The continuing increase in global greenhouse gas emissions and the likelihood that targets to limit the temperature increase to 1.5o above the level seen at the start of the industrial revolution will be missed has resulted in a growing focus on the development of all forms of carbon-free...

The impact of the Russia-Ukraine war on the natural gas trade, inter alia, continues to be felt well beyond Europe’s borders. As the accelerated decarbonisation of the world’s economies is being pushed forward, Europe’s unexpected interest in alternative sources of gas imports to replace...

Decentralized systems seeking to balance electricity supply and demand regionally are increasingly being discussed. Regional flexibility concepts, however, require spatially and temporally highly resolved knowledge. To provide this, we investigate the 2030 demand, supply, and demand-side...

It is expected that the renewable share of energy generation will rise considerably in the near future. The intermittent and uncertain nature of renewable energy (RE) calls for storage and grid management technologies that can allow for increased power system flexibility. To assist policy makers...

Electric power systems consist of large numbers of heterogeneous participants interacting within an intricate layered network of economic and operational relationships. Decision-making in these systems has been extensively decentralized in many industrialized countries over the past twenty years...

Part I Smart Grid Economics -- Chapter 1 Economics of Smart Grid: Smart Grid, Time-dependent Pricing (Dynamic Pricing), Demand Response -- Part II Field Experimental Economics -- Chapter 2 Economics of Field Experiment: History of Field Experiment, especially in Energy and Environmental...