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A Comparison Between Shale Gas in China and Unconventional Fuel Development in the United States: Health, Water and Environmental Risks

Farah, Paolo D.; Tremolada, Riccardo - Fondazione ENI Enrico Mattei (FEEM) - 2013

of water pollution deriving from mismanaged drilling and fracturing, absence of adequate regulation framework and … industry standards, entailing consequences on social stability and environmental degradation. …

Persistent link: https://www.econbiz.de/10010732280

Consumers’ Attitudes on Services of General Interest in the EU: Accessibility, Price and Quality 2000-2004

Fiorio, Carlo; Florio, M.; Salini, S.; Ferrari, P. - Fondazione ENI Enrico Mattei (FEEM) - 2007

by the utilities after two decades of reforms? We focus on electricity, gas, water, telephone in the EU 15 Member States …

Persistent link: https://www.econbiz.de/10005423199

European Natural Gas Seasonal Effects on Futures Hedging

Martínez, Beatriz; Torró, Hipòlit - Fondazione ENI Enrico Mattei (FEEM) - 2015

This paper is the first to discuss the design of futures hedging strategies in European natural gas markets (NBP, TTF and Zeebrugge). A common feature of energy prices is that conditional mean and volatility are driven by seasonal trends due to weather, demand, and storage level seasonalities....

Persistent link: https://www.econbiz.de/10011268587

Concession Length and Investment Timing Flexibility

Moretto, Michele; Alpaos, Chiara D.; Dosi, Cesare - Fondazione ENI Enrico Mattei (FEEM) - 2005

When assigning a concession contract, the regulator faces the issue of setting the concession length. Another key issue is whether or not the concessionare should be allowed to set the timing of new investments. In this paper we investigate the impact of concession length and investment timing...

Persistent link: https://www.econbiz.de/10005385395

Measuring Service Quality: The Opinion of Europeans about Utilities

Ferrari, P. A.; Salini, S. - Fondazione ENI Enrico Mattei (FEEM) - 2008

This paper provides a comparative analysis of statistical methods to evaluate the consumer perception about the quality of Services of General Interest. The evaluation of the service quality perceived by users is usually based on Customer Satisfaction Survey data and an ex-post evaluation is...

Persistent link: https://www.econbiz.de/10005423197

Use of Long-term Auctions for Network Investment

McDaniel, Tanga; Neuhoff, Karsten - Fondazione ENI Enrico Mattei (FEEM) - 2003

Short-term auctions for access to entry terminals of the British gas-network appear to successfully allocate scarce resources and capture scarcity rent. Now long-term auctions are being introduced to guide future capacity expansion decisions. In our model the fraction of rights issued in the...

Persistent link: https://www.econbiz.de/10005570347

The Value of Flexibility in the Italian Water Service Sector: A Real Option Analysis

Moretto, Michele; Chiara D’Alpaos - Fondazione ENI Enrico Mattei (FEEM) - 2004

public utility, i.e. water service. We present a strategic model in which a monopolist chooses both the timing of the …

Persistent link: https://www.econbiz.de/10005570375

Comparing Price and Non-price Approaches to Urban Water Conservation

Olmstead, Sheila M.; Stavins, Robert N. - Fondazione ENI Enrico Mattei (FEEM) - 2008

Urban water conservation is typically achieved through prescriptive regulations, including the rationing of water for …-based and prescriptive approaches to water conservation, where prices have rarely been used to allocate scarce supplies. The … analysis emphasizes the emerging theoretical and empirical evidence that using prices to manage water demand is more cost …

Persistent link: https://www.econbiz.de/10004965209

A Public Finance Perspective on Climate Policy: Six Interactions That May Enhance Welfare

Siegmeier, Jan; Mattauch, Linus; Franks, Max; Klenert, David - Fondazione ENI Enrico Mattei (FEEM) - 2015

Climate change economics mostly neglects sizeable interactions of carbon pricing with other fiscal policy instruments. Conversely, public finance typically overlooks the effects of future decarbonization efforts when devising instruments for the major goals of fiscal policy. We argue that such a...

Persistent link: https://www.econbiz.de/10011268596

Time Overruns as Opportunistic Behavior in Public Procurement

Chiara D’Alpaos; Moretto, Michele; Valbonesi, Paola; … - Fondazione ENI Enrico Mattei (FEEM) - 2012

This paper considers the supplier’s strategic delivery lead time in a public procurement setting as the result of the firm’s opportunistic behaviour on the optimal investment timing. In the presence of uncertainty on construction costs, we model the supplier’s option to defer the...

Persistent link: https://www.econbiz.de/10010603773