Electricity restructuring has created the opportunity for producers to exercise market power. Oligopolists increase … implications of production inefficiencies attributed to market power in the Pennsylvania, New Jersey, and Maryland electricity … market. Air pollution fell substantially during 1999, the year in which both electricity restructuring and new environmental …

Most US consumers are charged a near-constant retail price for electricity, despite substantial hourly variation in the …-time pricing" for electricity and increase price elasticity of demand. This paper simulates the effects of this increased demand … elasticity using counterfactual simulations in a structural model of the Pennsylvania-Jersey-Maryland electricity market. The …

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 …" in spurring competition and the actual electricity that flows on the line. We then investigate the" equilibria that are …

Reliable estimates of the value of electricity transmission are critical if these heavily-regulated investments are to … (SONGS) in February 2012. During the previous decade, SONGS had produced about 8% of the electricity generated in California …

This paper considers the bidding behavior of participants in the daily auction to supply electricity in England and … the last plant used to meet electricity needs in a given time period is the price paid for capacity from all plants …

We study price convergence between the two major markets for wholesale electricity in California from their … understanding of the markets, however, could have delayed or prevented price convergence. We find that the two benchmark electricity …

We use demand and plant-level cost data to simulate competition in a restructured California electricity market. This …

This paper quantifies and decomposes recent trends in U.S. PM2.5 disparities from the electricity sector using a high …-resolution pollution transport model. Between 2000-2018, PM2.5 concentrations from electricity fell by 89% for the average individual, more … dramatic convergence: since 2000, the Black-White PM2.5 disparity from electricity has narrowed by 95% and the Hispanic …

We examine the bidding behavior of firms competing on ERCOT, the hourly electricity balancing market in Texas. We …