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...

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...

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...

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...

Damit die Energiewende gelingt, muss die deutsche Energieinfrastruktur (Stromübertragungsnetze und Stromverteilnetze) umfassend ausgebaut werden. Es sind Investitionen von mehreren hundert Milliarden Euro nötig. Ein erheblicher Teil davon entfällt auf den Bedarf an zusätzlichem Eigenkapital....

Dynamic pricing strategy is a well-known method for utility pricing used in many parts of the world and is rapidly growing in trend due to its ability to adjust utility pricing to the utmost real-time calculations. One such method is what we call Time-of-Use (TOU), a strategy that adjusted...

Aspiring to become the "Battery of Southeast Asia," the Lao People's Democratic Republic (Lao PDR) has rapidly expanded its electricity generation capacity to export power to neighbouring countries. However, this expansion introduces several long-term risks, including over-capacity, rising...

This paper evaluates the temporary reduction in energy taxes implemented by the German government between June and September 2022. We use pricing and quantity data from the wholesale market for crude oil, gasoline, and diesel and find an average pass through of 80% to 85% of the tax cut, which...

The paper examines the price volatility, key determinants, and autoregressive distributed lag (ARDL) framework of Romania's Intraday Continuous Market (IDC) during the summer months. The stability of the ARDL-ECM coefficients is assessed using the cumulative sum (CUSUM) test. We explore the...

The rapid increase in global energy demand and the shift towards sustainable energy sources have highlighted the need for more efficient, transparent, and decentralized energy management systems. This study presents a novel blockchain-enabled marketplace designed to enhance energy trading and...

This meta-analysis synthesizes 4,521 elasticity estimates drawn from 413 studies to examine the presence of publication and endogeneity bias in the literature. We coded over 100 study-level variables to assess how electricity consumers respond to price changes. Our results show that electricity...

This study evaluates the competitiveness of renewable and dispatchable energy sources in Morocco by analyzing the levelized cost of electricity (LCOE) for various power generation technologies. The objective is to identify the most and least competitive technologies by comparing their average...

This paper introduces a novel Bayesian reverse unrestricted mixed-frequency model applied to a panel of nine European electricity markets. Our model analyzes the impact of daily fossil fuel prices and hourly renewable energy generation on hourly electricity prices, employing a hierarchical...

This paper evaluates the temporary reduction in energy taxes implemented by the German government between June and September 2022. We use pricing and quantity data from the wholesale market for crude oil, gasoline, and diesel and find an average pass through of 80% to 85% of the tax cut, which...

Electricity sectors in many developing countries are stuck in a vicious cycle of low prices, financial insolvency, and unreliable service. India’s state-owned utilities are emblematic of this problem, costing the government billions in bailouts while delivering poor electricity reliability....

With the expansion of renewable energy and evolving electricity consumption patterns, time-of-use (TOU) pricing has become a crucial mechanism for cost transmission and demand-side management. However, the effectiveness of TOU pricing in accurately reflecting system costs across different...

Despite the increasing demand for electric vehicles (EVs) and the associated charging stations, the variances in EV charging station models and diversity of energy costs have not been effectively studied to date. Therefore, this study examines the financial viability of EV charging stations in...

In the last decades, the governance of national electricity systems in Europe has experienced several shifts between market liberalization and policy intervention. However, there remains a lack of consistent evidence about impacts of electricity market governance on the performance of...