We start by making a brief introduction into the problematic of firms' decision on capital structure. We present a brief literature review on Capital Structure Theories. We hypothesize that firms in their choice of the level of debt are conditioned by complementary financial policy choices,...

The increasing uncertainty surrounding the electricity generating sector has implications on the forecasting accuracy and makes sensitivity analysis an essential tool for electricity power planning. The fuel price volatility and the emissions trading schemes represent major sources of...

We analyze how an increasing share of Renewable Energy Sources on Electricity generation (RES-E) affects Gross Domestic Product (GDP) and Carbon Dioxide (CO2) emissions using a 3 variable Structural Vector Autoregressive (SVAR) methodology. We used a sample of four countries with different...

In this paper we discuss the European regulation policy regarding vertical separation in communications and electricity industries. In the electricity sector the discussion concerns ownership unbundling while in communications the recent regulatory debate is about functional separation. We...

The aim of this work is to analyse the behaviour of agents in highly concentrated and strongly regulated electricity wholesale markets with rigid demand. In order to accomplish this aim, the analysis was based on the former Spanish electricity generation market, between January 1999 and June...

This paper examines the Portuguese electricity-supply-sector evolution within the EU-27 and its impact on atmospheric emissions. Using a dataset of SO2, NOx, CO2 and particulates emissions for Portuguese thermoelectricity plants between 1990 and 2008, the performed panel data model shows...