Governments around the world are faced with the challenge of ensuring electricity security and meeting growing electricity uses while simultaneously cutting emissions. The significant increase in renewables and electrification of end-uses plays a central role in clean energy transitions....

Market players in the energy sector transition are heterogeneous, have bounded rationality and are influenced by their own past failures, as well as imitating the successes of their competitors. However this agent heterogeneity and complex behaviour in investment choices is not taken into...

In this paper we address the problem of policy coordination in the electricity sector when the supply side is subject to a carbon constraint. We specifically evaluate the link between retail electricity pricing and GHG emissions reduction. Moreover, we incorporate in the analysis both the...

In this paper, the implications of alternative decarbonization pathways for Europe's power sector up until the year 2050 are analyzed. In specific, an electricity system optimization model is used to investigate the minimal costs of decarbonization under a stand-alone CO2 reduction target and to...

To gain institutional and technical know-how for a national carbon market, since 2013 China has experimented with eight regional carbon emission trading system (ETS) pilot programs. The prominence of these policy experiments and their unusual tradable performance standards (TPS) design have...

This study analyzes impacts on the power sector in the Middle East and North Africa region of three policies: removal of fuel subsidies, cross-border electricity trade, and reduction of carbon dioxide emissions in line with commitments under the Paris Agreement. The analysis uses a power system...