Our energy research programme was set up in 1986 to provide modelling advice on forecasting and capacity planning to the CEGB, the UK public-sector electricity monopoly.
Following the industry restructure and privatisation in 1990, focus shifted to strategic modelling, price behaviour and the problems of a competitive industry. Since then we have extended our research through collaborative work with companies and government agencies worldwide.
The Energy Markets Group (EMG) has become known for:
We work with public and private energy utilities to improve competency in the application of new techniques of analysis.
In doing so, we have developed a worldwide reputation for the application of innovative market price and investment models, agent-based simulation techniques, risk analysis and energy econometrics, which are used to:
The EMG has carried out policy and industry-wide studies to complement strategic insight at the company level.
We have been able to provide evidence to policy-makers relating to:
We have taken on projects for a wide range of organisations and private companies worldwide, focusing on the liberalisation of markets, investment, pricing and demand-side issues.
Facilitating the exchange of international experiences between analysts and managers is another important aspect of our work. We regularly host visiting scholars who benefit from participation in our activities.
A variety of courses, advanced workshops and seminars are organised, both for open enrolment and company specific.
Modelling and Forecasting Energy Prices (2 days) is an innovative, advanced course which seeks to give participants practical insights into the latest techniques for analysing energy commodity prices.
Modelling and Managing Electricity Markets (2 days) is a specialised, advanced course which seeks to give industry participants, policy-makers and regulators an understanding of the structural and strategic evolution of electricity markets.
The London Energy Forum is an annual two day advanced conference which has sought to be an interface between research and practice, with a focus particularly on policy risks and energy investment. It has become internationally well-regarded for the quality of the discussions.
Further details on the above events, or inquiries about related activities can be sent to email@example.com
The EMG research programme is directed by Professor Derek Bunn, and engages a number of London Business School researchers, affiliates and visiting scholars.
Our PhD students go on to take up posts in world class business schools and universities, with several now holding full professor positions. Placements of PhD graduates who have undertaken their PhDs with us in energy markets include Harvard, Berkeley, LSE, Oxford, Imperial, Warwick, EUI, Essec and IMD.
In addition we regularly host visiting scholars and PhD students from other universities who work with us on joint research projects over various periods of time. Visitors have joined us from universities and energy research organisations from over 20 different countries worldwide.