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 …

. Electricity distribution is the canonical example of a natural monopoly. Randomized price offers show that demand for electricity …

electricity generation is a fuel and capital intensive enterprise, anecdotal evidence, interviews, and empirical analysis support … of the plant. We present evidence to demonstrate these effects and survey the policies and practices of electricity …

-owned plants in states that restructured their wholesale electricity markets improved the most. The results suggest modest medium …

companies owning only one or two reactors. Beginning in the late 1990s electricity markets in many states were deregulated and …