Equilibrium effects in complementary markets: electric vehicle adoption and electricity pricing
28 Oct 2026
13:00 -14:00
Times are shown in local time
Open to: All
Room W2.01 (Cambridge Judge Business School)
Trumpington St
Cambridge
CB2 1AG
United Kingdom
Join our Economics and Policy seminar
Speaker: Associate Professor Kevin Remmy, University of Mannheim
About the seminar topic
Electric vehicles (EV) shift passenger transport from oil to electricity, linking vehicle adoption to hourly power-market conditions. We develop and estimate a joint equilibrium model of German vehicle demand and electricity supply in which driver-specific charging decisions map travel profiles and electricity prices into EV operating costs and load. A 10% EV stock raises wholesale prices by 3.3%, creating sizable cost spillovers on non-EV electricity users, but reduces EV adoption by less than 1%. Time-varying tariffs lower charging costs and shift load to cheaper hours. In equilibrium, EV adoption offsets much of the system-cost relief while redirecting generator profits toward renewables.
Speaker bio
Kevin Remmy is an Assistant Professor of Economics at the University of Mannheim. He is also a Research Affiliate at the Center for Economic Policy Research (CEPR) and the CESifo Research Network (Energy and Climate Economics). His main research fields are empirical industrial organisation and environmental economics. Kevin completed his PhD at Toulouse School of Economics in 2021.
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No registration required. If you have any questions about this seminar, please email Emily Brown.