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Nordisk forskarkonferens om elmarknaden

Den 9–10 juni arrangerade IFN-forskarna Thomas Tangerås och Sven-Olof Fridolfsson en nordisk forskarkonferens om elmarknaden på Vår Gård i Saltsjöbaden utanför Stockholm. Syftet var att stimulera samarbete och informationsutbyte mellan nordiska forskare, seniora såväl som doktorander, på området. Huvudanföranden hölls av Richard Green, professor vid University of Birmingham och Frank Wolak, professor vid Stanford University.

Organizing committee: Thomas Tangerås, Sven-Olof Fridolfsson and Elisabeth Gustafsson (secreteriat)

Participants

Ola Andersson, Stockholm School of Economics
Mats Bergman. Uppsala University
Niclas Damsgaard, ECON-Pöyry
Tord Eng, Swedish Energy Agency
Nils-Henrik M. von der Fehr, University of Oslo
Sara Fogelberg, IFN
Richard Friberg, Stockholm School of Economics
Sven-Olof Fridolfsson, IFN
Richard Green, University of Birmingham
Elisabeth Gustafsson, IFN
Petter Vegard Hansen, Statistics Norway
Lennart Hjalmarsson, Gothenburg University
Pär Holmberg, IFN and Uppsala University
Knut S. Hornnes, Powel
Mette Kildegaard Graversen, University of Copenhagen
Fredrik Kopp, SCA
Olli Kauppi, Helsinki School of Economics
Maria Kopsakangas-Savolainen, University of Oulu
Chloé LeCoq, Stockholm School of Economics
Gunnar Lundberg, Vattenfall
Stefan Montin, Elforsk
Mats Nilsson, Vattenfall
Adekola Oyanuga, Norwegian School of Economics
Lars Persson, IFN
Orvika Rosnes, ECON-Pöyry
Frode Skjeret, SNF, Bergen
Rune Stenbacka, Swedish School of Econ. and Business Adm., Helsinki
Pekka Sulamaa, Fingrid
Rauli Svento, University of Oulu
Thomas Tangerås, IFN
Joacim Tåg, IFN and Swedish School of Econ. and Business Adm., Helsinki
Frank A. Wolak, Stanford University


Program

--- Sunday June 8 --- 

19.30 Dinner for conference participants arriving on Sunday

--- Monday June 9 --- 

09.00

Welcome and registration

   

Session 1

Market Power in Hydropower Markets

 

Chair: Thomas Tangerås - IFN

09.15–09.55

Petter Vegard Hansen – Statistics Norway
Inflow Uncertainty in Hydropower Markets
Discussant: Mats Bergman - Uppsala University 

10.00–10.40

Olli Kauppi – Helsinki School of Economics
Market Power and Storage: Evidence from Hydro Use in the Nordic Power Market (with Matti Liski) 
Discussant: Knut S. Hornnes - Powel 

10.40–11.00

Coffee break

11.00–11.40

Niclas Damsgaard – ECON-Pöyry
Exercise of Market Power in the Nordic Power Market (with Ståle Skrede and Lasse Torgersen)
Discussant: Olli Kauppi - Helsinki School of Economics

11.45–13.15

Lunch

   
 

Keynote Address 1

 

13.15–14.15

Chair: Tord Eng - Swedish Energy Agency

Richard Green – University of Birmingham 
Electricity Wholesale Markets: Designs for a Low-Carbon Future
Discussant: Rune Stenbacka - Swedish School of Economics and Business Administration 

   

Session 2

Public Policy Issues

 

Chair: Lars Persson - IFN

14.15–15.00

Kristian Gustafsson and Mats Nilsson – Vattenfall
Transparent Methods to Support Infrastructure Investments
Discussant: Chloé LeCoq - Stockholm School of Economics

15.00–15.30

Coffee break

15.30–16.10

Orvika Rosnes - ECON-Pöyry 
Subsidies to Renewable Energy in Inflexible Power Markets
Discussant: Mette Kildegaard Graversen - University of Copenhagen

16.15–16.55

Frode Skjeret – Institute for Research in Economics and Business Administration, SNF
Active Ownership Relations in Oligopoly
Discussant: Lars Persson - IFN 

19.00 Conference dinner

--- Tuesday June 10 --- 

 

Keynote Address 2 

 

09.00–10.00

Chair: Gunnar Lundberg - Vattenfall

Frank A. Wolak – Stanford University 
Using Environmental Emissions Permit Prices to Raise Electricity Prices: Evidence from the California Electricity Market 
Discussant: Nils Henrik M. von der Fehr – University of Oslo 

10.00–10.20 Coffee break
   

Session 3

Retail Markets

 

Chair: Joacim Tåg - Swedish School of Economics and Business Administration and IFN 

10.20–11.00

Nils-Henrik M. von der Fehr – University of Oslo
Electricity Retailing in Norway (with Petter Vegard Hansen)
Discussant: Richard Friberg - Stockholm School of Economics 

11.05–11.45

Adekola Oyenuga – Norwegian School of Economics and Business Administration
Vertical Integration with an Increasing Retail Supply Function (with Derek Bunn) 
Discussant: Joacim Tåg - Swedish School of Economics and Business Administration and IFN

11.45–13.15

Lunch 

   

Session 4

Empirical Methods and Market Performance

  Chair: Lennart Hjalmarsson - Gothenburg University
 
13.15–13.55

Ola Andersson – Stockholm School of Economics
Price Competition and Convex Costs
Discussant: Pär Holmberg - Uppsala University and IFN

14.00–14.40

Maria Kopsakangas-Savolainen – University of Oulu
Observed and Unobserved Heterogeneity in Stochastic Frontier Models (with Rauli Svento)
Discussant: Lennart Hjalmarsson - Gothenburg University

14.40–15.05

Coffee break

15.05–15.45

Pär Holmberg – Uppsala University and IFN
Supply Function Equilibria: Step Functions and Continuous Representations (with David Newbery and Daniel Ralph)
Discussant: Petter Vegard Hansen - Statistics Norway  

15.45 Closing of the conference