Myriad policy measures aim to reduce greenhouse gas emissions from the electricity sector, promote generation from … lower electricity prices. Even with multiple market failures, emissions pricing remains the single most cost …

subsidized entry of wind power in the Nordic electricity market. A relatively small-scale entry of renewables leads to a large … the total electricity market expenditures. The subsidies generate net gains to consumers. We develop an approach to …

-based electricity and shifts a share of the welfare costs to other countries. Without trade in electricity, the other countries generate …We investigate the displacement effects of phase-out-of-coal policies in a stylized model of electricity generation and … CO2 regulation, in which a group of countries operates an emissions trading scheme (ETS). Electricity markets are either …

are on electricity-included property lease contracts causing them to face a marginal electricity price of zero. We use … electricity in response to summer temperature fluctuations. The result is retrieved under weaker identifying assumptions than … previous split incentives papers, and is robust when exposed to several opportunities to fail. The electricity reduction in …

, however, be observed across countries and sectors. We focus on electricity and gas sectors because energy sectors have usually …

wholesale electricity price and price volatility and develop a capacity-adjusted drought index. The results are used to assess …

multiple channels to energy shocks, even though electricity and gas bills represent a very small share of their total costs … most energy intensive firms. We also find that the impact of electricity shocks has weakened over time, suggesting that … electricity and gas price increases, firms are less able to reduce their consumption. These results shed light on the mechanisms …

This paper asks whether increasing productivity in the electricity sector can yield larger long-run GDP gains than … suggested by electricity's small share of aggregate economic activity. We answer this question using a dynamic model in which … electricity is a strong complement to other inputs in production. We parameterize the model using our own new measures of …

I estimate the level of emissions cost pass-through to hourly wholesale electricity prices in Germany, based on spot … generation, and intersecting it with residual demand for fossil-based electricity for every hour. Determining the marginal … electricity prices by at least 84 %, with a central range of 98 %-104 % for different load periods. My results suggest that there …

their electricity production relative to plants in states that chose a fixed allocation. Results find that updating …