| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP15705 |
| DP15705 The Energy Transition: An Industrial Economics Perspective | |
| Natalia Fabra | |
| 发表日期 | 2021-01-24 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | Addressing climate change requires full decarbonization of our economies. Whether this objective is achieved at least cost for society hinges on good policy design. In turn, this calls for a thorough understanding of firms’ and consumers’ incentives in the presence of asymmetric information, the determinants of strategic interaction, and the impact of market design and market structure on the intensity of competition. Industrial Economics thus has much to contribute towards a successful Energy Transition, while benefiting from the exciting research opportunities it brings. In this paper, I survey some of the recent developments in this area. My focus is on the power sector, and in particular, on the regulatory and market design challenges triggered by the expansion of intermittent renewables with almost zero marginal costs. I conclude with some questions that merit further research. |
| 主题 | Industrial Organization |
| 关键词 | Carbon emissions Energy Competition market power Market design Auctions Invecstment Dynamic pricing Storage |
| URL | https://cepr.org/publications/dp15705-0 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/544712 |
| 推荐引用方式 GB/T 7714 | Natalia Fabra. DP15705 The Energy Transition: An Industrial Economics Perspective. 2021. |
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