Research event

Forecasting the European carbon market – modelling concepts in the context of the current market developments

Join us for a talk by Philipp Ruf, Director, Power and Carbon Analytics, on the fundamental and behavioural aspects of carbon market modelling within the context of market developments. Chaired by Lion Hirth, Assistant Professor of Governance of Digitalisation and Energy Policy, Hertie School.

Please register here.

In this talk by Philipp Ruf, he will discuss the fundamental and behavioural aspects of carbon market modelling and examine them in the context of current market developments. In particular, he will look at forward hedging from utilities as well as banking activities from industrials. In light of the latest price developments, financial players and their impact on price developments will also be studied. Lastly, he will highlight the potential market impacts of current legislative discussions like Brexit or a German Coal Phase out.

Philipp Ruf is the Director of Power & Carbon Analytics at ICIS, a multi-award winning data and analytics provider for global energy and petrochemical markets. Since he joined ICIS (formerly Tschach Solutions) in 2012, he is responsible for quantitative and qualitative research for ICIS’ EU ETS coverage. With the on-going expansion of the energy analytics business of ICIS, he has broadened his responsibilities to long-term power market analysis and forecasting. He is the lead author of several reports on the EU ETS including political developments, like the Market Stability Reserve and the Post-2020 EU ETS reform, as well as market developments as changing trading activity.

Lion Hirth is Assistant Professor of Governance of Digitalisation and Energy Policy at the Hertie School. His research interests lie in the economics of wind and solar power, energy policy instruments and electricity market design, as well as open data and open-source modelling. Lion is also Research Fellow at the Mercator Research Institute on Global Commons and Climate Change (MCC), Director of the consulting firm Neon, and Secretary of Strommarkttreffen, a network of energy professionals. His academic publications on the market value of wind energy and on the integration of renewable energy into power systems have won several awards. He holds a PhD in Energy Economics, and Diploma in Economics, and a Magister in Political Science.