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This paper examines the effect on Ireland's Single Electricity Market (SEM) of the UK's unilateral policy to implement a carbon price floor for electricity generation based on fossil-fuel. We simulate electricity markets and find that, subject to efficient use of the interconnectors between the...
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This report, funded by the Esmée Fairbairn Foundation and the Economic and Social Research Council (ESRC), examines the effect of UK government policies on energy use and carbon pricing. The work was undertaken by researchers from the ESRC Centre for the Microeconomic Analysis of Public Policy...
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Electric power in OECD countries is mostly produced by large central generating stations, then transmitted along high voltage lines to local distribution systems that carry it to final consumers. Distributed generation plants are different. They produce power on an electricity consumer’s own...
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Government wants both to reduce carbon emissions and to reduce 'fuel poverty'. Energy prices have risen in part because of a multitude of policies aimed at reducing emissions. There are also multiple policies aimed at ameliorating these effects. Altogether, this leads to a complex policy...
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