Showing 1 - 10 of 1,966
We analyse the drivers of European Power Exchange (EPEX) wholesale electricity prices between 2012 and early 2022 using … effects are key in wholesale electricity markets. Out-of- sample prediction errors using machine learning are (slightly) lower … green the energy matrix on wholesale electricity prices are first order. CO2 permit prices strongly impact electricity …
Persistent link: https://www.econbiz.de/10014081588
This paper develops a pseudo-panel approach to examine household electricity demand behaviour through the household … evidence that the income elasticity of French residential electricity demand is 0.22, averaged over our four cohorts of … electricity consumption follows an inverted U-shaped distribution as a function of the age of the household's head. Most notably …
Persistent link: https://www.econbiz.de/10013250745
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 …
Persistent link: https://www.econbiz.de/10012866313
certain firms in the Colombian wholesale electricity market collapsed immediately after the announcement, and before the …
Persistent link: https://www.econbiz.de/10014357630
Proponents of Bitcoin argue that demand for electricity from Bitcoin miners can lead to an increase in renewable … electricity capacity. We rigorously evaluate this claim by estimating a Bitcoin electricity demand curve and include this demand … curve in a long-run model of the Texas electricity market. We find that while Bitcoin mining can indeed increase renewable …
Persistent link: https://www.econbiz.de/10014239209
We provide a new framework to identify demand elasticities in markets where managers rely on algorithmic … identify demand elasticities across hotel room types and over time. We confirm these elasticity estimates with a difference …-function approach to two classic questions in the dynamic pricing literature: the evolution of price elasticity of demand over time as …
Persistent link: https://www.econbiz.de/10013224074
, distributional effects have been more difficult to assess. In the electricity sector, deregulation has vastly increased information … accrue to electricity generators. Using natural gas prices as a proxy for generators’ surplus, we find railroads charge … impact of deregulation. This also means policies that change fuel prices can have substantially different effects on …
Persistent link: https://www.econbiz.de/10012892212
We study how the introduction of private-label brands (PLs) affects retailers’ prices, demand, and profits, explicitly … cannibalize NB demand, and the assortment changes help steer consumers toward PLs, which imposes large negative effects on NB …
Persistent link: https://www.econbiz.de/10013322782
Power market integration is analyzed in a two countries model with nationally regulated firms and costly public funds. If generation costs between the two countries are too similar negative business-stealing outweighs efficiency gains so that following integration welfare decreases in both...
Persistent link: https://www.econbiz.de/10010283608
-entry dynamics of quantities, but no post-entry dynamics of markups. This suggests that shifts in demand play an important role in … successful entry, but that firms do not use dynamic manipulation of markups as an instrument to shift demand. We structurally … advertising to acquire new customers and thereby shift demand and increase sales. In the second, they use temporarily low markups …
Persistent link: https://www.econbiz.de/10012841929