Natalia Fabra

Full Professor (ERC - Santander Chair)
Energy Economics, Electricity Markets, Industrial Organization, Regulation and Competition
+34 91 624 57 36 Office: 15.2.21
Personal website - Currículum Vitae - Research and Publications


Natalia Fabra is Professor at the Economics Department of Universidad Carlos III de Madrid. She obtained her PhD in Economics in 2001 at the European University Institute (Florence).

Natalia works in the field of Industrial Organization, with emphasis on Energy and Environmental Economics, and Regulation and Competition Policy issues. She has received the 2014 Sabadell-Herrero Prize for Best Young Spanish Economist, and the 2014 Julián Marías Prize for best young researcher in the field of Humanities and Social Sciences in the Madrid region.

Natalia is Research Fellow at the Centre for Economic Policy Research (CEPR), Associate Editor of the Journal of Industrial Economics, and editor of the RePEc's New Economic Papers on Regulation.

During 2018-2023, Natalia Fabra is the Principal Investigator in the ERC project "Current Tools and Policy Challenges in Electricity Markets"


Main Publications

Fabra, N., and Imelda (2022) “Market Power and Price Exposure: Learning from Changes in Renewables Regulation“, American Economic Journal: Economic Policy.

Fabra, N. and Llobet, G. (2022) “Auctions with Privately Known Capacities” The Economic Journal.

Fabra, N., and Montero, J. P. (2022) “Technology Neutral versus Technology Specific Procurement“, The Economic Journal. 

Fabra, N., and Andrés-Cerezo, A. (2022) “Storing Power: Markets Structure Matters“, RAND Journal of Economics. Forthcoming.

Fabra, N., and Reguant, M. “Pass-through of Emissions Costs in Electricity Markets”. American Economic Review 2014.


Recent Research

The Distributional Impacts of Real Time Pricing” (with M. Cahana, M. Reguant and J.Wang).

Do Renewables Create Local Jobs?” (with E. Gutiérrez, A. Lacuesta, and R. Ramos).



Regulation and Competition Policy, Energy Economics, Industrial Organization,