critical peak pricing intervention reduces electricity consumption by 14%. Using unique high frequency appliance-level data, we … provision and conservation appeals. A complementary experimental program also lowers nighttime prices during the off-peak season …

, respectively. Across these matched pairs, the cap-and-trade mechanism produced much higher wholesale electricity prices (38.5% to …We report on an economic experiment that compares outcomes in electricity markets subject to carbon-tax and cap … compared three matched carbon-tax/cap-and-trade pairs with equivalent emissions targets, mean emissions, and mean carbon prices …

Highly volatile electricity prices are becoming a more frequent and unwanted characteristic of modern electricity … wholesale markets. But low demand elasticity, mainly the result of a lack of incentives and consumers’ inability to control …

Recent efforts to restructure and partially deregulate electricity markets have renewed interest in understanding how … household electricity demand that addresses these difficulties. We estimate the model using data for a representative sample of … California households, and summarize how electricity demand elasticities vary in that state. We then use the model to analyze the …

We study price convergence between the two major markets for wholesale electricity in California from their … understanding of the markets, however, could have delayed or prevented price convergence. We find that the two benchmark electricity … prices in California -- the Power Exchange's day-ahead price and the Independent System Operator's real-time price …

purchasing electricity according to the half-hourly energy prices from the England and Wales (E&W) electricity market. These … day due to changes in all components of day-ahead E&W electricity prices, the level of the demand charge and the … supplying consumers purchasing electricity according to real-time market prices to construct demand-side bids into a competitive …

We use demand and plant-level cost data to simulate competition in a restructured California electricity market. This … all markets exhibit some degree of market power. We find that the levels of hydroelectric production and the elasticity of … equilibrium prices than the proposed divestitures of California's largest producers. These results indicate that policies …

In this paper, we quantify the difference between public and private prices of residential electricity immediately … electricity prices during this period. That is, private rents were mitigated by the threat that municipalities would use public … before and after major federal reforms in the 1930s and 1940s. Previous research found that public prices were lower in a …

residential electricity market, we document evidence of consumer inertia. We estimate an econometric model of retail choice to …