - Norwegian School of Economics Luisa Sievers Pierre-Olivier Pineau Kjetil Midthun Matthias Pfaff HEC Montréal SINTEF Fraunhofer Institute for Systems and Innovation Étienne Billette de Villemeur Golbon Zakeri Research Université de Lille 1 University of Auckland Axel Schaffer Universität der Bundeswehr München An Assessment of the Economic Potential of 31. Management, Investment, Disinvestment and Large-scale Demand Response: Is There a Business Bubbles (Aud. Agnar Sandmo) Impact of RE Policy on Technology Costs – Opportunity in France? PV System Costs in Germany Antoine Verrier Eirik Amundsen, Presiding Barbara Breitschopf Paris Dauphine University, Chair of European Professor, University of Bergen and University of Fraunhofer ISI Electricity Markets Copenhagen

Impact of RE Policy on Technology Costs – Estimating Energy Rationing Costs in Brazil with Business as Unusual: the Implications of Fossil PV System Costs in Germany Contingent Valuation Models Divestment for Financial Flows, Economic Growth Barbara Breitschopf Edson Goncalves and the Energy Market Martin Pudlik FGV Solveig Glomsrød Fraunhofer ISI Taoyuan Wei Alexander Schlotz Risk Implications of Investments in Demand Center for International Climate and Environmental Markus Lau Response from an Aggregator Perspective Research - Oslo (CICERO) Jonas Katz 28. Emission Permits Trading (Aud. 14) Lena Kitzing Blowing Bubbles? A Conceptual Analysis of the Technical University of Denmark Carbon Bubble Hypothesis Michael Pollitt, Presiding Arjan Trinks Assistant Director EPRG, University of Competition in Retail Energy Markets: An University of Groningen Cambridge Assessment of 10 Year Dutch Experience Bert Scholtens Machiel Mulder University of Groningen (NL), University of Saint Joint Impacts of Emission Trading and Consumer University of Groningen Andrews (UK) Low-carbon Awareness on Firm’s Decision Bert Willems Wen Wen Tilburg University Carbon Risks and Corporate Valuation Peng Zhou Gianfranco Gianfrate Nanjing University of Aeronautics and Astronautics 30. Regional Electricity Markets and Network Harvard University Constraints (Aud. Jan Mossin) Emissions Tax, Emissions Trading and Allowance Probable Oil & Gas Reserves: Effect on Returns Banking under Ambiguity Aversion Massimo Filippini, Presiding Bård Misund Simon Quemin Professor of Economics, ETH Zurich CEPE & Petter Osmundsen Paris-Dauphine University, Climate Economics Chair Univ. of Lugano University of Stavanger

The Impact of Risk Aversion on the European CO2 A System Approach to Optimize Regional Energy Government Performance in Managing the U.S. Emission Trade System Systems with Power Distribution Constraints and Special Petroleum Reserve (SPR) Jörn C. Richstein Options Carol A Dahl DIW Alain Haurie Colorado School of Mines Laurens J De Vries Ordecsys Yang Bai Delft University of Technology Marc Vielle Nanjing Normal University EPFL Frédéric Babonneau ORDECSYS and EPFL

13 Concurrent Sessions

32. Energy Use and Economic Growth Incentive Problems in the Implementation of Environmental Policies for the Light Duty Vehicle (Aud. Terje Hansen) Efficient International Energy Storage Sector in the US: An Up to Date Modeling Approach p.m. Joachim Geske Nikos Zirogiannis Sanya Carley Ottar Skagen, Presiding Richard Green Saba Siddiki Senior Advisor, Statoil Imperial College London 5:00 John D. Graham 34. Household Energy Demand (Aud. 23) Denvil Duncan The Relationship BetweenEeconomic Growth and

p.m. - p.m. Indiana University Energy Consumption in Newfoundland and Labrador: Sectoral and Fuel Type Consumption John Parsons, Presiding Stochastic Non-routine Trips and the Potential of Analysis Senior Lecturer, Sloan School of Management Vehicle-to-grid (V2G) Kayode E Olaide MIT Joachim Geske Memorial University of Newfoundland Elasticity of Residential Electricity Demand in the Research Associate, Imperial College London

3:15 3:15 48 Tue. Long-term Endogenous Economic Growth and State of New York (1994-2013)

- Electricity Demand Projection for Electric Vehicles Transition Towards Renewable Energy Pierre-Olivier Pineau (EV) in Turkey: Bottom-up Modelling Approach, and 37 Victor Court HEC Montreal Comparison with EU Pierre-André Jouvet Etienne Billette de Villemeur Ozturk Zafer Université Paris Ouest Nanterre La Défense Université de Lille Bogazici University Frédéric Lantz IFP Energies Nouvelles Time Use, Lifestyle and Energy Consumption: Lessons from Time Use and Budget Data for French 36. Bio and Geothermal Energy (Aud. 21) Concurrent S. Concurrent Energy Consumption and Human Capital: A Driver Households Jean-Michel Glachant, Presiding or Drag for Economic Growth Simona De Lauretis Director, Florence School of Regulation p.m. Youngho Chang CIRED / EDF R&D Zheng Fang Frédéric Ghersi CNRS/CIRED Optimisation of the Bioeconomy – Cost-Effective

12:15 Nanyang Technological University Jean-Michel Cayla Swedish Bioenergy Pathways Erik O. Ahlgren Economic Growth, Oil Consumption & Energy EDF R&D

a.m. - Chalmers University of Technology Conservation Policies: What are the Implications? Martin Börjesson Hagberg Kelly Burns Impact of Tariff on the Household Consumption of IVL - Swedish Environmental Research Institute Curtin University Electricity in Brazil Joao M L Moreira Biofuel Potential in Mexico: Land Use, Economic Fossil Energy in Economic Growth: A Study of the Universidade Federal do ABC - UFABC and Environmental Effects Energy Direction of Technical Change, 1950-2012 Maria J C Villarreal Hector M Nuñez Gregor S Semieniuk Universidade Federal do ABC

36 Tue. 10:30 36 Tue. Anna D Mata University of Sussex - Estimating Residential Gas Demand Using Centro de Investigación y Docencia Económicas

