Most electricity systems face contractual fixed consumer prices in the short term, that is, load and price are fixed before the random supply of renewables like wind or solar realizes. Steam power plants also make production decisions before such a random supply realizes. These capacities cannot...

Domestic strategies for the Swiss energy system are likely to be affected by a range of uncertain global challenges, such as natural resource availability and depletion, international climate change policies, and global technology policies. We analyze technological choices for Switzerland under...

The unreliability of electricity supplies is a major cause of the high cost of manufacturing in developing countries. In this paper, we are able to measure the cost imposed by power outages and suggest some feasible mitigating measures. The study employs a rich, if not unique, set of data from...

This research investigates the interrelationship between the main macroeconomic indicators of an oil exporting country and world oil prices using a vector autoregressive (VAR) approach. We focus on an economy, which is a non-OPEC oil exporter and its oil revenues account for a significant...

This paper provides an overview of Bangladesh's green financing status, with a particular focus on the renewable energy (RE) sector. Despite having great potential of renewable energy sources, the sector currently consists of a meager 1% share of the energy portfolio. The poor performance of the...

Die ausreichende und beständige Verfügbarkeit von Energie ist für hoch entwickelte Industrieländer eine unabdingbare Voraussetzung für ihre wirtschaftliche Entwicklung. Das gilt für alle Bereiche einer modernen Volkswirtschaft, angefangen vom Produktionssektor über den Transport- und den...

The regulated price mechanism in China’s power industry has attracted much criticism because of its incapability to optimize the allocation of resources. To build an “open, orderly, competitive and complete” power market system, the Chinese government launched an unprecedented...

The Chinese leadership has determined to assign the market a decisive role in allocating resources. To have the market to play that role, getting the energy prices right is crucial because this sends clear signals to both producers and consumers of energy. While the overall trend of China’s...

In June 2018, an agreement between key EU institutions – the Commission, the European Parliament, and the European Council – was reached after a long-lasting discourse over the 2030 EU climate and energy policy package. This paper offers a comprehensive assessment of the EU package, with its...

In this paper, we use data from a new household-level panel survey to estimate short- and long-run price elasticities of residential electricity demand in Switzerland. We exploit Switzerland's unique local variation in topography-related grid maintenance costs and electricity taxation, to...