Decision-making in the energy sector and notably the power industry has to cope with multiple uncertain factors such as renewable forecasts, technology developments or demand growth. At the same time, multiple methods are available to support decision-making under uncertainty. The focus of the present review is to identify the merits of different optimization modelling approaches…
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From Negative to Positive Carbon Pricing in Mexico
Winners and Losers of EU Emissions Trading: Insights from the EUTL Transfer Dataset
This paper analyses distributional effects between participants of the EU Emissions Trading System (EU ETS) during its first trading period. To this end, a selection model is formulated and applied to a dataset based on account information and transfer data from the EU Transaction Log (EUTL). Four different ways of adding carbon prices to the…
Aiming at a Low Carbon Society in Japan by 2050: Impact of the Fukushima Nuclear Accident and CO2 Reduction Target
Since the Fukushima nuclear accident in 2011, Japan has been struggling with its energy and environmental policy, without a clear picture of the future for nuclear power. The Government of Japan released its latest Strategic Energy Plan in April 2014, and announced its CO2 emissions target (24% reduction by 2030 compared to 2005 levels) and…
Book Reviews
Is Natural Gas a Viable Option to Promote Electrification in Nigeria?
Gifted with vast reserves of oil and natural gas, Nigeria is a country with low level of electrification but a rapidly rising demand. This invites the question of whether domestic natural gas can be leveraged to facilitate full electrification in Nigeria. We contend that while in principle natural gas is a solution to the problem…
The Roles of Government and the Public Utility in Achieving Universal Access to Electricity
Although Mozambique is blessed with abundant fossil fuel and renewable energy resources, achieving the national goal of universal access to electricity by 2030 is a formidable task. This paper describes the current energy sector landscape in the developing nation of Mozambique and provides an on-the-ground account of the conceptual framework guiding the public utility in…
Demand-Side Policy: Mechanisms for Success and Failure
Demand-side management (DSM) policy evaluations, including energy efficiency and demand response, primarily focus on ex-ante appraisals or ex-post evaluations of impacts, such as energy savings, carbon savings and implementation costs. However, there is a knowledge gap in understanding the mechanisms behind the success and failure of demand-side policies. The paper presents the results of a…
Book Reviews
Energy System Transition in the Nordic Market: Challenges for Transmission Regulation and Governance
The energy system in the Nordic countries faces changes driven by increasing integration with the rest of Europe and changes to the generation mix. These developments pose challenges with respect to future network development and operation. We focus on three major aspects: market integration; generation and network adequacy; the need for more flexibility and frequency…