Person

Dr.

Barbara Glensk

Research Associate

Barbara Glensk
Lehrstuhl für Wirtschaftswissenschaften, insb. Energieökonomik

Address

Building: 4120

Room: 10.28

Mathieustraße 10

52074 Aachen

Contact

workPhone
Phone: +49 241 80 49833
Fax: +49 241 80 49829

Office Hours

Tuesday, 11 am - 12 pm
 

Research Interests

  • Optimization of Electricity Generation Portfolios
  • Portfolio Analysis
  • Econometrics and Operations Research
 

Publications

Journal Articles (full scholarly peer-review)
Glensk B., Madlener R. (2018). Fuzzy Portfolio Optimization of Power Generation Assets, Energies, 11, 3043. [MDPI]

Glensk B., Madlener R. (2018). Evaluating the Enhanced Flexibility of Lignite-Fired Power Plants: A Real Options Analysis, Energy Conversion and Management, 177: 737-749. [ScienceDirect]

Glensk B., Trzpiot G., Ganczarek-Gamrot A. (2015). The Impact of the Political Situation in Risk on European Gas Market, in: G.Trzpiot (ed.), Modelowanie wielowymiarowych struktur danych i analiza ryzyka (Modeling of multivariate data structure and risk analysis), University of Economics Katowice, Poland, pp: 108-117. (ISBN 978-83-7875-291-2 )
Glensk B., Madlener R. (2015). Review of Selected Methods for Portfolio Optimization of and Irreversible Investment in Power Generation Assets Under Uncertainty, in: Studia Ekonomiczne: Informatyka i Ekonometria 4 (Study of Economics: Informatics and Econometrics 4), No. 247/2015, University of Economics Katowice, Poland, pp: 20-42. (ISSN 2083-8611) [Link]
Trzpiot G., Glensk B., Ganczarek-Gamrot A. (2014). Risk and Returns on Polish Power Exchange and European Energy Exchange, Quantitative Methods in Economics, Warsaw University of Life Sciences, XV(1): 183-191. [Link]
Glensk B., Madlener R. (2013). Multi-period Portfolio Optimization of Power Generation Assets, Operations Research and Decisions, 23(4): 21-38. [Link]
Glensk B., Ganczarek-Gamrot A., Trzpiot G. (2013). Portfolio Analysis on Polish Power Exchange and European Energy Exchange, in: G. Konczak, J. Michnik, M. Nowak, T. Trzaskalik and T. Wachowicz (Eds.), Multiple Criteria Decision Making, Vol. 8 (2013), UE Katowice, Poland.
Glensk B., Ganczarek-Gamrot A., Trzpiot G. (2013). Validation of Market Risk on the Electric Energy Market – an IRC Approach, in: G. Trzpiot (Ed.), Studia Ekonomiczne: Wielowymiarowe modelowanie i analiza ryzyka (Study of Economics: Multivariate modeling and risk analysis), No.162/2013, University of Economics Katowice, Poland, pp: 38-49. [pdf, 3.944 kB]
Glensk B., Ganczarek-Gamrot A., Trzpiot G. (2013). The Classification of Spot Contracts from POLPX and EEX, in: G. Trzpiot (Ed.), Studia Ekonomiczne: Wielowymiarowe modelowanie i analiza ryzyka (Study of Economics: Multivariate modeling and risk analysis), No.162/2013, University of Economics Katowice, Poland, pp: 50-60. [pdf, 3.944 kB]

 
Working Papers
Glensk B., Madlener R. (2016). Evaluating the Enhanced Flexibility of Lignite-Fired Power Plants: A Real Options Analysis, FCN Working Paper No. 10/2016, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, August (revised June 2017). [SSRN]
Glensk B., Madlener R. (2015). Real Options Analysis of the Flexible Operation of an Enhanced Gas-Fired Power Plant, FCN Working Paper No. 11/2015, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, August (revised November 2018). [SSRN]
Glensk B., Rosen C., Madlener R. (2015). A Real Options Model for the Disinvestment in Conventional Power Plants, FCN Working Paper No. 9/2015, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, August (revised November 2018). [SSRN]
Glensk B., Madlener R. (2011). Dynamic Portfolio Selection Methods for Power Generation Assets, FCN Working Paper No. 16/2011, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, November. [SSRN]
Glensk B., Madlener R. (2011). Portfolio Selection Methods and their Empirical Applicability to Real Assets in Energy Markets, FCN Working Paper No. 11/2011, Institute for Future Energy Consumer Needs and Behavior, RWTH University, May.
Madlener R., Glensk B., Weber V. (2011). Fuzzy Portfolio Optimization of Onshore Wind Power Plants, FCN Working Paper No. 10/2011, Institute for Future Energy Consumer Needs and Behavior, RWTH University, May (revised July 2014). [SSRN]
Madlener R., Glensk B. (2010). Portfolio Impact of New Power Generation Investments of E.ON in Germany, Sweden and the UK, FCN Working Paper No. 17/2010, November.
Glensk B., Madlener R. (2010). Fuzzy Portfolio Optimization for Power Generation Assets, FCN Working Paper No. 10/2010, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, August. [SSRN]
Madlener R., Glensk B., Raymond P. (2009). Investigation of E.ON’s Power Generation Assets by Using Mean-Variance Portfolio Analysis, FCN Working Paper No. 12/2009, November.

