Legacy electricity retail tariffs are ill-adapted to future electricity systems and markets, particularly with regard to accommodating the multi-faceted shift toward decarbonisation. We examine how retail tariffs need to be reformed to not only meet the future revenue requirements of...

In light of concerns over the environmental impact of Special Economic Zones located in developing countries, where environmental regulation is weak, we analyse the electricity intensity of firms in SEZs. We use firm level data from Africa and Asia, and we find that SEZ firms have higher...

We employ residual income as performance measure in a regulatory context utilizing the relative replacement cost rule (Rogerson, 2008, 2011). We find, in line with Rogerson (2008, 2011), that overall welfare is maximized if the regulator is aware of the data required to parameterize the model....

In this paper we address the problem of policy coordination in the electricity sector when the supply side is subject to a carbon constraint. We specifically evaluate the link between retail electricity pricing and GHG emissions reduction. Moreover, we incorporate in the analysis both the...

Companies are increasingly choosing to procure their power from renewable energy sources, with their own set of potential challenges. In this paper we focus on contracts to procure electricity from renewable sources that are inherently unreliable (such as wind and solar). We determine the...