Tyndall Centre Visiting Fellow
SPRU — Science & Technology Policy Research
University of Sussex, UK
DR. SHIMON AWERBUCH
Energy Economics, Finance & Technology
shimon awerbuch
shimon awerbuch
shimon awerbuch shimon awerbuch shimon awerbuch

Selected Invited Presentations and Workshops

2006
Enhancing Energy Security and Mitigating Fossil Risk: The Role of Renewables.
Talk at Energy 2050. Sponsored by Bundesministerium für Verkehr, Innovation und Technologie (BMVIT) Bundesministerium für Wirtschaft und Arbeit (BMWA)
International Energy Agency, Vienna, November 29-30
Photographs courtesy of Arsenal research

Energy 2050 logo Shimon Awerbuch in Vienna 2006
Left to right -
Moderator: Dr. Bettina Bergauer-Culver, BMWA
Prof. Dr. Dusan Povh, Siemens AG
Shimon Awerbuch
Prof. Dr. Friedrich Schneider, Universität Linz
Shimon Awerbuch in Vienna 2006
Energy 2050, Vienna 2006

 

2006
Seminar sponsored by GTZ, the ministry and the KfW Bank
Frankfurt, October 2006

Shimon Awerbuch in Frankfurt 2006
Shimon Awerbuch
Shimon Awerbuch in Frankfurt 2006
Shimon Awerbuch
Shimon Awerbuch in Frankfurt 2006
Left to right -
Shimon Awerbuch
Moderator -  Alexander Ross, Business Journalist-Author, Berlin
Dr. Mario Veiga Pereira, President Power Systems Research, Sao Paolo
Eddy Njoroge, Managing Director, Kenya Electricity Generating Company
Dr. Ajay Mathur, Bureau of Energy Efficiency, India

2006
'Enhancing Energy Security & Mitigating Fossil Risk: The Role of Renewables'
Addressing Rising Energy Prices and their Impacts on Developing Countries: The role of Renewable Energies and Energy Efficiency
World Bank and German Federal Ministry for Economic Cooperation and
Development, Washington DC, April 22

World Bank / IMF Spring Meetings in Washington DC Federal Ministry for Economic Cooperation and development logo world logo

Left to right:
- Awerbuch
- H.E. Ambassador Jose Brito, Cape Verde
- H.E. Heidemarie Wieczorek-Zeul, German Federal Minister for
Economic Cooperation and Development
- Katherine Sierra, Vice President, World Bank
Meeting was sponsored by the German Federal Ministry for Economic Cooperation and Development and the World Bank (Word doc)

2006
'The Role of Wind: Macro and Micro Benefits and Network Integration Issues' European Wind Energy Conference & Exhibition, EWEA, Athens, March

2006
The Economic Benefits of Renewables: Avoided GDP Losses, Energy Security and Risk Mitigation'
Zukunft Braucht Sicherheit, German Wind Energy Association (BWE), Berlin, February 15-16

Shimon Awerbuch in Berlin Shimon Awerbuch in Berlin Shimon Awerbuch in Berlin Shimon Awerbuch in Berlin Shimon Awerbuch in Berlin

2006
'Portfolio Diversification and Free Hedging'
International Grid-Connected Renewable Energy Policy Forum, Energy Ministry of Mexico, Global Environment Facility, Mexico City, The World Bank, February 1
Presentation slides (PDF file)
The International Grid-Connected Renewable Energy Policy Forum (Website link)

2006
'The Role of Wind in Enhancing Scotland’s Energy Diversity and Security: A Mean-Variance Portfolio Optimization of Scotland’s Generating Mix'
Scottish Parliament, Edinburgh, January 17
Presentation slides (PDF file)

2006
'How Wind and Other Renewables Really Affect Generating Cost:
A Portfolio Risk Approach'
Dublin: Irish Parliament, Oireachtas Joint Committee on
Communications, Marine and Natural Resources,
December 6


2005
'Shifting the Grounds for Debate: How Wind and Other Renewables Really Affect Generating Cost'
6th Inter-Parliamentary Meeting On Renewable Energy And Energy Efficiency, Edinburgh, October 7

2005
'Exploiting the Oil-GDP Effect to Promote Renewables and Energy Security'
6th Inter-Parliamentary Meeting On Renewable Energy And Energy Efficiency, Edinburgh, October 7

2005
'How Renewables Really Affect Generating Cost and Energy Security. Turning the Tide: Can We Be Energy Secure?'
Foreign Policy Hub, Brighton, Labour Party Fringe Event, September 28

