Energy Finance Christmas (EFC) Workshops

Energy Finance Christmas Workshop (EFC25)

11-12.12.2025, Wrocław, Poland

For its 12th edition the Energy Finance Christmas Workshop series returns to its origins - Wrocław, where the first EFC was held in 2011. With visible reminders of Polish, Czech, Austrian, German and again Polish rule, Wrocław has become a truly modern European city, and one that you simply must experience for yourself. More than 100 road bridges and footbridges pin together the riverbanks in Wroclaw - the only places where you will find more are Venice, Amsterdam, St. Petersburg and Hamburg.

The workshop will be organized by Katarzyna Maciejowska and Bartosz Uniejewski, and held in building H-14 of Wrocław Tech (campus map).

Participants

(Participation is by invitation only)

• Dawid Bonar (Cracow University of Economics, Poland 🇵🇱)
• Alessandro Brusaferri (STIIMA-CNR, Italy 🇮🇹)
• Ada Canaydin (KU Leuven, Belgium 🇧🇪)
• Kateryna Chekriy (University of Duisburg-Essen, Germany 🇩🇪)
• Katarzyna Chęć (Wrocław University of Science and Technology, Poland 🇵🇱)
• Stein-Erik Fleten (NTNU, Norway 🇳🇴)
• Paul Ghelasi (University of Duisburg-Essen, Germany 🇩🇪)
• Stéphane Goutte (University Paris-Saclay, France 🇫🇷)
• Simon Hirsch (University of Duisburg-Essen, Germany 🇩🇪)
• Joanna Janczura (Wrocław University of Science and Technology, Poland 🇵🇱)
• Ibtissem Khelifati (University Paris-Saclay, France 🇫🇷)
• Rüdiger Kiesel (University of Duisburg-Essen, Germany 🇩🇪)
• Nikolaos Kourentzes (University of Skövde, Sweden 🇸🇪)
• Kornelia Kłopecka (Cracow University of Economics, Poland 🇵🇱)
• Arkadiusz Lipiecki (Wrocław University of Science and Technology, Poland 🇵🇱)
• Katarzyna Maciejowska (Wrocław University of Science and Technology, Poland 🇵🇱)
• Margarida Mascarenhas (KU Leuven, Belgium 🇧🇪)
• Antonio Panico (University of Parma, Italy 🇮🇹)
• Monika Papież (Cracow University of Economics, Poland 🇵🇱)
• Alla Petukhina (HTW, Berlin 🇩🇪)
• Maciej Kostrzewski (Cracow University of Economics, Poland 🇵🇱)
• Andrzej Puć (Wrocław University of Science and Technology, Poland 🇵🇱)
• Michał Rubaszek (SGH Warsaw School of Economics, Poland 🇵🇱)
• Joel Sarkisyan (Zeppelin University, Germany 🇩🇪)
• Michael Schürle (University of St. Gallen, Switzerland 🇨🇭)
• Tomasz Serafin (Wrocław University of Science and Technology, Poland 🇵🇱)
• Klimis Stylpnopoulos (University of Glasgow, United Kingdom 🇬🇧)
• Souhir Ben Amor (University of Duisburg-Essen, Germany 🇩🇪)
• Bartosz Uniejewski (Wrocław University of Science and Technology, Poland 🇵🇱)
• Rafał Weron (Wrocław University of Science and Technology, Poland 🇵🇱)
• Tomasz Weron (Wrocław University of Science and Technology, Poland 🇵🇱)
• Monika Zimmermann (University of Duisburg-Essen, Germany 🇩🇪)

Program and venue

📍 Venue: Wrocław University of Science and Technology, building H14, Wybrzeże Stanisława Wyspiańskiego 40, Wrocław

Thursday, December 11th

08:45-09:00 Welcome

09:00-10:40 Session I
Chair: Rafał Weron

• Stein Erik Fleten
  Sequential investment under uncertainty: empirical evidence
• Simon Hirsch
  BESS optimization and the value of intraday electricity price forecasts
• Stephane Goutte
  From blackouts to flexibility: socio-economic models for next generation power grids
• Katarzyna Maciejowska
  Statistical and economic evaluation of forecasts in electricity markets: beyond RMSE and MAE

