“The biggest challenge for project developers in determining auction bids is to find the right balance between competitiveness and profit maximization based on profound assessments of their own costs and risks as well as the competitive situation.” Chris, in his speech at Operations Research 2018 in Brussels: In the conference’s Finance stream, he presented to various finance experts from research and practice how our innovative financial modeling approach supports in enhancing the strategic bidding in renewable energy auctions. The experts’ reactions were very positive, leading to an invitation for a fast-track submission of the corresponding research article in a prestigious Operations Research journal.

https://www.euro-online.org/conf/or2018/treat_abstract?paperid=385