Corporation on London logo

Foreign Policy Committee logo

2005
'How Renewables Really Affect Generating Cost and Energy Security: A Portfolio Approach'
Britain’s Energy Future: Mobilising the Home Front Behind a More Rapid Move to Renewable Energy Foreign Policy Centre and the Corporation of London, Guildhall: September 13
FPC Energy Security Launch Invitation (Word doc)

2005
'Generating Capacity Investment Planning: Portfolio Theory Approaches'
National Electricity Regulator, Johannesburg: Sep 8

2005
'Generating Capacity Investments: CAPM and Portfolio Implications'
ESKOM, Johannesburg: September 8

2005
'Generating Capacity Investment Planning: Portfolio Theory Approaches'
Structuring Policy and Regulatory Frameworks for Clean Energy Markets, REEEP Southern Africa Regional Secretariat, Johannesburg: September 7

2005
'Utility financing: Comparing investments in capital-intensive with investments in fuel intensive facilities'
CEPE-Colloquium, Centre for Energy Policy and Economics (CEPE), Swiss Federal Institute of Technology (ETH) Zürich: June 30

2005
'Evaluating Generating Asset Investments: CAPM and Portfolio Approaches'
Competitiveness & Valuation of Hydropower in Liberalised Markets, CEPE & BKW-FMB Energie AG, Berne: June 29

2005
'Portfolio-based Electricity Generation Planning and its Implications for Renewables and Energy Security,'
Department of Trade and Industry (DTI-Renewable Energy Policy) London: June 21

2005
'Challenging the Energy Mix: How Renewables Really Impact Cost and Energy Security'
Energy Ireland 2005, Dublin, June 13-14
Energy Ireland Conference 2005 (Website link)
Energy Ireland Conference 2005 Programme (PDF file)
Shimon's Plenary Session slides (PDF file)

2005
'Portfolio-Based Planning'
How Renewables Really Affect Overall Generating Costs and Energy Security, Bezanec-Zagreb, Croatia, June 6–9
Task 29 – Socio-Economic Drivers (PDF file)

Shimon and Dr Goran Granic - Director Energy Institue Hrvoje Pozar.

 

2005
'Portfolio-Based Electricity Generation Planning'
The Role of Renewables in Enhancing Energy Diversity and Security, Tunis, Tunisia, April 26th - 27th
Sustainable Energy Finance Initiative seminar overview (Website link)
Shimon's seminar slides (PDF file)

2005
"Energy Planning and Technology Choice," World Bank Energy Week 2005, Washington, DC, March 12-14
The World Bank Group - Energy Week 2005 Presentations (Website link)
Energy Week 2005 - Speakers in Plenary Sessions (PDF file)
Shimon's Plenary Session slides (PDF file)
Shimon's Parallel Session slides (PDF file)

2005
'The Real Cost of Electricity Generating Alternatives'
A Portfolio Approach, OPERA, London, February 22

shimon Awerbuch opera presentation

Shimon Awerbuch, OPERA presentation, Febrary 2005.

shimon Awerbuch opera presentation

Slide presentation, OPERA, Febrary 2005.

OPERA - Oil, Petrochemical and Energy Risks Association (Website link)
Shimon's presentation slides (PDF file)


2004
"The Role of Renewables in Enhancing Energy Diversity and Security: Portfolio Approaches,"  E4D, Energy for Development, Netherlands Ministry for Development Cooperation and State Secretary for Housing and Environment, World Bank and UNDP; Noordwijk, December 12-14

2004
"Recommendations & Outcomes: Energy Security, Renewables and Energy Efficiency," E4D, Energy for Development, Parallel Session 6: Noordwijk,  December 12-14
Energy 4 Development presentation slides (PDF file)
Energy 4 Development programme (Word doc)

2004
“The role of Wind in Energy Security,” 2004 Wind Energy Conference & Exhibition, 22-25 November, London
The Role of wind in Energy Security (PDF file)
EWEA conference website (Website link)

2004
“Integrating Wind Into the Power Grid: New Electricity Production and Delivery Paradigms,” Rewiring Scotland, Scottish Renewable Energy Council Edinburgh: September 14
Rewiring Scotland

2004
“Renewable Energy Growth and Grids: The Role of Wind/RE in New Electricity Production Delivery Paradigms,” Dublin: Airtricity-EWEA Chief Executives Forum, May

2004 “Valuing Conventional & Renewable Generating Technologies: A Finance-Accounting Theoretic Survey Dublin: Sustainable Energy Ireland, June 28
Sustainable Energy Ireland (Word doc)

2004
“Portfolio and Diversity Analysis of Energy Technologies Using Full-Spectrum Risk Measures,” Commissioned Conference White Paper (with A.C. Stirling and J. Jansen), Understanding and Managing Business Risk in the Electric Sector, Funded by The Alfred P. Sloan Foundation, Henry Bloch School of Business & Public Administration, University of Missouri-Kansas City and Federal Reserve Bank of Kansas City, April 15-16.

