The growing importance of the electricity sector in many economies, and of energy and environmental policies, requires a detailed consideration of these sectors and policies in computable general equilibrium (CGE) models, including both technological and temporal aspects. This paper presents the...

Demand Response (DR) programs send time-based signals to electricity consumers so that they may shift or reduce their loads to better adjust to the system requirements, thus creating interesting benefits for power systems. However, the assessment of these benefits is quite challenging, since it...

Even after Fukushima, the nuclear debate is strong in many countries, with the discussion of its economics being a significant part of it. However, most of the estimates are based on a levelized-cost methodology, which presents several shortcomings, particularly when applied to liberalized...

Growing concerns about climate change and energy dependence are driving specific policies to support renewable or more efficient energy sources such as cogeneration in many regions, particularly in the production of electricity. These policies have a non-negligible cost, and therefore a careful...

Economic theory predicts that the increase of renewable electricity production should reduce the price of electricity in the short-run, which is also known as the ‘merit-order effect’. Although the merit-order effect is only one of several consequences of renewable production on the...