25 33. Energy Efficiency Policies and Incentives Household-level Data Success Factors For Geothermal Electricity (Aud. 24) Bettina Hirl Università della Svizzera italiana Development: The Philippines Case-Can it Sustain Massimo Filippini Its Current Status? Ricardo Raineri Bernain, Presiding Elvira T. Gelindon Professor, Pontifica Univ Catolica de Chile Università della Svizzera italiana; Swiss Federal Institute of Technology Zurich (ETHZ) Senior Researcher, Asia Pacific Energy Research Concurrent S. Concurrent Centre Government Policy and Energy Efficiency - Two-Period Household Electricity Demand Learnings From a Public Good Game Estimation with Limited Data The Effect of Biofuels on the Link between Oil and Roland Menges Olvar Bergland Agricultural Commodity Prices: A Smooth Transition Gregor Beyer Norwegian University of Life Sciences Cointegration Approach Clausthal University of Technology H Alan Love Anthony Paris Washington State University Ph.D. Student, IFPEN & EconomiX-CNRS, University Assesing the Impact of Energy Efficiency Standards Paris Ouest Nanterre La Défense on Residential Electricity Consumption in Mexico 35. Electric and Hydrogen Vehicles (Aud. 22) Fernando H Navajas Case Studies in Alternate Uses of Biomethane FIEL and University of Buenos Aires Amela Ajanovic, Presiding from Wastewater Treatment Plants and Landfill Gas Hildegart A Ahumada Facilities in California University Torcuato Di Tella Senior Research Scientist Vienna University of Technology Lori Smith Schell Empowered Energy Seemingly Unrelated Intervention: Environmental Scott Samuelsen Management Systems at Workplaces and Energy Policy Design and Environmental Benefits of Electric Vehicles Brendan P Shaffer Conservation Behaviors at Home University of California-Irvine Toshi H Arimura Amela Ajanovic Reihard Haas Hajime Katayama CONCURRENT SESSIONS 37 - 48 Waseda University Vienna University of Technology Mari Sakudo Tuesday 21 June, 3:15 p.m. - 5:00 p.m. Development Bank of Japan Cost-benefit Analysis of Hydrogen-based Transport Kazuyuki Iwata in Europe 37. Future Electricity Generation Mixes (Aud. A) Takasaki City University of Economics Carmen Amalia Cantuarias Alexis Vignes Fridrik Baldursson, Presiding Identifying Key Determinants of Energy-Efficient Benno Weinberger Professor, Reykjavik University Renovations: Evidence from Slovenian Homeowners Jean-Marc Brignon Jelena Zoric INERIS Assessing Possible Generation Portfolios for China’s University of Ljubljana, Faculty of Economics Leonardo Roses Future Carbon Constrained Electricity Industry Nevenka Hrovatin HyGear B.V. Peerapat Vithayasrichareon University of Ljubljana Iain MacGill UNSW Australia

14 Which Value of Nuclear Flexibility to Foster the 39. Solar Power (Aud. C) Political Economy of Carbon Pricing Policies: Integration of Intermittent Renewable Energy Insights from a Panel of Countries p.m. Sources? Prospective Study on Technical Potentials Johannes Mauritzen, Presiding Geoffroy Dolphin and Economic Impacts in the French Power System BI Norwegian Business School Michael G. Pollitt Camille Cany University of Cambridge CEA/I-tésé David M. Newbery 5:00 Lease or Buy? Quality Differences and Asymmetric Alizée Chazottes Department of Economics, University of Cambridge Information in California Solar Panels

CEA, Université Paris Saclay - p.m. Johannes Mauritzen Christine Mansilla 41. Resource Adequacy (Aud. Finn Kydland) BI Norwegian Business School I-tésé, CEA, Université Paris Saclay Gilles Mathonnière Value of Solar Photovoltaics in Singapore: David Newbery, Presiding I-tésé, CEA, Université Paris Saclay, F-91191 Calculating the Merit Order Effect Director EPRG, University of Cambridge Gif-sur-Yvette, France Anthony D Owen

Pascal da Costa 3:15 48 Tue. Anton G Finenko Cross-Border Effects Of Capacity Remuneration

Laboratoire Genie Industriel, CentraleSupélec, Uni- - Gautam Jindal Schemes In Interconnected Markets: Who Is versité Paris-Saclay, Grande Voie des Vignes, 92290 Xiying Liu Free-Riding? 37 Chatenay-Malabry, France Energy Studies Institute, National University of Xavier Lambin Singapore Toulouse School of Economics -- ENGIE Optimal Reserve Provision in Electricity Markets Thomas-Olivier Léautier With Increasing Shares of Renewable Energy Sources Potential Socio-economic and Environmetnal Toulouse School of Economics Fridrik M Baldursson

Impacts of Future CSP Exports from Morocco to S. Concurrent Ewa Lazarczyk Europe Comparative Analysis of Resource Adequacy Reykjavik University Natàlia Caldés Options in European and U.S. Electricity Markets Christoph Weber Yolanda Lechon Hans Auer Julia Bellenbaum Cristina De la Rúa Energy Economics Group (EEG) Lenja Niesen CIEMAT Audun Botterud University Duisburg-Essen Franz Trieb Argonne National Laboratory DLR Long-run Power Storage Requirements for High Inés López-Doriga Energy Transition and the Need for Capacity Shares of Renewables: A New Open-source Model PwC Markets Alexander Zerrahn Paul Giesbertz Wolf-Peter Schill The Potential Role of Grid Connected Solar Ther- Statkraft DIW Berlin mal Heat in Austria Machiel Mulder Andreas Müller University of Groningen An Economic Assessment of Flexible Energy Economics Group, Vienna University of Electricity-to-thermal Strategies to Enable High Technology An Experimental Study of Investment Incentives Shares of Variable Renewable Electricity Christian Halmdienst Mechanisms in the Electricity Industry Torjus F Bolkesjø Pink GmbH Stéphane Robin Jon G Kirkerud Richard Heimrath GATE, Lyon University Åsa G Tveten Technical University of Graz Mohamed Haikel Khalfallah Erik Trømborg EDDEN - University of Grenoble Norwegian University of Life Sciences 40. Carbon Pricing Policies (Aud. 14) Céline Jullien KIC InnoEnergy 38. Natural Gas: An Enabler for Large-Scale Yukari Yamashita, Presiding Carine Staropoli Penetration of Renewable Energy (Aud. B) Board Member Director, Institute of Energy Paris School of Economics Economics Silvia Pariente-David, Presiding Generator Revenue Sufficiency in Electricity Senior Energy Specialist Markets with Variable Renewable Generation Addressing Policy Credibility Problems for Todd Levin Low-Carbon Investment Transition to Hub Indexation and More Flexible Audun Botterud Gregory Nemet Natural Gas Contracts in East Asia Argonne National Laboratory University of Wisconsin-Madison Xunpeng Shi Ottmar Edenhofer Hari MP 42. Decarbonisation Policies (Aud. Jan Mossin) Jan Steckel Energy Studies Institute, NUS Michael Jakob Carol Dahl, Presiding Mercator Research Institute on Global Commons and The Economics of Natural Gas Storage in Europe Climate Change Senior Fellow, Colorado School of Mines Andreas Schroeder Alexandre Haikel Carbon Internal Pricing in Oil and Gas Investment Environmental Policies that Maximise Social Uniper Decision: Scopes, Uncertainties and Impacts Welfare: the Role of Intergenerational Inequality Sidney Lambert-Lalitte Frédéric D. Gonand Natural Gas: Future Potential in Enabling Nadine Bret-Rouzaut Professor, University Paris-Dauphine Renewables Arash Farnoosh Nina Strøm Christensen IFP School Optimal Carbon Prices Worldwide Karen Sund Carlo Andrea Bollino Sund Energy Carbon Pricing Strategies Under Binding Political University of Perugia Economy Constraints Tarek Atalla Phasing Out Coal for Global Electricity Production – Jesse D. Jenkins KAPSARC Effects on Arctic Gas Deliveries Valerie J Karplus Simona Bigerna Lars Lindholt Massachusetts Institute of Technology Univ of Perugia Statistics Norway Solveig Glomsrød CICERO Price or Policy Induced Energy-saving Innovation? Evidence from China’s Industrial Patents Data Future Role of Natural Gas Storages and Banban Wang Competition with Alternative Flexibility Sources Huazhong University of Science and Technology Iegor Riepin Shaozhou Qi Felix Müsgens Climate Change and Energy Economics Study Cen- BTU Cottbus-Senftenberg ter, Wuhan University 15 Concurrent Sessions

