RUSSO Marianna

Ph.D., Finance

Marianna is an Associate Professor of Finance at NEOMA Business School. She holds a Ph.D. in Finance from Bayes Business School, City St George’s, University of London, UK. Her research lies at the intersection of energy economics, renewable energy integration, commodity markets, and climate finance, with a particular focus on the economic and financial implications of the transition toward decentralized and low-carbon energy systems.

Marianna is Principal Investigator and coordinator of REFRAME (Decentralization of Electricity Systems – An Integrated Approach for Risk Assessment and Mitigation in the Energy Sector), a Franco-German research project funded under the FRAL 2024 programme of the French National Research Agency (ANR) and the German Research Foundation (DFG). The project reflects her broader research agenda on the transformation of energy systems, with particular attention to risk, market dynamics, consumer behaviour, and the economic implications of increasing decentralization.

Her research has been published in leading international journals, including the European Journal of Operational Research, The Energy Journal, Energy Economics, and the Journal of Commodity Markets. She is also a certified FinTech professional from Harvard University, complementing her expertise in finance and energy economics with knowledge of emerging financial technologies.

At NEOMA Business School, Marianna teaches financial econometrics, microeconomics, and fundamentals of finance across undergraduate and graduate programmes. Prior to her academic career, she worked as an energy economist at Eni, a major international energy company. This combination of academic research and industry experience informs her approach to both research and teaching, enabling her to connect rigorous economic and financial analysis with the practical challenges facing energy markets and the transition to a low-carbon economy.

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RUSSO, M., M. T. DEVINE, P. CUFFE, "Trading electricity using tranched power delivery contracts", Applied Economics, September 2025, vol. 57, no. 41, pp. 6426-6432
KRAFT, E., M. RUSSO, D. KELES, V. BERTSCH, "Stochastic optimization of trading strategies in sequential electricity markets", European Journal of Operational Research, July 2023, vol. 308, no. 1, pp. 400-421
HALSER, C., F. PARASCHIV, M. RUSSO, "Oil–gas price relationships on three continents: Disruptions and equilibria", Journal of Commodity Markets, September 2023, vol. 31, no. 100347, pp. 100347

RUSSO, M., M. T. DEVINE, P. CUFFE, "Trading electricity using tranched power delivery contracts", Applied Economics, September 2025, vol. 57, no. 41, pp. 6426-6432
KRAFT, E., M. RUSSO, D. KELES, V. BERTSCH, "Stochastic optimization of trading strategies in sequential electricity markets", European Journal of Operational Research, July 2023, vol. 308, no. 1, pp. 400-421
HALSER, C., F. PARASCHIV, M. RUSSO, "Oil–gas price relationships on three continents: Disruptions and equilibria", Journal of Commodity Markets, September 2023, vol. 31, no. 100347, pp. 100347
RUSSO, M., E. KRAFT, V. BERTSCH, D. KELES, "Short-term Risk Management of Electricity Retailers Under Rising Shares of Decentralized Solar Generation", Energy Economics, May 2022, vol. 109
RUSSO, M., V. BERTSCH, "A looming revolution: Implications of self-generation for the risk exposure of retailers", Energy Economics, October 2020, vol. 92, pp. 104970
MENEZES, L. M. D., M. RUSSO, G. URGA, "Measuring and Assessing the Evolution of Liquidity in Forward Natural Gas Markets: The Case of the UK National Balancing Point", The Energy Journal, January 2019, vol. 40, no. 1, pp. 143-169.
DEVINE, M. T., M. RUSSO, "Liquefied natural gas and gas storage valuation: Lessons from the integrated Irish and UK markets", Applied Energy, March 2019, vol. 238, pp. 1389-1406

RUSSO, M., L. M. D. MENEZES, G. URGA, "Liquidity in the NBP forward market" in 13th International Conference on European Energy Market (EEM), 2016, Porto, Portugal