Michael Caramanis
Affiliated Faculty, IGS; Professor, Mechanical Engineering, College of Engineering
Michael Caramanis, affiliated faculty with the Boston University Institute for Global Sustainability (IGS), is Professor of Systems and Mechanical Engineering at Boston University (1982 – pres.), chaired the Greek Regulatory Authority for Energy and the International Energy Charter’s Investment Group (20014-2008), was personally involved in power market implementations in England (1989-90) and Italy (2000-03), and his written work has influenced Power Market design in the US and Europe.
His current application domain focus is Marginal Costing and Dynamic Pricing on coordinated active Power Grids integrating congestion, renewable generation uncertainty, and the flexibility of Distributed Energy Resources including Electric Vehicles and other new responsive demand.
He is co-author of Spot Pricing of Electricity, Kluwer, 1987, along with hundreds of refereed publications. His disciplinary background is in Mathematical Economics, Optimization, and Stochastic Dynamic Decision Making.
Pronouns: he/him
- IGS Affiliations
- Affiliated and Faculty