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elected Ongoing Projects
The deregulation of electricity and gas markets in Switzerland and in the rest of Europe is causing profound structural changes. In this context several questions remain open. First of all it is not yet clear how grid-based energy carriers can be optimally deregulated, to what extent regulation is necessary in an open market, and how free and open access to the network can be implemented for third parties. Second, power producers face large challenges. Distributors are confronted with rapid structural change, while generators must contend with high uncertainties when making investment decisions. Third, it is unclear to what degree electricity and gas prices may drop under competition and how strongly energy demand may react. Fourth, it is unclear to what extent deregulation of the electricity and gas sectors will negatively impact ecological targets (e.g. reduction of greenhouse gas emissions and the prospects for renewable energy), nor is it obvious what measures could be taken to prevent this. The energy economics research group works on these open questions with the help of microeconomic and econometric instruments.
Aebischer, Bernard, Dr. (Alumni)
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