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University of Exeter Business School

Professor Konstantinos Chalvatzis

Professor Konstantinos Chalvatzis

Associate Pro-Vice Chancellor for Business Engagement and Innovation

 Streatham Court 1.68


Streatham Court, University of Exeter, Rennes Drive, Exeter, EX4 4PU, UK


Konstantinos Chalvatzis has joined the Faculty of Environment, Science and Economy in 2024 as the Faculty Pro-Vice Chancellor for Business Engagement and Innovation.

Professor Chalvatzis joined the University of Exeter from the University of East Anglia (2010-23) where he was the inaugural Director of ClimateUEA (2019-23), leading the University’s largest interdisciplinary research theme. He was also the Associate Dean in the Faculty of Social Sciences (2018-23), responsible for the innovation and impact portfolios.

Before joining academia he has led energy engineering projects across Eastern Europe, MENA and the Caucasus regions. 

Konstantinos has had academic roles as Chair of Sustainable Energy Business (2017-23) and earlier Associate and Assistant Professor in Business and Climate Change (2010-17). His research focuses on energy sector innovation, early stage financing ventures; corporate and sustainability and goverance. His projects have attracted EU, UK Government, industry and corporate investment funding of approximately £22m.

He holds visiting roles with the École Supérieure de Commerce de Paris (FR) and the School of Economics, Management and Statistics at the University of Bologna (IT) and has been visiting scholar with the Department of Geographical Sciences at the University of Maryland, College Park (US).


BEng, MSc, PgCert, FHEA 

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Research interests

Professor Chalvatzis' research is challenge-driven and contributes to current industrial policy and management debates. Understanding that real world problems are not confined to academic disciplines Konstantinos has been trained as an interdisciplinary researcher, looking into issues of corporate sustainability and governance, energy and climate policy and energy sector innovation.

He has provided policy reviews for the IPCC WGIII, EU Commission (DG Energy, DG CLIMA and DG COMP) and IRENA. Konstantinos has been contracted to review for numerous research funders including within the EU Commission, the Irish Research Council and UKRI. He has also provided occassional manuscript reviews for over 50 academic journals.

Professor Chalvatzis has supervised 12 PhD candidates to a timely completion and has supported them to successful careers in research intensive universities and senior advisory roles. 

If you are thinking of studying for a PhD in my areas of expertise and you would like to discuss your research ideas please email me.  

Research projects

As Principal Investigator Professor Chalvatzis' projects have received funding of approximately £22m. 

CIRCLE project (€5.5m; 2020-2023; EU INTERREG FCE) developed and applied circular economy models for the development of sustainable concrete and cement; arguably one of the most difficult to decarbonise industrial sectors. Professor Chalvatzis' research contributed to advanced business models and in-depth understanding of financing of sustainability innovations. 

Intelligent Community Energy (ICE) project (€8m; 2016-2023; EU INTERREG FCE) explored the role of energy communities in promoting energy innovation and economic development for remote and isolated regions. Professor Chalvatzis' research has advanced state-of-the-art methods for user engagement with technology and analytical tools for low carbon energy policy evaluation. 

TILOS project (€15m; 2014-2019; EU DG Energy) led to the first renewable energy island in the Mediterranean Sea and included the integration of a number of advanced technologies such as batteries and demand side management tools. Professor Chalvatzis' research tested new methods for population engagement with energy infrastructure design and implementation, put forward industry-leading, profitable business models for complex energy technologies and changed the regulatory framework for energy in Greece. 

Konstantinos has also contributed, as Co-I, to the Aurora Alliance (an EU Funded partnership of European Universities aiming to jointly advance their curriculums sustainability training, societal impact and community engagement). He has also been Co-I with the Leverhulme Doctoral Scholars programme on the Critical Decade for Climate Change.

Professor Chalvatzis has led numerous smaller grants funded by UKRI, The British Council and industry sources.

Research networks

Member of the Tyndall Centre for Climate Change Research.

