Mar Reguant Rido

Mar Reguant Rido

Institut d'Anàlisi Econòmica

Social & Behavioural Sciences

Mar Reguant (PhD in Economics, MIT, 2011) is an expert in the areas of electricity market design and climate policy. She has previously worked at Stanford GSB and the Toulouse School of Economics, and Northwestern University. She is now an ICREA researcher at IAE-CSIC and a professor (part-time) at Northwestern. She has received numerous awards, including a Presidential Early Career Award for Science and Engineering (PECASE, 2019), an ERC Consolidator grant in 2021, and the Catalan National Prize of Research (Young Talent) in 2023.

Research interests

Prof. Reguant’s research agenda is focused on the study of energy markets (and other energy-intense industries) and how they interact with environmental and climate policies. She develops quantitative models and tools to study and quantify the impacts of various policies. She has examined the impact of carbon prices on electricity markets, the exercise of market power by power plants in the presence of dynamic costs, the interaction between market power and leakage in cap-and-trade regulations, and the impacts of market power in sequential markets. She also studies the unequal impacts of climate policies.
I put special emphasis on how machine learning tools can contribute to our analysis of these markets. For example, over the last years, she has published work studying the impact of energy efficiency policies using a diff-in-diff machine-learning framework which she studies in her ERC grant, “ENECML: Understanding the Energy Transition with a Machine Learning Toolbox”.

Selected publications

– Gonzales LE, Ito K & Reguant M 2023, ‘The Investment Effects of Market Integration: Evidence From Renewable Energy Expansion in Chile’, Econometrica, 91, 5, 1659 – 1693.
– Bergheimer S, Cantillon E & Reguant M 2023, ‘Price and quantity discovery without commitment*’, International Journal Of Industrial Organization, 90, 102987.

Selected research activities

– Keynote at the Bank of England and the London School of Economics Environment Week on “Challenges and successes of the energy transition”.
– Inaugural lecture at UAB PhD program IDEA and at BSE incoming master’s class.
– Director of the master’s in Energy, Climate Change and Sustainability at the Barcelona School of Economics.
– Vicepresident of Climate Change at the Center for Economic Policy Research.
– Co-editor at the Journal of the Association of Environmental and Resource Economists and Associate Editor at RAND and Board member at ReStud, AEJ:Applied and JEL.