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role in the US electricity generation mix. In recent years, the region’s wholesale natural gas and electricity markets have … region and drives up gas and electricity prices. The firms observed to withhold pipeline capacity also own non …-gas electricity generation assets in New England that benefit from their gas-fired competitors paying higher fuel input costs. We …
Persistent link: https://www.econbiz.de/10011735963
We study the impact of the Belgium lockdown on retail prices using a unique dataset tracking daily prices and promotions for various products in different stores and retail chains. Two distinctive features of our analysis are the ban on promotions during the first two weeks of the lockdown, and...
Persistent link: https://www.econbiz.de/10012514277
We study how the introduction of private-label brands (PLs) affects retailers' prices, demand, and profits, explicitly accounting for assortment adjustments of national brands (NBs) in retail stores. Using a detailed dataset on the U.S. beef market, we find that, when PLs are added to the...
Persistent link: https://www.econbiz.de/10012653276
competition. In this paper we provide the first empirical analysis of this relationship. We study Germany’s retail gasoline market … outcomes linked to competition. Because station-level adoption is endogenous, we use brand headquarter-level adoption decisions … increase by 28% in markets where both do. These results suggest that AI adoption has a significant effect on competition. …
Persistent link: https://www.econbiz.de/10012263827
We examine heterogeneity in Norwegian households' price responses to critical peak pricing (CPP) on electricity … consumption, using a large-scale randomized controlled trial (RCT), high-frequency electricity data, and default enrollment …. Increasing the grid transmission charge by 4,067% (corresponding to an increase in the electricity price by 1,242%) leads to a 12 …
Persistent link: https://www.econbiz.de/10013168030
We analyse the drivers of European Power Exchange (EPEX) retail electricity prices between 2012 and early 2022 using … effects are key in retail electricity markets. Out-of-sample prediction errors using machine learning are (slightly) lower … green the energy matrix on retail electricity prices are first order. CO2 permit prices strongly impact electricity prices …
Persistent link: https://www.econbiz.de/10013262773
We extend existing theoretical frameworks describing electricity markets where each generator provides a Market …
Persistent link: https://www.econbiz.de/10011781325
The marginal cost of electricity fluctuates hour-by-hour, yet retail customers typically face flat prices. Using data …
Persistent link: https://www.econbiz.de/10015070183
Electricity transmission redistributes environmental impacts across space. We exploit episodes of high electricity …. Reducing electricity system congestion decreases ozone and PM2.5 concentrations in New England and New York and increases them … in the western portions of the Pennsylvania-New Jersey-Maryland electricity market and much of the Midwestern states. We …
Persistent link: https://www.econbiz.de/10012260581
, 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/10011936281