Brazil's energy sector has undergone rapid changes over the last several years. A growing economy and increasing power demand has spurred a complete restructuring of the wholesale power market and government privatization, adding uncertainty to the market. After a severe crisis, Lula’s...

The debate over a common European energy policy, its necessity and its establishment has been going on for a number of decades. The discussions have been recently brought back into the spotlight by the evolution of energy market fundamentals and the taking into account of environmental...

This paper aims to compare how two countries are facing the challenges of energy security of supply. Mexico, a member of NAFTA and a neighbour of the United States, has oil resources and is thinking how to answer to the increasing energy demand. France, one of the 27 member states of the...

The purpose of this study is to use real options theory to answer the following question: Is it necessary, in France, to invest in new nuclear power units or should some of the existing units be decommissioned? The theoretical model developed establishes two price thresholds which determine...

The liberalization of electricity and gas markets clashes against the French economic culture that relies on the state and public monopolies to supply many public services. This explains the resistance against the market opening imposed by EU directives. Nevertheless, the liberalization has had...

Our paper aims at assessing the efficiency of the European coordination in the field of electricity. For that purpose, we develop various indices allowing a comparison of the European countries as regards the adequacy of their performances with main European goals in terms of energy policy...

This paper analyses the potential of biomass-based electricity in the EU-27 countries, and interactions with climate policy and the EU ETS. We estimate the potential biomass demand from the existing power plants, and we match our estimates with the potential biomass supply in Europe....