Power generation and transmission are complementary activities that must be coordinated to ensure an optimal use and development of the transmission network. This coordination is today more difficult in a liberalized system, because of unbundling and the freedom for investors to choose their generation technologies (Joskow, 2006). Shorter investment time between generation and network create uncertainty for the network planning and congestions. In the economic literature, the efficiency of anticipating generation investment has been under-evaluated assuming that it is a cost free activity. Our model evaluates the effect of anticipation costs and defines in which cases the previous results by Sauma and Oren (2006, 2007) could still hold.
The digitalisation of the energy sector is giving rise to energy data spaces that aim to support secure, interoperable, and sovereign data sharing among stakeholders. While the focus has mainly [...]
This report reviews evidence collected during the third year of the LIFE COASE project co-funded by the European Commission. It summarises two events held over the summer of 2025. The [...]
The European Union (EU) is approaching a crucial moment in its climate and industrial strategy. As work begins on the 2026 review of the EU Emis sions Trading System (ETS), [...]
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