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 …

vary as their costs change. Yet, there is no restructured electricity market in which most retail customers can be charged … customers on time-invariant pricing in competitive electricity markets. Not only does time-invariant pricing in competitive … markets lead to outcomes (prices and investment) that are not first-best, it even fails to achieve the second-best optimum …

We evaluate distributional and efficiency consequences of the bulk power clean electricity tax credits authorized by … the 2022 Inflation Reduction Act. To do so, we link detailed electricity capacity expansion, computable general … analyzed the bulk power tax credits lead to increased clean electricity technology deployment resulting in a reallocation of …

While several papers examine the effects of renewable portfolio standards (RPS) on electricity prices, they mainly rely … on electricity prices. Using plant-level data for the entire U.S. manufacturing sector and all electric utilities from … 1992 - 2015, we jointly estimate the effect of RPS adoption and stringency on plant-level electricity prices and production …

current levels of annual investment are well below what would be required for a renewables-dominated system. We describe a …

The phasedown of coal for electricity generation is considered vital to meeting global climate targets. Many countries …, several states do. In this paper, we examine the feasibility of phasing down U.S. coal-generated electricity given the … generation could be replaced immediately, reducing electricity sector carbon dioxide (CO₂) emissions between 18 and 29 percent …

) retail electricity services that include the distribution network, the retail cost of transmission service, and often …

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 …

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 …

The marginal cost of electricity fluctuates hour-by-hour, yet retail customers typically face flat prices. Using data …