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in electricity demand. In response, American energy multinationals have built power plants just south of the border that … export most of their electricity to the United States. This development has stirred considerable controversy because these …
Persistent link: https://www.econbiz.de/10009395773
in electricity demand. In response, American energy multinationals have built power plants just south of the border that … export most of their electricity to the United States. This development has stirred considerable controversy because these …
Persistent link: https://www.econbiz.de/10009395775
Twenty states in the United States have adopted energy efficiency resource standards (EERS) that specify absolute or per¬centage reductions in energy use relative to business as usual. We examine how an EERS compares to policies oriented to meeting objectives, such as reducing greenhouse gas...
Persistent link: https://www.econbiz.de/10009651749
achieve quantitative goals for reducing energy use by a certain year. EERS policies generally apply to electricity and natural … gas sales and electricity peak demand, though they also cover other energy sources in Europe. Our study aggregates … information about the requirements of existing EERS policies for electricity sales in the United States. We convert quantitative …
Persistent link: https://www.econbiz.de/10009651750
Identifying the factors that influence electricity demand in the continental United States and mathematically … characterizing them are important for developing electricity consumption projections. The price elasticity of demand is especially … important, since the electricity price effects of policy implementation can be substantial and the demand response to policy …
Persistent link: https://www.econbiz.de/10008458081
The cliché in the electricity sector, the “cheapest power plant is the one we don’t build,” seems to neglect the … monopsony prices. Subsidizing energy efficiency to reduce electricity demand at the margin can solve that problem, if energy … efficiency and electricity use are substitutes. We may not observe these effects if the regulator can set price as well as …
Persistent link: https://www.econbiz.de/10008458091
Among the many complex issues of technology, governance, and market design affecting the electricity sector, climate …
Persistent link: https://www.econbiz.de/10008458092
Allegations of market power in wholesale electricity sales are typically tested using price-cost margins. Such tests … are inherently suspect in markets - such as electricity - that are subject to capacity constraints. In such markets … wholesale electricity sector may be susceptible to market power. But a preferable (if not unproblematic) test for market power …
Persistent link: https://www.econbiz.de/10005448647
regional, mandatory, market-based cap-and-trade program to reduce greenhouse gas (GHG) emissions from the electricity sector …. The initiative is expected to lead to an increase in the price of electricity in the RGGI region and beyond. The … implications of these changes for the value of electricity-generating assets and the market value of the firms that own them …
Persistent link: https://www.econbiz.de/10005448661
Policies to cap emissions of carbon dioxide (CO2) in the U.S. economy could pose significant costs on the electricity … electricity sector, we evaluate alternative ways that emission allowances can be allocated. Most previous emissions trading … programs have allocated the major portion of allowances for free to incumbent firms. In the electricity sector this approach …
Persistent link: https://www.econbiz.de/10005448667