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Regulation of Access, Pricing, and Planning of High Voltage Transmission in the U.S.

De Losa, Joe; Pfeifenberger, Johannes P.; Joskow, Paul L. - National Bureau of Economic Research - 2024

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

Transmission Impossible? Prospects for Decarbonizing the US Grid

Davis, Lucas W.; Hausman, Catherine; Rose, Nancy L. - National Bureau of Economic Research - 2023

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

The Shifting Finance of Electricity Generation

Andonov, Aleksandar; Rauh, Joshua - National Bureau of Economic Research - 2024

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

Energy Transitions in Regulated Markets

Gowrisankaran, Gautam; Langer, Ashley; Reguant, Mar - National Bureau of Economic Research - 2024

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

Valuing Solar Subsidies

Bollinger, Bryan; Gillingham, Kenneth; Kirkpatrick, A. … - National Bureau of Economic Research - 2025

Individuals trade present for future consumption across a range of economic behaviors, and this tradeoff may differ across socioeconomic groups. To assess these tradeoffs, we estimate a dynamic model of residential solar adoption and system sizing in California using household-level data on...

Persistent link: https://www.econbiz.de/10015195014

Carbon Pricing, Clean Electricity Standards, and Clean Electricity Subsidies on the Path to Zero Emissions

Borenstein, Severin; Kellogg, Ryan - National Bureau of Economic Research - 2022

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

Electricity Retail Rate Design in a Decarbonized Economy : An Analysis of Time-Of-Use and Critical Peak Pricing

Schittekatte, Tim; Mallapragada, Dharik; Joskow, Paul L.; … - National Bureau of Economic Research - 2022

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

Valuing Technology Complementarities : Rooftop Solar and Energy Storage

Bollinger, Bryan; Darghouth, Naim; Gillingham, Kenneth; … - National Bureau of Economic Research - 2023

Product complementarities can shape market patterns, influencing the demand for related products and their accessories. This study examines complementarities in the demand for rooftop solar and an accessory, battery energy storage. Using nationwide administrative data, we estimate a dynamic...

Persistent link: https://www.econbiz.de/10014447324

Economic Implications of the Climate Provisions of the Inflation Reduction Act

Bistline, John; Mehrotra, Neil; Wolfram, Catherine - National Bureau of Economic Research - 2023

The Inflation Reduction Act (IRA) represents the largest federal response to climate change to date. We highlight the key climate provisions and assess the Act's potential economic impacts. Substantially higher investments in clean energy and electric vehicles imply that fiscal costs may be...

Persistent link: https://www.econbiz.de/10014287367

The Efficiency of Dynamic Electricity Prices

Hinchberger, Andrew J.; Jacobsen, Mark R.; Knittel, … - National Bureau of Economic Research - 2024

have three main results. First, time-of-use rates and critical-peak pricing, the two most common time-varying rate plans …, real-time pricing with price ceilings can capture most potential efficiency gains while limiting customer risk …

Persistent link: https://www.econbiz.de/10015072936