It is great pleasure to welcome you to the 10th European Energy Market Conference, EEM13, in Stockholm, Sweden, May 27-31 2013.
The International Conference on the European Energy Market is a premier forum for the exchange of ideas, open and direct discussion on the development of the energy markets in Europe. It has achieved a considerable success during the past nine editions covering the electricity and gas markets policies and experiences, climate change impacts on the sector and developments at the European level.
In 2013 this event is hosted in the KTH Royal Institute of Technology in Stockholm. The conference hosted several sessions with keynote speakers from the European institutions, industries, market agents and prominent academicians. Our parallel tracks with presentations and poster sessions covered a variety of energy topics, including a few new ones, focusing on the latest research. We had prepared a rich networking and social program, enabling additional discussion opportunities for the exchange of best practices.
On behalf of the local organising committee, I wish you a pleasant stay in Stockholm and I hope that the conference will be a rewarding and useful experience for you and your foundation's work.
General-chair of the 10th European Energy Market Conference.
challenges and opportunities
by Dr. G. Migliavacca
by Dr. A. Jokic
by Prof. M. Howells
Darryl R. Biggar is an economist with the Australian Competition and Consumer
Commission and the Australian Energy Regulator. He specializes in the economics
of regulation, including issues such as the design of incentive mechanisms,
foundations of regulation, and the design of electricity markets and water markets.
He has a particular interest in electricity markets including issues of nodal and
zonal pricing and the measurement and control of market power. Prior to the ACCC,
he worked for the OECD in Paris, the New Zealand government, and for University
College, London. Biggar has a PhD in economics from Stanford University and an MA
in Mathematics from Cambridge University.
Talksummary Keynote slides
Frank A. Wolak is the Holbrook Working Professor of Commodity Price Studies
in the Economics Department and the Director of the Program on Energy and Sustainable
Development at Stanford University. From January 1, 1998 to March 30, 2011, Wolak
was the Chair of the Market Surveillance Committee (MSC) of the California
Independent System Operator. In this capacity, he prepared over 60 reports and
opinions on the market design, performance, and oversight of the California
electricity market for the management and Board of Governors of the California ISO
and the Federal Energy Regulatory Commission (FERC). He has also testified numerous
times at the FERC, and at various Committees of the US Senate and House of
Representatives on issues relating to market monitoring and market power in energy
markets. Wolak has worked on the design and regulatory oversight of the electricity
markets internationally in Europe in England and Wales, Italy, the Nordic countries,
and Spain; in Australia/Asia in New Zealand, Australia, Indonesia, Korea, Singapore,
and the Philippines; in Latin American in Brazil, Chile, Colombia, El Salvador,
Honduras, Peru, and Mexico; and the US and Canada in California, New York, PJM,
Texas (ERCOT), and New England and Alberta and Ontario.
Talksummary Keynote slides
Jean-Michel Glachant took his Master's degree and Ph.D. in economics at La Sorbonne in France. His Ph.D. was published by the Presses de La Sorbonne. After having been employed by the industry and private sector he became assistant professor at La Sorbonne (1981), associate professor and finally full professor (1999). He left La Sorbonne for University Paris Sud in Autumn 2000 where he took the direction of the department of economics and founded the research team 'Groupe Réseaux Jean Monnet' and later the European Erasmus Mundus Master EMIN (Economics and management of network industries). He has been advisor of DG TREN, DG COMP & DG RESEARCH at the European Commission and of the French Energy Regulatory Commission (CRE). He is a research partner in the CEEPR at MIT (USA), the EPRG at Cambridge University, the EEI at the University of Leuven and the GIS Larsen at University Paris Sud. His main research interests are the building of a common European energy policy (security of supply, renewable energy, energy efficiency, energy technology policy, and climate change policy), the achievement of the European energy internal market (design, regulation and competition policy), the industrial organization and market strategy of energy companies. He has been Director of the Loyola de Palacio Energy Policy Programme and Florence School of Regulation from Autumn 2008.
Ross Baldick is a Professor in the Department of Electrical & Computer Engineering at The University of Texas at Austin.He received his B.Sc. and B.E. degrees from the University of Sydney, Australia and his M.S. and Ph.D. from the University of California, Berkeley. From 1991-1992 he was a post-doctoral fellow at the Lawrence Berkeley Laboratory. In 1992 and 1993 he was an assistant professor at Worcester Polytechnic Institute. Dr. Baldick has published over forty refereed journal articles and has research interests in a number of areas in electric power. His current research involves optimization and economic theory applied to electric power system operations, the public policy and technical issues associated with electric transmission under deregulation, and the robustness of the electricity system subject to terrorist interdiction. In 1994, Dr. Baldick received a National Science Foundation Young Investigator Award. He recently completed a textbook based on a graduate class, "Optimization of Engineering Systems" that he teaches in the Electrical & Computer Engineering Department at The University of Texas. He also teaches a three-day short-course "Introduction to Electric Power for Legal, Accounting, and Regulatory Professionals" and a one-day short-course "Locational Marginal Pricing" for non-technical professionals in the electricity industry. He is an editor of IEEE Transactions on Power Systems and the chairman of the System Economics Sub-Committee of the IEEE Power Engineering Society.
Steven Stoft received his B.S. in engineering math in 1969 and his Ph.D. in economics in 1982 from U.C. Berkeley. He is the author of Power System Economics (Wiley-IEEE Press, translated into Chinese, Russian and Persian). In 1998-99 he spent a year at the Federal Energy Regulatory Commission. Starting in 1999 he consulted for PJM's market monitor. In 2002 he served as the expert economic witness before FERC for California's Public Utilities Commission in their attempt to reset long-term contracts signed during California's electricity crisis. From 2004 to 2006, he helped design ISO-New England's capacity market and successfully defended it before FERC. In 2006 Stoft shifted his focus to climate policy, publishing Carbonomics in 2008 followed by several articles on international climate negotiations. He is now consulting for the UK's Department of Energy and Climate Change regarding their capacity market design.
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Lennart Söder, , born 1956, is professor in Electric Power Systems at KTH since 1999. He leads a department of 40 people engaged in research and education in the field of Electric Power Systems. This includes studies of power system stability, transfer opportunities, electricity price formation, smart grid, the impact of wind and solar energy, regulation of hydropower, the effect of economic regulation, new technologies the phase angle measurements etc. Lennart Söder has participated in several national studies and he was the government's sole investigator for the Grid Inquiry. He is active in several international collaborative projects in Sweden, the EU and the IEA.
Talksummary Keynote slides