Research

The School carries out applied research with the purpose of developing economically, legally, and socially-sound regulation and policy, using a multidisciplinary approach.

Compensation mechanisms to mitigate the market risk in offshore bidding zones

The latest European electricity market design reform introduced a compensation mechanism for wind producers located in offshore bidding zones. In this paper, we evaluate...

Authors
Policy Paper
Proposal for reviewing the Regulation on trans-European Networks for Energy (TEN-E) : assessment and recommendations
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Article
Loss and damage of climate change : recognition, obligation and legal consequences
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Executive Education

We offer different types of training: Online, Residential, Blended and Tailor-made courses in all levels of knowledge.

Policy Events

A wide range of events for open discussion and knowledge exchange. In Florence, Brussels, worldwide and online.

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Discover more initiatives, broader research, and featured reports.

Lights on Women

The Lights on Women initiative promotes, trains and advocates for women in energy, climate and sustainability, boosting their visibility, representation and careers.

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FSR Transport Policy Advisory Council

20 March 2012

On March 20th FSR Transport will host its first Policy Advisory Council meeting, gathering the FSR Transport’s donors and representatives of the Robert Schuman Centre for Advanced Studies. In this occasione suggestions will be provided to the FSR Transport Director on:

  1. The activities of FSR Transport since its foundation in 2010
  2. The planned activities for the upcoming years 2012-2015
  3. FSR Transport priorities

By invitation only.

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Forum

9th Florence Rail Forum. Discussing the 4th Railway Package: which role for markets in domestic rail passenger transport?

12 December 2014

The fourth Railway Package was proposed in 2013 and forms part of a series of regulatory initiatives to create a more efficient and connected European rail sector. The six proposed legislative initiatives that the package is composed of will be the most important items on the European Commission’s agenda in the area of railways regulation. Several elements of the package have not yet reached a consensus by all parties and negotiations are ongoing.

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Workshop on Alignment and Performance in Network Industries

06 June 2013

Both, institutions (i.e. rules of the game) and technologies matter in network industries. Their alignment (also called coherence) impacts performance. Based on previous discussion and work on the coherence framework and the co-evolution literature, this workshop aims at further developing research on the alignment between institutions and technologies in network industries.

The objective of the workshop is to:

  1. define a common terminology of the building blocks of the research concerning performance in network industries and alignment/coherence between institutions and technologies in network industries, and 
  2. define an action plan for future research activities (case studies, yearly meetings, publications (special issue in a journal, edited book), MOOC, etc.).

by invitation only.

ORGANIZED WITH

EPFL

 

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Workshop on Performance in Network Industries

06 October 2011

The liberalization of network industries has significantly altered the environment in which the stakeholders interact. Requirements to deliver services at a given level and indicators against which providers are measured (KPIs) are becoming the norm. Such performance requirements are not only limited to the private firms that have entered the markets. Public firms also increasingly come under the scrutiny of their owners. Not only are they required to perform services of general interest they also need to improve service delivery on a regular basis. In addition, performance criteria – which tended to be limited to financial equilibrium – now include a multitude of aspects, including environmental concerns. Whereas performance increasingly features at the center of operators’ concern, there remains little agreement as to what it encompasses. For instance managers are typically interested in performance at an operational level (e.g., seeking to improve the technical efficiency) while policy makers are primarily interested in performance at an aggregate level (e.g., seeking to improve the performance of the industry as a whole). The workshop aims at investigating how the concept of performance is understood and implemented by the various actors (firms, regulators and governments) across sectors and across countries. We seek both theoretical and empirical papers, including case studies shedding light on how particular performance regime are designed and/or implemented. We are particularly interested in the relationship between technology and institutions and how this impacts the performance in the different network industries.

01 May 2011 Deadline for submitting extended abstracts of papers

15 September 2011 Deadline for submitting papers and presentations

ORGANIZED WITH

EPFL

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Final Programme

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Forum

6th Florence Air Forum. Making effective use of technology in SESAR deployment

03 October 2014

Following the usual format of the Florence School of Regulation, the 6 th  Florence Air Forum aims at offering a platform to senior stakeholders from regulators, politics, operators, ANSPs, air carriers, airports, authorities, associations to discuss with prominent academics and to take stock of topics relevant to aviation regulation and policies. Relevant stakeholders such as Florian Guillermet (Executive Director of SESAR JU),  Frank Brenner (Director General of Eurocontrol), and  Maria Mas Rueda  (SESAR Programme Manager at the European Defence Agency) already confirmed their participation.

The 6 th Florence Air Forum will take stock of the different interests in the Single European Sky (SES) and discuss how its governance can best accommodate the various interests at hand, while making the most effective use of SESAR deployment. Once implemented, the SES would create benefits for all actors involved. Yet, in the short run there are costs: costs for adapting to the new technology, as well as political costs resulting from the redistribution of power among the involved actors.

