This paper is one of the limited studies to investigate rebound effects in sectoral electricity consumption and the … electricity consumption from 9.2 MWh per capita in 2010 to 8.6 MWh per capita in 2015. However, following a significant decline … since 2010, electricity consumption in the main New Zealand sectors is increasing. Energy conservation could play an …

We examine the effects of reorganizing electricity markets on ca- pacity investments, retail prices and welfare when … demand is uncer- tain. We study the following market configurations: (i) integrated monopoly, (ii) integrated duopoly with … retail prices (but not vice versa), we find that generators install sufficient capacity to serve retail demand in each market …

We examine welfare e ffects of real-time pricing in electricity markets. Before stochastic energy demand is known … electricity generators compete in a uniform price auction to satisfy demand from retailers acting on behalf of subscribed … increase welfare since risk-averse consumers dislike uncertain and high prices arising through market power. In the Bertrand …

We study the role of vertical structure in determining generating capacities and retail prices in the electricity … industry. Allowing for uncertain demand, we compare three market configurations: (i) integrated monopoly, (ii) integrated … is the risk of rent extraction faced by competing integrated generators on the wholesale market. Our analysis suggests …

before they buy electricity in the wholesale market, we show that welfare is highest if competition in generation and … welfare in the electricity industry. Analyzing a model in which demand is uncertain and retailers must commit to retail prices … capacities to avoid rent extraction in the wholesale market when their retail demand exceeds their capacity. Vertical separation …

This study applies financial portfolio theory to determine efficient electricity-generating technology portfolios for … (MER) electricity portfolio for the United States contains more Coal, Nuclear, and Wind than actual but markedly less Gas … electricity markets. -- efficiency frontier ; energy ; electricity ; portfolio theory ; Seemingly Unrelated Regression Estimation …

Accurate information about electricity generation and consumption is crucial to power system modelling. Several … example, annual electricity generation from wind and solar power in Germany differs by as much as 10% - 20%, depending on who … provided, nor is it constant. The deviation is particularly worrying in Germany, where peak electricity demand might be …