Research

Publications:

• Small-scale electricity generation, electric vehicles and efficiency in electricity distribution in Sweden, with Tommy Lundgren (accepted for publication in Journal of Productivity Analysis)

• Söderberg, M and Vesterberg, M (2023) "How demand uncertainty influences electricity network prices under revenue-cap regulation: The case of Sweden". Energy Economics

• Karimu, A, Krishnamurthy, C.K and Vesterberg, M.  (2022) ”Hourly Demand for Electricity in Sweden: Implications for Load, Welfare and Emissions”. The Energy Journal

• Lanot, G. and Vesterberg, M. (2021) “The price elasticity of electricity when marginal incentives are very large”. Energy Economics

• Brännlund, R and Vesterberg, M (2021) “Peak and off-peak demand for electricity: Is there a potential for load shifting?”. Energy Economics

• Vesterberg, M., Zhou, W., & Lundgren, T. (2021) ”Wind of change: Small-scale electricity production and distribution-grid efficiency in Sweden”. Utilities Policy

• Lanot, G and Vesterberg, M (2019) “An empirical model of the decision to switch between electricity tariffs”. Journal of Business Analytics 

• Kiran B. Krishnamurthy, C, Vesterberg, M, Böök, H, V. Lindfors, A, Svento, R (2018) “Real-Time Pricing Revisited: Demand Flexibility in the Presence of Micro-Generation” Energy Policy

• Vesterberg, M (2018) “The effect of price on electricity contract choice”. Energy Economics

• Vesterberg, M and Kiran B. Krishnamurthy, C (2016) ”Residential end-use electricity demand: the implications for real time pricing in Sweden”. Energy Journal 

• Vesterberg, M (2016) “The hourly income elasticity of electricity”. Energy Economics

Work in progress

• The effect of environmental protection expenditures on industrial employment in Sweden, with Tommy Lundgren, Hanna Lindström, Moriah Bostian and Golnaz Amjadi (under review in Environmental and Resource Economics) 

• Macroeconomic effects of fiscal policy under an energy supply shock, with Johan Gustafsson, Xiaofei Ma and Junior Maih (under review in Energy Economics)

• Scale properties and efficient network structures in the Swedish electricity distribution market, with Magnus Söderberg (under review in Energy Policy)

• The dynamics of industrial factor demand in Sweden, with Tommy Lundgren and Hanna Lindström

• The effect of price on individual preferences: evidence from the Swedish electricity market, with Magnus Söderberg and Petyo Bonev

Policy reports

• Vesterberg, M (2020) Den svenska elmarknaden: Är hushållen en kraft att räkna med? SNS report

• Broberg, T, Brännlund, R, Kazukauskas, A, Persson, L and Vesterberg, M (2014) ”En elmarknad I förändring – Är kundernas flexibilitet till salu eller ens verklig?”

Visiting positions

• ESSCA Lyon, France, 2023. Hosted by Assistant Professor Xiaofei MA.

• Basque Centre for Climate Change (BC3), Spain, 2018. Hosted by PhD Sebastien Foudi at BC3

• Managi Lab, Kyushu University, Japan, 2017. Hosted by prof. Shunsuke Managi at the Department of Urban Engineering.

• University of California, Berkeley, 2015. Hosted by prof. Peter Berck at Department of Agriculture and Resource Economics

Research grants

• Formas, €196 000 for the project “Electrification of private transports: prices, policy and equity”, main applicant (2024-2026)

• Energimyndigheten, €65 500 for the project ”Households’ reactions to high electricity prices”, co-applicant (2022-2023)

• Industrial Doctoral School, €280 000 for the PhD project "Efficient grid use and demand flexibility in local electricity grids", main applicant (2022-2026)

• Handelsbanken, €235 000 for the PhD project "Economic Implications of the Green Transition", co-applicant (2022-2024)

• Forte, €305 000 for the project "Green transition and impacts on industrial labor demand", co-applicant (2022-2024)

• Umeå University Research Support and Collaboration Office, €7 500 in seed-money, co-applicant (2021)

• Energimyndigheten, €165 000 for the project "Regulation of electricity distribution for the future: prosumers and demand uncertainty", main applicant (2021-2023)

• USBE Research Institute, €3000 in seed-money, co-applicant (2020)

• Wallander scholarship, €140 000 (The scholarship is awarded based on the doctoral thesis)

• Energimyndigheten SamspEL €330 000 for the project "Pricing and demand flexibility in a system dominated by renewable electricity production", co-applicant (2017-2020)

• Handelsbanken’s research fund €200 000 for the project "Consumer choice and network tariff under a natural monopoly: An empirical exploration for the Swedish electricity market", co-applicant (2017-2020)