Conference on Climate, Weather and Carbon Risk in Energy and Finance

You are cordially welcome to participate in this three-day conference on climate, weather and carbon risk in energy and finance. The conference will gather academics and practitioners, discussing the latest advances on the stochastics of risk measuring, modeling and managing, with a focus on energy systems, markets and finance (ESG).

Key topics involve modelling uncertainty in weather and climate, optimisation problems related to energy systems to control emissions, as well as measuring risk factors related to climate change. 

There will be several invited talks by leading researchers as well as selected contributed talks by participants.

 

Invited speakers

Hannah Bloomfield (Bristol, UK)

David Brayshaw (Reading, UK)

Florentina Paraschiv (Zeppelin University, Germany)

Gerhard Stahl (HDI):

  • Title of talk: Prolegomenon of managing climate risks

Trude Storelvmo (Oslo, Norway)

Peter Tankov (ENSAE, France)

Luca Taschini (LSE, UK)

Program

The conference aims to bring together experts from various fields to discuss risks in energy systems and markets and finance, related to climate (change), weather, and carbon risks. Although connected thematically, it is possible to attend only parts of the conference (i.e. finance/energy). The indicative daily schedule is as follows:

Monday May 30: Carbon risk and ESG finance

09:00 - 09:45 Plenary Speaker Luca Taschini (Nailing down volatile temperatures: examining their effects on asset prices)
09:45 - 10:15 Coffee break
10:15 - 12:00 Contributed talks Andrej Bajic (Climate Disclosure: A Machine Learning-Based Analysis of Company-Level Emissions and ESG Data Disclosure)
Alexander Blasberg (Climate Default Swap - Disentangling the Exposure to Transition Risk Through CDS)

Rüdiger Kiesel (Net-zero and beyond)

12:00 - 13:00 Lunch
13:00 - 13:45 Plenary speaker Gerhard Stahl (Prolegomenon of managing climate risks)
14:00 - 15:00 Contributed talks Jan Wollmann (Equilibrium models for the market stability reserve with non-linear cost function)
Dennis Schroers (Functional data analysis for volatility estimation of spatio-temporal data)
15:00 - 15:30 Coffee break
15:30 - 16:15 Plenary speaker

Trude Storelvmo (The climate casino – an experiment at the interface between climate science, economics and game theory)

16:30 - 18:00

Mingling at dScience 

Talks by Lars Oswald Dahl (NBIM) and Morten Dæhlen (dScience), accompanied by refreshments

Tuesday May 31: Climate and weather risk in energy systems

09:00 - 09:45 Plenary speaker Florentina Paraschiv (Sustainable Finance Trends - Reshaping the Markets)
09:45 - 10:15 Coffee break
10:15 - 12:00 Contributed talks Marcus Eriksson (European Power Price Modelling)
Gabriele Martinelli (Long term modelling in European markets)
Maximilian Roithner (Evaluation of varying spatial resolution in power system modelling)
12:00 - 13:00 Lunch
13:00 - 13:45 Plenary speaker Hannah Bloomfield (Using multi-decadal meteorological datasets to understand extreme events in present and future energy systems)
13:45 - 14:15 Coffee break
14:15 - 16:00 Contributed talks Aleksander Grochowicz (Intersecting near-optimal spaces)
Koen van Greevenbroek (Designing resilient energy system against weather variability)
James Price (The role of low carbon dispatchable power in enabling a highly renewable UK energy system)

Wednesday June 1: Climate and weather risk in energy systems

09:00 - 09:45 Plenary speaker Peter Tankov (Green Investment and Asset Stranding under Transition Scenario)
09:45 - 10:15 Coffee break
10:15 - 12:00 Contributed talks Alfred Müller (A copula-based time series model for global horizontal irradiation)
Mari Dahl Eggen (The multivariate ARMA/CARMA transformation relation)
Natalia Sirotko-Sibirskaya (Distributionally Robust Transmission Planning under Wind and Solar Power Uncertainty)
12:00 - 13:00 Lunch
13:00 - 13:45 Plenary speaker David Brayshaw (Understanding weather and climate risk assessment in energy systems using numerical modelling)
13:45 - 14:15 Coffee break
14:15 - 16:00 Contributed talks Fei Wu (Is Ancillary Bioenergy without Land-use Conflict Sufficient for a Fully Renewable European Energy System in 2050?)
Smaranda Sgarciu (Clustering techniques for stochastic weather modelling in energy systems)
Martin Kittel (Severity of variable renewable energy droughts in Europe)

Coordinates

Venue: Conference room 12th Floor in Niels Henrik Abels Hus, University of Oslo

Registration: Everyone who wants participate on the conference must register here:  Registration link (Deadline April 30, 2022).

Contributed talk: If you like to contribute with a talk, please submit a title and extended abstract/paper by March 31, 2022. A scientific committee will select talks and notify their decision by April 15, 2022. 

Sponsors: UiO:Energy and the HDI Group have kindly made funding available for this conference. 

There are no fees for attending the conference.

Organizer

Fred Espen Benth (University of Oslo), Aleksander Grochowicz (University of Oslo), Rüdiger Kiesel (Duisburg-Essen University), Gerhard Stahl (HDI Group) and Marianne Zeyringer (University of Oslo)
Tags: Energy systems, sustainable finance, carbon risk, Stochastic control, risk management
Published Nov. 1, 2021 3:15 PM - Last modified May 18, 2022 2:35 PM