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ENAMEC research institute
The science and technology branch of the ENAMEC institute is dedicated to interdisciplinary research for applications to economy, ecology, technology, and trade. Mathematical research is executed in collaboration with the Middle East Technical University, and other institutions. Fundamental research is also supported by the Einstein Lab. Mathematical modelling and prototyping of processes and systems is our main expert and consultancy service for the industrial sectors of finance and energy trading, renewable energy systems, and environmental technology.
The institute has long-term research partnerships with public and private research institutions throughout the ENAMEC region. Research projects of direct practical relevance are also conducted in close cooperation with partners from the relevant industries.

selected publications
Recent ENAMEC publications on particular topics of interest can be obtained on request. Please contact us.

Climate, Energy, and Financial Markets
N.S. Aydin, M. Rainer, Asset-backed stable numeraire approach for sustainable valuation; Sustainable Finance and Investment (2022) 12:2, 360-374.
N.S. Aydin, M. Rainer, Valuation of power swing options; Journal of Energy Markets (2013) 6(3) 89-110.
S. Giebel, M. Rainer, Neural network calibrated stochastic processes: forecasting financial assets; Centr. Europ. J. Op. Res. 21(2), 277-293 (2013).
S. Giebel, M. Rainer, N.S. Aydin, Simulation and prediction of wind speeds: a neural network for Weibull; J. Iran. Stat. Soc. (2013) 12(3), 293-319.
M. Rainer, The concept of value: towards a consistent valuation method for Islamic financial engineering; ISRA International Journal of Islamic Finance (2013) 5(2) 53-82.
S. Giebel, M. Rainer, Stochastic processes adapted by neural networks with application to climate, energy, and finance; Appl. Math. Comput. 218, 1003-1007 (2011).
M. Rainer, Calibration of Stochastic Models for Interest Derivatives; Optimization 58(3), 373-388 (2009)