Subsidies to renewable energy are costly and contentious. We estimate the reduction in prices that follows from the … subsidized entry of wind power in the Nordic electricity market. A relatively small-scale entry of renewables leads to a large … the total electricity market expenditures. The subsidies generate net gains to consumers. We develop an approach to …

Prosumers are households that are both producers and consumers of electricity. A prosumer has a grid …-connected decentralized production unit (DPU) and makes two types of exchanges with the grid: energy imports when the local production is … insufficient to match the local consumption and energy exports when local production exceeds it. There exists two systems to …

energy sources for electricity production (RES-E). If an emission cap is the only policy target, an optimal mix consisting of … high and low carbon use of fossil fuels, deployment of RES-E, and energy savings can best be achieved by either setting a …

energy sources for electricity production (RES-E). If an emission cap is the only policy target, an optimal mix consisting of … high and low carbon use of fossil fuels, deployment of RES-E, and energy savings can best be achieved by either setting a …

time. In the context of electricity markets, I show how the auction structure and bidding data can be used to estimate …

, however, be observed across countries and sectors. We focus on electricity and gas sectors because energy sectors have usually …

development, characterized by the role of fossil fuels and by the progressive dominance of those with a higher energy and density … countries, compatible with the sustainability of the processes concerning the Earth system. Mainly by focusing on the energy …

of the electricity market in the U.S. as our case study, we find support for our theoretical predictions. Furthermore, we …