CV
Here is my full CV.
Education
- PhD in Applied Mathematics, UCLouvain, 2024
- Master in Philosophy, UCLouvain, 2023
- Certificate in Philosophy, UCLouvain, 2020
- Master in Engineering, Applied Mathematics, UCLouvain, 2016
- Bachelor in Engineering, Mechanics & Applied Mathematics, UCLouvain, 2014
Work experience
- Feb 2025 - present: Post-doctoral researcher
- Max Planck Institute for Research on Collective Goods & Forward Market Design
- Research under the supervision of Prof. Peter Cramton and Prof. Axel Ockenfels.
- Dec. 2024 – Jan.2025: Post-doctoral researcher
- CORE, UCLouvain
- Under the supervision of Prof. Anthony Papavasiliou.
- Nov. 2020 – Dec. 2024: PhD student
- CORE, UCLouvain
- The thesis, titled “Price Formation with Non-Convexities: Theory and Applications for the Electricity Market”, is conducted under the supervision of Prof. Anthony Papavasiliou and Prof. Bert Willems.
- Sep. 2019 – Nov. 2020: Senior Consultant in Optimization and Energy Markets
- N-SIDE, Belgium
- Working on projects relying on applied mathematics to address issues in the energy sector. Working with various stakeholders (TSO, DSO, Power Exchange).
- Sep. 2016 – Sep. 2019: Consultant in Optimization and Energy Markets
- N-SIDE, Belgium
Publications
Average incremental cost pricing in electricity auctions
Stevens, N., ONeill, R., and Papavasiliou, A. (2026) Average incremental cost pricing in electricity auctions. Energy Economics, 153, 109047.
The Morality of Markets. A Critique
Ponthiere, G., and Stevens, N. (2025). The Morality of Markets. A Critique. Mathematical Social Sciences, 134: 14-19
Price Formation with Non-Convexities: Theory and Applications for the Electricity Market
Stevens, N. (2024). Price Formation with Non-Convexities: Theory and Applications for the Electricity Market (Doctoral dissertation, UCLouvain).
On some advantages of convex hull pricing for the European electricity auction
Stevens, N., Papavasiliou, A., and Smeers, Y. (2024). On some advantages of convex hull pricing for the European electricity auction. Energy Economics, 134, 107542.
Indivisibilities in investment and the role of a capacity market
Stevens, N., Smeers, Y., and Papavasiliou, A. (2024). Indivisibilities in investment and the role of a capacity market. Journal of Regulatory Economics, 66, pp. 238–272.
Hierarchical coordination of transmission and distribution system operations in European balancing markets
Mezghani, I., Stevens, N., Papavasiliou, A., and Chatzigiannis, D. I. (2023). Hierarchical coordination of transmission and distribution system operations in European balancing markets. IEEE Transactions on Power Systems 38 (5), 3990-4002.
Application of the Level Method for Computing Locational Convex Hull Prices
Stevens, N., and Papavasiliou, A. (2022). Application of the Level Method for Computing Locational Convex Hull Prices. IEEE Transactions on Power Systems, 37(5), 3958-3968.
Hierarchical Balancing in Zonal Markets
Papavasiliou, A., Bjørndal, M., Doorman, G., & Stevens, N. (2020). Hierarchical Balancing in Zonal Markets. 17th International Conference on the European Energy Market (EEM), pp. 1-6, IEEE.
Dynamic dimensioning approach for operating reserves: Proof of concept in Belgium
De Vos, K., Stevens, N., Devolder, O., Papavasiliou, A., Hebb, B., and Matthys-Donnadieu, J. (2019). Dynamic dimensioning approach for operating reserves: Proof of concept in Belgium. Energy Policy, 124, 272-285.
MIQP-based algorithm for the global solution of economic dispatch problems with valve-point effects
Absil, P. A., Sluysmans, B., and Stevens, N. (2018). MIQP-based algorithm for the global solution of economic dispatch problems with valve-point effects. Power Systems Computation Conference (PSCC), pp. 1-7, IEEE.
Models and Algorithms for Pricing Electricity in Unit Commitment
Stevens, N. (2016). Models and Algorithms for Pricing Electricity in Unit Commitment (Master thesis, UCLouvain).
Talks
IAEE 2025: Average incremental cost pricing in electricity auctions
Conference at IAEE, Paris, France
MIT EIMC2 Seminar: On some advantages of convex hull pricing for the European electricity auction
Seminar at MIT, LIDS, EIMC2 Seminar, Cambridge, MA, USA
Harvard Energy Policy Seminar: Pricing Rules for Electricity Auctions with Non-Convexities
Seminar at Harvard Kennedy School, Energy Policy Seminar, Cambridge, MA, USA
INFORMS 2023: Indivisibilities in Investment and the Role of a Capacity Market
Conference at INFORMS, Phoenix, AZ, USA
EURO 2022: Application of the Level Method for Computing Locational Convex Hull Prices
Conference at EURO, Aalto, Finland
EURO 2021: Application of the Level Method for Computing Locational Convex Hull Prices
Conference at EURO, Athens, Greece
Teaching
Rewiewing activities
Reviewer for the Energy Journal, Energy Economics, IEEE Transactions on Energy Markets, Policy, and Regulation, IEEE Transactions on Power Systems.
