Derck Koolen , MSc

Derck Koolen

(external) researcher
Rotterdam School of Management (RSM)
Erasmus University Rotterdam

Connected with

Profile

Derck Koolen is a PhD Candidate at the Technology and Operations Management department of Rotterdam School of Management, Erasmus University and currently a visiting research fellow at London Business School. His research focuses on a quantitative analysis of strategic decision making, risk preferences and sequential pricing in decarbonizing power markets with renewable energy sources. Following a multi-method approach, the impact of a high integration of intermittent renewable energy sources is assessed in terms of rationales for forward trading, the value of flexibility and market efficiency in relation to the design of electricity markets. Derck has been a visiting scholar at Haas School of Business, University of California Berkeley and Warrington College of Business, University of Florida.

Derck is involved in teaching courses for MBA and MSc students and has supervised over 20 master thesis projects with practical relevance. He has served as an advisor for RSM teams in international business case competitions and has experience as freelance writer and consultant offering expertise in energy and climate economics, power market design, and technology & innovation policy. Derck holds a Master's degree in Energy Engineering from the University of Leuven and has worked as an energy economist for a German grid operator. 

Professional experience

(external) researcher

Erasmus University Rotterdam
RSM - Rotterdam School of Management
Department of Technology and Operations Management

PhD Candidate

Erasmus University Rotterdam
RSM - Rotterdam School of Management
Department of Technology and Operations Management

Publications

Scholarly Publications (8)

  • D. Koolen (2018). Forward Trading and the Value of Flexibility in Sequential Electricity Markets with Increasing Intermittent Supply. In Proceedings of the International Association for Energy Economics (IAEE) 2018 International Conference . Groningen, Netherlands
  • D. Koolen, D.W. Bunn, W. Ketter & A. Gupta (2018). Renewable Technology Non-Neutrality and Information Asymmetries in Decarbonizing Power Markets. In 29th Workshop on Information Systems and Economics (WISE) . San Francisco, California
  • D. Koolen, L. Qiu, W. Ketter & A. Gupta (2017). Market Efficiency and Design in Electricity Markets Integrating Renewable Energy: Theory and Simulation. In 2017 Winter Conference on Business Analytics (WCBA) . Snowbird, Utah
  • D. Koolen, R. Huisman & W. Ketter (2017). The Electricity Forward Price with Increasing Intermittent Supply. In 2017 International Conference on Energy Finance . Hangzhou, China
  • D. Koolen, W. Ketter, L. Qiu & A. Gupta (2017). The Sustainability Tipping Point in Electricity Markets. In Proceedings of the 2017 International Conference On Information Systems . Seoul, South Korea
  • D. Koolen, N. Sadat-Razavi & W. Ketter (2017). Machine Learning for Identifying Demand Patterns of Home Energy Management Systems with Dynamic Electricity Pricing. In Applied Sciences (pp. 1160)
  • D. Koolen, L. Qiu & W. Ketter (2016). Decision Making under Information Revelation Policies in Electricity Markets. In 2016 Winter Conference on Business Intelligence (WCBI) . Snowbird, Utah
  • D. Koolen, R. Huisman & W. Ketter (2016). Risk and Decision Making for Electricity Forward Markets with Volatile Resources. In Energy and Commodity Finance Conference 2016 . Paris, France

Media

Media items

  • Huidig ontwerp energiemarkt houdt vervuilende energiecentrales open

    If solar and wind energy play a greater role in electricity generation, it may be more financially attractive to keep polluting power stations open. At least, this will be the case if the energy market retains its present form....

  • Marktmodel voor energie houdt vervuilende energiecentrales open

    If solar and wind energy play a greater role in electricity generation, it may be more financially attractive to keep polluting power stations open. At least, this will be the case if the energy market retains its present form....

  • Hoe Trump Zijn Kolencentrales Het Beste Openhoudt

    RSM PhD candidate Derck Koolen is featured in this episode of BNR Radio's 'Wetenschap Vandaag' to discuss his new study. The finding is that at a certain level of production of solar and wind energy, it may be more financially...

  • Huidig ontwerp energiemarkt houdt vervuilende energiecentrales open

    If solar and wind energy play a greater role in electricity generation, it may be more financially attractive to keep polluting power stations open. At least, this will be the case if the energy market retains its present form....

  • Zonder marktflexibilisering, kan aanbod groene energie de winst op grijs verhogen

    As long as the energy market retains its current formation, increasing the use of wind and solar energy could make burning fossil fuels more attractive. Because these sources are able to deliver quickly, they can become more...

  • Huidig ontwerp energiemarkt houdt vervuilende energiecentrales open

    If solar and wind energy begin to play a greater role in electricity generation, it may be more financially attractive to keep polluting power stations open. This will at least be the case if the energy market retains its present...

  • Huidige energiemarkt houdt fossiele centrales open

    If solar and wind energy begin to play a greater role in electricity generation, it may be more financially attractive to keep polluting power stations open. This will at least be the case if the energy market retains its present...

  • Huidige energiemarkt houdt vervuilende energiecentrales open

    Research by Wolf Ketter and Derk Koolen of RSM shows if solar and wind energy play a greater role in electricity generation, it may be more financially attractive to keep polluting power stations open - if the market continues to...

  • Het Nederlands energiebeleid kan een stuk efficiënter en schoner

    Derck Koolen, RSM PhD Candidate at the Technology and Operations Management department, has written an article claiming that the Dutch energy policy and subsidy policy can be much more efficient and 'clean'.

Past courses

Next Generation Business Applications

  • Study year: 2015/2016
  • Code: BMME016
  • ECTS: 6 Level: Master