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Rene
Carmona

Paul M. Wythes ’55 Professor of Engineering and Finance, Professor of Operations Research and Financial Engineering

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Research interests: Mathematical analysis of energy and emission markets; gas and electricity trading; design of cap-and-trade schemes; models and computational methods for the equity and credit markets

Related News

A man points to writing on a blackboard while giving a lecture to students.

Tools to navigate an uncertain world: ORFE department celebrates a quarter century

Solar panels on a hillside at night, illuminated by city lights in the background.
A Princeton-led team is creating software to help solve the challenge of integrating renewable energy into the electric grid without sacrificing grid reliability. Photo by Adobe Stock

Risk science brings reliability to changing energy grids

Rene Carmona

Carmona named fellow of the American Mathematical Society

image of electric grid
A Princeton research team was among 11 research groups nationwide selected by the Energy Department to develop methods to manage risk and optimize markets for renewable energy.

Risk experts quantify reliability of renewables, helping grid operators and spurring investors

Affiliations

Sherrerd Hall

Operations Research and Financial Engineering

Developing mathematical and computational tools for making decisions under uncertainty