The Center for Energy Markets

at TUM School of Management

The Center for Energy Markets (CEM) is a chair at the Technical University Munich, dedicated at advancing research in the field of energy economics and electricity market economics, including new developments around renewable energy provision. Energy markets are at the heart of one of the biggest societal challenges of our time - creating a sustainable, reliable and affordable energy provision. CEM brings together economics, finance and engineering approaches to offer applied research contributions to topical real-world energy sector questions.

Read more about CEM.


Our vision is a global energy transition being supported with research and education.


Our academic mission is to contribute to this goal by

... Advancing the understanding of future energy industries and markets

... Bringing together economics, finance, and engineering to tackle real-world energy challenges



New vacant student assistant position at CEM

There is a new vacant student assistant position at the Center for Energy Markets. For more informations, see the detailed description. We are looking forward to your applications under[mehr]


Registration for the course "Empirical Research in Energy Markets" is now open

More information can be found at TUMonline.[mehr]


Master's thesis at SWM

The SWM is offering Master's thesis "Community-Geschäftsmodelle für Prosumer". Click here for further details.[mehr]


Project Study: Designing Optimal Fee Structure Models for Energy Hedge Funds

Setting up fee structures for hedge fund managers that align the interests of hedge fund manager and the investor and are acceptable for both parties is a challenging task. Energy hedge funds trading power, oil, gas, and coal operate in a volatile environment and are often...[mehr]


New lecture in summer term: "Modelling and Optimization in Energy Markets"

In summer term 16/17, Center for Energy Markets is offering the lecture "Modelling and Optimization in Energy Markets". You can find more details here.[mehr]


Project Study: Speeding-up of Linear Programs Solving on GPU

Linear Programs (LPs) appear in a large number of applications and efficiently solving them is essential. While solution algorithms for LPs cannot easily be parallelized, recent studies suggest that GPUs still can offer a significant performance boost, especially in cases where...[mehr]


Exam review - Challenges in Energy Markets I

The exam review in "Challenges in Energy Markets I" will take place on 25th of April, 10:00 am - 11:00 am, in room 3540, building 0505, central campus. Please register with Adriana Kiszka ( in advance. Please bring your student ID card,...[mehr]


Exam review - Energy Trading

The exam review in "Energy Trading" will take place on 25th of April, 09:00 am - 10:00 am, in room 3540, building 0505, central campus. Please register with Adriana Kiszka ( in advance. Please bring your student ID card, otherwise you are...[mehr]


Lecture in the upcoming summer term 2017: "Stochastic Optimization" - information is now online

The lecture "Stochastic Optimization" provides an introduction to the topic of stochastic optimization. Students will learn about the underlying concepts and the theory of stochastic optimization as well as algorithmic solution techniques.[mehr]


Exam review in Energy Economics

The exam review in Energy Economics will be held on Wednesday, 26th of April, from 09:00 to 11:00 in room 3540.