New study: Multiple benefits of more energy efficient new buildings in Sweden

Energy requirements for new buildings is a primary policy instrument to influence the energy use in new buildings. Higher energy standards will typically lead to higher building costs, however, it will also result in a range of benefits (so-called multiple benefits).

An important, and so far unresolved, question is to what extent it is cost efficient to increase the energy requirements for new buildings in Sweden when taking the multiple benefits into account; benefits, which include lower local air pollution, lower CO2 emissions and health benefits from improved indoor air climate.

In this study, we analyse the multiple benefits for 16 existing low-energy buildings in Sweden.

Learn more about the study

For further information, please contact Martin Bo Westh Hansen

Copenhagen Economics has successfully advised Visita on the challenge of’s price parity clause

On 20 July, the Swedish Patent and Market Court ruled that’s price parity clause enforced on Swedish hotels was anti-competitive and in breach of Article 101 TFEU.

By restricting hoteliers from offering a lower price on its own online channel than on, the clause had the potential effect of softening competition both between and other online travel agents (OTA’s) and between hotels. Further, the clause did not produce any pro-competitive effects that could mitigate the restriction on competition.

On behalf of Visita, the association of Swedish hotels and restaurants, Copenhagen Economics submitted several expert opinions and provided expert testimony.

Sweden is one of several EU jurisdictions where’s price parity clauses have been challenged.

For more information, please contact David Nordström or Karl Lundvall

Copenhagen Economics has successfully advised a major electricity company in a state aid proceeding

Copenhagen Economics has successfully advised the Republic of Serbia and Elektroprivreda Srbije (EPS), one of the largest companies in the energy sector in the Balkans. Thorough economic analysis combined with expert legal advice had a significant impact on the decision of the authorities to close a state aid investigation against EPS.

On 25 June 2018, the Secretariat of the Energy Community announced that it had closed the case regarding three alleged state aid measures from the Republic of Serbia to EPS. Two of the measures related to the improvement of environmental protection and exploitation technology at the ‘Kolubara’ mining basin, whereas the third related to a transfer of property ownership.

During the investigation, Copenhagen Economics cooperated closely with a team of legal experts from Gecic Law. In particular, Copenhagen Economics produced an economic expert report containing an in-depth assessment of the three measures. The legal and economic arguments put forward by Copenhagen Economics together with Gecic Law convincingly led to the decision by the Secretariat of the Energy Community to close the case. The first two measures were found to be compliant with state aid rules, whereas the third measure was deemed not to constitute state aid.  

For more information on the case, please see webpage of Gecic Law or contact Adina Claici.

New vacancy: Talented interns with an interest in competition or regulated sectors

We are looking for two talented interns to join our Copenhagen office from October 2018 for minimum three months.

Working with us, you will be part of an international team of economists and get first-hand experience in working on projects ranging from competition or dispute support cases to energy and climate regulation. We will give you a chance to experience how our economic consultants work, from data collection over analysis to presenting our findings, and you will learn how to apply economic analysis in various cases.

A working experience with us will allow you to understand whether you would like to pursue a career in economic consulting.

Learn more about this position

For further information, please contact Stine Fechtenburg Pedersen

New study: Report on USO net costs in Iceland

Changing communication habits of businesses and private individuals are transforming postal markets throughout Europe. Despite necessary changes in regulatory frameworks, the universal service obligation (USO) still puts a strong constraint on many postal operators, preventing them from acting in the commercially most optimal way.

In Iceland, the only viable option for the government to reduce the USO burden in the long run will be through direct compensation of USO net costs. Not compensating the USO burden may threaten the future quality of service and affect the long-term competitiveness of Iceland Post.

These are some of the main conclusions in our recent study on USO net costs in Iceland.

Learn more about this study

For further information, please contact Anna Möller Boviei