The Electricity Research Programme focuses on fundamental issues including re-design of electricity markets to integrate zero marginal cost renewables, regulation of electricity networks to accommodate variable supply/demand and incentivizing efficient investment and identifying conditions for efficient growth of distributed energy resources (DERs), activating demand side flexibility and consumer participation in the electricity market.
The Programme welcomes expressions of research interest from academics, researchers and experts; please write to Rahmat Poudineh for further information.
The Programme organises a series of high-level events and meetings every year to discuss its research in relation to topical policy issues. For information on these and on joining the Programme’s group of Sponsors, please contact Rahmat Poudineh.
The Programme is grateful to its existing Sponsors for their support, without which its research would not be possible.
Cheniere
ConocoPhillip
Eni
Iberdrola
National Grid
Ofgem
Swedish Energy Agency
Dimitra Apostolopoulou
Farhad Billimoria
Frank A. Felder
Michael Hochberg
Malcolm Keay
Aliaksei Patonia
David Robinson
A concern persistent in scarcity-based market designs for electricity over many years has been the illiquidity of markets for long-term contracts to hedge away volatile price exposures between generators and consumers. These missing markets have been attributed to a range of factors including retailer creditworthiness, market structure and the lack of demand side interest from […]
In this latest OIES podcast Hasan Muslemani talks to Frank Felder about his forthcoming OIES paper ‘The Challenges of Incorporating Consumer Reliability Preferences in Electricity Markets with a Capacity Requirement’. Power outages and major blackouts are widespread, affecting hundreds of millions globally. One way to improve reliability and reduce costs is to have more customers adjust […]
This paper proposes a paradigm shift from price-based to quantity-based electricity subsidies, inspired by the characteristics of distributed generation technologies such as photovoltaics (PV solar). This approach, aimed at addressing the significant challenges in Mexico’s electricity sector exacerbated by nearshoring, entails reallocating government budgets towards the procurement of solar panels for individuals or households. The […]
The paper aims to identify possible lessons from electricity for hydrogen business models, exploring the relationship between green hydrogen and electricity, and offering preliminary thoughts on implications for hydrogen development in Europe.
Energy systems are undergoing radical changes as part of their modernisation process worldwide. For instance, the increased levels of penetration of distributed energy resources (DERs) such as distributed generation, electric vehicles, demand response and storage devices transform distribution systems from energy supply to energy production/supply points and pave the way to a more decentralised power […]
This report introduces European legislation on energy communities and then analyzes Spain’s progress in implementing the legislation. Following the introduction, the report offers an economic framework for assessing the degree to which national legislation on energy communities aligns the incentives of the energy community with the interests of the electricity system and all consumers. In […]