The Institute of Energy Economics at the University of Cologne (EWI) is a non-profit organization (gGmbH). It sees itself as a knowledge factory that aims at creating, disseminating and utilizing new knowledge about increasingly complex energy markets. The energy world is currently undergoing dramatic change, with changing political and social conditions as well as new technologies and innovations. These changes raise complex questions for which EWI is seeking answers: through practical and agenda-neutral energy economics research.
In order to create the greatest possible gain in knowledge for science, energy policy and energy industry practice, the institute applies the latest economic methods. In addition to theoretical economics analyses, a focus is on the use and further development of quantitative methods. These include detailed, computer-aided models of the European electricity and gas industry, but also global energy markets such as coal and oil. EWI produces energy-economic analyses with great practical relevance. EWI’s clients include public institutions such as the Federal Government, the State Government of North Rhine-Westphalia, European authorities as well as private companies such as large energy suppliers, municipal utilities and associations.
Annette Becker, Prof. Dr. Marc Oliver Bettzüge and Prof. Dr. Wolfgang Ketter lead a team of about 35 employees. EWI has an annual budget of 2 to 2.5 million euros. About one third of this is institutional funding from the State of North Rhine-Westphalia, one third is financed through publicly funded research projects and one third through consultancy projects for various public and industrial clients. In total, less than 10 percent of the budget is covered by project-related grants from EWI’s funding agency.
The Institute of Energy Economics is a research institution of the Cologne University Foundation, and thus a 100% subsidiary of the foundation. In addition to EWI, the foundation includes the (planned) Innovation and Start-up Centre of the University of Cologne, which will include a test centre for companies and their digital business models as well as an incubator for spin-offs. Both institutions, EWI and the Innovation and Start-up Centre, are transfer institutions that bring ideas from the University into economy and society.
The Supervisory Board of the Institute of Energy Economics consists of up to nine members, who are delegated in equal thirds by the Gesellschaft zur Förderung des Energiewirtschaftlichen Instituts an der Universität zu Köln e. V. (Society of Benefactors of the Institute of Energy Economics at the University of Cologne), the government of the State of North Rhine-Westphalia and the University of Cologne.
The members of the Supervisory Board are: