Working Papers
Risk Spillovers and Hedging:Why Do Firms Invest Too Much in Systemic Risk,
with J. Morbee.
Tilec Discussion Paper 2011-029, Tilburg University
Relaxing Competition Through Speculation: Committing to a Negative Supply Slope,
with P. Holmberg.
Download
The Effect of Divestitures in the German Electricity Market, with H. Weigt.
Tilec Discussion Paper 2011-20, Tilburg University
Exclusion through speculation,
with C. Argenton
Tilec Discussion Paper 2010-27, Tilburg University
Physical and Financial Virtual Power Plants, 2005,
CES working paper 0512, Center For Economic Studies, K.U.Leuven.
Cournot Competition, Financial Option Markets and Efficiency, 2004
CSEM working paper 139, Energy Institute, University of California.
Work in Progress
Generation investment and access regulation in the electricity market, with G. Petropoulos.
Regulation of investment timing, with G. Zwart.
Publications
Exclusivity contracts, insurance and financial market foreclosure, forthoming, with C. Argenton
Journal of Industrial Economics.
(Earlier verion Tilec Discussion Paper 2009-15)
Regulation of network infrastructure investments: an experimental evaluation. forthcoming,
with B. Henze and C. Noussair.
Journal of Regulatory Economics, Download.
The effect of counter-trading on competition in electricity markets. 2011, with J. Dijk.
Energy Policy, 39(3), pp1764–1773, Download.
(Earlier version TILEC Report 2009-02, Tilburg University.)
Cost Recovery in Congested Electricity Networks. 2010,
with G. Pepermans.
Zeitschrift für Energiewirtschaft 34(3), pp 195-208, Download
Arbitrage in Energy Markets: Price Discrimination under Congestion, 2010,
with G. Küpper.
Energy Journal, 31(3), pp 41-66.
(Earlier version CentER Discussion Paper Series No. 2007-94, Tilburg University).
Risk management in electricity markets: hedging and market incompleteness, 2010,
with J. Morbée.
Energy Economics
32(4), pp 786-795. Download.
(Earlier version TILEC Discussion Paper No. 2008-031, Tilburg University).
Cournot versus Supply Functions: What does the data tell us?, 2009,
with Rumiantseva I. and Weigt, H.,
Energy Economics, 31(1), pp38-47. Download.
(Earlier version CentER report)
Where the Champsaur Commission has got it wrong. 2009,
with C. Crampes, J.M. Glachant, C. von Hirschhausen, F. Leveque, D. Newberry, I. Perez-Arriaga,
P. Ranci, and S. Soft.
The Electricity Journal. 22 (7), pp81-86.
Cross-subsidies in the Electricity Sector, 2008,
with Ehlers, E.,
Competition and Regulation in Network Industries. 9(3), pp201-228.
(Earlier version TILEC Report)
Does More International Transmission Capacity Increase Competition in the Belgian Electricity Market?, 2008,
with Küpper G., Delarue E., Delvaux B., Meeus L., Bekaert D., Proost S., D’haeseleer, W., Deketelaere, K. and Belmans R.
Electricity Journal, 22(1), pp 21-36. Download.
Market power mitigation by regulating contract portfolio risk, 2008,
with de Corte E.,
Energy Policy, 36(10), pp 3787-3796. Download
Network unbundling, ownership structure and oligopolies: A case study for the Belgian electricity market, 2006,
with Pepermans G.,
Competition and Regulation in Network Industries, 2, pp 231-262
(Earlier version ETE Working Paper 2005-01)
Cournot Equilibrium in Price-capped two-settlement electricity markets, 2005,
with Yao, J., Oren, S. and Adler, I.
Hawaii International conference on System Science (38)
Modeling Cournot Competition in an Electricity Market with Transmission Constraints, 2002,
The Energy Journal 23(3) Download APPENDIX
Books
Economic Aspects of Climate Change Policy, A European and Belgian Perspective, 2005,
jointly edited with J. Eyckmans and S. Proost, ACCO, Leuven
Chapters in Books
The Boundary Between Markets and Government, 2010, with M. Mulder
in Preadviezen, edited by E. van Damme and M.P. Schinkel, Koninklijke Vereniging voor de Staathuishoudkunde
'Climate Change: Challenges for the World', 2005,
with J. Eyckmans, and J.-P. van Yperseele
in Economic Aspects of Climate Change Policy, edited by Willems, B., Eyckmans, J., Proost, S., ACCO, Leuven
Reports
Competitive effect of counter trading in the Dutch electricity market, 2011, Report for Essent N.V.
Establishing Adequacy in the Provision of Electricity, An Experimental Evaluation, 2011, Report for Essent N.V.
Green Energy Labelling, 2009, Report for Essent N.V.
The Frontier Shift of Capital Cost, 2009, with van Damme, E., Report for TenneT B.V.
Cross-subsidies in the Electricity Sector, 2008, with Ehlers, E. Marti Fraga, V., Report for Essent N.V.
Tilec Report 2008-01, Tilburg University
The future of the Dutch regulatory framework in energy and telecommunications, 2007,
TILEC Report (not public), Tilburg University
International and Belgian climate change policy questions, 2006
Final Report of CLIMNEG II project, K.U.Leuven
Opening of the European Market for Electricity, 2002,with Van Roy, P., Belmans, R., Pepermans, G., Proost, S. and D haeseleer, W.
Energy Institute Report 00-02, EI/St/02.3/FIN, K.U.Leuven
Dissertation
Electricity Networks and Generation Market Power, 2004, PhD dissertation,
Dept. of Economics, K.U.Leuven