Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
Please note that all times are shown in the time zone of the conference. The current conference time is: 24th Aug 2026, 01:49:54am WEST
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Daily Overview |
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Thematic Session: Electricity Pricing, Consumer Behavior, and Distributional Impacts (Streaming) Location: B008 Session Chair: Jesse Buchsbaum, Resources for the Future | |
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Unpacking the Distributional Implications of the Energy Crisis: Lessons from the Iberian Electricity Market 1: CEMFI; 2: Universidad Carlos III de Madrid; 3: University of Mannheim The 2021-2023 European energy crisis, triggered by the war in Ukraine, led to broad policy interventions in energy markets. In contrast to the retail-side measures and public transfers implemented elsewhere, Spain and Portugal targeted the wholesale electricity market through the so-called Iberian solution. We quantify the distributional implications of the crisis and this market intervention on Spanish electricity firms and across consumer groups. We find that the crisis shifted substantial wealth from consumers to generators, with regressive impacts among consumers. Conversely, the policy’s relief was progressive, delivering larger gains to lower-income groups. | |