The European Commission proposal on the liberalization of energy markets has been widely debated in policy, stakeholder and academic circles both for its content and the potential consequences for the structure of the EU gas and electricity markets. However, little has been said about the...

The recent policy discussion in the UK on the economic case for demand response (DR) calls for a reflection on available evidence regarding its costs and benefits. Existing studies tend to consider the size of investments and returns of certain forms of DR in isolation and do not consider...