Modern Electric Power Systems 2010

Keynote Speakers


Prof. Derek Bunn Prof. Derek Bunn
London Business School, UK

General session speech:
Climate Policy Risk and Power Investment, PDF file (2.5MB)

There are two related themes in this presentation. One is about policy crowding in the electricity sector due to the variety of instruments that governments are supporting to mitigate global warming. Some medium term simulation results show extreme policy risks associated with their potential interactions. The second theme explores what these risks imply for investment signals in the power sector, under the presumptions that investors may be risk averse to various degrees. It is suggested that subtle path dependent and pro-cyclical effects on market structure may emerge depending upon the mix of policies.

Technical co-sponsor




The MEPS'10 symposium meetings took place in the Congress Centre of Wroclaw University of Technology.

Wroclaw, Poland

 MEPS'10      © 2010 Wroclaw University of Technology Last updated: September 28, 2010 / mail to webmaster / 9003

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