Fuel poverty is a condition associated with the inability to afford sufficient energy services in a home, especially heating. There is no single standardised process for defining or measuring fuel poverty. Each different method used in research or policy presents biases, resulting in different numbers of affected households with implications for interventions. This systematic literature…
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Towards Electricity Markets’ Integration and Investment in Transmission Capacity: East African Community Power Markets
This research examines the impact of transmission expansion on a future East Africa’s electricity market, to enable the five examined countries (Kenya, Uganda, Tanzania, Rwanda, and Burundi) to adequately couple. As a pioneering move, we introduce nodal pricing and investigate the economic welfare arising from the planned transmission upgrade. This simulation is then compared to…
A Regionalized or Unified Oil Market: The Price Spread Between Brent and WTI
I evaluate the degree to which local supply/demand conditions and exchange rates affect the price for WTI and Brent and their price spread by estimating cointegrating vector autoregression (CVAR) models and using a saturation indicator technique to identify periods when these long- and short-run relations change. A bivariate CVAR model that includes the price of…
Decentral Electrification, Network Interconnection, and Local Power Markets – An Introduction
Book Reviews
An ex-ante evaluation of the EU Energy Efficiency Directive – Article 7
The European Union’s Energy Efficiency Directive calls for EU Member States to put in place ambitious energy efficiency policies and requires them to establish energy saving targets. One of the most important Articles of the Directive is Article 7, which required Member States to implement Energy Efficiency Obligations and/or alternative policy instruments in order to…
Differential Impact of COVID-19 on the Energy Consumption of Residential and Business Sectors
As a consequence of the COVID-19 pandemic, some patterns of energy consumption changed in the residential and non-residential sectors. This paper uses data from a local utility company in Florida to quantify the heterogeneous impacts of the pandemic on electricity and natural gas consumption across households from different income levels and across essential and non-essential…
Mexico’s Energy Prospects: Gains from Renewable Sources Over A Fossil Fuel-Dominated Environment
Changing political conditions in Mexico threatens the future of clean energy in the country. A competitive electricity market and ambitious environmental goals were among the priorities of the previous administration, but the current administration aims to increase revenues from the national power company and acquire control of the electricity market at the expense of consumer…
Book Reviews
Coping with Uncertainties in the Electricity Sector – Methods for Decisions of Different Scope
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…