Nils-Henrik M. von der Fehr

Professor

Norwegian version of this page

Email nhfehr@econ.uio.no

Mobile phone +47 90 99 75 82

Room 1113

Username

Visiting address Moltke Moes vei 31 0851 Oslo

Postal address PO box 1095 Blindern 0317 Oslo

Press photo Download business card

Academic Interests

Microeconomics, Industrial Economics, Regulation, Competition Policy.

Courses taught

Background

Head of Department, Department of Economics, University of Oslo 2008-
Professor, University of Oslo, 1998-
Visiting Fellow, Nuffield College, Oxford University, 1998-99
Assistant Professor, University of Oslo, 1992-1996
Dr. polit, University of Oslo, 1992
Cand. oecon., University of Oslo, 1987

Positions held

Editorial Board member, Journal of the European Economics Association, 2006-
Member of the Board of Petoro AS, 2005-
Member of European Energy Institute 2005-
Chairman of the Committee on Competition Between Public and Private Entities for the Ministry of Administration, 2004-5
Member of the Dutch Electricity Market Surveillance Committee, 2001-5
Chairman of the Committee on Tax Collection (Skatteoppkrevingsutvalget), 2003-4
Editorial Board member, International Journal of Industrial Organization, 1995-2004
Chairman of the Committee On Competition in the Electricity Sector for the Ministry of Administration, 2003
Mayor of Hurdal, 1999-2003
Member of the Prime Ministers Forum for Growth, 1995-8

Awards

Winner of the Norwegian Economic Society award for best article, 1981

Tags: Economics, Resources Energy and Environment, Industry Market and Competition, Economic Policy

Natalia Fabra, Nils-Henrik von der Fehr and María-Ángeles de Frutos, "Market design and investment incentives", The Economic Journal 121 (December), 2011, 1340-1360 (DOI:10.1111/j.1468-0297.2011.02450.x)
Fridrik M Baldursson and Nils-Henrik M. von der Fehr, "Prices vs. quantities: Public finance and the choice of regulatory instruments", European Economic Review 52(7), 2008, 1242-1255
Fridrik M Baldursson and Nils-Henrik M von der Fehr, "A Whiter Shade of Pale: On the Political Economy of Regulatory Instruments", Journal of the European Economic Association 5(1), 2007, 37-65
Nils-Henrik M von der Fehr, Natalia Fabra and David C Harbord, "Designing electricity auctions", RAND Journal of Economics 37, 2006, 23-46
Fridrik M Baldursson and Nils-Henrik M von der Fehr, "Prices versus quantities: the irrelevance of irreversibility", The Scandinavian Journal of Economics 106(4), 2004, 805-821
Fridrik M Baldursson and Nils-Henrik M von der Fehr, "Price volatility and risk exposure: on market-based environmental policy instruments", Journal of Environmental Economics and Management 48(1), 2004, 682-704
Dag Morten Dalen, Espen Moen and Nils-Henrik M von der Fehr, "Regulation with wage bargaining", The Economic Journal 113, 2003, 525-538
Lise Sandsbråten and Nils-Henrik M von der Fehr, "Water on fire: gains from electricity trade", The Scandinavian Journal of Economics 99(2), 1997, 281-297
Kai-Uwe Kühn and Nils-Henrik M von der Fehr, "Coase vs. Pacman - who eats whom in the durable goods monopoly", Journal of Political Economy 103(4), 1995, 785-812
David Harbord and Nils-Henrik M von der Fehr, "Spot market competition in the UK electricity industry", The Economic Journal 103, 1993, 531-546