2004
“Decentralized Electricity Networks, Mass-Customization and Intermittent Renewables in the 21st Century: The Role of Power Networks in Energy Diversity and Decarbonisation” World Energy 30 Years after the First Oil Crisis, Energy Policy Journal Editorial Board Meeting and Workshop, Hong Kong Baptist University, March.

2004
“Renewable Energy: How to create a level-playing field.” Intelligent Policy Options: European Conference for Renewable Energy; EC and German Environment Ministry, Berlin: 19-21 Jan, (Second European Regional Preparatory Conference for the World Renewables Conference, Bonn, June 2004).
Video & slides: Intelligent Policy Options (Requires viewer)

2004
“Macro-engineering for Climate-change: Retrospectives of a Financial Economist,” Macro-Engineering Options for Climate Change Management & Mitigation, Tyndall Centre and Cambridge-MIT Institute, Isaac Newton Institute, Cambridge, Jan 7-9,
Presentation slides (PDF file)


2003
“What Finance and Accounting Theory Tell us about Valuing New Technologies and Processes,” Freeman Centre Seminar Series, (SPRU/CENTRIM), December 5.

2003
“Valuing Renewables and other New Technology: The Role of Contemporary Finance & Accounting Theory,” Environmental Policy & Management Group (EPMG), Imperial College, London, November 26.

2003
“Do Renewables Cost More? Shifting the grounds for debate” Keynote Presentation, 1st Sønderborg Conference on Renewable Energy, Danish Ministry of the Environment, Sønderborg, DK, September 17.
Keynote Presentation (Word doc)

2003
“Do Renewables Cost More? Portfolio Approaches to Energy Security,” Renewable Energy & Energy Efficiency Partnership (REEEP), Full Partners’ Meeting, London: British Foreign Office, September 15–16, 2003
Electricity Industry Center (PDF file)

2003
“Dispelling the Myths— Do Renewables Cost More?” Brussels: 1st Ministerial Meeting, Johannesburg Renewable Energy Coalition, June 4.

2003
“Valuing New Technology: The Case of Photovoltaics and Other Capital Intensive Renewables,” Operations and Technology Management Research Seminar, London Business School, March 26.
Seminar Slides (PDF file)

2003
“Do Renewables Cost More? Insights from Contemporary Finance and Accounting Theory,” Comité de Desarrollo y Tecnología, Energy Ministry, Mexico City, February 20.


2002
"Energy Diversification and Security in the EU: A Mean-Variance Portfolio Analysis" Doing Business in the Renewable Energy Market & the Transition to a More Decentralised Power System, Brussels: Eurelectric, November 26-27.

2002
Valuing Renewable Generation and Other Technology: A Finance-Accounting Oriented Survey,” Pittsburgh,: Carnegie-Mellon Electricity Industry Center, Graduate School of Industrial Affairs, November 4
Electricity Industry Center (PDF file)

2002
Opening Paper: "Integrating Renewables And DG Into The Network: A Proposal For Radical Organizational and Regulatory Change In Europe," Second International Symposium on Distributed Generation, Royal Institute of Technology (KTH), Stockholm, October 2-4.

2002
Keynote Lecture: "Valuing Renewables: Insights from Finance and Accounting Theory," 1st International Conference on Sustainable Energy Technologies, Faculdade de Engenhairia, Universidade do Porto, Portugal, June 12-14, 2002.

2002
"The Role of Fixed-Cost Renewables in Power Generation Portfolios," European Energy Power Risk Management, Risk-Waters Group, Amsterdam, May 2002.

2002
"A Finance-Oriented Approach to Renewables Valuation: Risk-Adjusted Electricity Cost Estimates, Portfolio Valuation and Network Pricing/Organization Issues," Energieonderzoek Centrum Nederland (ECN), Amsterdam, May 29, 2002.


2001
“Do Renewables Cost More? Evidence From Contemporary Finance and Accounting Theory,” Ministry of the Environment, Rome, Italy, April 20.

