On Monday, May 11th, Professor of Norwegian School of Economics (NHH) Dr. Mette Helene Bjørndal gave a public lecture at ISET conference hall. Prof. Bjørndal held the presentation titled “Insights into the Nordic Energy Market”. The main aspects of the presentation was to review structure, main characteristics of Nordic power market and peculiarities of its integration into other European electricity markets.

Prof. Bjørndal started her presentation by introducing some basic characteristics of power sectors of Scandinavian countries. She covered some issues of the market design, its components, and architecture. Prof. Bjørndal compared integrated and unbundled systems by providing examples and commented on how unbundling was done in Scandinavia.

On April 17th, ISET was honored to welcome Her Excellency Ms. Maria van der Hoeven, Executive Director of International Energy Agency (IEA), a leading international institution in energy sector. Prior to becoming Executive Director of IEA, Ms. van der Hoeven served as the Minister of Economic Affairs, the Minister of Education, Culture and Science and a member of the parliament of the Netherlands.

Ms. van der Hoeven visited school facilities, met with ISET faculty members and introduced findings of IEA's recent publication "Energy Policies beyond IEA Countries: Eastern Europe, Caucasus and Central Asia" to the broader ISET community (hardcopy of this publication is available in our library). Report analyzes current energy challenges and opportunities in Eastern Europe, Caucasus and Central Asia.

On March 23-27, 2015, Levan Pavlenishvili, Research Fellow at ISET-PI, Energy Policy Research Center, attended Ph.D. Winter School on “Energy Systems and Markets” in Kvitfjell, Norway. The course covered topics of market design, operations and investment, risk modeling and pricing on energy, primarily on electricity markets. Methods used during the offered course were: computational equilibrium analysis, stochastic optimization and deterministic optimization. The course consisted of 30 hours of lectures and Levan acquired 2.5 ECTS credits for attending the winter school.
Winter school was organized by Norwegian University of Science and Technology (NTNU), Norwegian School of Economics (NHH), and Center for Sustainable Energy Studies (CenSES).

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