Pollitt, Michael; von der Fehr, Nils-Henrik M.; Willems, Bert; Banet, Catherine; Le Coq, Chloé & Chyong, Chi Kong (2024). Recommendations for a future-proof electricity market design in Europe in light of the 2021-23 energy crisis. Energy Policy. ISSN 0301-4215. 188. doi: 10.1016/j.enpol.2024.114051. Full text in Research Archive Show summary
In this paper, we discuss electricity market design in Europe in light of the 2021-23 energy crisis, drawing on several of our Centre on Regulation in Europe (CERRE) reports. We outline the relevant theoretical background with respect to wholesale electricity markets, retail electricity markets, excess profits regulation, renewables support schemes and emergency interventions. We next outline the responses of the European Union, France, Norway, the Netherlands and Great Britain to the crisis. This allows us to make a number of recommendations about the future design of the electricity market in the light of theory and recent experience. These include a role for long-term contracts, the extension of the single market, the place for increased price granularity, appropriate energy taxation and the necessity of better monitoring of National Energy and Climate Plans to ensure adequate aggregate investment.
von der Fehr, Nils-Henrik M. & Crampes, Claude (2023). Decentralised Cross-Border Interconnection. Energy Journal. ISSN 0195-6574. 44(4), p. 147–170. doi: 10.5547/01956574.44.4.ccra. Full text in Research Archive
Baldursson, Fridrik; von der Fehr, Nils-Henrik M. & Lazarczyk, Ewa (2021). Electric Vehicles Rollout - Two Case Studies. Economics of Energy & Environmental Policy. ISSN 2160-5882. 10(2), p. 133–148. doi: 10.5547/2160-5890.10.2.FBAL.
Baldursson, Fridrik M. & von der Fehr, Nils-Henrik M. (2018). Natural resources and sovereign expropriation. Journal of Environmental Economics and Management. ISSN 0095-0696. 92, p. 580–607. doi: 10.1016/j.jeem.2017.08.004. Full text in Research Archive
von der Fehr, Nils-Henrik M. (2017). Under Pressure: European Electricity Markets and the Need for Reform. In Parry, Ian; Pittel, Karen & Vollebergh, Herman R. J. (Ed.), Energy Tax and Regulatory Policy in Europe: Reform Priorities. MIT Press. ISSN 978-0-262-02788-5. p. 67–94.
von der Fehr, Nils-Henrik M. & Ropenus, Stephanie (2017). Renewable Energy Policy Instruments and Market Power. The Scandinavian Journal of Economics. ISSN 0347-0520. 119(2), p. 312–345. doi: 10.1111/sjoe.12188. Full text in Research Archive
von der Fehr, Nils-Henrik M. (2014). Overraskelsesauksjonen. Samfunnsøkonomen. ISSN 1890-5250. 128(2), p. 15–26.
von der Fehr, Nils-Henrik M. (2013). Transparency in Electricity Markets. Economics of Energy & Environmental Policy. ISSN 2160-5882. 2(2), p. 71–89. doi: 10.5547/2160-5890.2.2.5.
von der Fehr, Nils-Henrik M. (2013). Vertikale relasjoner. In Pettersen, Ivar (Eds.), Dagligvarehandel og mat 2013. Norsk institutt for landbruksøkonomisk forskning. ISSN 978-82-7077-846-1. p. 116–134. Show summary
Norsk dagligvarehandel lever av å formidle mat og andre dagligvarer til norske forbrukere og har stor betydning for forbrukernes dagligvaretilbud. Tilgjengelighet og utvalg, pris og kvalitet avhenger av tilpasningen i dagligvarehandelen. I tillegg avhenger lokale handels- og servicemiljøer av dagligvarehandelens lokaliseringsbeslutninger. Dagligvarehandelen stiller også i økende grad premissene for utviklingen av matindustrien. I denne rapporten gis en bred dokumentasjon av dagligvarehandelens plass i norsk økonomi og samfunn generelt og i norsk matsektor spesielt.
Baldursson, Fridrik & von der Fehr, Nils-Henrik M. (2012). Price Volatility and Risk Exposure: On the Interaction of Quota and Product Markets. Environmental and Resource Economics. ISSN 0924-6460. 52(2), p. 213–233. doi: 10.1007/s10640-011-9525-3.
Fabra, Natalia; von der Fehr, Nils-Henrik M. & María-Ángeles, de Frutos (2011). Market design and investment incentives. Economic Journal. ISSN 0013-0133. 121, p. 1340–1360. doi: 10.1111/j.1468-0297.2011.02450.x.
von der Fehr, Nils-Henrik M. (2010). TINE-saken - regulering, prisdannelse og dominans. Samfunnsøkonomen. ISSN 1890-5250. 64(9), p. 13–23.
von der Fehr, Nils-Henrik M. & Hansen, Petter Vegard (2010). Electricity Retailing in Norway. Energy Journal. ISSN 0195-6574. 31(1), p. 25–45.