2001
"The implications of Network Governance, Regulation and Pricing Policies for Distributed and Renewable Energy,"  The Impact of Electricity Network Organization, Regulation and Pricing on Renewables and Distributed Generation, Organizatiponal Meeting, Paris: International Energy Agency, November 29
REDGSA1.PDF (PDF file)


2000
“Transmission Pricing and Organization in the Newly Restructured US Market: Promoting Efficiency and Innovation,” University of Urbino (Italy), December.

2000
“Issues in the Application of Finance and Accounting Theory to the Valuation of New Technology: The Case of Renewables-Based Electricity,” University of Urbino, (Italy) December.

2000
“The Case for Renewables in Power Generation Portfolios,” Montreux Energy: Aspen Clean Energy Roundtable, September 27-29.

2000
“Transmission Investment, Efficiency and Profitability Under Price Cap Regulation,” Creating Incentives for Investments Transmission, DC: September 21-23.

2000
“The Implications of Finance and Accounting Measurement for Valuing Energy and Environmental Policy,” Paris: International Energy Agency, July.

2000
“Economic Overview: Independent Transmission Companies— Regulation and Pricing,” Transmission Summit 2000, DC: April 3.

2000
“Regulation & Pricing for Distribution: The Role of Access and Usage Charges,” IREC–NARUC Stakeholder Meeting, NARUC, DC: March 4.
IREC


1999
“Ownership Structure and Regulation of Independent System Operators in Electric Supply,” (with M. Crew and P. Kleindorfer) Advanced Workshop in Regulation and Competition, Graduate School of Management, Rutgers University, Newport, RI, May.

1999
“Investing in Distributed Generation: Risk, Accounting and the Value of New Technologies,” Symposium on Decentralized Energy Alternatives, Columbia University.

1999
“Independent Transmission Companies: Access and Usage Charges for Transmission Network Services,” Amos Tuck School of Business Administration, Dartmouth College, Hanover, NH, May.


1998
“The Implications of Finance & Accounting Measurement for Energy Policies,” University Seminar, Columbia University, NYC.


1997
“The Virtual Utility: Tools for Survival in a Restructured Environment,” Plenary Presentation, AMRA 10th Annual Symposium, Chicago, September.
The Virtual Utility

1997
“Value Creation: Analyzing the Costs of Activities and Processes,” (w/Alistair Preston), Entergy Corporation.

1997
“Measuring the Benefits of Radical and Incremental Process Improvements,” (w/Alistair Preston), Entergy Corporation.

1997
“Innovation and Process Change: The Role of Accounting Cost Drivers,” Client Presentation.


1995
“Economic Valuation of Solar/Renewable Technologies,” Third Session of the United Nations Commission on Sustainable Development, UN Plaza, NY.


1993
"The Role of Finance and Accounting Theory in the Valuation of New Energy Technologies," International Workshop on New Energy Technologies; Energy Mines & Resources–Canada, The Netherlands Agency for Energy and the Environment, US EIA; Toronto.

1993
"What Finance Theory Has to Say about the Valuation of New Technology in IRP," Dallas: TU Electric.

1993
"The Valuation of Renewables in IRP" Charlotte: Duke Power Company.

1993
"The Application of Finance Theory to IRP," Portland: Oregon PUC.


1992
"Applying Finance Theory to the Valuation of New Technology," Midland: The Dow Chemical Company.

1992
"The Application of Finance Theory to Project Selection," Edison Electric Institute

1992 "The Role of Finance Theory In Evaluating Utility Technology Alternatives," NARUC Finance and Technology Committee, D.C.


1989
"Depreciation for High-Technology Assets in a Multi-Asset Setting,” Advanced Workshop in Regulation, Rutgers University.

1989
The Partially Regulated Firm and Accounting-Based Regulation: Issues in Capital Budgeting &Technology Adoption," Graduate School of Business, Columbia University

Frankfurt, Germany, 2006

Shimon Awerbuch in Frankfurt 2006

Left to right -
Shimon Awerbuch
Wolfgang Kroh, Managing Director, KfW Bank Group
Edward Njoroge Managing Director, Kenya Electricity Generating Company

Shimon Awerbuch, Wolfgang Kroh and Edward Njoroge

Berlin, Germany, 2006

Shimon Awerbuch and Luc Werring

Shimon Awerbuch and Luc Werring, Advisor to the Director General, European Commission

Zagreb, Croatia, 2005

Shimon Awerbuch and Dr Goran Granic

Shimon Awerbuch and Dr Goran Granic - Director Energy Institue Hrvoje Pozar.

Mind's Eye Design