Imperial College London


Business School

Head of the Department of Economics and Public Policy



+44 (0)20 7594 Website CV




415City and Guilds BuildingSouth Kensington Campus





Richard Green has been Professor of Sustainable Energy Business at Imperial College Business School since 2011.  He was previously Professor of Energy Economics and Director of the Institute for Energy Research and Policy at the University of Birmingham, and Professor of Economics at the University of Hull.  He started his career at the Department of Applied Economics and Fitzwilliam College, Cambridge.  He has spent time on secondment to the Office of Electricity Regulation and has held visiting appointments at the World Bank, the University of California Energy Institute and the Massachusetts Institute of Technology

He has been studying the economics and regulation of the electricity industry for over 30 years.  He has written extensively on market power in wholesale electricity markets and has also worked on transmission pricing.  More recently, the main focus of his work has been on the impact of low-carbon generation (nuclear and renewables) and energy storage on the electricity market, and the business and policy implications of this.

He was the 2016 Chair of the British Institute for Energy Economics.

He is a member of the team that produces Electric Insights, independent of but financed by Drax Group plc

Selected Publications

Journal Articles

Green R, Staffell I, 2021, The contribution of taxes, subsidies, and regulations to British electricity decarbonization, Joule, Vol:5, ISSN:2542-4351, Pages:2625-2645

Geske J, Green R, Staffell I, 2020, Elecxit: the cost of bilaterally uncoupling British-EU Electricity Trade, Energy Economics, Vol:85, ISSN:0140-9883, Pages:1-16

Geske J, Green R, 2020, Optimal storage, investment and management under uncertainty: it is costly to avoid outages!, Energy Journal, Vol:41, ISSN:0195-6574, Pages:1-28

Green RJ, Pudjianto D, Staffell I, et al., 2016, Market Design for Long-Distance Trade in Renewable Electricity, Energy Journal, Vol:37, ISSN:0195-6574, Pages:5-22

Staffell I, Green R, 2014, How does wind farm performance decline with age?, Renewable Energy, Vol:66, ISSN:0960-1481, Pages:775-786

Green R, Yatchew A, 2012, Support Schemes for Renewable Energy: An Economic Analysis, Economics of Energy and Environmental Policy, Vol:1, Pages:83-98

Green RJ, Vasilakos N, 2012, Storing Wind for a Rainy Day: What kind of electricity does Denmark export?, Energy Journal, Vol:33, ISSN:0195-6574, Pages:1-22

Green R, Hu H, Vasilakos N, 2011, Turning the wind into hydrogen: The long-run impact on electricity prices and generating capacity, Energy Policy, Vol:39, ISSN:0301-4215, Pages:3992-3998

GREEN RJ, NEWBERY DM, 1992, COMPETITION IN THE BRITISH ELECTRICITY SPOT MARKET, Journal of Political Economy, Vol:100, ISSN:0022-3808, Pages:929-953

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