Emil Dimanchev

Om

Research

My research investigates climate policy design, energy system planning, and energy market economics. I am especially interested in questions encountered in the practice of climate policy making, or informed by perspectives from political science, finance, or natural science. I leverage methods primarily from operations research, economics, and engineering.

My PhD focuses on the role of investment risk in power systems, its consequences for societal climate goals, and its implications for public policy. I explore these topics by developing stochastic optimization and equilibrium operations research models.

My main project explores how power system decarbonization is impacted by investor risk aversion and the incompleteness of risk markets. In another work, I explore how climate policy effects change when risk markets are incomplete.

I and co-authors also investigated how policy can accelerate investment in EV charging stations by accounting for the risks faced by private-sector investors using real options modeling.

To better understand the importance of future power system investments, in another publication I also reviewed the range of electrification pathways consistent with 2C and 1.5C climate targets. This work found that pathways consistently show substantial electrification, but 2C pathways disagree on the magnitude.

Bio

I am currently a PhD Candidate at NTNU, a Research Affiliate at the MIT Center for Energy and Environmental Policy Research, and a Superforecaster at Good Judgment.

Previously, I was a Research Associate at MIT CEEPR, and a Senior Carbon Market Analyst at Thomson Reuters Point Carbon.

I have testified before legislators on climate policy, served as a consultant to government officials on carbon pricing, and briefed senior staff at Fortune Global 500 companies. My work on the reform of the European Emissions Trading System was featured in the EU Parliament and the European Commission, “contributing to a cool-headed debate” in the words of one policy maker. My research has also been quoted in the media including Bloomberg, the Wall Street Journal, Politico, BBC, and others.

I hold a M.Sc. from MIT’s Technology and Policy Program and a B.A. in mathematical economics from Colorado College.

Publikasjoner

2019

Dimanchev, Emil; Paltsev, Sergey; Yuan, Mei; Rothenberg, Daniel; Tessum, Christopher; Marshall, Julian. (2019) Health co-benefits of sub-national renewable energy policy in the US. Environmental Research Letters
Vitenskapelig artikkel

2017

Mehling, Michael; Dimanchev, Emil. (2017) Achieving the Mexican Mitigation Targets: Options for an Effective Carbon Pricing Policy Mix. GIZ Gmbh
Rapport

Tidsskriftspublikasjoner

Dimanchev, Emil; Fleten, Stein-Erik; Gabriel, Steven Adam; Korpås, Magnus. (2024) Effects of Electricity Sector Climate Policies in a Second-best World of Missing Risk Markets. Findings
Vitenskapelig artikkel
Dimanchev, Emil; Gabriel, Steven Adam; Reichenberg, Lina; Korpås, Magnus. (2024) Consequences of the missing risk market problem for power system emissions. Energy Economics
Vitenskapelig artikkel
Calder, Ryan S.D.; Dimanchev, Emil; Cohen, Stuart; McManamay, Ryan A.. (2024) Decision support for United States—Canada energy integration is impaired by fragmentary environmental and electricity system modeling capacity. Environmental Research: Infrastructure and Sustainability
Vitenskapelig artikkel
Dimanchev, Emil; Knittel, Christopher. (2023) Designing climate policy mixes: Analytical and energy system modeling approaches. Energy Economics
Vitenskapelig artikkel
Dimanchev, Emil; Fleten, Stein-Erik; MacKenzie, Don; Korpås, Magnus. (2023) Accelerating electric vehicle charging investments: A real options approach to policy design. Energy Policy
Vitenskapelig artikkel
Martin, Jonas; Dimanchev, Emil; Neumann, Anne Franziska. (2023) Carbon abatement costs for renewable fuels in hard-to-abate transport sectors. Advances in Applied Energy
Vitenskapelig artikkel
Martin, Jonas; Dimanchev, Emil; Neumann, Anne. (2022) Carbon Abatement Costs for Hydrogen Fuels in Hard-to-Abate Transport Sectors and Potential Climate Policy Mixes. Working Paper Series
Fagartikkel
Dimanchev, Emil; Hodge, Joshua; Parsons, John. (2021) The role of hydropower reservoirs in deep decarbonization policy. Energy Policy
Vitenskapelig artikkel
Dimanchev, Emil; Paltsev, Sergey; Yuan, Mei; Rothenberg, Daniel; Tessum, Christopher; Marshall, Julian. (2019) Health co-benefits of sub-national renewable energy policy in the US. Environmental Research Letters
Vitenskapelig artikkel

