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 … consistent with competitive behavior. Using this proxy to cap wholesale prices, as the U.S. Federal Energy Regulatory Commission …

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 …Energy efficiency resource standards (EERS) refer to policies that require utilities and other covered entities to …

monopsony prices. Subsidizing energy efficiency to reduce electricity demand at the margin can solve that problem, if energy …The cliché in the electricity sector, the “cheapest power plant is the one we don’t build,” seems to neglect the … benefits of the energy that plant would generate. Those overall benefits could be countered by benefits to consumers if “not …

Storm-related service outages in electricity and telecommunications have created public controversies regarding the …

The distribution grid for delivering electricity to the user has been paid for as part of the charge per kilowatt …-hour that covers the cost of the energy itself. Conservation advocates have promoted the adoption of policies that “decouple …” electric distribution company revenues or profits from how much electricity goes through the lines. Their motivation is that …

In the mid-1990s, when the Federal Energy Regulatory Commission was preparing to release Order 888 requiring open …, raised the question of how open access and greater competition in wholesale electricity markets might affect the environment … desired result of lower electricity prices, many observers suggested that an increase in electricity demand would lead to more …

Commercial and residential buildings are responsible for 42 percent of all U.S. energy consumption and 41 percent of U … that would more than pay for themselves in terms of lower future energy costs, but homeowners and businesses generally do … not have good information about how to take advantage of these opportunities. Energy auditors make up a growing industry …

A variety of renewable electricity policies to promote investment in wind, solar, and other types of renewable … generators exist across the United States. The federal renewable energy investment tax credit, the federal renewable energy … between renewable electricity generators and the rest of the power system. First, the value of electricity from a renewable …

Residential buildings are responsible for approximately 20 percent of U.S. energy consumption, and single-family homes … alone account for about 16 percent. Older homes are less energy efficient than newer ones, and although many experts have … identified upgrades and improvements that can yield significant energy savings at relatively low, or even negative, cost, it has …

We look for evidence of capitalization of energy efficiency features in home prices using data from real estate … Portland, Oregon. These home listings include information on Energy Star certification and, in Portland and Austin, local green … certifications. Our results suggest that Energy Star certification increases the sales prices of homes built between 1995 and 2006 …