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…
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Electricity demand response in Japan: Experimental evidence from a residential photovoltaic power-generation system
We report on a randomized controlled trial used to examine the effect of dynamic pricing when applied to households with rooftop photovoltaic (PV) power-generation systems. Using high-frequency data on household-level electricity use, PV generation, purchases, and sales, we find that critical peak pricing induced significant usage reductions of 3-4% among households with PV systems, a…
Issues in The Future of Ground Transportation
Comparing Interstate Regulation and Investment in US Gas and Electric Transmission
The interstate electric and natural gas sectors in the United States share some common regulatory elements, although the simpler economics of network expansion in gas pipelines allow the industry to operate on a contract-based framework that would be highly inefficient in electric transmission. The strong incentives for new pipeline development have allowed new gas pipeline…
Settling the metric selection debate for assessing the energy efficiency of energy-intensive industries
This study evaluates energy efficiency in India’s energy-intensive industries using Total-Factor Energy Efficiency (TFEE), contrasting it with the traditional Single-Factor Energy Efficiency (SFEE) approach. Analyzing panel data from 2003–04 to 2021–22 from the Prowess database, we applied Data Envelopment Analysis (DEA), including the input-oriented Slack-based method with variable returns to scale, to assess attainable energy…
Winter Ends
There is a common assumption that all-electric automobiles, powered by lithium-ion batteries, are the future of vehicle transportation. It is argued here that this is not the likely outcome, especially in the less-developed countries. Use of photovoltaic (PV) cells, in conjunction with gasoline or hydrogen-hybrids, will be less expensive, and more likely to be adopted…
Book Reviews
Electric Vehicles are Good, Actually
Electric vehicles are the primary alternative to transportation based on internal combustion engines and the most promising route to decarbonization of light- and medium-duty transportation systems. A transition to electric vehicles does face important challenges in terms of scaling of battery production, charging infrastructure, and grid coordination, which may make aggressive EV targets difficult to…
Energy Markets Under Stress: Some Reflections on Lessons From the 2021–2023 Energy Price Crisis in Europe
This paper examines the 2021–2023 energy crisis in Europe exacerbated by the energy consequences of the full-scale Russia—Ukraine war which began in February 2022. We show that this was an historically unprecedented price shock to both gas and electricity prices. We then draw on lessons from UK energy policy in World War Two to inform…
Electricity Markets in the Resource-Rich Countries of the MENA: Adapting for the Transition Era
The Middle East and North Africa’s (MENA) resource-rich economies are pursuing two parallel strategies in their electricity sectors: (i) increasing and integrating renewables into their power generation mix to mitigate the impact of rising domestic oil and gas demand on their economies and boost hydrocarbon export capacities; and (ii) undertaking power sector reforms to attract…