From February to June 2018, this thematic semester, titled “Statistics for the energy markets”, aims to present the recent thinking and developments on this topic, and to identify areas for research and collaboration between practitioners in the industry and academic researchers. It is supported by the “Finance and sustainable growth” Labex of the Institut Louis Bachelier.
The project is structured around three main axes, responding to three current issues in the world of energy markets:
- The modelling of energy markets: recent advances in price modelling in energy markets call for the redefinition of a number of industrial issues (which in turn have implications for risk management).
- Forecasting for renewable energy production: the forecasting of electricity demand and of the production of renewable energy at different space and time scales is essential for the efficient functioning of an energy system with a high proportion of renewables.
- Statistical inference in energy markets: recent advances in price modelling in the energy markets also impact in-depth process statistics, and lead to the reconsideration of its links with statistical finance.
Each of the axes will be the subject of a specific workshop (2 February, 16 March and 25 May 2018)
The thematic semester will conclude with two events:
- A summer school (18-20 June).
- Following the summer school, a closing conference (21-22 June), bringing together the three above-mentioned axes.
Further information, see the About section.