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Policies supporting investment in renewable electricity have been a cornerstone of climate policy in many parts of the world. While previous empirical work explores the economic and environmental impacts of renewable production, the focus has exclusively been on the short-run impacts of...
Persistent link: https://www.econbiz.de/10012480633
While several papers examine the effects of renewable portfolio standards (RPS) on electricity prices, they mainly rely on state-level data and there has been little research on how RPS policies affect manufacturing activity via their effect on electricity prices. Using plant-level data for the...
Persistent link: https://www.econbiz.de/10013388858
This paper evaluates changes in fuel procurement practices by coal- and gas-fired power plants in the United States following state-level legislation that ended cost-of-service regulation of electricity generation. I find that deregulated plants substantially reduce the price paid for coal (but...
Persistent link: https://www.econbiz.de/10012458556
We use longitudinal data describing couples in Australia from 2001-12 and Germany from 2002-12 to examine how … equivalent of the costs of the extra time stress is very large. While the departure of a child from the home reduces parents …
Persistent link: https://www.econbiz.de/10012457444
This paper examines the consequences of the 2015 reform on the London fixing in the interbank forex market, which … behavior after the reform, and the volume spike in the fixing window disappeared. However, the anomalies on price dynamics … to examine the efficiency of banks' behavior after the reform. The volume pattern during the fixing time window suggests …
Persistent link: https://www.econbiz.de/10012455354
earn revenues substantially in excess of their costs of production for short periods of time. Generators competing to serve … prices for their output substantially in excess of their marginal costs of generation. The paper establishes these points in …
Persistent link: https://www.econbiz.de/10012470476
This paper presents estimates of the customer-level demand for electricity by industrial and commercial customers purchasing electricity according to the half-hourly energy prices from the England and Wales (E&W) electricity market. These customers also face the possibility of a demand charge on...
Persistent link: https://www.econbiz.de/10012470511
We simulate competitive benchmark wholesale prices for electricity in California during the summer of 2000, taking account of changes in natural gas prices, electricity demand, and imports of electricity from other states during this time period. We also examine the impact of changes in the...
Persistent link: https://www.econbiz.de/10012470569
We use demand and plant-level cost data to simulate competition in a restructured California electricity market. This approach recognizes that firms might have an incentive to restrict output in order to raise price and enables us to explicitly analyze each firm's ability to do so. We find that,...
Persistent link: https://www.econbiz.de/10012472342
, and distribution costs. The resulting prices, charged per unit of electricity consumed, do not reflect marginal costs and …
Persistent link: https://www.econbiz.de/10012479523