Energy Systems Integration (ESI) is an emerging paradigm and at the centre of the EU energy debate. ESI takes a holistic view of the electricity, gas and heat sectors to deliver a clean, reliable and affordable energy system. By identifying and exploiting the synergies within and between the...

This study investigates the volatility connectedness between the Irish and Great Britain electricity markets and how it is driven by changes in energy policy, institutional structures and political ideologies. We assess various aspects of this volatility connectedness including static...

We show how policies to trigger clean technologies change price competition and market structure. We present evidence from electricity markets, where regulators have implemented different policies to subsidize clean energy. Building on a multi-unit auction model, we show that currently applied...

Buildings Energy Certification System (SCE) was implemented in Portugal through the publication of the Decree-Law 78/2006 and due to the adjustment of national legislation imposed by EPBD 2002. Thus, since January 1, 2009 all residential and service buildings, new, refurbished or existing must...

The article highlights the main trends in the development of world energy. The method of forecasting energy consumption is presented, taking into account the level and dynamics of energy consumption in general, as well as the use of individual energy resources with differentiation by countries...

This paper briefly introduces the characteristics of Distributed Combined Cooling, Heating and Power (CCHP) System, and indicates that the off-design conditions are the root cause of the performance reduction of system. An active regulation method based on system performance improvement is...

District heating plays an important role in many countries with cold climates. District heating are local systems and in most cases, they organized as natural monopoly markets. This article examines the three variants for the formation of prices for household consumers on monopoly district...

To combat energy shortage, RIES has become an important research direction in the international energy field. In order to improve energy efficiency and the large-scale consumption of renewable energy, this paper presents the key technologies of RIES, which consists of the coupling relationship,...

In order to meet global emissions targets, Renewable Energy Sources (RES) will have to be exploited. The subsequent decentralisation of the electrical grid, caused in large parts by residential rooftop Photovoltaic (PV) systems, in turn presents a challenge to existing infrastructure, markets,...

This paper examines the tail dependence between energy and housing markets in the United States by using cross-quantilogram approach. Our main finding shows a housing returns are dependent on the oil returns in a large part of the return distribution, and that the housing returns are more likely...

The German government aims at a climate-neutral building stock by 2050 to reach the goals defined in the Climate Action Plan 2050. Increasing the energy efficiency of existing buildings is therefore a high priority. For this purpose, investments of private homeowners will play a major role since...

Last couple of decades witnessed recognition of energy markets as investment commodities which led interest of the international investment community. We investigate the potential of globally diverse alternative energy markets for optimal returns by analysing their correlation pattern. Our study...

This paper evaluates alternative indicators of global economic activity and other market fundamentals in terms of their usefulness for forecasting real oil prices and global petroleum consumption. We find that world industrial production is one of the most useful indicators that has been...

This paper provides an overview of the energy transition in Asia. It sets out the underlying drivers and how these set energy transition priorities in China, India, and South East Asia. It particularly describes the role of (liquefied) natural gas in the growing energy demand and changing energy...

This issue brings together a collection of papers that provide economic insights into the modern energy market, which is still dominated by crude oil but has expanded to incorporate new energy sources in the form of coal, natural gas, and a mixture of renewable energy sources. Given the...

The long-run development of power markets will be deeply affected by the gradual substitution of fossil fuel-based generation technologies by renewable energy technologies (RES). However, the intermittent supply of RES, in combination with the temporal non-homogeneity of electricity demand,...

In 2017, the Swiss electorate voted to transition the Swiss energy system towards energy efficiency and renewable energy resources. This transition entails many changes to the existing energy technologies and the supporting markets. In particular, this paper focuses on the Swiss electricity...

East Asia remained the biggest market for liquefied natural gas (LNG) in 2018. The Russian Federation has a clear vision to develop its East Asia LNG projects to provide a bigger share of Asian LNG imports. This paper models Russian Federation - East Asia L NG trade patterns via the gravity...

By interlinking power systems, significant welfare gains can be achieved. However, different approaches for coupling electricity markets exist. A recent development in this field is the implementation of flow-based market coupling (FBMC) in Central Western Europe (CWE). Indeed, FBMC has proven...

Asia remained the largest market for energy sources in 2018. The Russian Federation has a clear vision to develop its Asian energy projects in order to provide a greater share of Asian energy imports. This paper models Russian Federation-Asia and the Pacific energy trade patterns via the gravity...

Increased renewable generation worldwide is posing new challenges for power system planners. The location, as well as the level and operation, of each generation resource is increasingly important. This work presents a constrained Generation Expansion Planning (GEP) optimization model. One of...

The main drivers of transformation processes of electricity markets stem from climate policies and changing economic environments. In order to analyse the respective developments, modelling approaches regularly rely on multiple structural and parametric simplifications. For example,...

Due to the call for further integration of European markets and the targeted climate goals, both European electricity systems and markets have undergone continuous changes over the last few decades. As part of these developments, the so-called Flow-Based Market Coupling (FBMC) superseded the...