The University of Vaasa organizes a seminar on the economic analysis of electricity markets and energy literacy on Friday, February 2nd.

The keynote speaker is Professor Massimo Filippini (ETH Zürich & USI Universita della Svizzera italiana), who will speak on energy-related investment literacy and energy efficiency. The seminar will last from 9 AM to 5:30 PM and will include several presentations by researchers from Finland and Sweden. See the more specific program on the registration form.

The presentations will be held in English. Attendance is free.

For room and catering reservations, please register in advance through this link by January 31st

Further information: Professor Panu Kalmi, p. 029 449 8528

PROGRAM Jan 2, 2018


8:30 – 9:00: Registration and Coffee, Entrance Hall of Tervahovi Building (Wolffintie 34, Vaasa)

Session 1

9:00 – 11:00 Session 1 (A201 Palomäki)

Amin Karimu, Chandra Kiran Krishnamurthy and Mattias Vesterberg (CERE / Umeå U.) A demand-system analysis of residential within-day electricity demand in Sweden
Otto Appelgren, Teemu Meriläinen, Maria Kopsakangas-Savolainen, Enni Ruokamo (U. Oulu), Rauli Svento: Towards flexible energy demand – preferences for dynamic contracts, services and emission reduction
Gazi Salah Uddin (U. Linköping), Bing-Yue Liu, Henrik Nehler, Qiang Ji: "Uncertainties and extreme risk spillover in the energy markets: A time-varying copula-based CoVaR approach"
Juha Junttila (U. Vaasa), Valtteri Myllymäki, Juhani Raatikainen (U. Jyväskylä): Pricing of Electricity Futures Based on Locational Price Differences: The Case of Finland

11:00 – 12:15 Lunch Break


12:15- 13:30 Keynote lecture (D103 Wetteri)

Massimo Filippini (ETH Zürich and USI): Energy related investment literacy, bounded rationality and the energy efficiency gap

13:30-13:45 Break

Session 3

13:45-15:45 Session 3 (D103 Wetteri)

Panu Kalmi (U. Vaasa), Andrius Kazukauskas (CERE / Umeå U.), Gianluca Trotta (U. Vaasa):The Role of Energy Literacy as a Component of Financial Literacy: Survey-Based Evidence from Finland
Teija Keränen (U. Oulu), Noora Hirvonen, Maija-Leena Huotari: Developing the concept of everyday energy information literacy and examining it empirically among university students
Anni Huhtala, Piia Remes (VATT): “Social cost of nuclear power - studying  citizens’ and policy makers’ risk perceptions”
Thomas Broberg (CERE / Umeå U.), Runar Brännlund, Lars Persson: Consumer Preferences and Soft Load Control on the Swedish Electricity Markets

15:45-16:00 Coffee Break

Session 4

16:00-17:30 Session 4 (D103 Wetteri)

Iivo Vehviläinen (Aalto U.), Matti Liski: “Economics of demand response with storage”
Andrius Kazukauskas (CERE / Umeå U.), Thomas Broberg and Jūratė Jaraitė: “Social comparisons in real time: A field experiment of residential electricity and water use”
Jaana Rahko (U. Vaasa), Hannu Piekkola: Environmental innovations and firm productivity. An extended CDM model for Finland