|Sector:||Justice and Legal Affairs|
This study for the European Commission provides a new definition of vulnerable consumers, a new methodology for measuring consumer vulnerability and new insights into the actual patterns of consumer vulnerability. The large scale study employed stakeholder consultations, consumer surveys, focus groups and behavioural experiments across the EU28 plus Iceland and Norway
Study on the Impact of the Energy Label – and Potential Changes to It – on Consumer Understanding and on Purchase Decisions – January 2015
|Client:||EC DG Energy|
This behavioural economics study for the European Commission investigates the impact of potential changes to the EU energy label on consumer understanding and purchasing decisions. The pan-European study uses an online and field experiment combined with a consumer survey and focus groups to provide insights on the performance of alternative label designs.
Impact on Competition and Social Welfare of the Proposed ElecLink Interconnector Between Great Britain and France
|Client:||Ofgem and CRE|
Ofgem and CRE commissioned LE Europe to review and assess the modelling, assumptions and estimated impacts on the electricity market and electricity users of a interconnector between France and Great Britain proposed by ElecLink. The summary of the report can be downloaded in English above and in French at http://www.cre.fr/documents/consultations-publiques.
|Sector:||Functioning of retail markets|
|Client:||Department of Energy and Climate Change|
The report assesses the trends and position of the UK electricity and gas retail markets relative to comparable jurisdictions in terms of prices, competition and profitability. The study draws on several decades of publicly available data. The main comparator groups are the EU 15 and a selected OECD grouping based on comparability.
This report for Ofgem estimates the Value of Lost Load (VoLL) for domestic and SME, industrial and commercial (I&C), and electricity producing gas consumers. VoLL represents the value that gas users attribute to security of gas supply and the estimates could be used to provide a price signal about the adequate level of security of […]
Review of Company Surveys of Consumer Willingness to Pay to Reduce the Impacts of Transmission Infrastructure on Visual Amenity
In the context of potential measures to reduce the visual amenity impacts of existing transmission infrastructure, this LE Europe study for Ofgem provides a critical review of willingness to pay evidence provided to Ofgem by the transmission operators. The first step of the review involved determining a current best practice model for WTP studies assessing […]
|Client:||EC DG SANCO|
LE Europe, in cooperation with Ipsos, IBF Consulting and CRIOC, were commissioned by the EC DG Health and Consumers (SANCO) to examine the functioning of retail electricity markets in the European Union. Based on consumer surveys, stakeholder surveys and mystery shopping exercises carried out in the 27 Member States, the study shows that, although consumers […]
|Client:||Association of Independent Gas Transporters|
This report estimates the cost of capital for small independent gas transport (IGT)companies. The report was submitted to Ofgem as part of their consultation on the cost of capital for the legacy IGT sector in the UK as part of their normal 5-year review. LE Europe has estimated the weighted-average cost of capital (WACC) for […]
|Document type:||LE Publication (Working Papers and Economic Briefs)|
This LE Working Paper reports on research undertaken by LE and others for the European Commission inquiry into the state of competition in the EU’s electricity markets. It also presents new analysis on the economic foundations of the Residual Supply Index as a market structure variable. From 2005 to 2007
European Global Energy Symposium, Lisbon, October 9, 2007.