This paper analyzes theoretically and empirically how upstream markets are affected by deregulation downstream. Deregulation tends to increase the level of uncertainty in the upstream market. Our theoretical analysis predicts that deregulated firms respond to this increase in uncertainty by...

Information and communication technology plays an important role in achieving a higher level of energy efficiency. In particular, energy efficiency can be achieved by integrating information technology into electricity networks to enable the interaction between suppliers and customers (smart...

Mots-clés de l'autrice: energy policy ; electricity markets ; market liberalization ; technology restrictions ; energy modeling ; top-down model ; bottom-up model ; soft-link coupling ; general equilibrium

While progress in reducing greenhouse gas emissions is notable in the power sector, other sectors such as transportation and often heating are lagging behind. A strategy to propagate greenhouse gas emission reductions from the power sector to other sectors is so-called "sector coupling." Against...