IDEAS home Printed from https://ideas.repec.org/p/hhs/ratioi/0346.html
   My bibliography  Save this paper

Does published research influence policy outcomes? The case of regulated electricity networks in western Europe

Author

Listed:

Abstract

This study investigates the relationship between number of articles about electricity network regulation published in peer-reviewed journals and actual electricity network prices. Data on published articles are sourced from ScienceDirect and network prices are provided by Eurostat. Different empirical approaches give the same result, namely that an increase in the number of published articles reduces the regulated network price. When articles are highly relevant, one additional article published per year reduces the price by at least 10%. Results also show that the influence on prices is delayed and the effect lasts for a few years. A survey is sent out to regulators to better understand if the relationship can be interpreted as causal. Responses reveal that regulators do access and incorporate relevant research into their work. Considering the cost required to continuously publish relevant articles, research seems to be a highly effective complement to more traditional regulatory work.

Suggested Citation

  • Söderberg, Magnus & Yang, Yingkui, 2021. "Does published research influence policy outcomes? The case of regulated electricity networks in western Europe," Ratio Working Papers 346, The Ratio Institute.
    • Handle: RePEc:hhs:ratioi:0346
    as

    Download full text from publisher

    File URL: https://ratio.se/app/uploads/2021/04/ratio-working-paper-no-346.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Nechvátal, Ivan & Pilavachi, Petros A. & Kakaras, Emmanuel, 2012. "The role of the European Union in private law relations of organizations operating in the internal electricity or gas market in medium and small size Member States," Energy Policy, Elsevier, vol. 51(C), pages 535-543.
    2. Muller, Chr. & Wienken, W., 2004. "Measuring the degree of economic opening in the German electricity market," Utilities Policy, Elsevier, vol. 12(4), pages 283-290, December.
    3. Weidlich Anke & Veit Daniel, 2008. "Agent-Based Simulations for Electricity Market Regulation Advice: Procedures and an Example," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 228(2-3), pages 149-172, April.
    4. Wang, Yan, 2006. "Renewable electricity in Sweden: an analysis of policy and regulations," Energy Policy, Elsevier, vol. 34(10), pages 1209-1220, July.
    5. Mulder, Machiel & Willems, Bert, 2019. "The Dutch retail electricity market," Energy Policy, Elsevier, vol. 127(C), pages 228-239.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Davine N. G. Janssen & Eunice Pereira Ramos & Vincent Linderhof & Nico Polman & Chrysi Laspidou & Dennis Fokkinga & Duarte de Mesquita e Sousa, 2020. "The Climate, Land, Energy, Water and Food Nexus Challenge in a Land Scarce Country: Innovations in the Netherlands," Sustainability, MDPI, vol. 12(24), pages 1-27, December.
    2. Μichalena, Evanthie & Hills, Jeremy M., 2012. "Renewable energy issues and implementation of European energy policy: The missing generation?," Energy Policy, Elsevier, vol. 45(C), pages 201-216.
    3. Darmani, Anna & Rickne, Annika & Hidalgo, Antonio & Arvidsson, Niklas, 2016. "When outcomes are the reflection of the analysis criteria: A review of the tradable green certificate assessments," Renewable and Sustainable Energy Reviews, Elsevier, vol. 62(C), pages 372-381.
    4. Giulietti, Monica & Le Coq, Chloé & Willems, Bert & Anaya, Karim, 2019. "Smart Consumers in the Internet of Energy : Flexibility Markets & Services from Distributed Energy Resources," Other publications TiSEM 2edb43b5-bbd6-487d-abdf-7, Tilburg University, School of Economics and Management.
    5. Li, Jinke & Liu, Guy & Shao, Jing, 2020. "Understanding the ROC transfer payment in the renewable obligation with the recycling mechanism in the United Kingdom," Energy Economics, Elsevier, vol. 87(C).
