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Despite the incentives of incumbent domestic listed corporations (DLCs) in the electricity generation industry, private equity, institutional investors, and foreign corporations have played an outsized role in financing the energy transition. These new entrants are twice as likely to create...
Persistent link: https://www.econbiz.de/10014635696
The U.S. regulation of high-voltage transmission is highly complex and, as a result, generally poorly understood. The complexity is created by separate, but overlapping, jurisdictional authorities of the U.S. federal regulators and those of individual states, districts, and territories. While...
Persistent link: https://www.econbiz.de/10014512108
Currently, most U.S. electricity consumers pay a constant price per kWh consumed that accounts for most of their bill. Ongoing developments in the power system increase efficiency gains that can be made from exposing consumers to widely varying wholesale spot prices. Pure spot pricing is not...
Persistent link: https://www.econbiz.de/10013435122
Economists, energy experts, and policymakers have called for accelerating investment in the U.S. electricity transmission network. Additional transmission lines could better integrate markets, reducing the total cost of electricity generation. They could also allow for the better integration of...
Persistent link: https://www.econbiz.de/10014468290
The marginal cost of electricity fluctuates hour-by-hour, yet retail customers typically face flat prices. Using data from all seven US wholesale markets and a new method to evaluate alternative rates set in advance that accounts for equilibrium price effects, we estimate efficiency gains from...
Persistent link: https://www.econbiz.de/10015072936
sector ownership has no independent impact on productivity growth. The finding that ownership per se does not matter, but …
Persistent link: https://www.econbiz.de/10012471757
for plant size and productivity, we find that foreign plants are significantly more likely to close than comparable …
Persistent link: https://www.econbiz.de/10012468657
care productivity, we analyze longitudinal data on the medical expenditures and health outcomes of the vast majority of …-profit hospitals have important spillover benefits for medical productivity …
Persistent link: https://www.econbiz.de/10012470181
productivity. Yet most empirical studies find modest short-run effects of power outages on firm performance. This paper builds a … dynamic macroeconomic model to study the long-run general equilibrium effects of power outages on productivity. The model … electricity and the possibility of self-generated electricity at higher cost. Power outages lower productivity in the model by …
Persistent link: https://www.econbiz.de/10012481665
The electric utility industry is a prime culprit in the U.S. productivity growth slowdown of the last Iwo decades. This …-fueled electric generating capacity over the period 1948-87. Labor productivity and fuel efficiency both advanced rapidly until the … that registered particularly high or low productivity. The interviews reveal many variables and relations that are omitted …
Persistent link: https://www.econbiz.de/10012474992