The French law "Nouvelle Organisation du Marché de l'Electricité" makes available, at a regulated price, withdrawal rights to source low-cost electricity production from nuclear plants owned by the incumbent. Downstream market retailers benefit from such a measure, up to a given amount fixed...

Pour l'auteur les drogues ne sont pas interdites mais contrôlées. Après ce constat, il explique que les organisations internationales, des représentants des Etats et des industries pharmaceutiques ont mis en place les structures économiques et juridiques de ce marché des drogues. Les...

La mondialisation illicite, celle du trafic de drogue, du blanchiment et des contrebandiers modernes, est au coeur du dernier numéro de la revue de l'Institut des hautes études de la sécurité intérieure (IHESI). On y trouve, entre autres, un texte de la spécialiste canadienne Louise...

The work comparing the French and the German industrial relations systems usually contrasts the French state interventionism with the German tradition of an autonomous partnership among strong actors. These stereotypes might however be challenged by a further comparative analysis of the business...

This paper deals with the practical problems related to long-term security of supply in electricity markets in the presence of large-scale wind power development. The success of renewable promotion schemes adds a new dimension to ensuring long-term security of supply. It necessitates designing...

We propose a joint modeling of spot electricity prices, forwards prices and other derivative prices, using recent developments in discrete time asset pricing methods based on the notions of stochastic discount factor and of compound autoregressive (or affine) stochastic processes. We show that...

This PhD thesis focuses on the impact of the European Union Emissions Trading Scheme (EU ETS) on investment decisions in the European power sector. We provide the policy background on the EU ETS and contemporary policy and economic developments. We discuss the main types of compliance buyers’...