Riccardo Faini CEIS Seminar - Michael Waterson 15 November 2013


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  • From: "Barbara Piazzi" < >
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  • Subject: Riccardo Faini CEIS Seminar - Michael Waterson 15 November 2013
  • Date: Mon, 11 Nov 2013 17:32:22 +0100

CEIS-Tor Vergata is pleased to inform you that, on Friday November 15th, 2013 at 12.00 pm, prof. Michael Waterson (University of Warwick) will present a paper on “Energy market fallout from the Japanese earthquake: the 'Atomausstieg’”

 

ABSTRACT

 

The German response to the Fukushima nuclear power plant incident was possibly the most significant change of policy towards nuclear power outside Japan, leading to a sudden and very significant shift in the underlying power generation structure in Germany. This provides a very useful natural experiment on the impact of changing the proportions of conventional fuel inputs for power production, helping us to see how changed proportions in future as a result of policy moves in favour of renewables are likely to impact. We find through exploration of a conventional demand- supply framework that despite the swift, significant change, the main impact was a relatively modest increase in prices occasioned by a shift of the supply curve; there were no appreciable quantity effects on the market, such as power outages, despite some views that the impacts would be significant.

 

The Seminar will be held at the Faculty of Economics, University of Rome "Tor Vergata", B-building, 1° floor, room B                    

 

Please, go to www.ceistorvergata.it for the complete list of seminars and events at CEIS.

How to reach us: http://web.uniroma2.it/mobilita/index.html  http://www.economia.uniroma2.it/area.asp?a=867  

 

 

Barbara Piazzi
CEIS-Tor Vergata
FacoltĂ  di Economia
UniversitĂ  di Roma Tor Vergata
via Columbia, 2
00133 Roma
tel +39.06.7259.5652
fax +39.06.2020687



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