Maruf Morshed
Maruf Morshed is acting chair and assistant teaching professor in the Energy Business and Finance Program at the John and Willie Leone Family Department of Energy and Mineral Engineering. His research sits at the intersection of energy economics, environmental economics, and applied econometrics, with a focus on electricity markets and energy policy. Current projects include modeling long-term energy market design under high renewable penetration, analyzing optimal battery storage for the U.S. electricity market, examining market power in battery storage
through oligopolistic modeling, assessing the economic impacts of a federal Low Carbon Fuel Standard on the aviation industry, and developing a composite macroeconomic stress index incorporating energy market data.
Morshed earned his Ph.D. in economics from Texas Tech University in 2023, a master's of economics in environmental economics from Dhaka school of Economics, and a B.Sc. in mechanical engineering from Bangladesh University of Engineering & Technology. Before pursuing his doctorate, he spent six years as an engineer in the power generation, pharmaceutical, and construction industries. He is a member of the U.S. Association of Energy Economists, the American Economic Association, and INFORMS.
• Morshed, M., & Avetisyan, M. (2025). Are Biofuels More Environmentally Friendly? The Greenhouse Gas Emissions Impacts of Increased Biofuel Production. In Renewable Energy Towards Decarbonization: Proceedings of ICEER 2024 (p. 293). Springer Nature.
• Nie, Q., Brown, X. L., Liu, B., & Morshed, M. (2024). Uncertainties, Employment and the Zero Lower Bound. International Journal of Energy Economics and Policy, 14(4), 305–316.

