Under conventional models, subsidizing energy efficiency requires electricity to be priced below marginal cost. Its … benefits increase when electricity prices increase to finance the subsidy. With high prices, subsidies are counterproductive … is only reduced electricity spending, capping revenues from energy sales may induce a utility to substitute efficiency …

The cliché in the electricity sector, the "cheapest power plant is the one we don’t build," seems to neglect the … monopsony prices. Subsidizing energy efficiency to reduce electricity demand at the margin can solve that problem, if energy … efficiency and electricity use are substitutes. We may not observe these effects if the regulator can set price as well as …

Among the many complex issues of technology, governance, and market design affecting the electricity sector, climate …

The distribution grid for delivering electricity to the user has been paid for as part of the charge per kilowatt …” electric distribution company revenues or profits from how much electricity goes through the lines. Their motivation is that … from less electricity. Utilities will subsidize efficiency investments, but only when prices are too low. Justifying …

Reliability in electricity markets is, in many respects, a public good, in that one supplier’s failure to meet its …

Storm-related service outages in electricity and telecommunications have created public controversies regarding the …

The cliché in the electricity sector, the “cheapest power plant is the one we don’t build,” seems to neglect the … monopsony prices. Subsidizing energy efficiency to reduce electricity demand at the margin can solve that problem, if energy … efficiency and electricity use are substitutes. We may not observe these effects if the regulator can set price as well as …

Among the many complex issues of technology, governance, and market design affecting the electricity sector, climate …

underwriters and issuing firms in the Japanese corporate bond market, stochastic life table forecasting: a time-simultaneous fan …