View all works in Cristin

von der Fehr, Nils-Henrik M. (2020). Byggkvalitetsutvalgets innstilling.
von der Fehr, Nils-Henrik M. (2020). Energy Infrastructure Regulation.
von der Fehr, Nils-Henrik M. (2020). Market Abusive Practices.
von der Fehr, Nils-Henrik M. (2019). Marked, integrasjon og koordinering.
von der Fehr, Nils-Henrik M. (2019). Universitetsektor og instituttsektor: Ild og vann?
von der Fehr, Nils-Henrik M. (2019). Creating the Right Incentives with Regulatory Instruments.
von der Fehr, Nils-Henrik M. (2018). Financial and Regulatory Risk in Energy – The Case of Norway.
von der Fehr, Nils-Henrik M. (2015). Fristilling – og litt til.
von der Fehr, Nils-Henrik M. (2015). The German Energy Reform and the European Energy Union – Opportunities and Pitfalls.
von der Fehr, Nils-Henrik M. (2015). Energy Union and newest policy initiatives at EU level.
von der Fehr, Nils-Henrik M. (2015). Europe’s Experience with Retail Energy Markets.
von der Fehr, Nils-Henrik M. (2015). DLF-rapport plukket ned av forskere. [Internet]. Virke.
von der Fehr, Nils-Henrik M. (2015). Full krig om pris i matbransjen. [Newspaper]. Nationen.
von der Fehr, Nils-Henrik M. (2015). Hvis folk kjøper ferdigkuttet salat fremfor et salathode, øker også prisene. [Internet]. Nettavisen.
von der Fehr, Nils-Henrik M. (2014). Omstrukturering av nettvirksomheten - samfunnsmessige og bedriftsmessige tap og gevinster?
von der Fehr, Nils-Henrik M. (2014). Competition in the energy retail markets: is it still possible?
von der Fehr, Nils-Henrik M. (2014). Reforming Electricity Markets.
von der Fehr, Nils-Henrik M. (2014). Cost Benefit Analysis in the context of the EU Energy Infrastructure Package.
von der Fehr, Nils-Henrik M. (2014). Fleksibilitet på etterspørselssiden i kraftmarkedet.
von der Fehr, Nils-Henrik M. (2014). 1st Evaluation of the 1st Energy Infrastructure Package.
von der Fehr, Nils-Henrik M. (2014). Frekvensauksjoner.
von der Fehr, Nils-Henrik M. (2014). Meeting the challenges of demand-side flexibility.
von der Fehr, Nils-Henrik M. (2014). Samfunnsøkonomiske analyser.
von der Fehr, Nils-Henrik M. (2014). Intermittency, Flexibility and Market Design.
von der Fehr, Nils-Henrik M. (2014). Electricity Market Flexibility.
von der Fehr, Nils-Henrik M. (2014). Effektivitetsgevinster etter konkurranseloven § 16.
von der Fehr, Nils-Henrik M. (2014). Wholesale Competition and Retail stasis.
von der Fehr, Nils-Henrik M. (2014). Electricity Markets for Flexibility: an Academic Perspective.
von der Fehr, Nils-Henrik M. (2014). Green Certificates, Vertical Relations and Market Power.
von der Fehr, Nils-Henrik M. (2014). Aksjeinteressene til pensjonsfondets leder. [TV]. NRK.
von der Fehr, Nils-Henrik M. (2014). Aksjeinteressene til pensjonsfondets leder. [Radio]. NRK.
von der Fehr, Nils-Henrik M. (2014). Norske foreldre trenger ikke å være strenge. [Newspaper]. Aftenposten.
von der Fehr, Nils-Henrik M. (2014). Solbergs ektemann nekter å offentliggjøre aksjeinvesteringer. [Internet]. NRK.
von der Fehr, Nils-Henrik M. (2014). Jobbsikkerhet vil gå ut over lønningene. [Newspaper]. E24.
von der Fehr, Nils-Henrik M. (2014). Vil gjøre det lettere for unge forskere å få fast jobb. [Newspaper]. Aftenposten.
von der Fehr, Nils-Henrik M. (2014). Tror ikke på priskrig mellom ferjene. [Newspaper]. Sandefjords blad.
von der Fehr, Nils-Henrik M. (2014). Mangel på jobbsikkerhet. Aftenposten (morgenutg. : trykt utg.). ISSN 0804-3116.
von der Fehr, Nils-Henrik M. (2014). Book Review of "Evolution of Global Electricity Markets-New Paradigms, New Challenges, New Approaches". Economics of Energy & Environmental Policy. ISSN 2160-5882. 3(1).
