Lu-Tao Zhao, Ph.D., Professor, Vice-Director of the Center for Energy & Environmental Policy Research (CEEP), Beijing Institute of Technology (BIT).
• Energy Security
• Energy Finance
• Climate Policy
• Economic Modeling
2009.09-2012.07 Chinese Academy of Sciences; Ph.D. in Management Science and Engineering
2001.10-2004.03 University of Science and Technology Beijing; M.S. in Applied Mathematics
1997.09-2001.07 University of Science and Technology Beijing; B.S. in Applied Mathematics
2021.09-Present School of Management / Center for Energy and Environmental Policy Research, Beijing Institute of Technology; Professor
2016.08-2017.08 Adelphi University, United States; Visiting Scholar
2012.10-2016.01 School of Management and Economics, Beijing Institute of Technology; Postdoctoral Researcher
2004.03-2021.09 School of Mathematics and Physics, University of Science and Technology Beijing; Lecturer / Associate Professor / Professor
[1] Lu-Tao Zhao*, Shi-Tong Wang, Zhi Qu, Wei-Gang Zhao, Lei Cheng. How do green certificate and carbon emission trading impact clean energy investment? Evidence from evolutionary game modeling. Energy Policy, 2026, 217:115435.
[2] Zhao-Yuan Li, Lu-Tao Zhao*, Zhi Qu, Zhe-Yi Chen, Rui-Xiang Qiu, Xing-Yu An, Dai-Song Wang. Gradual introduction of carbon allowance auctions facilitates sustainable emission reductions in the power sector. iScience, 2026, 29:116241.
[3] Zhe-Yi Chen, Lu-Tao Zhao*, Lei Cheng, Rui-Xiang Qiu. How does China respond to the Carbon Border Adjustment Mechanism? An approach of global trade analysis. Energy Policy, 2025, 198:114486.
[4] Lu-Tao Zhao, Yue Li, Xue-Hui Chen*, Liu-Yi Sun, Ze-Yu Xue. MFTM-Informer: A multi-step prediction model based on multivariate fuzzy trend matching and Informer. Information Sciences, 2024, 681:121268.
[5] Lu-Tao Zhao*, Zhe-Yi Chen, Ya-Xuan Duan, Rui-Xiang Qiu. How will CBAM affect the decarbonisation of steel industry in China? A system dynamics approach. International Journal of Production Research, 2024, 62(18):6859–6880.
[6] Lu-Tao Zhao, Zhao-Yuan Li, Lei Cheng*. The impact of China's carbon emissions trading policy on corporate investment expenditures: Evidence from carbon-intensive industries. Journal of Environmental Management, 2024, 366:121743.
[7] Lu-Tao Zhao, Hai-Yi Liu, Xue-Hui Chen*. How does carbon market interact with energy and sectoral stocks? Evidence from risk spillover and wavelet coherence. Journal of Commodity Markets, 2024, 33:100386.
[8] Lu-Tao Zhao, Dai-Song Wang, Zhong-Yuan Ren*. The impact of joint events on oil price volatility: Evidence from a dynamic graphical news analysis model. Economic Modelling, 2024, 130:106587.
[9] Lu-Tao Zhao, Zhi-Yi Zheng, Yi-Ming Wei*. Forecasting oil inventory changes with Google trends: A hybrid wavelet decomposer and ARDL-SVR ensemble model. Energy Economics, 2023, 120:106603.
[10] Lu-Tao Zhao*, Dai-Song Wang, Feng-Yun Liang, Jian Chen. A recommendation system for effective learning strategies: An integrated approach using context-dependent DEA. Expert Systems with Applications, 2023, 211:118535.
[11] Lu-Tao Zhao, Ting Yang, Rui Yan*, Hong-Bo Zhao. Anomaly detection of the blast furnace smelting process using an improved multivariate statistical process control model. Process Safety and Environmental Protection, 2022, 166:617–627.