Farm-Level Modelling of Short-Rotation Coppice 44. Carbon Emissions Analyses Consumer Inattention and Energy Efficiency: The Cultivation with Flexibility in Planting and (Aud. Terje Hansen) Causal Effect of Label Elements p.m. Harvesting: A Real Options Approach Stephan Sommer Alisa Kostrova Andre Plourde, Presiding Andreas Gerster Utkur Djanibekov Dean Faculty of Public Affairs, Carleton University Mark Andor 5:00 Wolfgang Britz Rheinisch-Westfälisches Institut für Institute for Food and Resource Economics, Chair of China’s Carbon Emissions Embodied in Normal Wirtschaftsforschung

p.m. - p.m. Production Economics, University of Bonn and Processing Exports and Their Driving Forces, Robert Finger 2006-2012 46. Energy Security and Petroleum Markets Agricultural Economics and Policy Group, ETH Zurich Bin Su (Aud. 23) Energy Studies Institute, National University of The Paris Pledges: Global Implications for Energy Singapore Gurkan Kumbaroglu, Presiding Systems and Economic Impact Professor, Bogazici University Toon Vandyck 3:15 3:15 48 Tue. Tracking Industry’s CO2 Emissions in Austria: An

- Alban Kitous LMDI Decomposition Analysis Reconsidering the Influence of Energy on the Bert Saveyn Middle Eastern State 37 Claudia Kettner Zoi Vrontisi Austrian Institute of Economic Research (WIFO) Jim Krane Kimon Keramidas Wallace S. Wilson Fellow for Energy Studies, Rice European Commission Interactions of Industrial Water Withdrawal and University’s Baker Institute Energy Consumption: a Multi-sectoral Regional Economic Costs of Achieving INDCs Under Decomposition Analysis in China Export of Russian Natural Gas to Europe Concurrent S. Concurrent a Range of Low Carbon Technology Assumptions Xinzhu Zheng Knut Einar Rosendahl Matthew A Winning Can Wang Norwegian University of Life Sciences Paul Ekins Tsinghua University Arild Moe University College London Fridtjof Nansen Institute Bifurcations in Chinese Greenhouse Gases Rolf Golombek 43. Energy and Market Risk (Aud. Agnar Sandmo) Emissions: The Effects of Shale Gas Production in Hilde H Le Tissier the United States and China Frisch Centre Roy Endre Dahl, Presiding Florian Leblanc Finn R Aune Associate Professor, University of Stavanger CIRED Statistics Norway

Evaluation of the Volatility of Prices and Volumes of A Plant Level Analysis of GHG Emissions of the The Importance of Oil in the Allocation of Foreign an Energy Portfolio Canadian Pulp and Paper Industry, 2005-2013 Aid Christian Wagner Jean-Thomas Bernard Cécile Couharde Christian Rehtanz Professor, University of Ottawa Fatih Karanfil TU Dortmund - Institute of Energy Systems, Energy Eric Gabin Kilama Efficiency and Energy Economics 45. Rebound Effects, Prices and Information Luc D Omgba Daniel Waniek (Aud. 24) EconomiX, University of Paris Ouest Uniper Global Commodities SE Lester Hunt, Presiding Security of Gas Supply in Poland - New Perspective Energy and Agricultural Commodities Revealed Senior Research Fellow, KAPSARC Honorata Nyga-Lukaszewska through Hedging Characteristics: Evidence from Warsaw School of Economics Developing and Mature Markets A Quantitative Analysis of the Drivers of the Energy Simon JJ Spencer Mix: the Role of Energy Prices Changing Oil Market Fundamentals and the Implica- Thomas Conlon Baltasar Manzano tions for OPEC Production Strategy Don Bredin KAPSARC and Universidad de Vigo Daniel P Scheitrum Universtity College Dublin, Smurfit School Lester Hunt Lew Fulton Jorge Blázquez Amy Myers Jaffe Hedgers’ Response to Price Changes in Energy Tarek Atallah University of California, Davis Futures Markets KAPSARC Yannick Le Pen 47. Energy Demand in Non-OECD Countries Marie Bessec Boundedly Rational Consumers, Energy and (Aud. 22) Université Paris Dauphine Investment Literacy, and the Display of Information Benoît Sevi on Household Appliances Bente Halvorsen, Presiding Université Grenoble Alpes Julia Blasch Statistics Norway VU University Amsterdam and ETH Zurich Evaluating Value-at-Risk Estimates for an Energy Nilkanth Kumar Adding Fuel to Fire? Role of Spatial Disparities and Portfolio ETH Zurich Peer-Effects in Clean Cooking Fuel Use in India Roy Endre Dahl Massimo Filippini Suchita Srinivasan Associate Professor, University of Stavanger ETH Zurich and Università della Svizzera italiana Graduate Institute, Geneva Stefano Carattini Equilibrium Relations Between the Spot and Futures Reducing Rebound Without Sacrificing London School of Economics and HES, Geneva Markets for Commodities: An Infinite Horizon Macroeconomic Benefits of Increased Energy Model Efficiency Energy Intelligence Development through Public Edouard Jaeck Karen Turner Private Partnership Frameworks in Nigeria Ivar Ekeland Gioele Figus Peter C Obutte Delphine Lautier Patrizio Lecca Center for Petroleum, Energy Economics and Law, Bertrand Villeneuve Kim Swales University of Ibadan Université Paris-Dauphine University of Strathclyde Diesel Oil Demand in Brazil: Determinants and Indirect Rebound Involving Embodied Energy Use in 2030 Forecast Re-spending Decisions: How Do We Treat Negative Luciano D Losekann Multiplier Effects in Energy Supply Chains? Niagara Rodrigues Karen Turner Universidade Federal Fluminense Antonios Katris Centre for Energy Policy, University of Strathclyde

