Competition policy is an important tool of governments to establish functioning markets, particularly in the scope of liberalizing the energy sector. An examination of horizontal divestitures in several markets suggests that in appropriate cases divestiture can enhance competition in the...

This study analyzes issues related to green, i.e. low-carbon electricity investment in Europe. While traditionally the focus of attention was on green transmission lines, it has become clear in the course of this study that even though high-voltage electricity transmission is an important...

In this paper, we provide a comprehensive multivariate cointegration analysis of three parts of the steam coal value chain — export, transport and import prices. The analysis is based on a rich dataset of international coal prices; in particular, we combine data on steam coal prices with...

This paper analyses the role of public-private partnerships (PPPs) for infrastructure development in the new EU member states and candidate countries in Central and Eastern Europe. We survey projects in transport, water, energy, and telecommunications sectors and then focus on the highway...

Recognizing the growing importance of scientific benchmarking in water distribution, we provide a comprehensive survey of the available literature. We begin with a discussion about the (limited) use of benchmarking in the regulation of UK water utilities, and then extend the analysis to...

We analyze the impact of extensive wind development in Germany for the year 2015, focusing on grid extensions and price signals. We apply the electricity generation and network model ELMOD to compare zonal, nodal, and uniform pricing approaches. In addition to a reference case of network...

This paper applies nodal pricing as an economic approach to efficient use of electricity networks utilization for the fairly large German grid. We combine a straightforward welfare maximization with the technical specificities of electricity flows on a realistically large network. The nodal...

This paper presents a model of the European natural gas supply, GASMOD, which is structured as a two-stage-game of successive natural gas exports to Europe (upstream market) and wholesale trade within Europe (downstream market) and which explicitly includes infrastructure capacities. We compare...