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Incentive Regulation of Electricity and Gas Networks in the UK: From RIIO-1 to RIIO-2

The regulatory and operating context of energy networks is dynamic and constantly evolving. Achieving a multitude of economic, environmental, social and policy objectives is a challenging task for the sector regulators. In 2010, the UK energy …

Network Utilities Performance and Institutional Quality: Evidence from the Italian Electricity Sector

It is generally accepted that institutions are important for economic development. However, whether the performance of regulated utilities within a country is affected by the quality of institutions is yet to be investigated thoroughly. We analyse …

Political Economy of Reform and Regulation in the Electricity Sector of Sub-Saharan Africa

As part of electricity sector reforms, Sub-Saharan African countries have established independent regulatory agencies to signal legal and political commitment to end selfregulation and provision of service by the state. The reforms aimed to encourage …

European Gas Markets, Trading Hubs, and Price Formation: A Network Perspective

We apply network theory to analyse the interactions of trading hub prices, and to assess the harmonisation of the European gas market. We construct dynamic networks, where the nodes correspond to the twelve EU trading hubs, and where the edges weight …

European Gas Markets, Trading Hubs, and Price Formation: A Network Perspective

We apply network theory to analyse the interactions of trading hub prices, and to assess the harmonisation of the European gas market. We construct dynamic networks, where the nodes correspond to the twelve EU trading hubs, and where the edges weight …

On Green Growth with Sustainable Capital

We develop an endogenous growth model to address a long standing question whether sustainable green growth is feasible by re-allocating resource use between green (natural) and man-made (carbon intensive) capital. In our model, final output is …

Political Economy of Reform and Regulation in the Electricity Sector of Sub-Saharan Africa

As part of their electricity sector reforms, Sub-Saharan African countries have established independent regulatory agencies to signal legal and political commitment to end self-regulation and provision of service by the state. The reforms aimed to …

Political Economy of Reform and Regulation in the Electricity Sector of Sub-Saharan Africa

As part of their electricity sector reforms, Sub-Saharan African countries have established independent regulatory agencies to signal legal and political commitment to end self-regulation and provision of service by the state. The reforms aimed to …

Network Utilities Performance and Institutional Quality: Evidence from the Italian Electricity Sector

It is generally accepted that institutions are important for economic development. However, whether the performance of regulated utilities within a country is affected by the quality of institutions is yet to be investigated thoroughly. We analyse …

Network Utilities Performance and Institutional Quality: Evidence from the Italian Electricity Sector

It is generally accepted that institutions are important for economic development. However, whether the performance of regulated utilities within a country is affected by the quality of institutions is yet to be investigated thoroughly. We analyse …