16 From Supply to Demand: Reviewing Argentina’s LPG Hydropower Operation in a Changing Innovation Strategies of Energy Firms Social Program Environment Jose Garcia-Quevedo p.m. Fabiola Rodrigues Moritz Schillinger Maria-Teresa Costa-Campi IAE Mosconi Hannes Weigt University of Barcelona

Verónica Alonso University of Basel Nestor Duch-Brown 10:15 Daniela L Varela René Schumann Institute for Prospective Technological Studies, Euro- CEARE - University of Buenos Aires Michael Barry pean Commission HES-SO Valais a.m. - Micro-Model Analysis of Fuel Consumption, Welfare SO2 Emissions in the EU-28 Coal Power Sector - and Distributional Impacts of Fuel Subsidies Reform Interdependencies Between Hydro Strorage An LMDI Decomposition Analysis In Nigeria Systems and the Allocation of Balancing Power Laura Prawatky Ibrahim A Tajudeen Richard Weinhold University College London Wed. 8:30 Wed. University of Manchester, UK TU Berlin Will McDowall

Casimir Lorenz UCL Institute for Sustainable Resources 60

48. Natural Resource Markets and Trade (Aud. 21) TU Berlin and DIW Berlin -

The Creation of Renewable Energy Technology in 49 Knut Einar Rosendahl, Presiding 50. Upstream Petroleum Contracting and Europe - Are Patents Per Capita Converging? Professor, Norwegian Univ. of Life Science (HH) Regulation (Aud. B) Jonas A Grafström Luleå University of Technology Long-term Uranium Market Dynamics Alenka Zumbar Klopcic, Presiding Antoine Monnet Director and Editor-in-Chief, Energetika NET doo 52. Carbon Capture and Leakages (Aud. 14) Concurrent S. Concurrent PhD candidate, CEA Shocks and Stocks Part II: On the Time Varying Akinbolaji Iwayemi, Presiding

Energy World in 2040: Understanding INDCs Relationship Between Oil Shocks and Stock Market Professor, University of Ibadan p.m. Perspectives and Challenges Returns in the U.S. Manfred Hafner David C Broadstock Does Carbon Capture and Storage Lock People into

Yasmine Arlasane SWUFE (China) Fossil Fuel Use? – A Cradle to Grave Analysis 5:00 Sylvain Cail George Filia Arne Steinkraus

Mélodie Mistré Panteion University of Social and Political Sciences Research Assistant, TU Braunschweig - p.m. Enerdata Peer Information Effects In Contract Negotiations: Has the EU ETS Induced Carbon Leakage in A Comprehensive Taxonomy of Nuclear Evidence From Oil and Gas Leases Manufacturing? A Sector-level Analysis Non-electrical Markets: Application to the Market Bernhard Ganglmair Helene Naegele Perspective for France Anastasia V Shcherbakova Aleksandar Zaklan Martin Leurent University of Texas at Dallas DIW Berlin 3:15 3:15 48 Tue.

Camille Cany - I-tésé, CEA, Université Paris Saclay Decision Making Under Uncertainty in Resource Emissions Allocation Design to Avoid Leakage under 37 Markets the Clean Power Plan Energy Embodied in Trade 1970-2009 Daniel Spiro Karen Palmer Viktoras Kulionis University of Oslo Dallas Burtraw Lund University Anthony Paul Finders, Keepers? Hang Yin What is the Optimal Exhaustion Rate of Lithium Niko Jaakkola Resources for the Future S. Concurrent Resources in South America? Ifo Institut Diana Rubiano Arthur van Benthem Evaluating Carbon Capture and Storage in a Climate Knut Einar Rosendahl The Wharton School, University of Pennsylvania Model with Endogenous Technical Change NMBU Daniel Spiro Tunç Durmaz University of Oslo SEE, City University of Hong Kong and Dept. of CONCURRENT SESSIONS 49 - 60 Econ., Yildiz Technical University Wednesday 22 June, 8:30 a.m. - 10:15 a.m. Petroleum Fiscal System Performance Analysis Fred Schroyen under a Sustained Low Oil Price: A Case Study of NHH - Norwegian School of Economics 49. Hydropower in Europe (Aud. A) Deepwater Operations in Nigeria Omowumi O Iledare Carbon Leakage in South-East Europe Regional Hannes Weigt, Presiding Emmanjuel Onwuka Electricity Markets under EU ETS Joseph Echendu Forschungstelle Nachhatige Energie, Wirtsch Verena Viskovic Emerald Energy Institute University College London Fakulat Univ Basel Afzal S. Siddiqui 51. Energy and Environmental Technology University College London, University of Stocholm A Structural Model to Estimate the Impact of Hydro Improvements (Aud. C) Yihsu Chen Inflow on Scandinavian Power Exports University of California Santa Cruz Caroline Deilen Georg Erdmann, Presiding Christoph Weber 53. Wholesale Prices & Markets University Duisburg-Essen Professor, Berlin University of Technology (Aud. Finn Kydland) Germany’s Goodbye to Coal Power Technology Framework for Decision-making Process in Granting Stefan Vögele Anthony Owen, Presiding Rights to Use Hydropower in the European Context Paul Kunz Ludovic Gaudard Principal Fellow - Head of Energy Economics Forschungszentrum Jülich University of Geneva and Imperial College London National University of Singapore Dirk Rübbelke Werner Hediger TU Bergakademie Freiberg HTW Chur Electricity Markets: Designing Auctions Where Guillaume Voegeli Suppliers Have Uncertain Costs Is Protecting Intellectual Property Rights Good for HTW Chur and University of Geneva Par Holmberg Renewable Energy Development? Franco Romerio Research Institute of Industrial Economics (IFN) Oluwasola E. Omoju University of Geneva Frank Wolak Graduate Student, Xiamen University Stanford University

17 Concurrent Sessions

Negative Electricity Prices and Risk Premia - New 55. Investment in Capacity and Infrastructure Understanding the Energy Productivity Empirical Evidence for the German/Austrian Diversification After the Global Financial Crisis p.m. (Aud. Agnar Sandmo) Day-ahead Market Carlo Andrea Bollino Niyaz Valitov Sarah Jezernik, Presiding Simona Bigerna

10:15 10:15 University of Wuppertal University of Perugia Deputy General Manager, PLINOVODI d.o.o Tarek Atalla Accountability for Uncertainty in Electricity Markets KAPSARC a.m. -

