In a few words

Olivier Massol is Professor of Economics and Scientific Assistant Director at IFP School.

Olivier joined IFP School in 2007 as a Lecturer of Energy Economics. He subsequently became Assistant Professor (2009-2014),  Associate Professor (2014-2021) and Professor at the Center for Energy Economics and Management in 2021. From 2000 to 2007, he worked for Gaz de France (now Engie) – a utility company – as an economist and then a project manager.

Olivier’s research interests and expertise are in applied economics and more specifically in the fields of Industrial Organization and Energy and Natural Resources Economics. His contributions concentrate on questions related to: (i) the monetization of natural resources; (ii) the economics of energy infrastructures; (iii) the modeling of strategic interactions in the energy industries, or (iv) the spatial integration of energy markets. Olivier's research mobilizes a variety of quantitative techniques drawn from game theory, econometrics and operations research.

He is one of the founding members (and serves as the Executive Director) of the Chair “The Economics of Natural Gas”, a research and teaching initiative. He is Associate Researcher at the “Climate Economics Chair” (Research Program: Energy Transitions). He also contributes to the IFP School's Chair "Carbon management and negative CO2 emissions technologies towards a low carbon future" (CarMa).

Olivier is an elected council member of the French Association for Energy Economics and has been appointed Honorary Research Fellow of the Department of Economics at City, University of London.

Olivier Massol graduated with an Ingénieur Civil des Mines degree (Saint Etienne, 1998), a MSc. degree in Energy Economics (IFP School) and a MRes. in Industrial Organization (Paris-Dauphine University). In 2013, he received his PhD. in Economics from City, University of London and defended an Habilitation à Diriger des Recherches in Economics at Paris-Dauphine University.

Research subjects
Energy and natural resources economics
Economics of energy systems and network industries
Spatial integration of energy markets
  • Chair “The Economics of Natural Gas”
  • Climate Economics Chair - Research Program: Energy Transition (CEC)
  • Chair "Carbon management and negative CO2 emissions technologies towards a low carbon future" (CarMa).

Thomas, A., Massol, O., Sévi. B. (2021). How are day-ahead prices informative for predicting the next day’s consumption of natural gas? Evidence from France. The Energy Journal, Forthcoming.

Baba, A., Creti, A. and O. Massol. (2020). What can be learned from the free destination option in the LNG imbroglioEnergy Economics, 89: 104764.

Perrotton, F., Massol, O. (2020). Rate-of-return regulation to unlock natural gas pipeline deployment: insights from a Mozambican project. Energy Economics, 85: 104537. 

Dukhanina, E., Massol, O., and F. Lévêque. (2019). Policy measures targeting a more integrated gas market: Impact of a merger of two trading zones on prices and arbitrage activity in France. Energy Policy, 132: 583-593. 

Massol, O., and O. Rifaat, (2018). Phasing out the U.S. Federal Helium Reserve: policy insights from a world helium model. Resource and Energy Economics, 54: 186-211.

Massol, O., and A. Banal-Estañol, (2018). Market Power And Spatial Arbitrage Between Interconnected Gas Hubs. The Energy Journal, 39(SI2): 67-95. 

Dukhanina, E., and O. Massol, (2018). Spatial Integration of Natural Gas Markets: a Literature Review. Current Sustainable/Renewable Energy Reports, 5(2): 129-137.

Perrotton, F., and O. Massol, (2018). The technology and cost structure of a natural gas pipeline: Insights for costs and rate-of-return regulation. Utilities Policy, 53: 32-37. 

Massol, O., Tchung-Ming, S., and A. Banal-Estañol. (2018). Capturing industrial CO2 emissions in Spain: infrastructures, costs and break-even prices. Energy Policy, 115: 545-560.

Banal-Estañol, A., Eckhause, J., and O. Massol. (2016). Incentives for early adoption of carbon capture technology: further considerations from a European perspective. Energy Policy, 90: 246-252. 

Massol, O., Tchung-Ming, S., and A. Banal-Estañol. (2015). Joining the CCS Club! The Economics of CO2 Pipeline Projects. European Journal of Operational Research, 247(1); 259-275.

Massol, O. and A. Banal-Estañol. (2014). Export Diversification and Resource-based Industrialization: the case of Natural Gas. European Journal of Operational Research, 237(3): 1067-1082.

Abada, I., S.A. Gabriel, V. Briat, and O. Massol. (2013). A Generalized Nash-Cournot Model for the North-Western European Natural Gas Markets with a Fuel Substitution Demand Function: The GaMMES Model. Networks and Spatial Economics, 13(1): 1-42. 

Abada, I., V. Briat and O. Massol. (2013). Construction of a Fuel Demand Function Portraying Interfuel Substitution, a System Dynamics Approach. Energy, 49(1): 240-251.

Abada, I., and O. Massol. (2011). Security of Supply and Retail Competition in the European Gas Market: Some Model-based Insights. Energy Policy, 39(7): 4077-4088. 

Massol, O., (2011). A Cost Function for the Natural Gas Transmission Industry: Further Considerations. The Engineering Economist, 56(2): 95-122. 

Massol, O., and S. Tchung-Ming, (2010). Cooperation among Liquefied Natural Gas suppliers: Is Rationalization the Sole Objective? Energy Economics, 32: 933-47.