Projects per year
Personal profile
Academic Biography
Vahid is a senior lecturer in Economics at the International Business School of Teesside University since November 2022. His background is in Energy Economics and he has focused on integrating economic theory into practice in teaching and research. He is greatly enthusiastic about working and researching in a highly interdisciplinary environment.
Summary of Research Interests
- Energy policy
- Bioenergy Economics
- Renewable Energy Economics
- Electricity Market
- Long-term Energy Planning
- Circular Economy
- Sustainable Business & Finance
Enterprise Interest and Activities
- Business model and canvas design and mapping,
- participatory techniques, System dynamic modeling
- Techno-economic and valuation analysis,
- Investment Appraisal, scenario and cash flow analysis,
- Socio-economic and social Impact Assessment
PhD and Research Opportunities
Interested in exploring the following subjects via a PhD, DBA studentship (self-fund):
- Stochastic techno-economic assessment of renewable energy;
Method: Real option, Background: Economics, Engineering - Energy security and renewable energy impact;
Method: Valuation, Background: Economics, Finance - Climate change policy framework to alleviate the cost of living;
Method: system design, Background: Economics, Business - Bioenergy deployment and rural development;
Method: System design, Background: Agricultural Economics, Social science - Local Economic Assessment (LEA) of renewable energy development;
Method: I-O, Input-Output, Background: Economics, - Energy Transition and International Relations;
Method: Conceptual design, Background: Politics, Political Economy
Learning and Teaching Interests and Activities
Current teaching at TU:
- Quantitative Economics
- Derivatives, Options and Futures
- Financial planning
- Investment and Portfolio Management
- Quantitative Finance
Other teaching Experiences:
- Techno-economic analysis
- Energy Economics
- Risk, Impact, and Adaptation
- Contemporary issues in economics
- Macroeconomic (Social Implication)
- Microeconomic (industrial Implication)
- Valuation and Financial Economics
Education/Academic qualification
PhD, Energy Economics
2010 → 2015
Award Date: 1 Feb 2015
Master, Energy economics
2007 → 2010
Award Date: 2 Oct 2010
External positions
Postdoctoral Research Fellow, Aston University
Aug 2021 → Nov 2022
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Collaborations and top research areas from the last five years
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Socio-economic impact assessment for the power generation expansion in the UK
Ghorbani Pashakolaie, V. (PI), He, Z. (PI), Cotton, M. (CoI), Shahrier, S. (CoI), Elheddad, M. (CoI), Omotoso, K. (CoI) & Aladesanmi, O. (CoI)
16/05/24 → 31/03/25
Project: Research
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African Agriculture KTP: Valorisation of cassava waste through biochar for water treatment and soil enhancement.
Pak, T. (PI), Ahmed, T. G. (CoI), Zohoori, V. (CoI) & Ghorbani Pashakolaie, V. (CoI)
1/04/24 → 31/12/26
Project: Research
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UKSPF DIG-IT (Digital Inclusion – Growing in IT)
Joneidy, S. (PI), Gray, N. (PI), Ghorbani Pashakolaie, V. (CoI), Joseph, D. (CoI), Omotoso, K. (CoI), Spoors, D. (CoI), Chikezie, E. (RA) & Asheri, L. (RA)
1/06/23 → 31/03/24
Project: Consultancy
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Monetization of policy costs and sustainability benefits associated with renewable energy in fossil fuel-rich countries (FFRCs)
Ghorbani Pashakolaie, V., Heydari, K. & Almena, A., 23 Jun 2023, In: Environmental and Sustainability Indicators. 19, 100271.Research output: Contribution to journal › Article › peer-review
Open AccessFile148 Downloads (Pure) -
A holistic sustainability overview of hemp as building and highway construction materials
Muhit, I. B., Omairey, E. L. & Pashakolaie, V. G., 15 May 2024, In: Building and Environment. 256, 111470.Research output: Contribution to journal › Article › peer-review
Open AccessFile529 Downloads (Pure) -
From investment to impact: Exploring socio-economic prospect of hydrogen investment in Tees Valley, UK
Ghorbani Pashakolaie, V., Guðlaugsson, B. & Ahmed, T. G., 1 Feb 2026, In: Socio-Economic Planning Sciences. 103, 102371, p. 1 14 p., 102371.Research output: Contribution to journal › Article › peer-review
Open AccessFile32 Downloads (Pure) -
More than megawatts: The uneven socio-environmental returns from renewable electricity Contracts for Difference in the United Kingdom
Ghorbani Pashakolaie, V., Cotton, M. & Jansen, M., 1 Aug 2026, In: Energy Research and Social Science. August 2026, 138, 13 p., 104842.Research output: Contribution to journal › Article › peer-review
Open AccessFile -
Integrating modern bioeconomy into macroeconomics: A comprehensive review of impacts and interactions
Ghorbani Pashakolaie, V., Gonella, S. & Muhit, I. B., 1 Jun 2025, In: Bioresource Technology Reports. 30, p. 1-17 1002125.Research output: Contribution to journal › Article › peer-review
Open AccessFile60 Downloads (Pure)
Press/Media
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Unwelcome warning issued to all petrol and diesel drivers
14/04/26
1 Media contribution
Press/Media: Press / Media