[12] Lu-Tao Zhao*, Wen-Jing Wang, Da-Kuan Li. How can dense results be differentiated in comprehensive evaluations? A hybrid information filtering model. Knowledge-Based Systems, 2022, 235:107658.
[13] Lu-Tao Zhao, Zhao-Ting Liu, Lei Cheng*. How will China's coal industry develop in the future? A quantitative analysis with policy implications. Energy, 2021, 235:121406.
[14] Lu-Tao Zhao, Zi-Jie Wang, Shu-Ping Wang, Ling-Yun He*. Predicting oil prices: an analysis of oil price volatility cycle and financial markets. Emerging Markets Finance and Trade, 2021, 57(4):1068–1087.
[15] Zhi-Gang Zhang, Xiao Hu, Zhao-Ting Liu, Lu-Tao Zhao*. Multi-attribute decision making: An innovative method based on the dynamic credibility of experts. Applied Mathematics and Computation, 2021, 393:125816.
[16] Zi-Jie Wang*, Lu-Tao Zhao*. The impact of the global stock and energy market on EU ETS: A structural equation modelling approach. Journal of Cleaner Production, 2021, 289:125140.
[17] Lu-Tao Zhao, Guan-Rong Zeng, Ling-Yun He*, Ya Meng. Forecasting short-term oil price with a generalised pattern matching model based on empirical genetic algorithm. Computational Economics, 2020, 55(4):1151–1169.
[18] Lu-Tao Zhao*, Kun Liu, Xin-Lei Duan, Ming-Fang Li. Oil price risk evaluation using a novel hybrid model based on time-varying long memory. Energy Economics, 2019, 81:70–78.
[19] Lu-Tao Zhao, Ya Meng, Yue-Jun Zhang*, Yun-Tao Li. The optimal hedge strategy of crude oil spot and futures markets: Evidence from a novel method. International Journal of Finance & Economics, 2019, 24(1):186–203.
[20] Lu-Tao Zhao*, Yi Wang, Shi-Qiu Guo, Guan-Rong Zeng. A novel method based on numerical fitting for oil price trend forecasting. Applied Energy, 2018, 220:154–163.
[21] Lu-Tao Zhao, Ling-Yun He*, Lei Cheng, Guan-Rong Zeng, Zhimin Huang. The effect of gasoline consumption tax on consumption and carbon emissions during a period of low oil prices. Journal of Cleaner Production, 2018, 171:1429–1436.
[22] Lu-Tao Zhao, Lei Cheng*, Yong-Tao Wan, Hao Zhang, Zhi-Gang Zhang. A VAR-SVM model for crude oil price forecasting. International Journal of Global Energy Issues, 2015, 38(1-3):126–144.
[1] National Natural Science Foundation of China: Market Mechanism Design and Optimization for the New Energy System Based on Intelligent Decision-Making, 2027-2030.
[2] National Natural Science Foundation of China: Dynamic Risk Management of Carbon Market Based on Prediction Method with Big Data, 2022-2026.
[3] National Natural Science Foundation of China: Risk Analysis and Price Forecasting of Oil Market Based on Big Data Technology, 2018-2021.
[4] National Natural Science Foundation of China: Research on Emergency Management Modelling and Coping Strategies for China's Refinery Supply-Demand System, 2014-2016.
[5] Natural Science Foundation Of Hebei Province: Coordinated Emission Reductions Across the Steel Industry Chain in Hebei Province under Carbon Market Mechanisms, 2026-2027.
[6] China Coal Economic Research Association: Development Of An Integrated Coal Market Platform System, 2023-2024.
[7] National Natural Science Foundation Of China: Integrated Assessment of Economic Impacts of Climate Change and Its Applications, 2023-2027. (participant)
[1] Associate Editor of Journal of Modelling in Management, 2023–present
[2] Associate Editor of Journal of Green Mine, 2023–present
Center for Energy and Environmental Policy Research, School of Management, Beijing Institute of Technology
5 Zhongguancun South Street, Haidian District, Beijing (100081)
E-mail: ltzhao@163.com