Del av bok/rapport

Dimanchev, Emil; Qorbani, Davood; Korpås, Magnus. (2022) Electric Vehicle Adoption Dynamics on the Road to Deep Decarbonization. John Wiley & Sons
Faglig kapittel

Rapport

Mehling, Michael; Dimanchev, Emil. (2017) Achieving the Mexican Mitigation Targets: Options for an Effective Carbon Pricing Policy Mix. GIZ Gmbh
Rapport

INFORMASJONSMATR

Dimanchev, Emil; Parsons, John; Hodge, Joshua. (2022) Letter to the New York Public Service Commission. RE: Case Number 15-E-0302 – Letter Sharing Research Pertinent to the Champlain Hudson Power Express (CHPE).
Briefs
Martin, Jonas; Dimanchev, Emil; Neumann, Anne Franziska. (2022) Carbon Abatement Costs for Hydrogen Fuels in Hard-to-Abate Transport Sectors and Potential Climate Policy Mixes.
Briefs
Dimanchev, Emil. (2020) Trade-offs in Climate Policy: Combining Low-Carbon Standards with Modest Carbon Pricing.
Briefs

Formidling

New England renewables + Canadian hydropower

A pathway to clean electricity in 2050

2024

Vitenskapelig foredrag

Qorbani, Davood; Dimanchev, Emil; Fleten, Stein-Erik. (2024) Impact of optionality in charging station investment on the dynamics of electric vehicle diffusion . System Dynamics Society 42nd International System Dynamics Conference , Bergen 2024-08-04 - 2024-08-08
Vitenskapelig foredrag

Dimanchev, Emil. (2024) Environmental Policy: Guest Lecture. NTNU Department of Electric Energy TET4185: Power Markets, Resources and Environment , Trondheim, Norway 2024-04-25 - 2024-04-25
Faglig foredrag

Dimanchev, Emil. (2024) Synergies between Offshore Wind and Bi-directional US-Canada Transmission. New England for Offshore Wind, Acadia Center, Environmental League of Massachusetts Bridging the Power Gap: How Bidirectional Clean Energy Benefits the US Northeast and Eastern Canada , Online 2024-10-09 - 2024-10-09
Vitenskapelig foredrag

Dimanchev, Emil. (2024) A bi-level programming approach to climate policy design in liberalized power systems under risk. INFORMS INFORMS Annual Meeting , Seattle, WA 2024-10-22 - 2024-10-22
Vitenskapelig foredrag

Dimanchev, Emil. (2024) Climate policy design in liberalized electricity markets with incomplete risk trading. DORS European Operations Research Conference , Copenhagen, Denmark 2024-07-02 - 2024-07-02

2023

Vitenskapelig foredrag

Dimanchev, Emil. (2023) Accelerating electric vehicle charging investments: a real options approach to policy design. MIT Center for Energy and Environmental Policy 2023 Spring MIT CEEPR Research Workshop , Cambridge, MA 2023-05-17 - 2023-05-18
Vitenskapelig foredrag

Dimanchev, Emil. (2023) Modeling climate and energy policy. Princeton ZERO lab Guest seminar , Princeton, NJ 2023-05-22 - 2023-05-22
Faglig foredrag

Dimanchev, Emil. (2023) Guest Lecture in Equilibrium Modeling in Engineering. University of Maryland Equilibrium modeling of investment in electricity generation with risk aversion and incomplete markets , College Park, MD 2023-05-01 - 2023-05-01
Faglig foredrag

Dimanchev, Emil. (2023) Environmental Policy: Guest Lecture. NTNU Department of Electric Energy NTNU TET4185: Power Markets, Resources and Environment , Trondheim, Norway 2023-04-24 - 2023-04-24
Vitenskapelig foredrag

Dimanchev, Emil. (2023) Carbon pricing, regulations, and near-optimal policy mixes. NTNU Energy Systems Seminar , Trondheim, Norway 2023-09-29 - 2023-09-29
Vitenskapelig foredrag

Dimanchev, Emil. (2023) Climate policy effects on power systems with incomplete markets for risk. CentraleSupelec and University of Maryland 15th Trans-Atlantic Infraday Conference , Paris, France 2023-11-10 - 2023-11-10
Faglig foredrag

Dimanchev, Emil. (2023) Guest Lecture in Probabilistic Optimization. University of Maryland Equilibrium modeling of investment in power systems with risk aversion and incomplete markets , College Park, MD, USA 2023-11-01 - 2023-11-01