The Effect of Fuel Cost Uncertainty on Capacity Athanasios Papakonstantinou Investment: Dual Fuel Capability and Technology Pierre Pinson 57. Energy Efficiency Improvements (Aud. 24) Mix DTU Electrical Engineering, Center for Electric Power Nurit Gal and Energy Omowumi Iledare, Presiding Public Utility Authority Professor & Director, Emerald Energy Institute, Wed. 8:30 Wed. Asher Tishler Wholesale Electricity Markets With High Shares College of Management UNIPORT Of Renewable Energies: Effects Of Uncertainty On 60 Irena Milstein

- Prices Holon Institute of Technology Macroeconomic Benefits of Energy Efficiency in Regina A Betz Emerging Economies 49 C.K. Woo Zurich University of Applied Sciences Hong Kong Institute of Education Taoyuan Wei Peiyao Shen Center for International Climate and Environmental ShanghaiTech University The Traditional “Levelised Cost of Energy” (LCOE) Research - Oslo (CICERO) Jenny Riesz is Not an Indicator for Grid Parity Yang Liu Iain MacGill Ulrich Nissen International Energy Agency Concurrent S. Concurrent UNSW Australia Nathanael Harfst Andreas Hefti Niederrhein University of Applied Sciences, The Potential for Improvement in On-road Truck ZHAW Moenchengladbach Fuel Economy: Evidence From the VIUS Jen Z He The Need for Intra-day Settlements in U.S. Impact of the Riskiness of Generating Technologies University of Maryland Electricity Markets on Their Cost of Capital and Investment Decisions Virginia McConnell Ignacio Herrero Vitali Avagyan Joshua Linn Pablo Rodilla Imperial College London Benjamin Leard IIT - Comillas Pontifical University Richard Green Resources For the Future Carlos Batlle Imperial College Business School IIT-Comillas & MIT Energy Initiative Fuel Efficiency Improvements – Feedback Optimal Regulation of Network Expansion Mechanisms and Distributional Effects in the Oil 54. Macroeconomic and General Equilibrium Bert Willems Market Effects of Energy (Aud. Jan Mossin) Tilburg University Snorre Kverndokk Gijsbert Zwart Frisch Centre/CREE Christophe Bonnery, Presiding Gronigen University Knut E Rosendahl Director, Economics & Prospective, ERDF NMBU Energy Infrastructure Investment Game with Ann C Bøeng What if Oil is Less Substitutable? A New-Keynesian Spillover Effect Finn R Aune Model with Oil, Price and Wage Stickiness including Akira Maeda Lars Lindholt Capital Accumulation Professor, The University of Tokyo Statistics Norway Verónica Acurio Vásconez Paris School of Economics - Chair Energy and 56. Energy, Economic Development and the Macro New Development of China’s National Evaluation Prosperity Economy (Aud. Terje Hansen) Standard for Green Building (ESGB-2014): A comparison of ESGB 2014 to ESGB 2006 Economic Impact of Ethanol Promotion Under Arild Nystad, Presiding Jiefang Ma Uncertainty in Mexico: a General Equilibrium President, PetroManagement AS Kun Song Analysis Qing Ye Alejandra Elizondo School of Architecture, Tianjin University Energy Business Cycles Centro de Investigación y Docencia Económicas, Queena K Qian Olayinka Oyekola CIDE Henk J Visscher David Meenagh Roy G Boyd OTB Research for the Built Environment, Delft Patrick Minford Economics Department/Ohio University University of Technology Cardiff University Qiang Zhao Steel Intensity as a Dynamic Function of Economic Tianjin Planning Bureau Petroleum Prosperity and Housing Prices in Norway Growth Anne-Britt Halonen Mathieu Bordigoni Energy Efficient Design in Shopping Centres - Klaus Mohn ERDF Energy Demand Scenario Modelling Until 2030 University of Stavanger Business School François Cattier Raphael Bointner EDF R&D Agne Toleikyte Impact of Natural Resource Abundance on Vienna University of Technology Institute of Energy Economic Performance from a Technology Intensity The Regressivity of Climate Policy in Taiwan: Systems and Electric Drives, Energy Economics Perspective A General Equilibrium Analysis Group – EEG Sule Gunduz Shih-Mo Lin Yesim Kustepeli Feng-Ying Hsu 58. Forecasting and Data (Aud. 23) Dokuz Eylul University Jin-Xu Lin Kuei-Feng Chang Petroleum Resources, Institutions and Economic Mine Yucel, Presiding Chung Yuan Christian University Development SVP and Research Director, Federal Reserve Gregorio A Maciel Bank of Dallas Electricity Demand and Disaggregate Output: Coordinator, PETROBRAS Evidence From Benin Extrapolated Trends versus Energy Model Arnaud G Dakpogan Projections -- Global Distribution Dynamics Derived Eon Smit from Regional Kaya Decomposition University of Stellenbosch Business School Valeria Jana Schwanitz August Wierling Sogn og Fjordane University College 18 Creaming-and the Likelihood of Discovering Further Solar Feed-in Tariffs in a Post-Grid Parity World: 60. Energy Security – Concepts and Policy Giant Petroleum Fields A Risk-Return Perspective (Aud. 21) p.m. Jostein Lillestøl Yuliya Karneyeva NHH - Norwegian School of Economics Rolf Wüstenhagen Joel Darmstadter, Presiding Richard Sinding-Larsen University of St. Gallen 12:30 NTNU Senior Fellow, Resources for the Future 62. Oil and Energy Market Econometrics (Aud. B)

Opening the Black Box of Energy Security: A Study a.m. - Dynamic Forecast Combination Using the Kalman Filter of Conceptions in the UK Edmar Luiz de Almeida, Presiding Emily M Cox Mathias Käso Professor, Federal University of Rio de Janeiro Felix Müsgens University of Sussex University of Technology Cottbus-Senftenberg OPEC’s Market Power: an Empirical Dominant Firm Energy Expectations and Uncertainty: the World of Oliver Grothe Model for the Oil Market Internal Contradictions Intensifies 10:45 Wed. Karlsruhe Institute of Technology Lin Ma Michael Jefferson 71

Norwegian University of Life Sciences - Distributing Costs in the Electricity Sector Using a Professor , ECSP Europe Business School; University

Alfonso A Irarrazabal 61 of Buckingham & Editor of Energy Policy Bottom-up Big-Data Approach BI Norwegian Business School Magnus Lindén Rolf Golombek Industrial Energy Demand in Europe: A Dynamic Jakob Helbrink Frisch Centre Martin Nilsson Multilevel Modelling Approach Akinsehinwa Sharimakin Mikael Andersson Volatility Spillovers in North American Energy

David Saal S. Concurrent Sweco Markets Anthony J Glass Neil A Wilmot The Applicability of Empirical Prediction Intervals to Loughborough University

