The effectiveness of a capacity market is analyzed by simulating three conditions that may cause suboptimal investment in the electricity generation: imperfect information and uncertainty; declining demand shocks resulting in load loss; and a growing share of renewable energy sources in the...

We analyze the effectiveness of a forward capacity market (FCM) with long-term contracts in an electricity market in the presence of a growing share of renewable energy. An agent-based model is used for this analysis. Capacity markets can compensate for the deteriorating incentive to invest in...

The recent low CO2 prices in the European Union Emission Trading Scheme (EU ETS) have triggered a discussion whether the EU ETS needs to be adjusted. We study the effects of CO2 price floors and a price ceiling on the dynamic investment pathway of two interlinked electricity markets (loosely...

Karnataka has been among the most successful markets for solar lighting systems (SLS) among Indian states. In order to understand the dynamics of systems adoption and operation, that have fostered market based adoption of solar lighting, we interviewed rural households from six districts that...

Climate change is likely to affect how society will function in this century. Because climate change effects may be severe, a next step is to study not only the effects on natural systems, but also the effects on built infrastructure systems and, in response to anticipated effects, the...

Sustainability policy in the early 2000s is based on and therefore influenced by scientific literature on ‘transition’. The importance of this link has inspired the authors to explore the structure of cooperating authors and citation networks in the field. In order to understand...