von der Fehr, Nils-Henrik M. (2014). Book Review of "The Economics of Electricity Markets-Theory and Policy". Economics of Energy & Environmental Policy. ISSN 2160-5882. 3(1).
von der Fehr, Nils-Henrik M. (2013). En fri og uavhengig regulant?
von der Fehr, Nils-Henrik M. (2013). Theoretical background for economic regulation: why do we do it, and how can it be done?
von der Fehr, Nils-Henrik M. (2013). Hva er samfunnsøkonomisk lønnsomt?
von der Fehr, Nils-Henrik M. (2013). Regulation as Coordination: Comment.
Bjørnenak, Trond & von der Fehr, Nils-Henrik M. (2013). Konkurranse på ulike vilkår. Dagens næringsliv. ISSN 0803-9372.
von der Fehr, Nils-Henrik M. (2013). Who Should Pay for Transmission?
von der Fehr, Nils-Henrik M. (2013). Market Abuse: an Economic Perspective.
von der Fehr, Nils-Henrik M. (2013). Electricity Transmission Pricing.
von der Fehr, Nils-Henrik M. (2013). Challenges in European Energy Policy.
von der Fehr, Nils-Henrik M. (2013). The Combinatorial Clock Auction: a Critique.
von der Fehr, Nils-Henrik M. (2013). Vertikale relasjoner i verdikjeden for mat: Reguleringsbehov og konkurransepolitikk.
von der Fehr, Nils-Henrik M. (2013). Challenges in European Energy Policy: Transparency.
von der Fehr, Nils-Henrik M. (2013). Cost Benefit Analysis of Electricity (& Gas) Infrastructure Projects.
von der Fehr, Nils-Henrik M. (2012). Her har Hagen full kontroll. [Newspaper]. VG.
von der Fehr, Nils-Henrik M. (2012). Offentlig-privat samarbeid. [Radio]. NRK Østlandssendingen.
von der Fehr, Nils-Henrik M. (2012). Scandinavia on $125 a Day. [Newspaper]. New York Times.
von der Fehr, Nils-Henrik M.; Gabrielsen, Tommy Staahl & Sørgard, Lars (2012). Ensidig utvalg. Dagens næringsliv. ISSN 0803-9372. Show summary
Matkjedeutvalget neglisjerer etablert kunnskap.Dermed blir analysen mangelfull, ensidig og gir gale konklusjoner, spesielt når det gjelder forbrukernes interesser, skriver økonomiprofessorene.
von der Fehr, Nils-Henrik M.; Gabrielsen, Tommy Staahl & Sørgard, Lars (2012). Lovforslag rammer kundene. Dagens næringsliv. ISSN 0803-9372.
von der Fehr, Nils-Henrik M. (2012). What Are the Economic Drivers of Storage? An Academic View.
von der Fehr, Nils-Henrik M. (2012). An Evaluation of the Basis for a Further Ban On Loyalty Programmes in the Norwegian Domestic Airline Industry.
von der Fehr, Nils-Henrik M. (2012). Fungerer konkurransepolitikken i henhold til formålet?
von der Fehr, Nils-Henrik M. (2012). Matkjedeutvalgets analyseramme.
von der Fehr, Nils-Henrik M. (2011). Regulering, prisdannelse og dominans : svar til Tretteteig og Lilleborge, Samfunnsøkonomen nr. 4 2011. Samfunnsøkonomen. ISSN 1890-5250. 125 (65)(8), p. 20–21.
von der Fehr, Nils-Henrik M. (2010). Procedures to mitigate market power.
von der Fehr, Nils-Henrik M. (2010). Transparency in electricity markets.
von der Fehr, Nils-Henrik M. (2010). The TINE Case: Idiosyncrasies.
von der Fehr, Nils-Henrik M. (2010). The TINE Case: Regulation, Price Formation and Dominance.
von der Fehr, Nils-Henrik M. (2010). Må reguleringen endres for å nå målene?
von der Fehr, Nils-Henrik M. (2010). Erfarenheter från centralisering av upphandling i Norge.
von der Fehr, Nils-Henrik M. (2010). Erfaringer fra rammeforsøket i Hurdal 2000-2003.
von der Fehr, Nils-Henrik M. (2010). Formação de Preço de Curto Prazo na Energia Elétrica no Brasil: uma análise comparativa.
von der Fehr, Nils-Henrik M. (2010). Offentlige prosjekter i privat utførelse – noen prinsipielle betraktninger.
von der Fehr, Nils-Henrik M. (2010). Incentive-Based Regulation in the Future: So What (Where Do We Go From Here)?
von der Fehr, Nils-Henrik M. (2010). Taking Stocks Looking Ahead on Climate Change Policy Impact.
