Showing 1 - 10 of 14
We study price convergence between the two major markets for wholesale electricity in California from their … deregulation in April 1998 through November 2000, nearly the end of trading in one market. We would expect profit … understanding of the markets, however, could have delayed or prevented price convergence. We find that the two benchmark electricity …
Persistent link: https://www.econbiz.de/10013218707
energy subsidy and increase the share of renewable energy sources used to generate electricity. In this paper we assess the … current conditions under which the Mexican residential electricity sector operates, and quantify the potential effects that …
Persistent link: https://www.econbiz.de/10011639151
A shift from zonal to nodal pricing improves the efficiency of system operation. However, resulting price changes also shift surplus across generation and loads at different locations. As individual actors can lose, they might oppose any reform. We explore how allocation of financial...
Persistent link: https://www.econbiz.de/10012029103
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. Electricity distribution is the canonical example of a natural monopoly. Randomized price offers show that demand for electricity …
Persistent link: https://www.econbiz.de/10012990772
the last plant used to meet electricity needs in a given time period is the price paid for capacity from all plants …This paper considers the bidding behavior of participants in the daily auction to supply electricity in England and … Wales. Every day, owners of generating capacity submit bids reflecting a price for power from their plants. The price bid by …
Persistent link: https://www.econbiz.de/10013246654
Government transfer programs to distribute food, water, or electricity at low or no cost have been widespread during … COVID-19 crisis. We find that distributing relief through electricity transfers has significant advantages. It enables an … are inframarginal for most households and electricity credit can be stored, with many even preferring electricity …
Persistent link: https://www.econbiz.de/10012533367
the last plant used to meet electricity needs in a given time period is the price paid for capacity from all plants …This paper considers the bidding behavior of participants in the daily auction to supply electricity in England and … Wales. Every day, owners of generating capacity submit bids reflecting a price for power from their plants. The price bid by …
Persistent link: https://www.econbiz.de/10012472543
. It is based on the rebalancing of a two-part tariff within the framework of a wholesale electricity market with nodal … the electricity system of the Ontario province. Such a mechanism combines a merchant approach with a regulatory approach …. Considering Laspeyres weights, the results show that that prices converge to the marginal cost of generation, the congestion rent …
Persistent link: https://www.econbiz.de/10010823183