2022

Populærvitenskapelig foredrag

Dimanchev, Emil. (2022) Deep Decarbonization of the Northeastern U.S. and the Role of Canadian Hydropower. Telecommunications, Utilities, and Energy (TUE) Committee in the Massachusetts House of Representatives Meeting of the TUE Committee of the Massachusetts House of Representatives , Virtual 2022-02-01 - 2022-02-01
Intervju

Dimanchev, Emil; Halliday, Matthew. (2022) Hydro-Québec’s Billion-Dollar Power Struggle. Canadian Business Canadian Business [Avis] 2022-10-11
Vitenskapelig foredrag

Dimanchev, Emil. (2022) Designing climate policy mixes: analytical and energy systems modeling approaches. MIT Joint Program MIT Joint Program Friday Meeting , Cambridge, MA, USA 2022-01-28 - 2022-01-28
Vitenskapelig foredrag

Martin, Jonas; Neumann, Anne; Ødegård, Anders; Dimanchev, Emil. (2022) Economics of sustainable hydrogen fuels for trucking, shipping and aviation. Hellenic Association for Energy Economics 17th IAEE European Energy Conference , Athens, Greece 2022-09-21 - 2022-09-24
Vitenskapelig foredrag

Dimanchev, Emil. (2022) Designing climate policy mixes: analytical and energy systems modeling approaches. Chalmers University of Technology Division of Physical Resource Theory lunch seminar , Gothenburg, Sweden 2022-10-25 - 2022-10-25
Vitenskapelig foredrag

Dimanchev, Emil. (2022) Optimal climate policy under political constraints and uncertainty: A bi-level optimization approach. Chalmers University of Technology Division of Physical Resource Theory weekly seminar , Gothenburg, Sweden 2022-10-26 - 2022-10-26
Intervju

Dimanchev, Emil. (2022) One barrier to electric cars: Slow fleet turnover . Axios Axios [Avis] 2022-07-25
Intervju

Dimanchev, Emil. (2022) Trust in carbon market ‘undermined’ by EU’s Russia plans, analysts warn. Euractiv Euractiv [Avis] 2022-05-19
Vitenskapelig foredrag

Dimanchev, Emil. (2022) Optimal climate policy under political constraints and uncertainty: A bi-level optimization approach. Stockholm University 14th Annual Trans-Atlantic Infraday (TAI) Conference , Stockholm, Sweden 2022-11-03 - 2022-11-04
Intervju

Dimanchev, Emil. (2022) REPowerEU funding through ETS: a Pandora’s box. Table Europe Table Europe [Avis] 2022-05-25
Vitenskapelig foredrag

Dimanchev, Emil. (2022) Why wait? Modeling the timing of EV charging station investments and the role of policy. Finnish Operations Research Society European Operations Research Conference , Espoo, Finland 2022-07-03 - 2022-07-06
Intervju

Dimanchev, Emil; Stauffer, Nancy. (2022) New England renewables + Canadian hydropower. MIT Energy Futures Magazine MIT Energy Futures Magazine [Avis] 2022-01-12
Programdeltagelse

Dimanchev, Emil. (2022) Superforecasting Long-Term Risks and Climate Change. Good Judgment Inc. Good Judgment Inc. [Internett] 2022-08-15
Programdeltagelse

Dimanchev, Emil. (2022) Seven questions for the G7: Superforecasting climate-fragility risks for the coming decade. adelphi research adelphi research [Internett] 2022-05-01

2021

Vitenskapelig foredrag

Dimanchev, Emil; Qorbani, Davood; Korpås, Magnus. (2021) Implications of delays in fleet turnover policy implementations. System Dynamics Society 39th International Conference of the System Dynamics Society (2021) , Digitalt / Chicago 2021-07-26 - 2021-07-30
Programdeltagelse

Dimanchev, Emil. (2021) Hydro’s main value is not electricity generation, but storage for renewables. Energi Talks Podcast Energi Talks Podcast [Radio] 2021-06-07
Intervju

Dimanchev, Emil. (2021) Combating Climate Change. Solar Tribune Solar Tribune [Internett] 2021-02-21

Språkvelger

Emil Dimanchev

Emil Dimanchev

Om

Research

Bio

Kompetanseord

Publikasjoner

2024

2023

2022

2021

2020

2019

2017

Tidsskriftspublikasjoner

Del av bok/rapport

Rapport

INFORMASJONSMATR

Formidling

New England renewables + Canadian hydropower

2024

2023

2022

2021