Purpose – The purpose of this paper is to shed light on the governance choices of firms operating in the electricity distribution network operation activities. The study aims to consider both costs and benefits of different governance choices and to examine which of the activities could be...

Purpose – Under the Kyoto protocol, emissions trading was imposed upon the Nordic Nord Pool Spot market in 2005. The purpose of this paper is to identify and characterize an important side‐effect of emissions trading on electricity spot market price behavior by statistically comparing price...

This article seeks empirical evidence of how the Finnish electricity distribution companies have responded to regulatory incentives in the rate of return regulation. The effects of regulation on company behaviour were studied by a questionnaire and interview survey. After more than ten years of...

Wind energy is the second largest renewable energy source of electricity (RES-E) generation in the EU. Despite the strategic energy plans, such as the new feed-in tariff scheme and other formal rules, Finland’s installed wind power capacity (197 MW) and its share in the gross electricity...

Purpose – The purpose of this paper is to clarify the alternative future scenarios for the international biomass market until the year 2020 and identify underlying steps needed toward a vital working and sustainable biomass market for energy purposes. Design/methodology/approach – Two...

Purpose – The purpose of this paper is to establish a methodological framework to address key issues in electricity distribution network development. The paper defines subtasks in the strategy process and presents key elements in the strategy work and long‐term network planning. The results...