Member of the Centre for Competition Policy.

Advisory Member of the Norwich Institute for Sustainable Development.

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Journal articles

Chrysochoou A, Zissis D, Chalvatzis K, Andriosopoulos K (2024). Spillovers of underground gas storage facilities and their role in the sustainable energy markets: assessment and policy recommendations. BENCHMARKING-AN INTERNATIONAL JOURNAL, 31(2), 391-409.  Author URL.
Botelho T, Mason C, Chalvatzis K (2023). 50 Shades of Green-Angel Investing in Green Businesses. IEEE TRANSACTIONS ON ENGINEERING MANAGEMENT, 70(3), 950-962.  Author URL.
Vafadarnikjoo A, Chalvatzis K, Botelho T, Bamford D (2023). A stratified decision-making model for long-term planning: Application in flood risk management in Scotland. OMEGA-INTERNATIONAL JOURNAL OF MANAGEMENT SCIENCE, 116  Author URL.
Vafadarnikjoo A, Ahmadi HB, Liou JJH, Botelho T, Chalvatzis K (2023). Analyzing blockchain adoption barriers in manufacturing supply chains by the neutrosophic analytic hierarchy process. ANNALS OF OPERATIONS RESEARCH, 327(1), 129-156.  Author URL.
Vafadarnikjoo A, Tavana M, Chalvatzis K, Botelho T (2022). A socio-economic and environmental vulnerability assessment model with causal relationships in electric power supply chains. SOCIO-ECONOMIC PLANNING SCIENCES, 80  Author URL.
Spyropoulos GC, Nastos PT, Moustris KP, Chalvatzis KJ (2022). Transportation and Air Quality Perspectives and Projections in a Mediterranean Country, the Case of Greece. LAND, 11(2).  Author URL.
Ioannidis A, Chalvatzis KJ, Leonidou LC, Feng Z (2021). Applying the reduce, reuse, and recycle principle in the hospitality sector: its antecedents and performance implications. BUSINESS STRATEGY AND THE ENVIRONMENT, 30(7), 3394-3410.  Author URL.
Chalvatzis K, Ormosi PL (2021). The carbon impact of flying to economics conferences: is flying more associated with more citations?. JOURNAL OF SUSTAINABLE TOURISM, 29(1), 40-67.  Author URL.
Kallis G, Stephanides P, Bailey E, Devine-Wright P, Chalvatzis K, Bailey I (2021). The challenges of engaging island communities: Lessons on renewable energy from a review of 17 case studies. Energy Research and Social Science, 81 Abstract.
Vafadarnikjoo A, Tavana M, Botelho T, Chalvatzis K (2020). A neutrosophic enhanced best-worst method for considering decision-makers' confidence in the best and worst criteria. ANNALS OF OPERATIONS RESEARCH, 289(2), 391-418.  Author URL.
Mendoza-Tinoco D, Hu Y, Zeng Z, Chalvatzis KJ, Zhang N, Steenge AE, Guan D (2020). Flood Footprint Assessment: a Multiregional Case of 2009 Central European Floods. Risk Anal, 40(8), 1612-1631. Abstract.  Author URL.
Pitelis A, Vasilakos N, Chalvatzis K (2020). Fostering innovation in renewable energy technologies: Choice of policy instruments and effectiveness. RENEWABLE ENERGY, 151, 1163-1172.  Author URL.
Stamolampros P, Korfiatis N, Chalvatzis K, Buhalis D (2020). Harnessing the "wisdom of employees" from online reviews. ANNALS OF TOURISM RESEARCH, 80  Author URL.
Apostolopoulos N, Chalvatzis KJ, Liargovas PG, Newbery R, Rokou E (2020). The role of the expert knowledge broker in rural development: Renewable energy funding decisions in Greece. JOURNAL OF RURAL STUDIES, 78, 96-106.  Author URL.
Malekpoor H, Chalvatzis K, Mishra N, Ramudhin A (2019). A hybrid approach of VIKOR and bi-objective integer linear programming for electrification planning in a disaster relief camp. ANNALS OF OPERATIONS RESEARCH, 283(1-2), 443-469.  Author URL.
Pitelis AT, Vasilakos N, Chalvatzis K, Pitelis CN (2019). Can industrial policy foster innovation in renewable energy technologies in the OECD and in EU regions?. CAMBRIDGE JOURNAL OF REGIONS ECONOMY AND SOCIETY, 12(2), 271-292.  Author URL.
Stamolampros P, Korfiatis N, Chalvatzis K, Buhalis D (2019). Job satisfaction and employee turnover determinants in high contact services: Insights from Employees'Online reviews. TOURISM MANAGEMENT, 75, 130-147.  Author URL.
Chalvatzis KJ, Malekpoor H, Mishra N, Lettice F, Choudhary S (2019). Sustainable resource allocation for power generation: the role of big data in enabling interindustry architectural innovation. TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE, 144, 381-393.  Author URL.
