About my research
The objective of my research is to explore how markets can be designed and operated to support the North Sea and wider EU energy transitions. The idea is to develop models that move away from traditional central optimization-based approaches towards models that include the complexities of real-world gas, electricity and other energy markets, including: imperfect competition, barriers to trade, and neighbouring jurisdictions with different market mechanisms.
The models considered are (partial) equilibrium models, cast as mathematical problems with equilibrium constraints (MPECs). The method selected is Complementarity Modelling of Energy Markets and in conjunction with more qualitative analysis, the models will then be used to identify market designs and energy […]