von der Fehr, Nils-Henrik M. (2010). Offentlig-privat samarbeid – noen prinsipielle betraktninger.
von der Fehr, Nils-Henrik M. (2010). Krisen på Island. [Radio]. NRK Dagsnytt 18.
von der Fehr, Nils-Henrik M. (2009). Situasjonen på Island. [Radio]. Dagsnytt 18.
von der Fehr, Nils-Henrik M. (2009). Systemskifte i sikte. [Newspaper]. Dagsavisen.
von der Fehr, Nils-Henrik M.; Banet, Catherine; Le Coq, Chloé; Pollitt, Michael & Willems, Bert (2022). Retail Energy Markets under Stress: Lessons Learnt for the Future of Market Design. Centre on Regulation in Europe (CERRE). Show summary
The report is part of a research project focused on both wholesale and retail European energy markets, with the aim to formulate policy recommendations for the future of market design. The paper aims to address and provide some initial answers to the below research questions: - How well have European retail electricity markets been coping with the current energy crisis? How have governments responded to increasing prices? - What short-term measures can governments take to soften the impact of high energy prices? - What long-term measures can governments take to protect consumers from high energy prices? - What should be the role of the EU vs. the Member States? - What legal constraints are imposed by EU directives and regulations? - Do we need to regulate the risk exposure of suppliers? What are the options for doing this? The authors provide a brief discussion on energy retailing, before presenting four country experiences: France, Norway, the Netherlands and Great Britain. Based on these experiences, the paper subsequently attempts to draw lessons and identify challenges and opportunities for retail markets going forward.
von der Fehr, Nils-Henrik M.; Dørum, Øystein; Ebbing, Marta; Elmeskov, Jørgen; Fagernæs, Sven Ole & Russwurm, Sigrid [Show all 8 contributors for this article] (2018). NOU 2018:7. Ny lov om offisiell statistikk og Statistisk sentralbyrå : utredning fra utvalg oppnevnt ved kongelig resolusjon 9. september 2016 : avgitt til Finansdepartementet 19. mars 2018. Departementenes sikkerhets- og serviceorganisasjon.. ISSN 978-82-583-1359-2.
Ulltveit-Moe, Karen Helene & von der Fehr, Nils-Henrik M. (2017). Effektivitet i distrikts- og regionalpolitikken. Finansdepartementet.
Bjørnenak, Trond; von der Fehr, Nils-Henrik M.; Moen, Espen R & Riis, Christian (2013). Plan eller marked? Om reguleringsregimet for markedet for videreforedling av melk. Hovedorganisasjonen Virke. ISSN 978-82-7770-060-1.
Bjørnenak, Trond & von der Fehr, Nils-Henrik M. (2011). Betaling for distribusjon av TV2 i kabelnettene - prinsipielle og praktiske betraktninger. Universitetet i Oslo.
von der Fehr, Nils-Henrik M. & Harbord, David Cameron (2010). Regulation and Incentives for Investment in the Colombian Gas Transport Network. Colombian Comisión de Regulación de Energía y Gas (CREG).
von der Fehr, Nils-Henrik M. (2010). Information provision in electricity markets - an economic analysis. Statkraft.
von der Fehr, Nils-Henrik M. (2010). Den økonomisk reguleringen av strømnettet - en gjennomgang. Olje- og energidepartementet.
von der Fehr, Nils-Henrik M. & Baldursson, Fridrik M. (2009). Price Volatility and Risk Exposure: on the Interaction of Quota and Product Markets. Økonomisk institutt, Universitetet i Oslo. ISSN 0809-8786.
von der Fehr, Nils-Henrik M. & Hansen, Petter Vegard (2009). Electricity Retailing in Norway. Økonomisk institutt, Universitetet i Oslo. ISSN 0809-8786.

View all works in Cristin

Published Oct. 14, 2010 10:09 AM - Last modified Dec. 11, 2023 12:17 AM

Projects

No ongoing projects