Since the deregulation of electricity markets in the 1990s, U.S. power grids have witnessed the creation of an increasingly diverse suite of financial instruments designed to mitigate risks caused by underlying generation and consumption patterns. However, the nature of risks is shifting rapidly...

Unreliable electricity supply in developing countries is a persistent problem with significant adverse consequences for economic growth. This paper uses a novel database on utilities, which provides systematic data on reliability, and links it to available data on country-level institutions to...

Dynamic social norms have been recognized as a promising approach to promote energy sufficiency. By highlighting trends and future shifts rather than current states, dynamic norms allow for a better focus on emerging norms that are not widely adopted. While existing studies predominantly examine...

Kenya has one of the fastest electrification rates in Sub-Saharan Africa. Despite the increase in electrification rates, rural and underserved regions remain a critical challenge requiring a cost-effective strategy that maximises the use of stand-alone and off-grid solutions. This paper uses the...

Feed-in tariffs (FiTs) have been instrumental in expanding renewable electricity generation but can distort investment by insulating producers from market price volatility. This paper develops a twostage model of electricity markets with stochastic demand and supply shocks, showing that a higher...

Using k-means clustering, we analyse two years of hourly electricity consumption data from approximately 4,000 households, based on specific consumption features. We identify three distinct clusters with clearly differentiated consumption levels and daily load profiles. A multinomial logit model...

China's pursuit of carbon neutrality will entail a transformation of its power generation portfolio through extensive investment in renewable energy, underscoring the need for expanding planning and operating reserves to maintain power system reliability. However, efficient reserve management is...

The Value of Lost Load (VoLL) is a key metric in electricity system planning and market design, informing reliability assessments, scarcity pricing, and capacity remuneration mechanisms. This study conducts a comprehensive review of VoLL estimation methods and identifies the most appropriate...

The lithium battery energy storage system (ESS) faces problems such as market price fluctuation and uncertainty of frequency modulation (FM) signals when participating in power market. Day-ahead bidding behavior bears revenue risk and real-time bidding behavior needs to adjust. It is necessary...

The magnitude and scope of the application of artificial intelligence (AI) and information-based computing methods to green and sustainable power generation systems have been significantly expanded to include research, initial development, implementation, and deployment. Over the past five...

Chronic electricity shortages constrain growth and welfare in many developing countries, where load shedding rations demand. Intermittent renewables can ease shortages, but their effects depend on how infeed timing aligns with scarcity. Using high-frequency data from South Africa and an...

India has achieved near-universal electrification, yet large inequalities persist in the reliability of the electricity supply. Combining high-resolution satellite-based measures of electricity reliability - defined as the share of nights with detectable illumination - with village-level census...

The transition from traditional labor intensive to modern capital intensive production is a key factor for industrial development. Using half a million observations from Indian manufacturing plants, I analyze the effects of a secular decrease in industrial electricity prices through the lens of...

A rapid transition from combustion engines to electric vehicles is essential for climate protection in road transport. This report highlights current trends in electric mobility in Germany based on data from the Open Energy Tracker platform. Although new registrations of electric passenger cars...

The EU Emissions Trading System (EU ETS) leads to higher electricity prices and thus higher costs for electricity-intensive industries in the EU, reducing their competitiveness compared to those in non-EU countries. This disparity may result in carbon leakage, where production shifts abroad,...

I estimate the cross-border effects of Swedish nuclear outages using hourly data on day-ahead prices, generation, and consumption across 15 bidding zones in Northern Europe from 2021 to 2024. I exploit unplanned outages as exogenous variation in nuclear supply and find that a 1 GW reduction in...

Locational marginal pricing (LMP) provides efficient locational dispatch and investment signals but requires a complementary congestion hedging instrument to function effectively. This paper investigates how exposure to locational price differences is managed in North American nodal electricity...

The promise of Artificial Intelligence (AI) in residential energy is consumer empowerment, yet without appropriate governance the emerging reality may be its opposite. As households become data producers, behavioural subjects, and operational assets within intelligent electricity networks, a...

Power flow tracing (PFT) methods algorithmically reconstruct how electricity generators supply specific loads and contribute to network losses, enabling physically grounded attribution of electricity flows across a grid. Despite nearly three decades of research, the field lacks a unified...

In deregulated electricity markets, Generation Companies (GENCOs) are exposed to substantial financial risk due to volatile and uncertain electricity prices. Traditional generation asset valuation approaches, which rely primarily on expected profit, fail to adequately capture downside risk under...

In this paper, we investigate how an automated home energy management system (AHEMS), operated through a new app can help consumers optimize their decisions. Optimizing self-consumption is a complex task for prosumers, i.e., households that produce, consume, and sell electricity to the grid,...

The EU Emissions Trading System (EU ETS) leads to higher electricity prices and thus higher costs for electricity-intensive industries in the EU, reducing their competitiveness compared to those in non-EU countries. This disparity may result in carbon leakage, where production shifts abroad,...

We estimate the economic consequences of electricity blackout scenarios on the automotive industry and the Slovak economy. Our estimates of inoperability of the automotive sector range from 2.9 % to 4.2 % across regions on the first day of the blackout, while the overall inoperability of the...

With the liberalization of the electricity markets in 1998, Germany opted for a single, nationwide wholesale price. Regional differences in supply and demand are not taken into account. In the event of grid congestion, electricity generators are paid to adjust their output. This leads to rising...

We conduct a data-based policy evaluation of the first large-scale, EU-wide excess profit tax, implemented during the 2022 European energy crisis to tax the windfall profits of inframarginal electricity producers. In particular, we evaluate the inherent trade-off of excess profit taxation: the...

This report benchmarks the costs of transitioning to electric bus (e-bus) fleets in Latin America and the Caribbean (LAC), drawing on data from 13 countries and 21 cities covering the period 2021–2025. It examines the full cost structure of e-bus deployment, including vehicle acquisition,...

In European day-ahead electricity markets, carbon allowance costs passed through by marginal fossil plants raise consumer expenditure and generate inframarginal rents for non-emitting generators. We propose a settlement modification: when the zonal day-ahead price exceeds a threshold,...

This report investigates relationships between the water and electricity sectors, emphasizing their shared challenges in the context of climate change and urbanization. As both sectors are crucial for modern society, their evolution towards sustainability is increasingly vital. The report begins...

Der Beitrag analysiert aus energiewirtschaftlicher Perspektive, wie Strommärkte in Deutschland und Europa während und nach einem großflächigen Blackout organisiert werden. Ausgangspunkt ist der europäische Network Code on Emergency and Restoration sowie die von der Bundesnetzagentur...