Current Projects
In this research paper, Ewa Lazarczyk conducts an empirical investigation of market participants’ reactions to news about sudden production and transmission failures on the electricity grid - so-calle…
By estimating how wind power and other weather-dependent electricity production affect the costs of maintaining the reliability of the electricity supply, it is possible to calculate where in the elec…
Europe's electricity markets set prices based on electricity areas. As a result, the price is set differently on the spot market compared to when it is delivered. Such differences can give rise to arb…
Flexible micro-resources such as boilers and rechargeable electric vehicles can be used to increase the reliability of the electricity supply. This project aims to analyze markets for such flexible mi…
It is well-known that men and women differ in their views regarding the severity of climate change. Based on unique survey data from the Swedish Environmental Protection Agency, Niklas Elert and Erik…
The electricity markets are becoming increasingly integrated. The price of electricity is therefore increasingly due to limitations in the electricity grid and transmission costs. In this research rep…
European wholesale electricity markets apply zonal pricing. As a consequence, the price is determined in a certain way at the day-ahead market and a different way at the real-time market, which genera…
Thomas Tangerås and Frank A.Wolak show that a common regulatory mandate in electricity markets that use location-based pricing can increase the performance of imperfectly competitive wholesale electri…
This research paper analyzes necessary reforms to achieve the objectives of environmentally sustainable, reliable, and cost-efficient electricity supply. Two conclusions are that prices to a larger ex…
This project aims to compare how different markets in Europe and the US allocate production capacity and handle bottlenecks. The question is whether it is possible to improve energy supply by changing…
Mario Blázquez de Paz analyzes the effects of investments in transmission and production capacity on consumer welfare and suppliers’ profits. In the specific context of the model, consumer welfare is…