Assistant Professor, University of Minnesota Duluth p.m. Energy Forecasting Understanding the Energy Union: A Single Concept Lynn H Kaack Studying Volatility Regime Shifts in Energy Prices for Many Systems Granger Morgan Knut Anders Kjelaas Johansen 10:15 Antti Silvast Jay Apt Roy Endre Dahl Mark Winskel

Carnegie Mellon University University of Stavanger a.m. - Patrick E McSharry Ronan Bolton University of Edinburgh Oxford University and Carnegie Mellon University Empirical Performance of Commodity Derivative In Office After an 8.8 Earthquake: On the Resilience Models 59. Distributed Electricity, Prosumers and Gonzalo Cortazar Electricity Demand (Aud. 22) of Chilean Energy Sector Ricardo Raineri Bernain Hector Ortega 8:30 Wed. Professor, Pontificia Universidad Catolica de Chile Simon Gutierrez Reinhard Madlener, Presiding Pontificia Universidad Catolica de Chile 60 Full Professor of Energy Econ Mgt., - CONCURRENT SESSIONS 61 - 71 RWTH Aachen University Did the Financial Crisis of 2008 Affect the Price 49 Wednesday 22 June, 10:45 a.m. - 12:30 p.m. Linkages Among the Crude Oil and Precious Metal An Economics Simulation on the Smart Community Markets? 61. Policies, Strategies & Market Values (Aud. A) Connecting the Commercial and Residential Sectors Kentaka Aruga Yoshiki Ogawa Reinhard Haas, Presiding Ishikawa Prefectural University

Professor, Toyo University S. Concurrent Professor, Vienna University of Technology How Flexible is U.S. Shale Oil? Evidence from North Households’ Preferences Regarding the Adoption of An Empirical Evaluation of the Role of U.S. Dakota Micro-Generation Technologies Frode M Nordvik Christian Dr. Oberst Renewable Energy Certificate Markets in Renewable Energy Growth Maximilian Rohrer Reinhard Madlener Sanya Carley Hilde C. Bjørnland RWTH Aachen University Jessica Alcorn BI Norwegian Business School Indiana University Modelling of Prosumer-Households for Economic 63. Wind and Solar Power – Country Studies Evaluations Mathematical Modeling of Generation Expansion (Aud. C) Swantje Gährs Planning Problem in a Partially Regulated Bernd Hirschl Market: Private Company Perspective H. Alan Love, Presiding Astrid Aretz Yildiz Arikan Professor and Director, Washington State Institute for Ecological Economy Research (IÖW) Istanbul Kemerburgaz University University Ethem Canakoglu Macroeconomic Effects of Prosumer-households in Semra Agrali Renewables for Electricity - Economic and Germany Bahcesehir University Engineers Experiences in Germany Markus Flaute Fulya Terzi Hermann-Josef Wagner Anett Grossmann Bogazici University Ruhr-Universität Bochum Christian Lutz GWS mbH Osnabrueck Forecasting the Evolution of Electricity Demand and The Effects of Policy Uncertainty on Technology Distributed Generation Towards 2035: Diffusion: Wind Power in Italy Are Prosumer Households That Much Different? an Innovative Bottom-up Approach Teresa Romano Evidence From Stated Residential Energy Florent Chiappini Elena Fumagalli Consumption in Germany Thomas Heggarty Politecnico di Milano Christian A Oberst ERDF Toby Daglish Reinhard Madlener Victoria University of Wellington Hendrik Schmitz Assessment of RES Technology Market Values Institute for Future Energy Consumer Needs and and the Merit-Order Effect - An Econometric Behavior Multi-Country Analysis Marijke Welisch Gustav Resch André Ortner TU Wien 19 Concurrent Sessions

The Study of Impact Factors on the Development of 65. Cross-Border Electricity Issues Factors of the Risk Premia in the Crude Oil Futures Wind Power Prices p.m. (Aud. Finn Kydland) Huei-chu R Liao Xin Jin TamKang University Linda Rud, Presiding University of Aberdeen Yao-Hua Chen Stefan Trück 12:30 NHH Norwegian School of Economics Ya-Wen Chen Macquarie University Department of Economics, TamKang University The Effects of Market Coupling on Day-ahead a.m. -

67. Energy Projects: Finance and Barriers Electricity Prices in Central-Western Europe Allocation of Connection Capacity for Renewable (Aud. Agnar Sandmo) Friederike Knust Power Projects: The Turkish Experience Flensburg University Gozen Mustafa Adeola Adenikinju, Presiding Mustafa Gozen Coordinating Cross-Country Congestion Professor, University of Ibadan Deniz Dastan

Wed. 10:45 Wed. Management Energy Market Regulatory Authority Moving Beyond Levelized Cost of Electricity: Impact

71 Friedrich Kunz

- Alexander Zerrahn of Various Financing Methods on PV Profitability for Willingness to Accept Local Wind Energy

61 Singapore

DIW Berlin Development: Does the Compensation Mechanism Yujia T Tao Matter? Cross-Border Exchange and Sharing of Generation Anton Finenko Jorge H. Garcia Reserve Capacity Energy Studies Institute, National University of Asbjørn Torvanger Marten Ovaere Singapore Steffen Kallbekken