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Seminar

Executive Seminar – Next Steps in Achieving the Single European Sky

16 July 2013

The creation of a European Single European Sky (SES) is progressing slowly; worse, it is in gridlock. This Executive Seminar aims at bringing the discussions to a next level and gathering high-level decision-makers in the aviation sector to find the way forward on a number of key issues, such as SES 2+, performance, the 5th Pillar and Centralised Services.

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ECOMM 2014: Creating a bridge to a green, fair and prosperous mobility management

From 07 May 2014 to 09 May 2014

The Transport Area of the Florence School of Regulation is proud to announce that the 18th edition of the European Conference on Mobility Management (ECOMM) is going to take place in Florence from Wednesday, May 7th until Friday, May 9th.

This year, the annual meeting of the European Platform on Mobility Management – ECOMM 2014 Creating a bridge to a green, fair and prosperous mobility management aims at reflecting the possibility for Mobility Management to be a bridge towards new themes. Namely, it will focus on the possible answers to the following questions:

  • new mobility concepts can pave the way for a broad introduction of e-mobility?
  • creating a new awareness about options to reduce car dependent mobility amongst both developers and tenants can lead to better land usage and more people friendly public spaces and streets?
  • considerations on an integration of Mobility Management in general transport policy can be major steps leading to a Sustainable Urban Mobility Plan?

Furthermore, the ECOMM 2014 will be the chance to discuss the challenges stemming from the revision of the Sustainable Urban Mobility Plans announced by the European Commission in its latest Communication . ECOMM 2014 also aims at stressing the role of the local authorities and the interaction between the different levels of governance, in light of this latest Communication.

Every year, the objective of ECOMM is to disseminate, increase and exchange the knowledge about mobility management in Europe and beyond and to enhance the networking within the mobility management community. The conference is a chance to get in touch with experts and policy makers, and the Transport Area of the Florence School of Regulation is happy to support members of the academic community who want to join us and engage in the discussion.

To learn more about the initiatives of the Florence School of Regulation in the field of Urban Transport, please visit our dedicated web-page .

All programme, presentations, and pictures are now online

 

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Forum

5th Florence Air Forum. Markets in Air Traffic Control and the evolving role of Eurocontrol

24 March 2014

The virtues of a Single European Sky (SES) have been acknowledged by all major stakeholders for a long time. It would reduce delays, increase safety, reduce the environmental impact of aviation and the costs for airlines related to air navigation service provision.

In practice this common understanding has however not led to a significant advancement of the SES. In fact, in spite of several attempts to push forward the necessary reforms in Air Traffic Management, the SES seems to be in gridlock. However with traffic volumes predicted to further increase the challenge to integrate the European Sky remains nonetheless acute – as it would be impossible to achieve the necessary capacity increases without raising the efficiency of Air Traffic Control (ATC). Different ways to achieve further steps towards a Single European Sky in spite of the political gridlock are therefore urgently needed.

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FSR Annual Conference

2nd Conference on the Regulation of Infrastructure Industries: Regulation in an Age of Convergence

07 June 2013

The main infrastructures – energy, transport, and communications – have experienced significant liberalization processes over the past 30 years. Liberalization has generally been accompanied by market dynamics, as evidenced by the emergence of new entrants. But we have also witnessed a reinforcement of the historical operators (incumbents), which have often diversified into adjacent industries and even beyond, raising the question of their regulation as well as the question of the regulation of converging industries, as in the case of postal services and telecommunications, electricity and gas, or intermodal transport for that matter.

This evolution constitutes as many challenges for regulation, regulatory bodies and regulatory policy more generally. This conference aims at exploring these challenges for regulation and regulators across the infrastructures and in an interdisciplinary manner, combining engineering, economics, law, and political science.

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FSR Annual Conference

3rd Conference on the Regulation of Infrastructures: Taking stock of current challenges

13 June 2014

Continuing the successful format, the 3rd  Conference on the Regulation of Infrastructures will take place on Friday, 13 June and bring together all research areas of the Florence School of Regulation to discuss current challenges in the regulation of the Infrastructure Industries.

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FSR Annual Conference

1st Conference on the Regulation of Infrastructure Industries

15 June 2012

The main infrastructures – energy, transport, and communications – have experienced significant liberalization processes over the past 30 years. Liberalization has generally been accompanied by market dynamics, as evidenced by the emergence of new entrants. But we have also witnessed a reinforcement of the historical operators (incumbents), which have often diversified into adjacent industries and even beyond, raising the question of their regulation as well as the question of the regulation of converging industries, as in the case of postal services and telecommunications, electricity and gas, or intermodal transport for that matter.