Ioannidis A, Chalvatzis KJ, Li X, Notton G, Stephanides P (2019). The case for islands' energy vulnerability: Electricity supply diversity in 44 global islands. RENEWABLE ENERGY, 143, 440-452.  Author URL.
Symitsi E, Chalvatzis KJ (2019). The economic value of Bitcoin: a portfolio analysis of currencies, gold, oil and stocks. RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE, 48, 97-110.  Author URL.
Vafadarnikjoo A, Mishra N, Govindan K, Chalvatzis K (2018). Assessment of consumers' motivations to purchase a remanufactured product by applying Fuzzy Delphi method and single valued neutrosophic sets. JOURNAL OF CLEANER PRODUCTION, 196, 230-244.  Author URL.
Rutter R, Chalvatzis KJ, Roper S, Lettice F (2018). Branding Instead of Product Innovation: a Study on the Brand Personalities of the UK's Electricity Market. EUROPEAN MANAGEMENT REVIEW, 15(2), 255-272.  Author URL.
Li X, Chalvatzis KJ, Stephanides P (2018). Innovative Energy Islands: Life-Cycle Cost-Benefit Analysis for Battery Energy Storage. SUSTAINABILITY, 10(10).  Author URL.
Hills JM, Michalena E, Chalvatzis KJ (2018). Innovative technology in the Pacific: Building resilience for vulnerable communities. TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE, 129, 16-26.  Author URL.
Li X, Chalvatzis KJ, Pappas D (2018). Life cycle greenhouse gas emissions from power generation in China's provinces in 2020. APPLIED ENERGY, 223, 93-102.  Author URL.
Symitsi E, Chalvatzis KJ (2018). Return, volatility and shock spillovers of Bitcoin with energy and technology companies. ECONOMICS LETTERS, 170, 127-130.  Author URL.
Pothitou M, Hanna RF, Chalvatzis KJ (2017). ICT entertainment appliances' impact on domestic electricity consumption. RENEWABLE & SUSTAINABLE ENERGY REVIEWS, 69, 843-853.  Author URL.
Hofmann J, Guan D, Chalvatzis K, Huo H (2016). Assessment of electrical vehicles as a successful driver for reducing CO<sub>2</sub> emissions in China. APPLIED ENERGY, 184, 995-1003.  Author URL.
Pothitou M, Hanna RF, Chalvatzis KJ (2016). Environmental knowledge, pro-environmental behaviour and energy savings in households: an empirical study. APPLIED ENERGY, 184, 1217-1229.  Author URL.
Zafirakis D, Chalvatzis KJ, Baiocchi G, Daskalakis G (2016). The value of arbitrage for energy storage: Evidence from European electricity markets. APPLIED ENERGY, 184, 971-986.  Author URL.
Chalvatzis KJ, Rubel K (2015). Electricity portfolio innovation for energy security: the case of carbon constrained China. TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE, 100, 267-276.  Author URL.
Zafirakis D, Chalvatzis KJ, Baiocchi G (2015). Embodied CO<sub>2</sub> emissions and cross-border electricity trade in Europe: Rebalancing burden sharing with energy storage. APPLIED ENERGY, 143, 283-300.  Author URL.
Zafirakis D, Chalvatzis KJ (2014). Wind energy and natural gas-based energy storage to promote energy security and lower emissions in island regions. FUEL, 115, 203-219.  Author URL.
Zafirakis D, Chalvatzis KJ, Baiocchi G, Daskalakis G (2013). Modeling of financial incentives for investments in energy storage systems that promote the large-scale integration of wind energy. APPLIED ENERGY, 105, 138-154.  Author URL.
Chalvatzis KJ (2009). Electricity generation development of Eastern Europe: a carbon technology management case study for Poland. RENEWABLE & SUSTAINABLE ENERGY REVIEWS, 13(6-7), 1606-1612.  Author URL.
Chalvatzis KJ, Hooper E (2009). Energy security vs. climate change: Theoretical framework development and experience in selected EU electricity markets. RENEWABLE & SUSTAINABLE ENERGY REVIEWS, 13(9), 2703-2709.  Author URL.
Kaldellis JK, Chalvatzis KJ, Spyropoulos GC (2007). Transboundary air pollution balance in the new integrated European environment. ENVIRONMENTAL SCIENCE & POLICY, 10(7-8), 725-733.  Author URL.
Kaldellis JK, Spyropoulos GC, Chalvatzis KJ, Paliatsos AG (2006). Minimum SO<sub>2</sub> electricity sector production using the most environmental friendly power stations in Greece. FRESENIUS ENVIRONMENTAL BULLETIN, 15(11), 1394-1399.  Author URL.


