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Electricity Price Distributions in Future Renewables-Dominant Power Grids and Policy Implications
Mallapragada, Dharik S.; Junge, Cristian; Wang, Cathy Xun; … - National Bureau of Economic Research - 2021
Future electricity systems with tight constraints on carbon emissions will rely much more on wind and solar generation, with zero marginal cost, than today. We use capacity expansion modelling of Texas in 2050 to illustrate wholesale price distributions in future energy-only, carbon-constrained...
Persistent link: https://www.econbiz.de/10012696419
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Merchant Transmission Investment
Joskow, Paul - 2003
We examine the performance attributes of a merchant transmission investment framework that relies on market driven' transmission investment to provide the infrastructure to support competitive wholesale markets for electricity. Under a stringent set of assumptions, the merchant investment model...
Persistent link: https://www.econbiz.de/10012469168
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Trading Inefficiencies in California's Electricity Markets
Borenstein, Severin - 2001
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-maximizing traders to have eliminated persistent price differences between...
Persistent link: https://www.econbiz.de/10012470096
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The Competitive Effects of Transmission Capacity in a Deregulated Electricity Industry
Borenstein, Severin - 1997
In an unregulated electricity generation market, the degree to which generators in" different locations compete with one another depends on the capacity to transmit electricity" between the locations. We study the impact of transmission capacity on competition among" generators. We show that...
Persistent link: https://www.econbiz.de/10012472520
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The U.S. Electricity Industry After 20 Years of Restructuring
Borenstein, Severin - 2015
explanation is supported by observed waxing and waning of political enthusiasm for electricity reform. While electricity …
Persistent link: https://www.econbiz.de/10012457553
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The Smart Grid, Entry, and Imperfect Competition in Electricity Markets
Allcott, Hunt - 2012
Most US consumers are charged a near-constant retail price for electricity, despite substantial hourly variation in the wholesale market price. The Smart Grid is a set of emerging technologies that, among other effects, will facilitate "real-time pricing" for electricity and increase price...
Persistent link: https://www.econbiz.de/10012460588
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Blackouts in the Developing World : The Role of Wholesale Electricity Markets
Jha, Akshaya; Preonas, Louis; Burlig, Fiona - National Bureau of Economic Research - 2021
explanation using novel data from India, home to the world's third-largest electricity sector. In contrast to the developed world …
Persistent link: https://www.econbiz.de/10012794637
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The Competitive Effects of Transmission Infrastructure in the Indian Electricity Market
Ryan, Nicholas - 2017
India, seeking to reduce electricity shortages, set up a new power market, in which transmission constraints sharply …
Persistent link: https://www.econbiz.de/10012455575
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Estimating the Impact of Restructuring on Electricity Generation Efficiency : The Case of the Indian Thermal Power Sector
Malik, Kabir - 2011
India. Between 1995 and 2009, 85 percent of coal-based generation capacity owned by state governments was unbundled from … thermal efficiency at state-owned power plants due to reform …
Persistent link: https://www.econbiz.de/10012461275
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China and India : Reforms and the Response
Agarwal, Manmohan - 2013
The relative performance of China and India is compared using two different methods and they provide a very different …Using a two tailed- test we find that China does better than India for most of these indicators. For instance, China … in India so it is approaching that in China, namely the two economies are becoming more similar …
Persistent link: https://www.econbiz.de/10012459656