Awards

The Commodity & Energy Markets Association (CEMA) is proud to announce the winners of the ESSEC-AMUNDI best ESG paper award, CEMA best paper award, the CEMA best PhD paper award and the 1st CEMA Lifetime Achievement Award.

• ESSEC-AMUNDI Chair best ESG paper award:

  • Steffen Hitzemann, An Qin, Stanislav Sokolinski and Andrea Tamoni: “Does Sustainable Investing Dull Stock Reactions to Cash Flow News?“

• CEMA best paper award:

  • Nikos Nomikos: “Operating Capacity, Pricing and Supply Elasticity in Container Shipping Markets“

• CEMA best PhD paper:

  • Berk Yayvak: “The Informational Role of Corporate Disclosure in Commodity Markets”

CEMA Lifetime Achievement Award

• Vincent Kaminski for his role as a quantitive pioneer, teacher and mentor, ethical leader and scholar influencing both academia and industry.

The Commodity & Energy Markets Association (CEMA) is proud to announce the winners of the two best paper prizes, the Amundi prize & the Questrom School of Business prize:

• Amundi-ESSEC ESG Best paper award ex-aequo (1000 Euro):

  • Maxime Sauzet: “Green Intermediary Asset Pricing“

  • Zuguang Gao, Nur Sunar, and John R. Birge: “Designing Renewable Power Purchase Agreements: Impact on Green Energy Investment“

• Questrom (Boston University)-CEMA Best paper award ex-aequo (500 Euro):

  • Andrew W. Lo and Ruixun Zhang: “Performance Attribution for Portfolio Constraints“

  • Zuguang Gao, Khaled Alshehri, and John R. Birge: “Aggregating Distributed Energy Resources: Efficiency and Market Power“

• CEMA Best PhD paper award (500 Euro):

  • Christian Kaps and Serguei Netessine: “Residential Battery Storage – Reshaping the Way We Do Electricity“

The Commodity & Energy Markets Association (CEMA) is proud to announce the winners of the two best paper prizes & the Amundi prize:

• AMUNDI award (1500€):

  • Optimal Procurement of Emission Allowances for Industries Buyers by Loehndorf, Nils 

• CEMA best paper award (500€):

  • The Dynamics of Storage Costs by Stancu, Andrei; Symeonidis, Lazaros; Wese, Chardin; Zhao, Lei

• Best PhD paper award (500€):

  • European Low-Carbon Policy: Impact on fossil energy markets by Minlend, Jacques

The Commodity & Energy Markets Association (CEMA) is proud to announce the winners of the two best paper prizes & the Amundi-ESSEC ESG prize:

Best paper prize award winners are ex-aequo (250 Euro):

• Sergei Seleznev and Veronika Selezneva: “Heterogeneous Oil Supply Elasticities: Indebtedness and Production Respones to the COVID-19 Shock”

• Zeno Adams, Solène Collot, and Andrei Kirilenko: “Measuring Financial Investor Presence Through Term Structure Deflection” 

Best PhD paper prize award winners are ex-aequo (250 Euro):

• Xiwen Bai and Yiliang Li: “The Congestion Effect of Oil Transportation and Its Trade Implications”

• James Davis, Michael Adjemian, and Michael Langemeier: “Analyzing the Downstream Impacts of U.S. Biofuel Policies” 

Best ESSEC-Amundi Chair ESG paper award winners are ex-aequo (750 Euro each):

• Po-Hsuan Hsu, Kai Li, and Chi-Yang Tsou: “The Pollution Premium”

• Ivan Ivanov, Mathias Kruttli, and Sumudu Watugala: “Banking on Carbon: Corporate Lending and Cap-and-Trade Policy”

The Commodity & Energy Markets Association (CEMA) is proud to announce the winners of the two best paper prizes:

Best paper prize award winner (500 Euro): 

• Alessio Trivella, Danial Mohseni-Taheri, and Selvaprabu Nedarajah: “Meeting Corporate Renewable Power Targets”

Best PhD paper prize award winners are ex-aequo (500 Euro each): Thibault Lair: “Scarcity risk premium”

• Muthe Mwampashi, Christina Sklibosios, Otto Konstandatos, and Alan Rai: “Wind generation and the dynamics of electricity prices”

Best ESSEC-Amundi Chair ESG paper award winners are ex-aequo:

• Rita D'Ecclesia, Susanna Levantesi, and Valeria Damato: "ESG Score Prediction Through Random Forest Algorithm"

The Commodity & Energy Markets Association (CEMA) is proud to announce the winners of the two best paper prizes:

Best paper prize award winners (500 Euro): 

• Heikki Peura and Derek Bunn: “Strategic Forward Trading and Technology: The Operational Merit – Order Effect”

Best PhD paper prize award winners (500 Euro): 

• Hamed Ghoddusi and Mohamad Afkhami: “Price Dynamics of Renewable Identification Numbers (RINs) Under Uncertainty”

The Commodity & Energy Markets Association (CEMA) is proud to announce the winners of the two best paper prizes:

Best paper prize award winners (500 Euro): 

• Álvaro Cartea, Maria Flora, Georgi Slavov, and Tiziano Vargiolu: “Optimal cross-border electricity trading”

Best PhD paper prize award winners (500 Euro): 

• Marinela Adriana Finta and José Renato Haas Ornelas: “Commodity Return Predictability: Evidence from Implied Variance, Skewness and their Risk Premia”

The Commodity & Energy Markets Association (CEMA) is proud to announce the winners of the two best paper prizes:

Best paper prize award winners (500 Euro): 

• Adrian Fernandez-Perez, Ana-Maria Fuertes, and Joelle Miffre: “Harvesting Commodity Styles An Integrated Framework”

Best PhD paper prize award winner (500 Euro): 

• Etienne Borocco: “The Meaning of Efficiency in Commodity Futures Markets”

The Commodity & Energy Markets Association (CEMA) is proud to announce the winners of the two best paper prizes:

Best paper prize award winners are ex-aequo (1,500 Euro each): 

• Jaime Casassus: “The Economic Impact of Oil on Industry Portfolios”

• Florentina Paraschiv: “A Structural Model for Electricity Forward Prices”