Environmental policy is increasingly concerned with measuring emissions resulting from local changes to electricity … consumption. These marginal emissions are challenging to measure because electricity grids encompass multiple locations and the … as a high-dimensional aggregation problem: The effect of electricity consumption on emissions can be estimated precisely …

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 … document the magnitude of static allocative inefficiencies induced by transmission congestion in two major U.S. electricity …

We report on an economic experiment that compares outcomes in electricity markets subject to carbon-tax and cap …, respectively. Across these matched pairs, the cap-and-trade mechanism produced much higher wholesale electricity prices (38.5% to … 52.6% higher) and lower total electricity production (2.5% to 4.0% lower) than the "equivalent" carbon tax, without any …

electricity generation--pricing carbon, setting intensity standards, and subsidizing clean energy--and compare their market … outcomes under similar expansions of clean electricity generation. While pricing emissions gives strong incentives to first … and emissions rates. We then estimate this correlation for US electricity generation and fuel prices as of 2019. The …

incorporates distinctive features of China's economy, including state-owned enterprises and electricity market regulation. It …&T. Employing a single benchmark (standard) for the electricity sector would lower costs by 34 percent relative to the four …