To meet the needs of China’s energy security strategy and the development of a unified national energy market system, against the backdrop of profound changes in the global energy landscape and increasingly urgent climate change challenges, this research area focuses on modeling and simulation of energy market systems. It examines how multiple factors operate and interact, identifies market operating mechanisms, and assesses policy implementation outcomes, drawing on market principles to advance the green and low-carbon energy transition and safeguard national energy security.
Research includes, but is not limited to: (1) the evolving meaning of energy security and dynamic energy security assessment frameworks; (2) big data-driven identification of factors influencing energy markets and analysis of their underlying mechanisms; (3) linkage mechanisms and coupling effects among markets for different energy commodities and between energy and carbon markets; (4) energy price forecasting models and risk management; (5) multi-agent simulation modeling of energy markets, the evolution of market trends, and assessment of policy effectiveness; (6) changes in the energy mix, technology development pathways, and energy security strategies based on the C3IAM/NET model.
Associated Faculty: Lu-Tao Zhao, Ke Wang, Xiaowei Ma, and Weigang Zhao.