Concurrent S. Concurrent Stef Proost CICERO KU Leuven Pathways of Renewable Generation in the MENA Todd L. Cherry Ewa Lazarczyk Region: Opportunities for Scaling up Green Finance CICERO and Appalancian State University Fridrik M. Baldursson Isabella Dr Alloisio Reykjavik University Francesco Mr Colelli 64. Costs of Abatement (Aud. 14) FEEM The Impact of Conventional Capacity Phase Outs Christoph Boehringer, Presiding on Future Wholesale Prices in CWE Oil Project Selection by Metrics Professor, Carl von Ossietzky University Johan Albrecht Magne Emhjellen Oldenburg Lennert Thomas Petoro AS Sam Hamels Petter Osmundsen Empirical Evidence on The Environmental Kuznets Ghent University Universitetet i Stavanger Curve in Bulgaria Georgi D Kalchev Expanding Cross-Border Electricity Cooperation Techno Economic Effects of Decentralised Battery American University in Bulgaria and Trade in South Asia Supported Photovoltaic Systems Considering Michael A Toman Different Types of Tariffs A Generalized Equilibrium Approach to Balance Govinda Timilsina Albert Hiesl the Residual Abatements Resulting from COP-21 World Bank Development Research Group Reinhard Haas Agreement Michael Hartner Frédéric Babonneau 66. Oil Prices (Aud. Jan Mossin) TU Wien / Energy Economics Group Alain Haurie ORDECSYS Berit Tennbakk, Presiding, The Role of Firm Level Motivations, Barriers and Marc Vielle Partner, THEMA Consulting Group Managerial Capabilities for Diversification in Energy EPFL System Transitions Tyson J Weaver The Relationship Between Oil Prices and the Rig NTNU- Industrial Economics & Technology Complementing Weaknesses in Marginal Abatement Counts: A One-way Street with a Lag Management Cost Curves Ahmed A.A. Khalifa Arild Aspelund Emile J. L. Chappin Qatar University NTNU Delft University of Technology Shawkat Hammoudeh Markus Steen Drexel University, PA, USA Sintef Formulation of a Nationally Determined Massimiliano Caporin Contribution to the Mitigation of Climate Change: University of Padova, Italy A Colombian Case 68. Climate Change and Uncertainty (Aud.. Terje Hansen) Ricardo Delgado Long Memory in the Pass-through of Oil to Natural Universidad de los Andes (Colombia) Gas Price Jose Manuel Sandoval Dayong Zhang Mads Greaker, Presiding Colombian Ministry of Environment Professor, Southwestern University of Finance and Statistics Norway Camilo Alvarez Economics Colombian National Planning Department Investment in Zero Carbon Technologies Under Angela Cadena The Role of Saudi Arabia, in the Oil Market During Uncertainty About Future Climate Policy: Should Monica Espinosa the Period of Declining Prices Governments Target CCS Instead of Renewables? Universidad de los Andes Nourah A Alyousef Mads Greaker King Saud University Statistics Norway Assessing Costs of Delay in Climate Policy Rolf Golombek Sturla F. Kvamsdal Understanding Cyclical Behavior of Crude Oil Frisch Centre SNF - Centre for Applied Research at NHH Production and Consumption and their Effect on Knut Einar Rosendahl Leif K. Sandal Crude Oil Prices Norwegian Univ. of Life Science (HH) NHH - Norwegian School of Economics Marc Gronwald University of Aberdeen The Impact of Natural Disasters on Willingeness Xin Jin to Sacrifice Economic Growth for Environmental University of Aberdeen Business School Protection Vladimir Udalov Research Associate, University of Wuppertal

20 Assessing Hydropower Vulnerability Under The Impact of Forward Commitments on Strategic Uncertain Climate Change in Developing Countries: Underinvestment p.m. Case of Ecuador Thomas-Olivier Leautier Pablo E. Carvajal Toulouse School of Economics University College London - Energy Institute Bert Willems 12:30 Tilburg University Unilateral Climate Policy -- Incidence on African a.m. - Countries Tender Frequency and Market Concentration in the Emmanuel Asane-Otoo Balancing Power Market - The Case of Germany Jan Schneider Florian Weiser Department of Economics, University of Oldenburg Andreas Knaut Frank Obermueller Positive Uncertainty Effects of Near-Term Climate ewi Energy Research & Scenarios gGmbH Policy Recommendations 10:45 Wed. Wonjun Chang Electricity Markets, Renewables Competition and 71 - University of Wisconsin-Madison Forward Contracting 61 Robert A. Ritz 69. Energy Efficiency in Sectors (Aud. 24) Assistant Director of EPRG, Cambridge University

Atit Tippichai, Presiding Renewable Energy and the Pricing of Electricity Asia Pacific Rsearch Centre Futures Sebastian Schwenen S. Concurrent Transportation Energy Efficiency Potentials in APEC Technical University of Munich Region Atit Tippichai 71. European Energy Research Alliance: Discussion Asia Pacific Energy Research Centre on European Energy Policy Towards 2030 and 2050 (Aud. 22) Transition Towards a Zero-carbon Building Sector: Energy Service Companies in the Construction Asgeir Tomasgard, Presiding Business Ecosystem Professor, NTNU, Centre for Sustainable Energy Hanna-Liisa Kangas Studies David Lazarevic Finnish Environment Institute The Role of Transmission and Storage in the Paula Kivimaa European Energy System Towards 2030 and 2050 Science Policy Research Unit SPRU Asgeir Tomasgard NTNU How Do Companies Differ in their Investment Behaviour for Energy Efficiency? Analysing Energy Role of the Cooperation Mechanisms in the RES Intensive Industries With Survey Results and Cluster Target Achievement. A Sad Ending Story? Analysis Natalia Caldés Thomas J Ketelaer CIEMAT Wilhelm Kuckshinrichs Forschungszentrum Jülich GmbH Social Acceptance: A Roadblock or a Chance for the Wolf Fichtner EU Energy Targets? Russell McKenna Johannes Reichl Karlsruhe Institute of Technology Energy Institute at the Johannes Kepler University

Behaviour, Context and Electricity Use: Exploring Nordic Energy Technology Perspectives the Effects of Real-time Feedback in the Swedish Arne Lind Residential Sector IFE Luis Mundaca Mats Tedenvall Expectations About Cost Developments of Tech- IIIEE at Lund University nologies Valeria Jana Schwanitz Cost-optimal Integration of Zero Energy Buildings in Sogn og Fjordane University College the Scandinavian Energy System Karen B Lindberg Open Discussion: Research challenges: How can Gerard L Doorman researchers best support European energy policy Asgeir Tomasgard processes Norwegian University of Science and Technology Pernille S Seljom Institute for Energy Technology Igor Sartori SINTEF Building and Inftrastructure

70. Future Markets & Balancing Markets (Aud. 23)

Toril Christensen, Presiding BKK Produksjon as

The Effect of Wind and Solar Power on the Forward Premium in German Electricity Markets Marius Paschen Department of Economics and Laws, Carl von Ossietzky University Oldenburg

21 Poster Sessions

Mount Ulriken 643 m Demand Response: Smart Market Designs for Smart Consumers

p.m. Monday 20 June, 12:15 p.m. - 1:15 p.m. Nicolas Astier

1:15 Thomas-Olivier Léautier Evolution of New Freight Structure Over Long Run: A Policy Toulouse School of Economics

p.m. - p.m. Assessment Siddhartha Bhasker Distributional Employmental Impacts of China’s Low-Carbon IIM Ahmedabad Targrts by 2030: An CGE Based Analysis Yaqian Mu

Mon. 12:15 Mon. Analysis of (in)Complete Risk Markets for Power Sectors with Can Wang High Shares of Renewable Energies Wenjia Cai Oliver Tietjen Tsinghua University Michael Pahle Potsdam Institute for Climate Impact Research Residential PV Market Prospects in Hungary - Market Size Estimation and Evaluation Framework

