Title:Implementing Incentive Regulation and Regulatory Alignment with Resource Bounded Regulators
Author(s):GLACHANT, Jean-Michel; KHALFALLAH, Haikel; PEREZ, Yannick; RIOUS, Vincent; SAGUAN, MarceloDate:2012Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:It is puzzling today to explain both the diversity and the rationale of regulators’ practice vis-à-vis network monopolies. We argue that two fundamental characteristics should be considered when defining the most appropriate ...
Title:Building Gas Markets: US versus EU, market versus market model
Author(s):VAZQUEZ, Miguel; HALLACK, Michelle; GLACHANT, Jean-MichelDate:2012Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:The liberalization process of the gas sector has showed that the reasoning to introduce competition in gas industries separates the services in at least two groups: commodities with relatively low transaction costs, and ...
Title:A Vision for the EU Gas Target Model: the MECO-S Model
Author(s):GLACHANT, Jean-MichelDate:2011-06-24Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:The discussion on a target model for European gas network access started at the 18th Madrid Forum in
2010. This model shall provide a unifying vision on the future layout of the European gas market
architecture. That ...
Title:Decarbonizing the European Electric Power Sector by 2050: A tale of three studies
Author(s):DELARUE, Erik; MEEUS, Leonardo; BELMANS, Ronnie; D'HAESELEER, William; GLACHANT, Jean-MichelDate:2011Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:If Europe is serious about climate change, it has to reduce its overall greenhouse gas emissions by
80% by 2050, thereby effectively going to a (near-) zero carbon energy and thus, electricity system.
The European Climate ...
Title:EU 2050 Low-Carbon Energy Future: Visions and strategies
Author(s):MEEUS, Leonardo; AZEVEDO, Isabel; MARCANTONINI, Claudio; GLACHANT, Jean-Michel; HAFNER, ManfredDate:2011Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:The aim of this paper is to identify the main challenges regarding the achievement of a low-carbon
energy system in the EU by 2050. We analyze the visions presented by stakeholders and existing
strategies of member state ...
Title:Toward a Smart EU Energy Policy: Rationale and 22 Recommendations
Author(s):GLACHANT, Jean-Michel; GRANT, Robert; HAFNER, Manfred; DE JONG, JacquesDate:2010Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:We are in desperate need of an EU Energy Policy. The facts are that, yes, there is indeed an EU Energy Policy. It is a policy based on a vision, a vision with three components. The policy is aiming for “markets, competition ...
Title:The Institutional Economics of Reflexive Governance in the Area of Utility Regulation
Author(s):BROUSSEAU, Eric; GLACHANT, Jean-MichelDate:2010Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:Regulation of utilities in the XXI Century is challenged by the fast pace of change notably the
acceleration of innovation, the restructuring of industry as sets of modular chains and the spreading of
new information and ...
Title:The Gas Transportation Network as a ‘Lego’ Game: How to Play with It?
Author(s):GLACHANT, Jean-Michel; HALLACK, MichelleDate:2010Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:Gas transportation networks exhibit a quite substantial variety of technical and economical properties
ranges roughly from an entrenched natural monopoly to near to an open competition platform. This
empirical fact is ...
Title:Transmission Network Investment as an Anticipation Problem
Author(s):RIOUS, Vincent; GLACHANT, Jean-Michel; DESSANTE, PhilippeDate:2010Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:This paper proposes a probabilistic model to evaluate if a proactive TSO that anticipates the
connection of new generators with short construction duration compared to the time needed to
reinforce the network is more ...
Title:“Smart Regulation for Smart Grids”
Author(s):MEEUS, Leonardo; SAGUAN, Marcelo; GLACHANT, Jean-Michel; BELMANS, RonnieDate:2010Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:Climate change and security of supply policies are driving us towards a decarbonization of the
electricity system. It is in this context that smart grids are being discussed. Electricity grids, and hence
their regulatory ...
Title:Modelling the effects of nuclear fuel reservoir operation in a competitive electricity market
Author(s):LYKIDI, Maria; GLACHANT, Jean-Michel; GOURDEL, PascalDate:2010Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:In many countries, the electricity systems are quitting the vertically integrated monopoly
organization for an operation framed by competitive markets. In such a competitive regime one
can ask what the optimal management ...
Title:Smart Cities Initiative: how to foster a quick transition towards local sustainable energy systems
Author(s):MEEUS, Leonardo; DELARUE, Erik; AZEVEDO, Isabel; GLACHANT, Jean-Michel; LEAL, Vitor; DE OLIVEIRA FERNANDES, EduardoDate:2010Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:The European Commission has recently launched the Smart Cities Initiative to demonstrate and
disseminate how to foster a quick transition towards local sustainable energy systems. Within this
initiative, the three main ...
Title:Why and How the European Union Can Get a (Near To) Carbon-Free Energy System in 2050?
Author(s):JONES, Christopher; GLACHANT, Jean-MichelDate:2010Type of Publication:Working PaperSeries/Report no.:CEEPR Working PaperAbstract:Reducing the European Union GHG emissions by at least 80% by 2050 will require a near zero carbon electricity, road and rail transport industry, and heating and cooling in buildings. As compared to “business as usual” the ...
Title:A Novel Business Model for Aggregating the Values of Electricity Storage
Author(s):HE, Xian; DELARUE, Erik; D'HAESELEER, William; GLACHANT, Jean-MichelDate:2010Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:Electricity storage is considered a valuable source of flexibility whose applications cover the whole
electricity value chain. However, most of the existing evaluation methods for electricity storage are
conceived for ...
Title:Public Support for the Financing of RD&D Activities in New Clean Energy Technologies
Author(s):OLMOS, Luis; RÜSTER, Sophie; LIONG, Siok Jen; GLACHANT, Jean-MichelDate:2010Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:Several market failures, as well as other technical, economic and regulatory barriers to the market
penetration of clean energy technologies result in under-investment of private innovators in RD&D.
Therefore, public ...
Title:Toward a zero carbon energy policy in Europe: Defining a feasible and viable solution
Author(s):JONES, Christopher; GLACHANT, Jean-MichelDate:2010Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:Reducing the European Union GHG emissions by at least 80% by 2050 will require a near zero carbon electricity, road and rail transport industry, and heating and cooling in buildings. As compared to “business as usual” the ...
Title:The Achievement of the EU Electricity Internal Market through Market Coupling
Author(s):GLACHANT, Jean-MichelDate:2010Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:The achievement of the internal market for energy is going ahead in the EU 15 since a model is
emerging for “coupling the national markets for electricity”.
For about 15 years the EU 15 was made up of national markets ...
Title:Academic Opinion of Economic Scholars on Champsaur Commission’s Paper
Author(s):LÉVÊQUE, François; GLACHANT, Jean-Michel; [et al.]Date:2009Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:This paper is the joint position taken by nine academics on the French debate introduced by the “Rapport de la commission présidée par Paul Champsaur sur l’organisation du marché de l’électricité” on April 2009. In order ...