 
Books / Book Chapters
Glensk B., Madlener R. (2014). On the Use of Fuzzy Set Theory for Optimizing Portfolios, in: M. Lübbecke, A. Weiler, B. Werners (eds.), Zukunftsperspektiven des Operations Research – Erfolgreicher Einsatz und Potenziale, Springer Gabler, pp. 263-274 (ISBN: 978-3-658-05706-0)

 
Contributions to Conferences and Workshops
Madlener R., Glensk B. (2018). Application of Fuzzy Theory for Optimizing Portfolios of Wind Power Generation Assets in a Changing Policy Environment, International Conference on Operations Research 2018 (OR2018), September 12–14, 2018, Brussels, Belgium.
Glensk B., Madlener R. (2017). Flexibility Options for Lignite-Fired Power Plants: A Real Options Approach. In: A. Fink, A. Fügenschuh, M.J. Geiger (Eds.), Operations Research Proceedings 2016. Selected Papers of the Annual International Conference of the German Operations Research Societies (GOR), August 30 - September 2, 2016, Hamburg, Germany, Springer-Verlag, Berlin/Heidelberg/New York, 1st Ed., pp. 157-163. (ISBN 978-3-319-55701-4)
Glensk B., Madlener R. (2017). Investments in Flexibility Measures for Gas-Fired Power Plants: A Real Options Approach. In: K. Doerner, I. Ljubic, G. Pflug, G. Tragler (Eds.), Operations Research Proceedings 2015. Selected Papers of International Conference of the German, Austrian and Swiss Operations Research Societies (GOR, ÖGOR, SVOR/ASRO), September 1-4, 2015, Vienna, Austria, Springer-Verlag, Berlin/Heidelberg/New York, 1st Ed., pp. 637-643. (ISBN 978-3-319-42902-1)
Glensk B., Madlener R. (2016). Flexibility Options for Lignite-Fired Power Plants: A Real Options Approach, International Conference on Operations Research “Analytical Decision Making” (OR 201 6), August 30 - September 2, 2016, Hamburg, Germany.
Glensk B., Rosen C., Madlener R. (2016). A Real Options Model for the Disinvestment in Conventional Power Plants, in: Operations Research Proceedings 2014, M. Lübbecke, A.M.C.A. Koster, P. Letmathe, R. Madlener, B. Peis, G. Walther (Eds.), Selected Papers of the International Annual Conference of the German Operations Research Society (GOR), September 2-5, 2014, Aachen, Germany, Springer-Verlag, Berlin/Heidelberg/New York, 1st Ed., pp. 173-181. (ISBN 978-3-319-28695-2 )
Glensk B., Madlener R. (2015). Investments in Flexibility Measures for Gas-Fired Power Plants: A Real Options Approach, International Conference on Operations Research “Optimal Decisions and Big Data” (OR 2015), September 1-4, 2015, Vienna, Austria.
Glensk B., Rosen C., Madlener R. (2015). Real Options Analysis of the Flexible Operation of an Enhanced Gas-Fired Power Plant, Nordic Environmental Social Science Conference 2015 “Contested Natures – New Strategies, Ideas and Dialogues?” (NESS 2015), June 9-11, 2015, Trondheim, Norway.
Rosen C., Glensk B., Madlener (2015). Market Analysis for Energy Provision by Flexible Power Plants, Nordic Environmental Social Science Conference 2015 “Contested Natures – New Strategies, Ideas and Dialogues?” (NESS 2015), June 9-11, 2015, Trondheim, Norway.
Glensk B., Madlener R. (2015). Decision-support Methods for Plant Operators Dealing with Technological Diversity and Uncertainty in Energy Markets, Statistics for Innovation: Data Visualization and Risk Analysis (SIDVRA 2015), June 3, 2015, Katowice, Poland.
Glensk B., Rosen C., Madlener R. (2014). A Real Options Model for the Disinvestment in Conventional Power Plants, International Conference on Operations Research 2014 “Business Analytics and Optimization” (OR2014), September 2-5, 2014, Aachen, Germany.
Glensk B., Madlener R. (2014). Dynamic Portfolio Optimization for Power Generation Assets, in: S. Helber, M. Breitner, D. Rösch et al. (Eds.), Operations Research Proceedings 2012. Selected Papers of the International Annual Conference of the German Operations Research Society (GOR), September 5-7, 2012, Hannover, Germany, Springer, Cham/Heidelberg/New York/Dordrecht/London (ISSN 0721-5924, ISBN 978-3-319-00794-6 , ISBN 978-3-319-00795-3 (eBook)).