    6. Ghadi, Mojtaba Jabbari & Azizivahed, Ali & Mishra, Dillip Kumar & Li, Li & Zhang, Jiangfeng & Shafie-khah, Miadreza & Catalão, João P.S., 2021. "Application of small-scale compressed air energy storage in the daily operation of an active distribution system," Energy, Elsevier, vol. 231(C).
    7. Angenendt, Nicole & Müller, Gernot & Stronzik, Marcus & Wissner, Matthias, 2007. "Stromerzeugung und Stromvertrieb – eine wettbewerbsökonomische Analyse," WIK Discussion Papers 297, WIK Wissenschaftliches Institut für Infrastruktur und Kommunikationsdienste GmbH.
    8. Brown, D.P. & Tsai, C.H. & Woo, C.K. & Zarnikau, J. & Zhu, S., 2020. "Residential electricity pricing in Texas's competitive retail market," Energy Economics, Elsevier, vol. 92(C).
    9. Muyi Yang & Yuanying Chi & Kristy Mamaril & Adam Berry & Xunpeng Shi & Liming Zhu, 2020. "Communication-Based Approach for Promoting Energy Consumer Switching: Some Evidence from Ofgem’s Database Trials in the United Kingdom," Energies, MDPI, vol. 13(19), pages 1-16, October.
    10. Kažukauskas, Andrius & Jaraite, Jurate, 2011. "The Profitability of Power Generating Firms and Policies Promoting Renewable Energy," CERE Working Papers 2011:14, CERE - the Center for Environmental and Resource Economics.
    11. Mac Domhnaill, Ciarán & Ryan, Lisa, 2020. "Towards renewable electricity in Europe: Revisiting the determinants of renewable electricity in the European Union," Renewable Energy, Elsevier, vol. 154(C), pages 955-965.
    12. Milchram, Christine & Künneke, Rolf & Doorn, Neelke & van de Kaa, Geerten & Hillerbrand, Rafaela, 2020. "Designing for justice in electricity systems: A comparison of smart grid experiments in the Netherlands," Energy Policy, Elsevier, vol. 147(C).
    13. del Río, Pablo, 2010. "Analysing the interactions between renewable energy promotion and energy efficiency support schemes: The impact of different instruments and design elements," Energy Policy, Elsevier, vol. 38(9), pages 4978-4989, September.
    14. Ayoub, Nasser & Yuji, Naka, 2012. "Governmental intervention approaches to promote renewable energies—Special emphasis on Japanese feed-in tariff," Energy Policy, Elsevier, vol. 43(C), pages 191-201.
    15. Margaux Escoffier & Emmanuel Hache & Valérie Mignon & Anthony Paris, 2019. "Determinants of investments in solar photovoltaic: Do oil prices really matter?," Working Papers hal-04141866, HAL.
    16. Dagoumas, A.S. & Kalaitzakis, E. & Papagiannis, G.K. & Dokopoulos, P.S., 2007. "A post-Kyoto analysis of the Greek electric sector," Energy Policy, Elsevier, vol. 35(3), pages 1551-1563, March.
    17. Sk Uddin & Ros Taplin & Xiaojiang Yu, 2010. "Towards a sustainable energy future—exploring current barriers and potential solutions in Thailand," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 12(1), pages 63-87, February.
    18. Brunekreeft, G. & Bauknecht, D., 2005. "Energy policy and investment in the German power market," Discussion Paper 2005-031, Tilburg University, Tilburg Law and Economic Center.
    19. Glachant, Jean-Michel & Dubois, Ute & Perez, Yannick, 2008. "Deregulating with no regulator: Is the German electricity transmission regime institutionally correct?," Energy Policy, Elsevier, vol. 36(5), pages 1600-1610, May.
    20. Mukherjee, Maitreyee & Jensen, Olivia, 2022. "Open Water: Impacts of Retail Competition on Service Performance and Water-Use Efficiency in England," Utilities Policy, Elsevier, vol. 79(C).

    More about this item

    Keywords

    regulation; electricity; research;
    All these keywords.

    JEL classification:

    • D04 - Microeconomics - - General - - - Microeconomic Policy: Formulation; Implementation; Evaluation
    • D42 - Microeconomics - - Market Structure, Pricing, and Design - - - Monopoly
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hhs:ratioi:0346. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Martin Korpi (email available below). General contact details of provider: https://edirc.repec.org/data/ratiose.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.