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...

The realisation of a European internal market for energy is still a work in progress. Written by leading European scholars and discussed with major energy stakeholders, this book presents a thorough analysis of the motives and methods needed to achieve a single European energy market.

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,...