Studies have shown that many consumers and businesses fail to invest in energy efficiency improvements despite seemingly ample financial incentives to do so - the so called energy & efficiency gap or paradox. Attempts to explain this gap often focus on searching costs, information frictions and...

In this paper we study the potential effects of Real Time Pricing (RTP) of electricity to the need of long-run capacities in the Nordic power markets. A characteristic of the Nordic power market is the large variety of production technologies of which hydro and nuclear power are capacity...

Emissions trading systems for non-renewable and Feed-In Tariffs for renewable energy sources are currently widely in use. This study investigates how renewable targets for the Nordic power market might be achieved at the lowest possible costs. The instruments investigated are Feed-In Tariffs...