of the electricity market in the US as our case study, we find support for our theoretical predictions. Furthermore, we … investigate the impact this change in procurement contracts has on efficiency. Focusing on coal mines, we find that those selling … coal to plants in restructured markets are significantly more productive than their counterparts working with regulated …

We investigate the displacement effects of phase-out-of-coal policies in a stylized model of electricity generation and … electricity, some emissions as well as some coal-based electricity "leak" into other countries and the aggregate welfare of the … generate electricity from coal. When electricity is traded, that combined policy prevents the leakage of emissions and coal …

accrue to electricity generators. Using natural gas prices as a proxy for generators’ surplus, we find railroads charge …, distributional effects have been more difficult to assess. In the electricity sector, deregulation has vastly increased information … railroads that transport coal from mines to power plants, use this information to capture economic rents that would otherwise …

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 …

We analyze the demand and supply characteristics of the Indian telecommunications market, in order to assess the … potential effectiveness of universal access policies in developing countries. We provide some empirical evidence on the supply … and demand characteristics, using a small time-series-cross-section dataset on Indian States. We suggest that the price …

degree of cross-commodity and cross-market interaction allowed. We further find that coal prices are negatively and gas …We estimate the relationship between electricity, fuel and carbon prices in Germany, France, the Netherlands, the Nord … increasing interaction between electricity and input prices on the one hand, and between electricity markets on the other. The …

(particularly for baseload prices). Among energy sources, natural gas has the largest effect on electricity prices. Importantly, the …We analyse the drivers of European Power Exchange (EPEX) retail electricity prices between 2012 and early 2022 using … effects are key in retail electricity markets. Out-of-sample prediction errors using machine learning are (slightly) lower …

When natural gas prices are subject to periodic decoupling from oil prices, for instance due to peak-load pricing … address these issues. Our regime switching model uses price data to infer whether pricing is oil-driven (integrated) or gas …-specific (decoupled). We find that UK natural gas (ICE) and oil (Brent) are cointegrated for the majority of the sample considered (1997 …