When domestic energy prices in developing countries fall below opportunity costs, price increases are recommended to conserve fiscal revenue and to ensure efficient use of resources. Using six case studies, the authors investigate the effect of energy price increases on the poor, inflation,...

Risk sharing instruments, which allow consumers and producers to hedge their price-risk, are additional essential elements of the electricity reorganization process presently taking place in Europe. This paper involves tin analysis of the feasibility of establishing futures markets in the...

The objective of this paper is to investigate the effects on utilisation of existing hydropower in a region of investing in significant wind-power in the region within the present network. Policy simulations are conducted using a dynamic system-wide model that is calibrated to reflect the...

Einar Hope, professor emeritus in Economics at the Norwegian School of Economics and Business Administration explains what is, in his opinion, the main challenge ahead for Energy Economists. To face the rising complexity of the issues at stake, Hope explains why researchers need "to adopt an...

In this paper, we describe the approach to, and experience of, the deregulation and liberalisation of the Norwegian electricity sector from 1991. The Norwegian electricity market was subsequently integrated with the Swedish, Finnish and Danish markets to become the Nordic electricity market: the...