I estimate the level of emissions cost pass-through to hourly wholesale electricity prices in Germany, based on spot market data. I control for contemporaneous shocks to demand and supply by constructing a detailed supply curve for fossil generation, and intersecting it with residual demand for...

Legacy electricity retail tariffs are ill-adapted to future electricity systems and markets, particularly with regard to accommodating the multi-faceted shift toward decarbonisation. We examine how retail tariffs need to be reformed to not only meet the future revenue requirements of...

This paper proposes a novel index, ECI (Electricity Climate-Compatibility Index), to measure global fossil fuel electricity generation alignment with climate targets. Net anthropogenic carbon dioxide emissions (CO2) must approach zero by mid-century to stabilise the mean temperature to well...