Tzanes G, Zafeiraki E, Papapostolou C, Zafirakis D, Konstantinos M, Kavadias K, Chalvatzis K, Kaldellis JK (2019). Assessing the Status of Electricity Generation in the Non-Interconnected Islands of the Aegean Sea Region.  Author URL.
Li X, Chalvatzis KJ, Stephanides P, Papapostolou C, Kondyli E, Kaldellis K, Zafirakis D (2019). Bringing innovation to market: business models for battery storage.  Author URL.
Stephanides P, Chalvatzis KJ, Li X, Mantzaris N, Prodromou M, Papapostolou C, Zafirakis D (2019). Public perception of sustainable energy innovation: a case study from Tilos, Greece.  Author URL.
Stephanides P, Chalvatzis K, Li X, Mantzaris N, Prodromou M, Papapostolou C, Zafirakis D (2019). Sustainable energy solutions for the Aegean Archipelago Islands: What is the public attitude?.  Author URL.
Stephanides P, Chalvatzis KJ, Li X, Lettice F, Guan D, Ioannidis A, Zafirakis D, Papapostolou C (2019). The social perspective on island energy transitions: Evidence from the Aegean archipelago.  Author URL.
Pappas D, Chalvatzis KJ, Guan D, Ioannidis A (2018). Energy and carbon intensity: a study on the cross-country industrial shift from China to India and SE Asia.  Author URL.
Malekpoor H, Chalvatzis K, Mishra N, Mehlawat MK, Zafirakis D, Song M (2018). Integrated grey relational analysis and multi objective grey linear programming for sustainable electricity generation planning.  Author URL.
Li X, Chalvatzis KJ, Pappas D (2017). China's electricity emission intensity in 2020-an analysis at provincial level.  Author URL.
Chalvatzis KJ, Ioannidis A (2017). Energy Supply Security in Southern Europe and Ireland.  Author URL.
Ioannidis A, Chalvatzis KJ (2017). Energy Supply Sustainability for Island Nations: a Study on 8 Global Islands.  Author URL.
Pappas D, Chalvatzis KJ (2017). Energy and Industrial Growth in India: the Next Emissions Superpower?.  Author URL.
Chalvatzis KJ, Ioannidis A (2017). Energy supply security in the EU: Benchmarking diversity and dependence of primary energy.  Author URL.
Pappas D, Chalvatzis KJ, Guan D, Li X (2017). Industrial Relocation and CO<sub>2</sub> Emission Intensity: Focus on the Potential Cross-Country Shift from China to India and SE Asia.  Author URL.
Zafirakis D, Elmasides C, Sauer DU, Leuthold M, Merei G, Kaldellis JK, Vokas G, Chalvatzis KJ (2014). The multiple role of energy storage in the industrial sector: Evidence from a Greek industrial facility.  Author URL.
Spyropoulos GC, Chalvatzis KJ, Paliatsos AG, Kaldellis JK (2005). Sulphur dioxide emissions due to electricity generation in the Aegean islands: Real threat or overestimated danger?.  Author URL.

