This paper considers the current proposal to extend the EU ETS to cover CO2 emissions from the combustion of heating and road transport fuels. We argue that increased coverage of the EU ETS, together with a binding cap consistent with a net zero trajectory, would provide an EU-wide quantity backstop ensuring that the EU’s cumulative…
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Impact of Japanese House Insulation Subsidy System on Home Owners’ Energy-Saving Awareness
Achieving the massive target of reduction in carbon dioxide emissions in the household sector requires that consumers be made aware of this issue. If consumers update their energy-saving awareness and related behaviors, the energy-efficiency effect can be expected to continue. For this purpose, this study analyzes the indirect effects of the housing eco-points system subsidy…
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…
Batteries, Interconnectors and Institutions: The Case of South Australia
In South Australia rapid expansion of grid-connected and distributed renewable generation has contributed to the closure of coal-fired electricity production and placed greater reliance on the remaining fossil-based generation and imports on meeting demand when South Australian renewable production is low. Concentrated wholesale markets and gas scarcity now explain higher wholesale electricity prices and lower…
Transmission Expansion Benefits: The Key to Redesigning the Regulation of Electricity Transmission in a Regional Context
Achieving a sufficient and efficient development of the transmission grid in the new low-carbon and region-wide coordinated electricity markets being created will be central to their success. This requires setting up the required institutional framework and cost allocation arrangements, which is specially challenging when the relevant market covers several independent countries or administrative areas (like…
Electricity (and Natural Gas) Transmission under Transformation – An Introduction
There may exist various factors that could potentially hinder the efficient development of electricity markets, such as poorly defined property rights, incomplete markets, increasing trade of electricity among different control areas, inefficient operation, and maintenance, as well as bottlenecks in transmission capacity due to lack of investment for grid expansion. This introduction to the EEEP-symposium…
Do auctions promote innovation in renewable energy technologies? An empirical analysis of solar PV
Innovation in low-carbon technologies and, particularly, renewable electricity technologies (RETs) will be a critical component of the decarbonised energy transition. RET innovation requires a wise combination of supply-push (R&D support) and demand-pull policies (support for deployment). Renewable energy auctions are currently the main instrument to support the deployment of renewable electricity capacity worldwide. Thus, auctions…