Glensk B., Ganczarek-Gamrot A., Trzpiot G. (2013). Portfolio Analysis on Polish Power Exchange and European Energy Exchange, International Workshop on Multiple Criteria Decision Making 2013, March 17-19, 2013, Ustron, Poland.

Glensk B., Madlener R. (2013). Multi-Period Portfolio Optimization of Investments in Power Generation Assets, International Workshop on Multiple Criteria Decision Making 2013, March 17-19, 2013, Ustron, Poland.
Glensk B., Madlener R. (2012). Dynamic Portfolio Optimization for Power Generation Assets, International Annual Conference of the German Operations Research Society (OR 2012), September 4-7, 2012, Hannover, Germany.
Glensk B. (2011). New Ways to Deal with Technological Diversity and Financial Risk in Energy Economics and Management. Conference on Energy and Future Information Technology and Opening of the International Centre of Electron Microscopy for Materials Science , AGH University of Science and Technology, October 13-14, 2011, Cracow, Poland.
Glensk B., Madlener R. (2011). On the Use of Fuzzy Theory for Optimizing Portfolios of Power Generation Assets, Proceedings of the International Conference on Operations Research (OR 2011), August 30 - September 2, 2011, Zurich, Switzerland.
Madlener R., Glensk B. (2010). Use of Modern Portfolio Theory to Optimize the Power Generation Mix at the Company Level - Impact of a New Investment, Proceedings of the 11th IAEE European Conference "Energy Economy, Policies and Supply Security: Surviving the Global Economic Crisis", August 25-28, 2010, Vilnius, Lithuania.
Glensk B., Madlener R. (2010). Sustainable Development Goals and the Use of Modern Portfolio Theory for Optimizing the Power Generation Mix at the company Level, Proceedings of the 24th European Conference on Operations Research (EUOR 2010), July 11-14, 2010, Lisbon, Portugal.
Madlener R., Glensk B., Raymond P. (2009). Applying Mean-Variance Portfolio Analysis to E.ON's Power Generation Portfolio in the UK and Sweden, Proceedings of the 6th International Conference in Energy Economics "Energy, Economy and Technological Progress in Times of High Energy Prices" (IEWT), February 11-13, 2009, Vienna, Austria.

 
Reports
Virtuelles Institut „Transformation – Energiewende NRW“ (2017): Die Transformation des Industriestandortes Nordrhein-Westfalen im Zeichen der Energiewende. Herausforderungen – Erfolgsfaktoren – Gestaltungsmöglichkeiten. Wuppertal / Berlin.
Glensk B., Rosen C., Bachmann Schiavo R., Rabiee S., Madlener R., De Doncker R.W. (2015). Economic and Technical Evaluation of Enhancing the Flexibility of Conventional Power Plants, E.ON Energy Research Center Series, Vol. 7, Issue 3, November (ISSN: 1868-7415).
Glensk B., Madlener R. (2011). CO2-Free Power Generation from Nuclear Energy and Renewables: Perceived and Actual Risks, E.ON Energy Research Center Series, Vol. 3, Issue 6, October (ISSN: 1868-7415). [Download]
Madlener R., Glensk B., Westner G. (2010). Optimization of E.ONs Power Generation with a Special Focus on Renewables, E.ON Energy Research Center Series, Vol. 2, Issue 2, December (ISSN: 1868-7415). [Download]