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inferring the causal impact of electricity access on livelihoods. We then show how ML-based inference techniques deliver more …
Persistent link: https://www.econbiz.de/10012629457
Future electricity systems with tight constraints on carbon emissions will rely much more on wind and solar generation … demand response, long-duration energy storage, dispatchable low-carbon generation, or a robust market for hydrogen for non-electricity …-wide electrification, the marginal retail price of electricity should be low whenever the wholesale price is low. With automated control of …
Persistent link: https://www.econbiz.de/10012696419
' transmission investment to provide the infrastructure to support competitive wholesale markets for electricity. Under a stringent … monopoly problem traditionally associated with electricity transmission networks. We extend the merchant investment model to … incorporate imperfections in wholesale electricity markets, lumpiness in transmission investment opportunities, stochastic …
Persistent link: https://www.econbiz.de/10012469168
In an unregulated electricity generation market, the degree to which generators in" different locations compete with … one another depends on the capacity to transmit electricity" between the locations. We study the impact of transmission …" in spurring competition and the actual electricity that flows on the line. We then investigate the" equilibria that are …
Persistent link: https://www.econbiz.de/10012472520
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/10012470096
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/10012460588
We use city-industry data from 1890 to 1940 to identify the impact of electricity on manufacturing. We exploit cross …-industry variation in pre-electricity energy intensity combined with geographic variation in proximity to early hydroelectric power … plants. Labor productivity gains from the arrival of electricity were rapid and long-lasting. Electricity was labor …
Persistent link: https://www.econbiz.de/10012482295
Prior to the 1990s, most electricity customers in the U.S. were served by regulated, vertically-integrated, monopoly … utilities that handled electricity generation, transmission, local distribution and billing/collections. Regulators set retail … electricity prices to allow the utility to recover its prudently incurred costs, a process known as cost-of-service regulation …
Persistent link: https://www.econbiz.de/10012457553
paradigm shift in how long-term resource adequacy is determined for an electricity supply industry with significant …
Persistent link: https://www.econbiz.de/10012599323
continued prevalence: unlike in high-income countries, where regulatory mandates require utilities to satisfy all electricity … demand, utilities in developing countries respond to wholesale electricity prices. As a result, misallocation of output … across power plants can decrease the quantity of electricity supplied to end-users. We provide empirical support for this …
Persistent link: https://www.econbiz.de/10012794637