The upcoming Workshop on New Challenges in Energy Markets will take place at the Banff International Research Station (BIRS) for Mathematical Innovation and Discovery in Banff, Alberta, Canada, September 22-27, 2019 and will focus on: data analytics, modelling and numerics, see: http://www.birs.ca/events/2019/5-day-workshops/19w5229.
The workshop was initiated after a Lorentz Workshop between academia and industry in the Lorentz Center (Leiden, the Netherlands) in 2017 on Applied Mathematics Techniques in Energy Markets in Transition (methods for risk management issues, energy derivatives, and on demand flexibilization in energy intensive industry).
Energy markets have become fertile ground for the application of new mathematical techniques, but much work is still needed. As markets become more integrated, renewables grow, regulations change and new products appear, old modelling approaches must be adapted or dropped in favour of new, flexible, computationally-efficient and well-calibrated models to better understand unusual and complex risks, price dynamics and participant behaviour.
The BIRS Workshop welcomes both young PhD students or postdocs and senior researchers as well as people from industry to cross fertilize innovative and complementary ideas and to stimulate interdisciplinary collaboration across academia and with industry.
For contact:
Prof. Matthias Ehrhardt, Bergische Universität Wuppertal, Germany.
