E. (Ece) Karakoyun

Erasmus School of Economics (ESE)
Erasmus University Rotterdam
Associate Member ERIM
Affiliated since 2023

Ece C. Karakoyun is an assistant professor at the Econometric Institute of the Erasmus School of Economics. Her research mainly addresses challenges at the interface of operations and design problems arising in the energy industry. This encompasses both the supply and demand sides, employing stochastic optimization techniques to find effective solutions and offer valuable insights to relevant stakeholders. She is particularly interested in the operations of low-carbon emerging technologies (e.g., renewable energy resources, energy storage systems, and hybrid energy systems), and in integrating these technologies into electricity market operations while maintaining operational flexibility. She is also interested in energy demand-side management, with a particular emphasis on demand response strategies and the development of smart grids.  


  • Academic (2)
    • Toufani, P., Cigdem Karakoyun, E., Nadar, E., Fosso, O. B., & Kocaman, A. S. (2023). Optimization of pumped hydro energy storage systems under uncertainty: A review. Journal of Energy Storage, 73(109306), Article 109306. https://doi.org/10.1016/j.est.2023.109306

    • Cigdem Karakoyun, E., Avci, H., Kocaman, A. S., & Nadar, E. (2023). Deviations from commitments: Markov decision process formulations for the role of energy storage. International Journal of Production Economics, 255(108711), Article 108711. https://doi.org/10.1016/j.ijpe.2022.108711

  • External (1)
    • Cigdem Karakoyun, E. (2023). Energy operations management for renewable power producers in electricity markets.


Visiting address

Burgemeester Oudlaan 50
3062 PA Rotterdam

Postal address

Postbus 1738
3000 DR Rotterdam