Energy Business, Regulation, and Society


The challenges in the emerging energy sector present an increasingly complex energy system. The future development and operation of the sector will need to balance and align the objectives and interests of business, economy, and societal interests. This complexity will continue to evolve in the context of changing market conditions, new business models, new technologies, new regulatory practices, the growing importance of societal acceptance, and thus the roles and interactions of the main actors in the sector. In this changing context, the role of market design, competition, economic regulation of networks, and consumer interest is critical and needs to be constantly revisited and adjusted. Digitalisation is also emerging as an enabler in this new setting and is expected to incentivise efficient behaviour and the materialisation of opportunities for business and society.

CSEI focuses on policy-relevant research and analysis to generate new evidence, perspectives and methodologies in the above areas. The research areas under this theme include:

  • Market design, competition, and network regulation
  • Fuel poverty
  • Energy efficiency and rebound effect
  • Social acceptance and consumer behaviour
  • Digitalisation

Work in progress

  • Rodríguez-Álvarez, A., Llorca, M. and Jamasb, T. (2021), Alleviating energy poverty in Europe: Front-runners and laggards, Copenhagen School of Energy Infrastructure (CSEI), CSEI Working Paper 2021-04 / Department of Economics Working Paper 12-2021, Copenhagen Business School.
  • Damsgaard, I., Scarpa, R. and Jamasb, T. Willingness to Pay for Aspects of Sustainability. Work in Progress

Selected publications

  • Jamasb, T. and Llorca, M. (2021), “The rebound effect in road freight transport”, in Vickerman, R. (ed.), International Encyclopedia of Transportation, pp. 402-406, 1st edition, Elsevier, Amsterdam.
  • Llorca, M., Baños, J., Somoza, J. and Arbués, P. (2017), “A stochastic frontier analysis approach for estimating energy demand and efficiency in the transport sector of Latin America and the Caribbean”, The Energy Journal, 38(5), 153-174.
  • Llorca, M. and Jamasb, T. (2017), “Energy efficiency and rebound effect in European road freight transport”, Transportation Research Part A: Policy and Practice, 101, 98-110.
  • Llorca, M., Rodríguez-Álvarez, A. and Jamasb, T. (2020), “Objective vs. subjective fuel poverty and self-assessed health”, Energy Economics, 87, 104736.
  • Lüth, A., & Jamasb, T. (2020). Crowd Balancing: A Model for Future Grids. Oxford Energy Forum (124), 31–34.
  • Orea, L., Llorca, M. and Filippini, M. (2015), “A new approach to measuring the rebound effect associated to energy efficiency improvements: An application to the US residential energy demand”, Energy Economics, 49, 599-609.
  • Rodríguez-Álvarez, A., Orea, L., and Jamasb, T. (2019), “Fuel poverty and well-being: A consumer theory and stochastic frontier approach”, Energy Policy, 131, 22-32.

For further information, please contact:

Tooraj Jamasb