Konstantin Lenz is since 2014 Professor for Energy Economics at the University of Applied Sciences in Erfurt. His research focuses on the long-term development of the German and European power market and weather risk management. He studied power and process engineering at the Berlin University of Technology. His career in the liberalised energy markets started at Electrabel where he worked as price and product manager. As Head of the German analysis of Markedskraft he built up their power market analysis for Germany. Later on he took over the position of a director of portfolio management and trading at Kom-Solution. Afterwards he worked as independent consultant on different projects in the German power market focussing on long-term analysis, risk management and trading. For Nasdaq Commodities he developed a wind index future for the German power market. Together with the analysis provider Wattsight he focuses on long-term price forecasts for the German and European Power market as well as on services for Power Purchase Agreements (PPAs) as well as for investments in gas power plants and electricity storages.