before they buy electricity in the wholesale market, we show that welfare is highest if competition in generation and …This paper studies how competition and vertical structure jointly determine generating capacities, retail prices, and … welfare in the electricity industry. Analyzing a model in which demand is uncertain and retailers must commit to retail prices …

electricity, or on the supply of alternative electricity sources. …

This paper develops a dynamic model of competitive equilibrium in electricity markets with thermal, hydro and …

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 …

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 …

We study the role of vertical structure in determining generating capacities and retail prices in the electricity …

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 …