Chair of Energy Economics again awarded the Theodor-Wessels-Preis

On November 26, 2025, the Theodor-Wessels-Preis of the Theodor-Wessels-Stiftung of the Association "Alumni-Verein der Absolventen und Freunde des Energiewirtschaftlichen Instituts an der Universität zu Köln", endowed with a total of 10,000 euros, was awarded at a ceremony.

Hendrik Scharf's article "How do different hydrogen and emission allowance price scenarios shape the cost-effective energy transition in Germany's process industries?" from the Chair of Energy Economics was awarded second place. Dr. Lisa Sieger from the University of Duisburg-Essen was awarded first place, while Samir Jeddi and Nils Namockel (both from the University of Cologne) were each awarded third place. Further information on this year's prize winners, the award-winning articles and the composition of the jury can be found here.

General information on the Theodor Wessels Prize

The Theodor-Wessels-Preis is awarded every two years by the Theodor-Wessels-Stiftung, which was established in 1981 in honor of the founder and long-time director of the Institute of Energy Economics at the University of Cologne, Professor Theodor Wessels. The price is awarded to doctoral candidates at German or foreign universities. It recognizes work that significantly contributes to clarifying business and economic issues in the energy industry or solving important energy policy problems. A highly qualified jury, consisting of representatives from academia and industry, selects the winners from numerous applications.