Publications

in assoc, London Economics. “Structure and Performance of Six European Wholesale Electricity Markets in 2003, 2004 and 2005: Executive Summary.” In, 2008.Abstract
electricity_final_execsum.pdf
London Economics in association with Global Energy Decisions. Structure and Performance of Six European Wholesale Electricity Markets in 2003, 2004 and 2005: Executive Summary. Presented to DG Comp 26th February 2007.
Zachmann, Georg, and Christian von Hirschhausen. “First Evidence of Asymmetric Cost Pass-through of EU Emissions Allowances: Examining Wholesale Electricity Prices in Germany.” In, 2007.Abstract

zachmann_asymcpt_0407.pdf

Zachmann, Georg and Christian von Hirschhausen. First Evidence of Asymmetric Cost Pass-through of EU Emissions Allowances: Examining Wholesale Electricity Prices in Germany. March 2007. Paper, 8 pages.

 

 

This paper applies the literature on asymmetric price transmission to the emerging commodity market for EU emissions allowances (EUA). We utilize an error correction model and an autoregressive distributed lag model to measure the relationship between CO2 price changes and the development of wholesale electricity prices. Using data from the German market for electricity and EUAs, we find that the rising prices of EUAs have a stronger impact on wholesale electricity prices than falling prices -- the first empirical evidence of asymmetric cost pass-through for these new allowances.

 

