Highly volatile electricity prices are becoming a more frequent and unwanted characteristic of modern electricity wholesale markets. But low demand elasticity, mainly the result of a lack of incentives and consumers’ inability to control demand, means that consumer behaviour is not reflected...

Electric power in OECD countries is mostly produced by large central generating stations, then transmitted along high voltage lines to local distribution systems that carry it to final consumers. Distributed generation plants are different. They produce power on an electricity consumer’s own...

CO2 emissions after reallocation of emissions from electricity and heat generation to consuming sectors. This data file includes four dimensions of “flow”, “allocation”, “time” and “country”.

CO2 emissions after reallocation of emissions from electricity and heat generation to consuming sectors. This data file includes four dimensions of “flow”, “allocation”, “time” and “country”.

Economic textbooks predict that taxes and emission trading systems are the cheapest way for societies to reduce emissions of CO2. This book shows that this is also the case in the real world. It estimates the costs to society of reducing CO2 emissions in 15 countries using a broad range of...

This study assesses the competitiveness of nuclear power against coal- and gas-fired power generation in liberalised electricity markets with either CO2 trading or carbon taxes. It uses daily price data for electricity, gas, coal and carbon from 2005 to 2010, which encompasses the first years of...

Feed-in tariffs (FITs) are prevalent support policies for scaling up renewable electricity capacity. They are market-based economic instruments, which typically offer long-term contracts that guarantee a price to be paid to a producer of a pre-determined source of electricity per kWh fed into...