Dr Nicholas Vasilakos joined NBS in January 2011 as a lecturer in International Business. Prior to that, he held various research-focused positions in research-led universities and research institutes, including the University of Birmingham, Aston University and others.
Divide and Conquer? k-Means Clustering of Demand Data Allows Rapid and Accurate Simulations of the British Electricity SystemFull Text UEA Repository
Storing wind for a rainy day: What type of electricity does Denmark Export?Full Text UEA Repository
Turning the wind into hydrogen: The long-run impact on electricity prices and generating capacityFull Text UEA Repository
The economics of offshore windFull Text UEA Repository
Foreign Direct Investment Spillovers: Evidence from the British Retail SectorFull Text UEA Repository
Market behaviour with large amounts of intermittent generationFull Text UEA Repository
The Determinants of Retail Productivity: A Critical Review of the EvidenceFull Text UEA Repository
Sectoral Growth Drivers and Competitiveness in the European Union: Market Structure and Firm Level IndicatorsUEA Repository
Key Research Interests
Nicholas's research interests focus on the economics of regulation and business sustainability. In particular, his most recent work discusses the challenges and effects of the rapidly increasing share of renewables (especially wind) in the capacity mix of Great Britain and other European countries. Some of these challenges include issues related with the short and long term effect of renewables on wholesale electricity prices; the short and long term allocation of resources across different types of generating capacity; and the regulatory changes that may be required to accommodate such shift.
Nicholas has authored a number of articles in leading energy and energy-related journals on these subjects. He is the recipient of the 2012 Campbell-Watkins Energy Journal best paper award (shared with Richard Green of Imperial College) awarded by the International Association of Energy Economics.
Nicholas welcomes applications from PhD candidates interested in any of the following three (broadly defined) areas:
1) Assessment of the impact of the intermittency of supply associated with certain types of renewables (such as wind and solar pv) on national wholesale electricity markets.
2) Costs and benefits of harmonising the regulatory frameworks (and support schemes) across individual European networks
3) Assessment of the impact of green technologies on regional economic performance, business activity and growth.
Nicholas leads the organisation and delivery of the following modules:
- Economics for Business (4003Y)
- International Business (5016Y)
- Economics & Business Forecasating (M023)
Nicholas has over 10 years of experience in designing, leading and delivering economics and business modules in leading UK universities and abroad. His teaching portfolio includes (among others) the design of modules on Qunatitative Methods for Business, Advanced Microeconometrics, Introductory Econometrics, Microeconomics and Energy Economics.
Nicholas has designed and led a number of executive training programmes on forecasting and business analysis - aimed at senior management participants who wish to enhance their analytical and technical skills on economic market analysis and data management.
Office hours: Wednesday 2-3pm and Friday 12-1pm
Between 2011 and August 2013, Nicholas acted as the external seminar co-ordinator at NBS, during which time he took part in and oversaw the successful restructuring of the series, jointly with Stuart Barnes (now at Kent). Since August 2013 Nicholas has been the NBS's Associate Director of Staff Development. As part of his role, he is working jointly with Olga Tregaskis to design and implement a series of events that support and promote best practice in Administration, Teaching, Research and Scholarship and support academic staff in the development of their academic careers.