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Economists, energy experts, and policymakers have called for accelerating investment in the U.S. electricity … transmission network. Additional transmission lines could better integrate markets, reducing the total cost of electricity … document the magnitude of static allocative inefficiencies induced by transmission congestion in two major U.S. electricity …
Persistent link: https://www.econbiz.de/10014468290
Currently, most U.S. electricity consumers pay a constant price per kWh consumed that accounts for most of their bill …
Persistent link: https://www.econbiz.de/10013435122
elasticity using counterfactual simulations in a structural model of the Pennsylvania-Jersey-Maryland electricity market. The … important element of market design in some restructured electricity markets … electricity prices in peak hours, contrary to predictions from short run models, while decreasing Capacity Market prices and total …
Persistent link: https://www.econbiz.de/10012460588
The growth of electric vehicles (EVs) raises new challenges for electricity systems. We implement a field experiment to …
Persistent link: https://www.econbiz.de/10015056212
Environmental policy is increasingly concerned with measuring emissions resulting from local changes to electricity … consumption. These marginal emissions are challenging to measure because electricity grids encompass multiple locations and the … as a high-dimensional aggregation problem: The effect of electricity consumption on emissions can be estimated precisely …
Persistent link: https://www.econbiz.de/10014468265
) retail electricity services that include the distribution network, the retail cost of transmission service, and often …
Persistent link: https://www.econbiz.de/10014512108
renewable supply. In this paper, we study the static and dynamic impacts of market integration on renewable energy expansion …. Our theory highlights that statically, market integration improves allocative efficiency by gains from trade, and … dynamically, it incentivizes new entry of renewable power plants. Using two recent grid expansions in the Chilean electricity …
Persistent link: https://www.econbiz.de/10013210044
Since the 1970s, high volumetric (per kilowatt-hour) electricity prices have been justified in many policy discussions … as encouraging more efficient use of electricity and placing more of the cost burden on those who are less prudent in … their use. The argument has been used in support of increasing-block electricity pricing, under which the price per kilowatt …
Persistent link: https://www.econbiz.de/10014468223
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
Despite the incentives of incumbent domestic listed corporations (DLCs) in the electricity generation industry, private …% of natural gas electricity production as of 2020. The ownership changes are concentrated in deregulated wholesale markets … tradeoff in bringing new financing sources to the electricity sector. When selling electricity, private equity and foreign …
Persistent link: https://www.econbiz.de/10014635696