, 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 …We report on an economic experiment that compares outcomes in electricity markets subject to carbon-tax and cap …

purchasing electricity according to the half-hourly energy prices from the England and Wales (E&W) electricity market. These … day due to changes in all components of day-ahead E&W electricity prices, the level of the demand charge and the … supplying consumers purchasing electricity according to real-time market prices to construct demand-side bids into a competitive …

The growth of electric vehicles (EVs) raises new challenges for electricity systems. We implement a field experiment to … simultaneous charging. These shadow peaks lead to greater exceedance of local capacity constraints and advance the need for … capacity requirements, and is well-tolerated by consumers in our setting …