This evolution constitutes as many challenges for regulation, regulatory bodies and regulatory policy more generally. This conference aims at exploring these challenges for regulation and regulators across the infrastructures and in an interdisciplinary manner, combining engineering, economics, law, and political science.

Continue reading “1st Conference on the Regulation of Infrastructure Industries”

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FSR Climate Annual Conference 2015

From 22 October 2015 to 23 October 2015

The FSR Climate 2015 Annual Conference focused on the economic assessment of European climate policies.It covered the main climate-related existing policies at EU, national and subnational levels and included the following sessions, each of them with an invited speaker:

Martin Weitzman (Harvard University, USA) gave the keynote speech.

As part of the conference a Round Table  on the Distribution of Costs of Climate Change Impacts and Policies took place on  22 October, from 17.00-19.00 at the Palazzo Guadagni Strozzi Sacrati (Presidenza Regione Toscana).  See the recording of the round table.

Download the programme.

Audio Interviews

Papers/Presentations

DAY 1

Plenary presentationRenewable energy policy Mario Ragwitz,  Fraunhofer ISI

Session 1: Renewable energy policy

Ex-post assessment of carbon abatement and revenue effects of wind energy penetration (PAPER) Jan Abrell, Mirjam Kosch (ETH), Sebastian Rausch

Electricity imports from large-scale photovoltaics to Europe: distributional implications for Europe, Middle East and North African regions (PAPER) Birgit Bednar-Friedl, Iris Grossmann, Wolf Grossmann, Stefan Nabernegg (University of Graz), Thomas Schinko

Network transmission versus demand response: what is the impact on renewables? An application to Ireland and France (PAPER) Sean Collins, Paul Deane, Valeria Di Cosmo (Trinity College Dublin)

Session 2: EU ETS

Combining prices and quantities pollution controls under partitioned environmental regulation Jan Abrell (ETH), Sebastian Rausch

Outward foreign direct investments patterns of Italian firms in the EU-ETS Simone Borghesi (University of Siena), Chiara Franco, Giovanni Marin

Installation exit in the EU ETS industrial sector Stefano Verde (EUI), Christoph Graf, Thijs Jong, Claudio Marcantonini

Plenary presentationThe EU ETS: ten years and counting  Claudio Marcantonini, FSR Climate, EUI

Session 3: EU ETS

Free allocation and the endowment effect in Cap-and-Trade systems: evidence from the European electricity sector Aleksandar Zaklan (DIW)

Politics matters: regulatory events as catalysts for price formation under cap-and-trade (PAPER)  Nicolas Koch (Mercator Research Institute on Global Commons and Climate Change), Godefroy Grosjean, Sabine Fuss, Ottmar Edenhofer

Absolute vs. intensity-based emissions caps for target setting: an obstacle to linking the EU ETS to Chinese national ETS?  (PAPERYingying Zeng (University of Groningen), Stefan E. Weishaar, Oscar Couwenberg

Searching for carbon leaks in multinational companies (PAPER) Antoine Dechezleprêtre, Caterina Gennaioli, Ralf Martin, Mirabelle Muûls, Thomas Störk (Pompeu Fabra University)

Session 4: Renewable energy policy

On the economics of electricity markets with renewable energies Carsten Helm, Mathias Mier (University of Oldenburg)

The Swiss energy transition: a demand-side perspective (PAPER)  Alessandra Motz (Università della Svizzera italiana), Rico Maggi

Keynote speechCan negotiating a uniform carbon price help to internalize the global warming externality? Martin Weitzman, Harvard University

DAY 2

Plenary presentationEnergy taxation to correct external costs  Ian Parry, International Monetary Fund

Session 5: Environmental taxation

A carbon tax and the risk of inequity (PAPEREmmanuel Combet (CIRED), Frédéric Ghersi, Jean-Charles Hourcade, Camille Thubin

Solving the climate dilemma, an International carbon-price commitment promotes cooperation Peter Cramton (European University Institute, University of Maryland and University of Cologne), David MacKay, Axel Ockenfels, Steven Stoft:

“Global Carbon Pricing – We will if you will”, in review, MIT Press, January 2016 “Price Carbon – I will if you will”, Nature, 526, 315-316, 15 October 2015 [Presentation]

Carbon taxes, oil monopoly and petrodollar recycling (PAPERWaldemar Marz (IFO), Johannes Pfeiffer

Welfare effects of carbon-based motor vehicle taxes: insights from Europe and policy implications Theodoros Zachariadis (Cyprus University of Technology), Clerides Sofronis