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External Engagement and Impact

Editorial responsibilities

Speciality chief editor for the journal Frontiers in Sustainable Energy Policy

External doctoral examining nationally and internationally

I have examined 10 Doctoral candidates in the University of Edinburgh, University of Glasgow, Strathclyde University, Herriot-Watt University, Cranfield University, the University of Iceland and Aarhus University (DK). I have also served as the internal examiner in for 5 vivas and the chair for 2 vivas at the University of East Anglia. 

External positions

Professor Chalvatzis holds visiting roles with the École Supérieure de Commerce de Paris (FR) and the School of Economics, Management and Statistics at the University of Bologna (IT) and has been visiting scholar with the Department of Geographical Sciences at the University of Maryland, College Park (US).

Media Coverage

I enjoy working with the media and I have provided expert analysis for the following outlets:

ITV, “Government grants consent to EDF Energy's new £20bn nuclear plant on Suffolk coast”, 20th July 2022

Financial Times, “Cleantech is one part of angel investors’ portfolio”, 9th Dec 2018

EURACTIV, “Tilos: The first Mediterranean island to go off the grid”, 7th Sep 2017

Le Monde, “Tilos, la petite île grecque pleine d’énergie”, 24th Aug 2017

La Repubblica, “Tilos, la perla del Dodecaneso andrà al 100 per cento a energia rinnovabile”, 16th Aug 2017

LonelyPlanet, “This Greek island will be the first in the Mediterranean to run solely on wind and solar power”, 23rd June 2017

The Guardian, “Tilos, Greece: the first island in the Med to run entirely on wind and solar power”, 15th Jun 2017

The Sunday Times, “Guess who'll pick up VW's bill”, 26th Sep 2015

BBC World Service, “Business Matters: VW Scandal Developments”, 26th Sep 2015

ITV, “How the East is leading the way as green energy revolution reaches a new landmark”, 25th Sep 2015

The Guardian, “VW appoints Porsche boss Mueller as new chief executive”, 25th Sep 2015

The Telegraph, “VW suspends more employees as board names Mueller as CEO”, 25th Sep 2015

Science Daily; Science Newsline, “Research Explores Future Energy Security of China”, 31st July 2015

BBC World Service, “Exploring the global impact of El Nino on weather and the Economy”, 26th May 2015

Bloomberg Business, “Fossil Fuel Subsidies Fall in Gain for Renewables”, 30th January 2015

Washington Post, “Fossil Fuel Subsidies Drop as Renewables Gain: Carbon & Climate”, 30th Jan 2015

BBC News, “UEA climate expert calls for more renewable energy use”, 14th April 2014

Science Media Centre, “Expert reaction to IPCC AR5 WG3”, 13th April 2014.

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I have organised and taught modules on various aspects of corporate sustainability, environmental and energy regulation for UG, PG and MBA cohorts.

Most extensively I have organised and delivered executive education training on multilateral negotiations, energy markets, energy regulation, energy and emissions accounting and corporate strategy for net zero for a range of business schools across Europe.

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Office Hours:

Please write to Lorraine Devlin who has oversight of my calendar.

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