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Boston Univ, former President of RAE and DEPA, USA tbc

Prof. Michael Caramanis


Michael Caramanis, Boston University Systems and Mechanical Engineering Professor, (BS Stanford 1971, MS/PhD Harvard 1976) has been active in research on electricity generation expansion, manufacturing and service network supply chain optimization, and spatiotemporal marginal costing on electricity T&D networks. He co-investigated Power Market design in the 80s and participated in pioneering implementations in Brittan, US, Spain and Italy. From 2004 to 2008, while on leave from Boston University, he chaired the Energy Charter’s Investment group (Brussels) and the Regulatory Authority for Energy (Athens). His disciplinary background lies in Mathematical Economics, Optimization, and Stochastic Dynamic Decision Making. His recent focus on smart electricity grids is centered around (i) the Power Market reform required to integrate Distribution/Retail participants and (ii) the dynamic reconfiguration of power transmission networks for congestion cost mitigation and infrastructure resilience to renewable generation. He has authored/coauthored more than 100 refereed publications and is coauthor of Spot Pricing of Electricity, Kluwer Academic Publishers, 1987. URL: www.bu.edu/pcms/caramanis

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