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Twenty states in the United States have adopted energy efficiency resource standards (EERS) that specify absolute or per¬centage reductions in energy use relative to business as usual. We examine how an EERS compares to policies oriented to meeting objectives, such as reducing greenhouse gas...
Persistent link: https://www.econbiz.de/10009651749
achieve quantitative goals for reducing energy use by a certain year. EERS policies generally apply to electricity and natural … gas sales and electricity peak demand, though they also cover other energy sources in Europe. Our study aggregates … information about the requirements of existing EERS policies for electricity sales in the United States. We convert quantitative …
Persistent link: https://www.econbiz.de/10009651750
been much debate about their potential effects on electricity reliability. Only very exceptional circumstances would … trigger supply disruptions; however, the changes may affect electricity prices, the generation mix, and industry revenues …. Coincident with these new rules, expectations about natural gas prices and future electricity demand growth are changing in ways …
Persistent link: https://www.econbiz.de/10010556838
electricity generating fleet than most studies have predicted. …
Persistent link: https://www.econbiz.de/10010643001
Identifying the factors that influence electricity demand in the continental United States and mathematically … characterizing them are important for developing electricity consumption projections. The price elasticity of demand is especially … important, since the electricity price effects of policy implementation can be substantial and the demand response to policy …
Persistent link: https://www.econbiz.de/10008458081
An important feature in the design of an emissions trading program is how emissions allowances are initially distributed into the market. In a competitive market the choice between an auction and free allocation should, according to economic theory, not have any influence on firms’ production...
Persistent link: https://www.econbiz.de/10005196903
) emissions from electricity generation in the eastern U.S. Under each of 18 scenarios examined, we find an annual policy would …
Persistent link: https://www.econbiz.de/10005442341
electric power sector using a cap-and-trade program. This paper assesses the importance of long-term electricity contracts … electricity and a small effect on retail price. States may want to consider contracts on a case-by-case basis when making …
Persistent link: https://www.econbiz.de/10005442360
Planning of the electricity transmission system generally focuses on the pros and cons of providing generation close to … the source of the power demand versus remote generation linked via the transmission system. Recent electricity supply … electricity supply. Recently, the Western Governors’ Association led the development of a planning exercise that examined the …
Persistent link: https://www.econbiz.de/10005442373
states, are expected to have important effects on the electricity industry and on the market value of firms that own … electricity generation assets. The economics literature finds large efficiency advantages for initial distribution of tradable …
Persistent link: https://www.econbiz.de/10005442381