Showing 1 - 10 of 179
The U.S. regulation of high-voltage transmission is highly complex and, as a result, generally poorly understood. The complexity is created by separate, but overlapping, jurisdictional authorities of the U.S. federal regulators and those of individual states, districts, and territories. While...
Persistent link: https://www.econbiz.de/10014512108
Natural gas has replaced coal as the dominant fuel for U.S. electricity generation. However, U.S. states that regulate electric utilities have retired coal more slowly than others. We build a structural model of rate-of-return regulation during an energy transition where utilities face tradeoffs...
Persistent link: https://www.econbiz.de/10014468287
Encouraged by the declining cost of grid-scale renewables, recent analyses conclude that the United States could reach net zero carbon dioxide emissions by 2050 at relatively low cost using currently available technologies. While the cost of renewable generation has declined dramatically,...
Persistent link: https://www.econbiz.de/10014322765
corporations use contracts with shorter duration, shorter increment pricing, and more peak-period sales, and obtain a $2.59 higher …
Persistent link: https://www.econbiz.de/10014635696
Data centers are among the fastest-growing electricity consumers, raising concerns about their impact on grid operations and decarbonization goals. Their temporal flexibility--the ability to shift workloads over time--offers a source of demand-side flexibility. We model power systems in three...
Persistent link: https://www.econbiz.de/10015438290
As electricity systems transition toward more variable renewable energy, flexible demand has emerged as a critical tool for grid management. Yet a fundamental question remains: are emerging smart technologies sufficient to unlock demand response, or does human behavior remain the critical...
Persistent link: https://www.econbiz.de/10015409868
wholesale spot prices. Pure spot pricing is not popular; consumers (and politicians) value price predictability and bill … stability. We focus on second-best alternatives: time-of-use (TOU) and critical peak pricing (CPP). We introduce alternative …
Persistent link: https://www.econbiz.de/10013435122
Effective and economical expansion of renewable energy is one of the most urgent and important challenges of addressing climate change. However, many countries are facing a problem because existing network infrastructures (i.e., transmission networks) were not originally built to accommodate...
Persistent link: https://www.econbiz.de/10013210044
electricity generation--pricing carbon, setting intensity standards, and subsidizing clean energy--and compare their market … outcomes under similar expansions of clean electricity generation. While pricing emissions gives strong incentives to first … considerably weaken or even reverse the usual assumed efficiency advantage of carbon pricing policies over alternatives, including …
Persistent link: https://www.econbiz.de/10013334480
This paper studies the operations and financial valuations of 13 cryptocurrency mining companies that are listed on the NASDAQ stock exchange and have facilities in North America. We find that miners using Texas wind power are offline more than other miners, in a more erratic pattern, while...
Persistent link: https://www.econbiz.de/10014226120