R̦ller, Lars-Hendrik, Ju. “Energy: Choices for Europe.” In, 2007.Abstract
esmt_white_paper_energy.pdf
R̦ller, Lars-Hendrik, Juan Delgado and Hans Friederiszick. Energy: Choices for Europe. March 2007. Paper, 73 pages.
Andersson, Bo. “Retail Competition: Experiences From Scandinavia.” In, 2005.Abstract
anderson_econ_092205.pdf
Andersson, Bo. Retail Competition: Experiences From Scandinavia. 22 September 2005. Presentation, 18 pages.
Hogan, William. Transmiss. “Transmission Expansion and Electricity Restructuring.” In, 2005.Abstract
ward_hepg_092205.pdf
Hogan, William. Transmission Expansion and Electricity Restructuring. 19 May 2005. Presentation, 20 pages.
Littlechild, Stephen, and ". “Regulation of Transmission Expansion in Argentina: Part 1 - State Ownership, Reform, and the Fourth Line Part 2 - Developments Since the Fourth Line.” In, 2005.Abstract
littlechild_regulation_transmission_expansion_argentina_partii.pdf
Littlechild, Stephen and Carlos Skerk. Regulation of Transmission Expansion in Argentina: Part 1 - State Ownership, Reform, and the Fourth Line; and Part 2 - Developments Since the Fourth Line. Cambridge Working Papers in Economics CWPE 0464 and 0465, 76 pages each.
Riley, Rick. Transmission. “Transmission Expansion in Restructured Electricity Markets.” In, 2005.Abstract
riley_hepg_meeting_may_19_2005_rev_1.pdf
Riley, Rick. Transmission Expansion in Restructured Electricity Markets. 19 May 2005. 15 pages.
Daxhelet, Olivier, and Yve. “Inter-TSO Compensation Mechanism.” In, 2005.Abstract
daxlet_smeers_11.07.05.pdf
Daxhelet, Olivier and Yves Smeers. Inter-TSO Compensation Mechanism. 7 November 2005. Paper, 15 pages.
Dadson, Aleck. Competitio. “Competition in the UK Retail Electricity Market.” In, 2005.Abstract
dadson_competition_092205.pdf
Dadson, Aleck. Competition in the UK Retail Electricity Market. 22 September 2005. Presentation, 11 pages.
Littlechild, Stephen. Sma. “Smaller Suppliers in the UK Domestic Electricity Market: Experience, Concerns and Policy Recommendations.” In, 2005.Abstract
littlechild_smaller_suppliers_uk_electricity_market.pdf
Littlechild, Stephen. Smaller Suppliers in the UK Domestic Electricity Market: Experience, Concerns and Policy Recommendations. 29 June 2005. 74 pages.
Littlechild, Stephen. Sma. “Smaller Suppliers in the UK Domestic Electricity Market: Experience, Concerns and Policy Recommendations.” In, 2005.Abstract
littlechild_smaller_suppliers_uk_electricity_market.pdf
Littlechild, Stephen. Smaller Suppliers in the UK Domestic Electricity Market: Experience, Concerns and Policy Recommendations. 29 June, 2005. Paper, 74 pages
Brown, Ashley. “Regulation and Electric Restructuring Policy Note: Follow Up to Moscow Visit of July 12-15, 2005 and Workshop of July 14, 2005.” In, 2005.Abstract
brownrussiaelecregpolupdate705.pdf
Brown, Ashley. Regulation and Electric Restructuring Policy Note: Follow Up to Moscow Visit of July 12-15, 2005 and Workshop of July 14, 2005. September 2005. Paper, 13 pages.
Leuthold, Florian, and Ina. “Nodal Pricing in the German Electricity Sector – A Welfare Economics Analysis, with Particular Reference to Implementing Offshore Wind Capacities.” In, 2005.Abstract
nodal_pricing_0905.pdf
Leuthold, Florian and Ina Rumiantseva, Hannes Weigt, Till Jeske and Christian von Hirschhausen. Nodal Pricing in the German Electricity Sector – A Welfare Economics Analysis, with Particular Reference to Implementing Offshore Wind Capacities. September 2005. Paper, 33 pages.
Green, Richard, and Joanne. “Why did British electricity prices fall after 1998?” In, 2005.Abstract
green.evans_.british.electricity.prices.fall_.1998.pdf
Green, Richard and Joanne Evans. Why did British electricity prices fall after 1998? July 2005. Paper, 24 pages.
Zachmann, Georg. Converge. “Convergence of Electricity Wholesale Prices in Europe? A Kalman Filter Approach.” In, 2005.Abstract
zachmann_convergence_prices_0905.pdf
Zachmann, Georg. Convergence of Electricity Wholesale Prices in Europe? A Kalman Filter Approach. September 2005. Paper, 34 pages.
Roark, Jeffrey. My Wound. “My Wound is Argentina..Expansion of Transmission by Market Participants in the World's First LMP Market.” In, 2005.Abstract
roark_hepg_print.pdf
Roark, Jeffrey. My Wound is Argentina...Expansion of Transmission by Market Participants in the World's First LMP Market. 19 May 2005. Presentation, 17 pages.
“Institute for Industrial Economics Competition and Coordination in the Electricity Industry.” In, 2004.Abstract
Institute for Industrial Economics (Toulouse, France). Competition and Coordination in the Electricity Industry. 16-17 January 2004. Conference link.
Ehrenmann, Andreas, and Yv. “Inefficiencies in European Congestion Management Proposals.” In, 2004.Abstract
ehrenmann.smeers_inefficiences.european.congestion.mgmt_.pdf
Ehrenmann, Andreas and Yves Smeers. Inefficiencies in European Congestion Management Proposals. 23 December 2004. Paper, 43 pages."
Flow-based, ETSO-EuroPEX. “Flow-based Market Coupling: A Joint ETSO-EuroPEX Proposal for Cross-Border Congestion Management and Integration of Electricity Markets in Europe.” In, 2004.Abstract
etso_europex_interimreport_sept2004.pdf
ETSO-EuroPEX. Flow-based Market Coupling: A Joint ETSO-EuroPEX Proposal for Cross-Border Congestion Management and Integration of Electricity Markets in Europe. September 2004. Interim Report, 26 pages.
Flow-based, ETSO-EuroPEX. “Flow-based Market Coupling: A Joint ETSO-EuroPEX Proposal for Cross-Border Congestion Management and Integration of Electricity Markets in Europe.” In, 2004.Abstract
etso_europex_fmc_presentation.pdf
ETSO-EuroPEX. Flow-based Market Coupling: A Joint ETSO-EuroPEX Proposal for Cross-Border Congestion Management and Integration of Electricity Markets in Europe. September 2004. Presentation, 27 pages.

Pages