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The design of wholesale electricity markets in the transition towards liberalization presents significant differences … mandatory pool with a regulated market for electricity derivatives, that allows to hedge price volatility and to mitigate market … which electricity consumers can choose whether to trade on the spot market or negotiate bilateral contracts. Results suggest …
Persistent link: https://www.econbiz.de/10010312369
The purpose of this paper is to introduce a modification of a standard four input production process where energy is used in an inefficient way due to partly unnecessary waste of energy. In this production process, R&D investment is an additional input in order to improve energy efficiency. It...
Persistent link: https://www.econbiz.de/10011608429
energy types. This paper discusses the evolution of price reforms for coal, petroleum products, natural gas and electricity …
Persistent link: https://www.econbiz.de/10010491218
We study residential demand for electricity and gas, working with nationwide household-level data that cover recent … household residential energy usage at the national level, containing the broadest geographical coverage, and with the longest … longitudinal component (up to 6 observations per dwelling). We estimate static and dynamic models of electricity and gas demand. We …
Persistent link: https://www.econbiz.de/10010279545
the situation in which the subsidized household would have invested even in the absence of the subsidy, free …
Persistent link: https://www.econbiz.de/10010398434
the redistribution effects of two major electricity policies: support schemes for renewable energy sources, and CO2 … analytical model of electricity markets, and a calibrated numerical model of the Northwestern European integrated power system …
Persistent link: https://www.econbiz.de/10010294320
This paper addresses the economic impact of the EU Emission Trading Scheme for carbon on wholesale electricity and gas … prices. Specifically, we analyse the mutual relationships between electricity, gas and carbon prices in the daily spot … influence the equilibrium price of electricity. Furthermore, we derive the dynamic pass-trough of carbon into electricity price …
Persistent link: https://www.econbiz.de/10010312547
household electricity prices. Nevertheless, we identify several sources of inefficiency in control power markets and imbalance … improve the incentives to forecast accurately. …
Persistent link: https://www.econbiz.de/10010313215
Concerns about climate change are growing, and so is the demand for information about the costs and benefits of mitigating greenhouse gas emissions. This paper seeks to estimate the benefits of climate change mitigation, as measured by the public’s willingness to pay for such policies. We...
Persistent link: https://www.econbiz.de/10011586856
, incentives, information-based approaches or standards. Further allowing for individual characteristics of the respondents, such …
Persistent link: https://www.econbiz.de/10011597547