Showing 1 - 10 of 311
. Electricity distribution is the canonical example of a natural monopoly. Randomized price offers show that demand for electricity … levels, suggesting that residential electrification may reduce social welfare. We discuss how leakage, reduced demand (due to …
Persistent link: https://www.econbiz.de/10012456383
inferring the causal impact of electricity access on livelihoods. We then show how ML-based inference techniques deliver more …
Persistent link: https://www.econbiz.de/10012629457
We use city-industry data from 1890 to 1940 to identify the impact of electricity on manufacturing. We exploit cross …-industry variation in pre-electricity energy intensity combined with geographic variation in proximity to early hydroelectric power … plants. Labor productivity gains from the arrival of electricity were rapid and long-lasting. Electricity was labor …
Persistent link: https://www.econbiz.de/10012482295
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 …Recent efforts to restructure and partially deregulate electricity markets have renewed interest in understanding how …
Persistent link: https://www.econbiz.de/10012470028
This paper presents estimates of the customer-level demand for electricity by industrial and commercial customers … customers also face the possibility of a demand charge on their electricity consumption during the three half-hour periods that … day due to changes in all components of day-ahead E&W electricity prices, the level of the demand charge and the …
Persistent link: https://www.econbiz.de/10012470511
empirical relevance of this phenomenon is scarce. We study the dynamics of residential electricity demand by exploiting price …Economic theory suggests that demand is more elastic in the long run relative to the short run, but evidence on the … electricity suppliers on behalf of their residents. Using a flexible difference-in-differences matching approach, we estimate a …
Persistent link: https://www.econbiz.de/10012455198
Many new products presumed to be privately beneficial to the poor have a high price elasticity of demand and ultimately … model that includes the forces that are known to be determinants of insurance demand, provide reduced form confirmation of …
Persistent link: https://www.econbiz.de/10012455978
paradigm shift in how long-term resource adequacy is determined for an electricity supply industry with significant …
Persistent link: https://www.econbiz.de/10012599323
of generation and storage capacity captures crucial aspects of the electricity industry such as time-varying demand for … can decrease renewable capacity; cheaper renewables can increase carbon emissions; and an increase in electricity demand …Decarbonization and electrification will require a transformed electricity grid. Our long-run model of entry and exit …
Persistent link: https://www.econbiz.de/10013210110
demand response, long-duration energy storage, dispatchable low-carbon generation, or a robust market for hydrogen for non-electricity …Future electricity systems with tight constraints on carbon emissions will rely much more on wind and solar generation …-wide electrification, the marginal retail price of electricity should be low whenever the wholesale price is low. With automated control of …
Persistent link: https://www.econbiz.de/10012696419