Poster S. M. Ulriken Poster Profitability Expectations and Uncertainty in the Barnabás Máté Derekas Photovoltaics Diffusion Process in Germany and Spain, Budapest University of Technology and Economics 2004-2013 Javier López Prol Is the European Building Sector on the Way to Wegener Center for Climate and Global Change Decarbonisation? Agne Toleikyte Between Cooperation and Competition: Assessing The Baltic Lukas Kranz States Energy Security Complex Andreas Müller Migle Vakarinaite Raphael Bointner Institute of International Relations and Political Science, Vilnius Energy Economics Group, TU-Wien University Modelling the Variability of the Wind Energy Resource on Modelling Impacts Of Climate Change On Energy Systems: Monthly and Seasonal Timescales A Critical Review Hans-Kristian Ringkjøb Jennifer Cronin Laboratoire de Météorologie Dynamique & Laboratoire de University College London Probabilités et Modèles Aléatoires Philippe Drobinski Energy Efficiency and the Rebound Effect: A Study of Indian Bastien Alonzo Manufacturing Sector Bénédicte Jourdier Raisa Sherif Riwal Plougonven Max Planck Institute for Tax Law and Public Finance Laboratoire de Météorologie Dynamique Sabuj Kumar Mandal Peter Tankov Indian Institute of Technology Laboratoire de Probabilités et Modèles Aléatoires

A Whole New World: A Model of European-Russian Natural Hybrid Grid Expansion Planning with a High Share of Gas Pricing Renewables: An Austrian Case Study in the City of Salzburg Nathalie Hinchey Andreas Fleischhacker Rice University Felix Hembach Daniel Schwabeneder Impacts of Renewable Energy Sources on Hans Auer Well-Interconnected Electricity Markets: A Regional Case TU Wien Study Sára Tomasics The System Value of Arbitrage and Balancing Services with Péter Bihari Residential Demand Response Budapest University of Technology and Economics Kenneth Bruninx Ágnes Gerse William D’haeseleer MAVIR ZRt. Delarue D Erik KU Leuven Daniel S Kirschen Yury Dvorkin University of Washington

22 Challenges of Coal Logistics in Indian Ports Exploring the Value of Tenant Engagement for Energy

GV Radhakrishnan Conservation and Understanding Owner and Manager p.m. IIMA Perspective for Implementation of Tenant Engagement Programs in Multi-use Residentail Buildings in Toronto 1:15 Modelling of Energy Efficiency in Copper Mining Industry Pallavi Roy

Bernard Tembo Jessie Ma - p.m. University College London (UCL) Philip R Walsh Ryerson University Calculating the Levelized Cost of Electricity Storage Ramtin Attar Andreas Belderbos Imagine My City 12:15 Tue. KU Leuven William D’haeseleer Near Shore Wind Turbines and Their Cost Advantages: Does Erik Delarue Their Cost Advantage Outweigh the Preferences for Visual University of Leuven Disamenities Reduction They Elicit? Pablo Alejandro Hevia-Koch Energy Perspectives – The ASEAN Energy Outlook 2015 Henrik K. Jacobsen Jose Antonio Ordonez Technical University of Denmark S. M.Løvstakken Poster Martin Pudlik Jacob Ladenburg Fraunhofer Institute for Systems and Innovation Research KORA p.m.

Leveraging Home-Purchase Behavior for Buildings Energy The Prospect of Wave Energy using Oscillating Water Column 1:15 Savings: The Case of Apartment Buildings in Seoul System in Bawean Island Seas Indonesia Jaeyoung Jang Afrizal Faisal Ali - p.m. Jiyong Eom Syamsul Hadi Jaewoong Lee Sebelas Maret University KAIST College of Business

Asymmetric Energy Rebound Effect Across Different 12:15 Mon. Household Income Groups Mount Løvstakken 477 m Gioele Figus Tuesday 21 June, 12:15 p.m. - 1:15 p.m. Peter McGregor Karen Turner Experience Learning in Lead-aid Batteries University of Strathclyde

Ding Hao S. M. Ulriken Poster Zhou Peng Zhou Dequn Financialization in the U.S. Gas Market and its Influence on Nanjing University of Aeronautics and Astronautics the Price Dynamics Maria Polikarpova Towards a Long-term Economic Welfare in Deregulated NHH - Norwegian School of Economics Electricity Markets: Testing Capacity Mechanisms in an Experimental Setting Beyond Average Energy Consumption in the French David Lara Arango Residential Housing Market: A Household Classification University of Bergen Approach Santiago Arango Aramburo Déborah DL Leboullenger Universidad Nacional de Colombia, Colombia IFPEN, EconomiX-CNRS, BPCE-SA Erik R Larsen Valerie VM Mignon Universita della Svizzera italiana (Lugano) Switzerland EconomiX-CNRS Emmanuel EH Hache Norwegian Oil Production: a Spatial Analysis IFPEN Giacomo Benini University of Genevra Supply-function Equilibrium and Transmission Pricing Keith Ruddell Tony Downward Andy Philpott University of Auckland

23 Poster S. M.Løvstakken Tue. 12:15 p.m. - 1:15 p.m. Poster Sessions 24 Stuttgart Institute for Diversity Studies inEngineering/University of Meike Tilebein University of Stuttgart Roland MHappach Investment Decisions Power-to-Gas: AFramework for Companies to Support UCL Energy Institute Anandarjah Gabrial University College London, Energy Institute Ukadike VNwaobi Impact of Petroleum Price Uncertainty Unconventional GasDevelopment Costs; Accounting for the A Methodological Framework for theEstimation of Fraunhofer Institute for Systems andInnovation Research Michael Meister Marlene Arens World -The Caseof theEuropean Iron andSteel Industry R&D Strategies of CO2 Intensive Industries inanUncertain University of Ljubljana Aleksandar Kešeljevic Iskra Sokolovska Account Environmental Taxes, Energy Dependence andtheCurrent Technical University Delft Igor Nikolic Leiden University JanGert Kramer Oscar Kraan Agent-based Modelling of Investor Behaviour Understanding GlobalEnergy Transitions Through PEA/EPUSP Jose B.Grimoni A. V.Andre L. Gimenes GEPEA/EPUSP Eduardo M.Viana M.UdaetaMiguel E. Consolidation of theNational Natural Gas Market Uncertainties inBrazilian Energy System Looking for a University of St.Gallen Oliver Gassmann Maximilian Palmie Jonas Kahlert Jonas Böhm Business Models intheEnergy Sector Cutting through Competition -A Strategic Group Analysis for Gallen Chair for Managementof Renewable Energies, University of St. Yuliya Karneyeva Swiss Energy Investments Always Got? Performance Implications of Status Quo Biasin If You Do What You Always Did, Do You Get What You KAIST College of Business Jiyong Eom Gloria JinaKim Analysis of Home Cooling Decision inCalifornia Making Senseof Residential Energy Behavior: anEmpirical Potsdam Institute for Climate Impact Research (PIK) Michael Pahle Potsdam Institute for Climate Impact Research (PIK)/TUBerlin Christian Gambardella Energy Supply Welfare andDistributional Effects under Variable Renewable Real-Time Electricty Pricing withHeterogeneous Consumers: TU Wien Nikolaus Rab Manuel Ziegler Sara Fritz Urban Heat Energy System How Pricing Mechanism for District Heating CanInfluence an