Session 6: EU ETS

The European Union Emissions Trading System and the market stability reserve: optimal dynamic supply adjustment Sascha Kollenberg, Luca Taschini (LSE)

Solving the clinker dilemma with hybrid output-based allocation (PAPER) Frédéric Branger, Misato Sato (LSE)

What structural reform for EU ETS? (presentation)Scanning the Options for a Structural Reform of the EU Emissions Trading System (PAPER) Stefan Schleicher (University of Graz), Angela Köppl, Alexander Zeitlberger

Energy market integration and the EU Emissions Trading System: evidence of electricity leakage Stefan E.Weishaar, Sami Madani (The Advisory House)

Plenary presentationImpact of energy policy instruments on the level of energy efficiency Massimo Filippini (ETH)

Session 7: Energy efficiency policy

Evaluation of the EU current energy efficiency policies Paolo Zancarella, Paolo Bertoldi (European Commission) Double moral hazard and the energy efficiency gap (PAPER)  Louis-Gaëtan Giraudet (CIRED), Sebastien Houde

Heterogeneity in welfare and inequality effects of the German energy transition: Residential energy demand  Miguel A. Tovar-Reanos (ZEW), Nikolas Wolfing

Session 8: Renewable energy policy

Sensitivity of mitigation costs to regional and technological detail: the case of the Italian electricity sector Yiyong Cai, Gabriele Standardi (FEEM)

Should we extract the European shale gas? The effect of climate and financial constraints (PAPER) Fanny Henriet, Katheline Schubert (University Paris 1)

 

Keynote speakers bios 

Climate Annual Conference 2015Massimo Filippini

 Massimo Filippini has held a dual professorship in public economics and energy economics at ETH Zürich and the University of Lugano since October 1999. He is member of the Center for Economic Research at ETH Zurich (CER-ETH) and director of the Centre for Energy Policy and Economics (CEPE) to the ETH Zürich. He has also published several books, book chapters and more than fifty articles in peer-reviewed journals on energy economics and policy, transport economics, health economics and the economics of public services.
 
 

Claudio Marcantonini

Claudio Marcantonini

Claudio Marcantonini is Deputy Director at the FSR Climate, EUI. He studied at University of Perugia and at MIT, where in 2009 and 2010, he also worked on the costs of electricity at the Joint Program on the Science and Policy of Global Change and at the Centre for Environmental and Policy Research and he collaborated to the Projected Cost of Electricity study of the OECD Nuclear Energy Agency and International Energy Agency. In 2010 he was consultant at the OECD Nuclear Energy Agency where he worked on the competitiveness of nuclear power under carbon pricing. Since 2011 Claudio joined the Florence School of Regulation (FSR) in 2011 as member of the THINK project which advised the European Commission (DG ENERGY) on energy policy. Since 2012 he has worked at the Climate Policy Research Unit on analysis of European climate policy.He holds a PhD in Physics from MIT and a Degree in Physics from the University of Perugia. Claudio also holds a diploma in piano from the Conservatorio di Musica di Perugia.
 

Climate Annual Conference 2015Ian Parry

Ian Parry is the Principal Environmental Fiscal Policy Expert in the Fiscal Affairs Department of the IMF. Prior to joining the IMF in 2010, Parry held the Allen V. Kneese Chair in Environmental Economics at Resources for the Future. He holds a PhD in economics from the University of Chicago.Parry’s research focuses on analytical and spreadsheet models to quantify for different countries the economic impacts and efficient levels of a wide range of environmental, energy, and transportation policies. Parry has published numerous papers in professional journals and is the co-author of several books on climate and energy policy.

 

Climate Annual Conference 2015Mario Ragwitz

Mario Ragwitz is deputy head of the department Energy Policy and Energy Markets at the Fraunhofer-Institute for Systems and Innovation Research. He is responsible for developing and evaluating policies for renewable energy and modelling energy systems with renewable sources focusing on the European Union. He has coordinated more than 25 research projects on renewable energy policy development at global, EU and national level and authored more that 40 peer reviewed scientific articles. Ragwitz acted as an expert to the German Bundestag, to the European Parliament to national governments and the European Commission. Ragwitz is honorary professor at the University of Freiburg in the field of energy and climate policy.

Climate Annual Conference 2015Martin L. Weitzman

Martin L. Weitzman is Professor of Economics at Harvard University. Previously he was on the faculties of MIT and Yale. He has been elected as a fellow of the Econometric Society and the American Academy of Arts and Sciences. He has published widely in many leading economic journals and written three books. Weitzman’s interests in economics are broad and he has served as consultant for several well-known organizations. His current research is focused on environmental economics, including climate change, the economics of catastrophes, cost-benefit analysis, long-run discounting, green accounting, and comparison of alternative instruments for controlling pollution.

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