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This paper presents estimates of the customer-level demand for electricity by industrial and commercial customers purchasing electricity according to the half-hourly energy prices from the England and Wales (E&W) electricity market. These customers also face the possibility of a demand charge on...
Persistent link: https://www.econbiz.de/10014133542
Reliable estimates of the value of electricity transmission are critical if these heavily-regulated investments are to be made cost-effectively. In this paper, we exploit the abrupt closure of the San Onofre Nuclear Generating Station (SONGS) in February 2012. During the previous decade, SONGS...
Persistent link: https://www.econbiz.de/10013053145
in Germany after the Fukushima accident in 2011. We use hourly data on power plant operations and a novel machine … this cost comes from the increased mortality risk associated with exposure to the local air pollution emitted when burning …
Persistent link: https://www.econbiz.de/10012857668
In many countries, unreliable inputs, particularly those lacking storage, can significantly limit a firm's productivity. In the case of an increasing frequency of blackouts, a firm may change factor shares in a number of ways. It may decide to self generate electricity, to purchase intermediate...
Persistent link: https://www.econbiz.de/10013066850
Policies supporting investment in renewable electricity have been a cornerstone of climate policy in many parts of the world. While previous empirical work explores the economic and environmental impacts of renewable production, the focus has exclusively been on the short-run impacts of...
Persistent link: https://www.econbiz.de/10012911703
This paper evaluates changes in fuel procurement practices by coal- and gas-fired power plants in the United States following state-level legislation that ended cost-of-service regulation of electricity generation. I find that deregulated plants substantially reduce the price paid for coal (but...
Persistent link: https://www.econbiz.de/10013054040
corporate board seats going to worker representatives. We study a reformin Germany that abruptly abolished this mandate for … design compares firm cohorts incorporated before the reform and after; in a robustness check we additionally draw on the …
Persistent link: https://www.econbiz.de/10012858402
Government policies that are not intended to address environmental concerns can nonetheless distort prices and affect firms' emissions. We present an analytical general equilibrium model to study the effect of distortionary subsidies on factor prices and on environmental outcomes. We model an...
Persistent link: https://www.econbiz.de/10013064267
Reductions in ambient pollution have been taken as an indisputable "silver lining" to the COVID-19 Pandemic. Indeed …, including to China's notoriously-poor air quality. We analyze China's official pollution monitor data and account for the large … are found for the six provinces neighboring Hubei. We conclude that COVID-19 had ambiguous impacts on China's pollution …
Persistent link: https://www.econbiz.de/10012835114
percent). The evidence is generally consistent with the channel of environmental pollution. Given the well …
Persistent link: https://www.econbiz.de/10012977638