Narrow search
Showing 1 - 10 of 365
Cover Image
The Value of Transmission in Electricity Markets : Evidence from a Nuclear Power Plant Closure
Davis, Lucas - 2014
Reliable estimates of the value of electricity transmission are critical if these heavily-regulated investments are to be made cost-effectively. In this paper, we exploit the abrupt closure of the San Onofre Nuclear Generating Station (SONGS) in February 2012. During the previous decade, SONGS...
Persistent link: https://www.econbiz.de/10012458479
Cover Image
Level versus Variability Trade-offs in Wind and Solar Generation Investments : The Case of California
Wolak, Frank A. - 2016
Hourly plant-level wind and solar generation output and real-time price data for one year from the California ISO control area is used to estimate the vector of means and the contemporaneous covariance matrix of hourly output and revenues across all wind and solar locations in the state. Annual...
Persistent link: https://www.econbiz.de/10012456183
Cover Image
The Performance of U.S. Wind and Solar Generating Units
Schmalensee, Richard - 2013
Government subsidies have driven rapid growth in U.S. wind and solar generation. Using data on hourly outputs and prices for 25 wind and nine solar generating plants, some results of those subsidies are studied in detail: the value of these plants' outputs, the variability of output at plant and...
Persistent link: https://www.econbiz.de/10012459154
Cover Image
Not in My Backyard? The Local Impact of Wind and Solar Parks in Brazil
Scheifele, Fabian; Popp, David - National Bureau of Economic Research - 2024
Support from local citizens is important for the scale-up of renewable energy. We investigate the impact of utility-scale wind and solar parks on employment, GDP and public finances in Brazilian municipalities using a difference-in-differences design with matching. We find a positive employment...
Persistent link: https://www.econbiz.de/10014512128
Cover Image
An Empirical Analysis of the Interconnection Queue
Johnston, Sarah; Liu, Yifei; Yang, Chenyu - National Bureau of Economic Research - 2023
Generators applying to connect to the U.S. power grid go through an interconnection queue. Most wind and solar generators that begin the process do not complete it. Using new data, we find that a long queue increases the average waiting time, and high interconnection costs are a key factor in a...
Persistent link: https://www.econbiz.de/10014447267
Cover Image
Probability Assessments of an Ice-Free Arctic : Comparing Statistical and Climate Model Projections
Diebold, Francis X. - 2020
The downward trend in the amount of Arctic sea ice has a wide range of environmental and economic consequences … provide statistical forecasts of Arctic sea ice extent during the rest of this century. The best fitting statistical model … global climate models foresee a gradual slowing of Arctic sea ice loss even in scenarios with high carbon emissions. Our long …
Persistent link: https://www.econbiz.de/10012482447
Cover Image
Impacts of the Clean Air Act on the Power Sector from 1938-1994 : Anticipation and Adaptation
Clay, Karen; Jha, Akshaya; Lewis, Joshua A.; Severnini, … - National Bureau of Economic Research - 2021
The passage of landmark government regulation is often the culmination of evolving social pressure and incremental policy change. During this process, firms may preemptively adjust behavior in anticipation of impending regulation, making it difficult to quantify the overall economic impact of...
Persistent link: https://www.econbiz.de/10012585446
Cover Image
Is Real-Time Pricing Green? The Environmental Impacts of Electricity Demand Variance
Holland, Stephen P. - 2007
Real-time pricing (RTP) of electricity would improve allocative efficiency and limit wholesalers' market power. Conventional wisdom claims that RTP provides additional environmental benefits. This paper argues that RTP will reduce the variance, both within- and across-days, in the quantity of...
Persistent link: https://www.econbiz.de/10012465138
Cover Image
The Guy at the Controls : Labor Quality and Power Plant Efficiency
Bushnell, James B. - 2007
This paper examines the impact of individual human operators on the fuel efficiency of power plants. Although electricity generation is a fuel and capital intensive enterprise, anecdotal evidence, interviews, and empirical analysis support the hypothesis that labor, particularly power plant...
Persistent link: https://www.econbiz.de/10012465439
Cover Image
The Private and Public Economics of Renewable Electricity Generation
Borenstein, Severin - 2011
Generating electricity from renewable sources is more expensive than conventional approaches, but reduces pollution externalities. Analyzing the tradeoff is much more challenging than often presumed, because the value of electricity is extremely dependent on the time and location at which it is...
Persistent link: https://www.econbiz.de/10012460962