The southwestern part of the US has abundant supply of renewable energy resources but little is known about the consumers' preferences for renewable energy in this region. This paper investigates households' willingness to pay for a renewable energy program in a southwestern state, New Mexico...

This paper examines the volatility of wholesale electricity prices for five US markets. Using data covering the period from May 1996 to September 2001, for the California-Oregon Border, Palo Verde, Cinergy, Entergy, and Pennsylvania-New Jersey-Maryland markets, we examine the volatility of...

This paper studies the issue of locational market power of suppliers in a market that is situated on a network. Locational market power arises when locational advantage allows suppliers to act non-competitively and raise prices above competitive levels. We propose a quantifiable definition of...