Markets
Report
Powering through: how to restore confidence in the National Electricity Market
Urgent action is needed to reduce the risk of power blackouts and restrictions across eastern Australia this summer, but there is an acute danger of politicians panicking and rushing to decisions that push electricity prices higher and make it harder to reduce Australia’s emissions.
Report
Creating a culture of independence: practical guidance against undue influence
The independence of regulators is constantly under stress. This report provides practical advice on how to address stress points and protect economic regulators from undue influence, drawing on the experience of over 80 regulators that participate in the OECD Network of Economic Regulators.
Report
Facilitating end user deployment of off‐site renewable generation: final project report
Internationally, there is a trend towards end users procuring electricity from offsite Renewable Energy (RE) facilities located at physical premises distinct from the point of end use. In 2015, end user Power Purchase Agreements (PPAs) in the United States underpinned more new wind capacity than renewable energy portfolio standards (RPS). First mover companies such as...
Report
Electricity Market Design and Renewable Energy Deployment
This report discusses electricity market design and regulation under high volumes of variable renewable energy sources (VRE) such as wind and solar power. It includes policy recommendations on how to reform current market and regulatory frameworks in order to accommodate high shares of VRE, in a timely, cost-effective and secure fashion. Recommendations differentiate between countries...
Working paper
Information effects of the Basel bank capital and risk pillar 3 disclosures on equity analyst research – an exploratory examination
An important component of the framework of capital measurement and capital standards is the public disclosure of regulatory information. The standard sets minimum requirements for the public disclosure of information on banks’ risk profile, risk management, capital adequacy, capital instruments and remuneration practices so as to contribute to the transparency of financial markets and to...