10:40-11:10 Coffee break ☕/🍪

11:10-12:50 Session II
Chair: Nikolaos Kourentzes

• Monika Zimmermann
  Spatial weather, socio-economic and political risks in probabilistic load forecasting
• Katarzyna Chęć
  Improving system operator electric demand predictions for quantile and density forecasting
• Alla Petukhina
  Winds of change: interpretable forecasting of Redispatch 2.0 measures
• Bartosz Uniejewski
  The role of probabilistic load and renewable prediction in enhancing day-ahead electricity price forecasts

12:50–14:00 Lunch

14:00-14:50 Session III
Chair: Stein Erik Fleten

• Michael Schürle
  Valuation of flexible capacities in intraday and balancing energy markets
• Maciej Kostrzewski
  Electricity prices and their volatility in relation to the energy mix: the analysis of selected European markets

14:50-15:20 Coffee break ☕/🍪

15:20-16:35 Session IV
Chair: Monika Papież

• Ibtissem Khelifati
  Electricity price dynamics under geopolitical shocks: strengthen resilience on the path to decarbonization
• Kornelia Kłopecka
  More than cold homes: energy poverty as a moderator of the poverty-health nexus in Poland
• Dawid Bonar
  Electricity price convergence in Europe: geographical versus generation structure proximity

18:30 Conference dinner

Venue: Forum Kulinarne, Plac Wolności 4

Friday, December 12th

09:00-10:40 Session V
Chair: Michael Schürle

• Alessandro Brusaferri
  From distributional to quantile neural basis models: the case of electricity price forecasting
• Nikolaos Kourentzes
  Incorporating risk preferences in forecast selection
• Andrzej Puć
  Probabilistic path forecasting with interpretable scenario selection and its application to dynamic trading in the German continuous intraday market
• Arkadiusz Lipiecki
  From stealing accuracy to stealing profits: predicting day-ahead electricity prices with temporal hierarchy forecasting (THieF)

10:40-11:10 Coffee break ☕/🍪

11:10-12:50 Session VI
Chair: Rüdiger Kiesel

• Piotr Zaborowski
  Electricity price forecasting in the day-ahead market: Averaging forecasts vs breakpoint detection
• Kateryna Chekriy
  Incorporating forward-looking data in probabilistic analysis of net-zero commitments
• Ada Canaydin
  Transparency++ — bringing more transparency to ENTSO-E TP data and forecasts
• Michał Rubaszek
  Modeling oil consumption in Baumeister and Hamilton's (2019) model of the global oil market

12:50 – 14:00 Lunch

14:00-15:15 Session VII
Chair: Katarzyna Maciejowska

• Klimis Stylpnopoulos
  Forecasting considering dependencies between wind power generation and electricity price in Great Britain
• Joel Sarkisyan
  Revisiting seasonality in electricity prices
• Souhir Benamor
  Bridging an energy system model with an ensemble deep-learning approach for electricity price forecasting

15:15-15:45 Coffee break ☕/🍪

15:45-17:00 Session VIII
Chair: Stephane Goutte

• Paul Ghelasi
  A probabilistic merit order model for electricity price forecasting
• Margarida Mascarenhas
  Leveraging asynchronous cross-border data and ensemble forecasting for improved day-ahead and imbalance price prediction
• Antonio Panico
  A robust approach for electricity price forecasting: handling extreme events, seasonality, and long-term components

17:00-17:15 Wrap-up & Conclusions

Getting there

✈ The nearest international airport is Wrocław Airport, located ca. 10 km from the city center. Convenient access to the center is possible via public buses 🚌 106 (daytime) and 206 (night). A one-way ride costs 4.60 PLN and takes ca. 40 minutes (the tickets can be bought on the bus using a contactless debit/credit card).

We advise to use app like Moovit or Polish JakDojade to find public transport option.

Hotels nearby

For suggestions, visit http://www.booking.com