Conference Program

Keynote speeches take place in Hall A1. Talks of the parallel sessions take place in Hall A1 [Hörsaal A1] (left column) or Hall A2 [Hörsaal A2] (right column).

Preliminary Schedule (as of September 12, 2017)

Day 1 - Tuesday, September 12, 2017:

TimeRoom A1 - Stream Energy Infrastructure and TradingRoom A2 - Stream Macroeconomics
11:00Welcome and Introduction

Keynote Speech 1:

Lutz Kilian, University of Michigan - Lower Oil Prices and the U.S. Economy: Is This Time Different?

12:10Lunch Break
PS1Valuing FlexibilityConsumption & Growth
13:00Christian Pape: The Impact of Intraday Markets on the Market Value of FlexibilityDietmar Lindenberger, Florian Weiser: Analysis of Economic Growth in Germany Using Disaggregated Energy-Dependent Production Functions
13:40Sven Böhme: When they go low or high - Hedging instruments for distributional tailsMonika Papiez, Slawomir Smiech, Katarzyna Frodyma: The impact of development of the renewable energy sector in the EU on the relationship between renewable and non-renewable energy consumption and economic growth
14:20Coffee Break
Risk ManagementVolatility in Commodities
14:40Henrik Specht: Finding an efficient hedge strategy on corporate levelRobinson Kruse, Christoph Wegener: Time-varying persistence in commodity markets and its determinants
15:20Duc Khuong Nguyen, Thomas Walther: Identifying the Long-term Volatility Drivers of Commodity Markets
16:00Coffee Break

Keynote Speech 2:

Pierre Siklos, Wilfrid Laurier University - Commodity Prices, Inflation, and Inflation Expectations

17:30Departure from Haus der Technik to Gasometer Oberhausen
18:00Tour at Gasometer Oberhausen
19:30Transfer from Gasometer Oberhausen to Heiner's Restaurant
22:00Transfer back to HDT

Day 2 - Wednesday, September 13, 2017: 

TimeRoom A1 - Stream Energy Infrastructure and TradingRoom A2 - Stream Macroeconomics
PS3Challenges in Financing & Regulation
09:00Nasir Kolade: Empirical Relationship Between Energy Infrastructure, Project Finance and Other Conventional Sources of Financing Using Generalised Method of Moments to Explain the Variations in Energy Projects Financing (Nigerian Energy Sector).
09:40Gunnar Kaestle: Man-Made Wind Eclipse: Market Triggered Step Response of Electric Power Systems


10:20Coffee Break
Challenges of Sustainable Power Markets
Shocks, Risk and Uncertainty in Fossil Fuel Markets
10:40Julia Bellenbaum: Optimal allocation of transmission capacity between reserve procurement and electricity spot marketLanour Charfeddine, Tony Klein, Thomas Walther: Oil price shocks and the macro-economy: is this time different?
11:20Christoph Weissbart: Decarbonization of Power Markets and Fairness: An Application of Cooperative Game TheoryAndreas Tornaritis: An examination of the Institutional Hazards, Risks and Uncertainties that International Oil Companies encountered in Cyprus’s Natural Gas Industry

Lunch Break


Keynote Speech 3:

Dr. Hans Bünting, innogy SE - Sector Coupling as driver for the energy transition

Electricity Price ModellingOil & Money
13:50Florian Ziel: Probabilistic Mid- and Long-Term Electricity Price Forecasting: A supply and demand curves based approachJoscha Beckmann, Robert Czudaj, Vipin Arora: The Relationship between Oil Prices and Exchange Rates: Revisiting Theory and Evidence
14:30Wieger Hinderks: Factor models in the German electricity market: stylized facts, seasonality, and calibrationTimo Baas, Ansgar Belke: Oil price shocks, monetary policy and current account imbalances within a monetary union
15:10Closing Remarks

Additional Information & Download

All concurrent session speakers will have approximately 40 minutes (including discussion - e. g. 30 min talk, 10 min discussion) to present their paper.