About Neon

Neon Neue Energieökonomik GmbH is a Berlin-based boutique consulting firm for energy economics. We conduct studies, advise, and offer trainings. Combining expertise in economic theory with advanced modeling capabilities and industry experience, we help clients in the public and private sector throughout Europe. Our work rests in the believe that scientific rigour, transparency and openness will deliver the best results.

Team

Prof. Dr. Lion Hirth founded Neon and serves as its director. He also teaches at Hertie School in Berlin. Previously he spent five years with Vattenfall. Dr. Ingmar Schlecht serves as Neon’s second director holds a Ph.D. in economics from University of Basel, where he focused on electricity market modelling.  Jonathan Mühlenpfordt is Neon’s data analyst. Juliane Reimann runs Strommarkttreffen.

Topics

As a boutique consulting company, we work on seven clearly defined topics around the economics of power markets: the market value of wind and solar energy, electricity market design, redispatch, (whole) system costs of renewables, balancing energy, power market modeling and open souce / open data.

Clients

Our diverse portfolio of clients includes the public sector, such as Germany’s Federal Ministry of Economic Affairs and Energy or the European Comission as well as a broad range of energy companies, such as utilities, traders, project developers, and large-scale electricity consumers. We also advise clients in the financial sector, international organisations such as the IEA or think tanks such as Agora Energiewende.

Projects

Neon leads a large project on the market-based procurement (or not) of “Redispatch” for the Federal Ministry of Economic Affairs and Energy. We also advise the ministry in various other projects on electricity market design. We have evaluated the ENTSO-E Transparency Plattform on behalf of the European Commission and lead the work on the Open Power System Data platform. In a number of projects we have advised private sector clients on the market value of renewables, e.g. Sweden’s Energiforsk.

Seminars

We regularly offer training seminars as well as tailored in-house trainings for teams. The seminar Power Systems & Markets (2 days) targets energy analysts and decision makers in industry, policy making, and society that aim at deepening their analytical understating of energy markets. The training seminar Electricity System Modeling offers a compressed introduction to the numerical modeling of power markets and systems in Excel and GAMS.

Strommarkttreffen

Strommarkttreffen is a network of 4000+ energy professionals from academia, industry, and policy making. We meet for monthly workshops and maintain an email list. The network serves as a discussion platform and competence pool. Strommarkttreffen is run by Neon.

EMMA

Neon’s analytical workhorse is the European Electricity Market Model EMMA. The model optimizes hourly dispatch and investment of power supply in Northwestern Europe, providing electricity prices in hourly granularity. EMMA is open source and has been used for various projects and publications.