Showing 1 - 10 of 248
critical peak pricing intervention reduces electricity consumption by 14%. Using unique high frequency appliance-level data, we …
Persistent link: https://www.econbiz.de/10012891787
Recent efforts to restructure and partially deregulate electricity markets have renewed interest in understanding how … household electricity demand that addresses these difficulties. We estimate the model using data for a representative sample of … California households, and summarize how electricity demand elasticities vary in that state. We then use the model to analyze the …
Persistent link: https://www.econbiz.de/10013248390
Most US consumers are charged a near-constant retail price for electricity, despite substantial hourly variation in the …-time pricing" for electricity and increase price elasticity of demand. This paper simulates the effects of this increased demand … elasticity using counterfactual simulations in a structural model of the Pennsylvania-Jersey-Maryland electricity market. The …
Persistent link: https://www.econbiz.de/10013066116
In this paper, we quantify the difference between public and private prices of residential electricity immediately … sample of large, urban markets. Based on new data covering over 15,000 markets and nearly all electricity generated for … electricity prices during this period. That is, private rents were mitigated by the threat that municipalities would use public …
Persistent link: https://www.econbiz.de/10012992139
We study price convergence between the two major markets for wholesale electricity in California from their … understanding of the markets, however, could have delayed or prevented price convergence. We find that the two benchmark electricity …
Persistent link: https://www.econbiz.de/10013218707
We use demand and plant-level cost data to simulate competition in a restructured California electricity market. This …
Persistent link: https://www.econbiz.de/10013214593
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 their electricity consumption during the three half-hour periods that …
Persistent link: https://www.econbiz.de/10014133542
We report on an economic experiment that compares outcomes in electricity markets subject to carbon-tax and cap …, respectively. Across these matched pairs, the cap-and-trade mechanism produced much higher wholesale electricity prices (38.5% to … 52.6% higher) and lower total electricity production (2.5% to 4.0% lower) than the “equivalent” carbon tax, without any …
Persistent link: https://www.econbiz.de/10014264681
daily or monthly usage rises. There is no cost basis for differentiating marginal price of electricity by consumption level … by these increasing-block electricity tariffs. I find that the rate structure does redistribute income to lower …
Persistent link: https://www.econbiz.de/10013146517
We find that households living in California homes built in the 1960s and 1970s had high electricity consumption in … 2000 relative to houses of more recent vintages because the price of electricity at the time of home construction was low …. Homes built in the early 1990s had lower electricity consumption than homes of earlier vintages because the price of …
Persistent link: https://www.econbiz.de/10013130975