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We examine the performance attributes of a merchant transmission investment framework that relies on market driven' transmission investment to provide the infrastructure to support competitive wholesale markets for electricity. Under a stringent set of assumptions, the merchant investment model...
Persistent link: https://www.econbiz.de/10013218795
Utility regulators frequently focus as much or more on the distributional impact of electric rate structures as on their efficiency. The goal of protecting low-income consumers has become more central with recent increases in wholesale power costs and anticipation of significant costs of...
Persistent link: https://www.econbiz.de/10013146517
This paper discusses the political, regulatory and economic factors that led to California's electricity crisis in 2000 and 2001. It begins with a discussion of the origins of California's electricity restructuring and competition programs. It then discusses the structure of the wholesale and...
Persistent link: https://www.econbiz.de/10013218084
supported by observed waxing and waning of political enthusiasm for electricity reform. While electricity restructuring has …
Persistent link: https://www.econbiz.de/10013023689
under favorable and unfavorable fossil-fuel price regimes. The model includes Russia, the U.S., China, India, the EU, and … Japan+ (Japan plus Korea). The model predicts dramatic increases in tax rates in the U.S., EU, India, and Russia. Indeed …This paper develops a large-scale, dynamic life-cycle model to simulate Russia's demographic and fiscal transition …
Persistent link: https://www.econbiz.de/10013021019
objective of involving large developing countries such as China and India in a post 2012 regime, broader considerations imply …
Persistent link: https://www.econbiz.de/10013099816
India, seeking to reduce electricity shortages, set up a new power market, in which transmission constraints sharply …
Persistent link: https://www.econbiz.de/10012964348
India. Between 1995 and 2009, 85 percent of coal-based generation capacity owned by state governments was unbundled from … thermal efficiency at state-owned power plants due to reform …
Persistent link: https://www.econbiz.de/10013120321
The relative performance of China and India is compared using two different methods and they provide a very different … goods and services and of gross fixed capital formation. Using a two tailed- test we find that China does better than India … higher share of XGS, GFCF etc in GDP than does India. We also find that China usually has a lower CV, namely a more stable …
Persistent link: https://www.econbiz.de/10013082432
technical efficiency. We examine how industrial firms responded to China's severe power shortages in the early 2000s. Fast …
Persistent link: https://www.econbiz.de/10013066850