Showing 1 - 10 of 213
Electricity tariff reforms will be an essential part of the clean energy transition. Existing tariffs rely on average cost pricing and often set a price per unit that exceeds marginal cost. The higher price encourages over-adoption of residential solar panels and under-adoption of electric...
Persistent link: https://www.econbiz.de/10012167414
This paper is one of the limited studies to investigate rebound effects in sectoral electricity consumption and the specific case of New Zealand. New Zealand, like other OECD economies, has aimed for energy efficiency improvements and reduced electricity consumption from 9.2 MWh per capita in...
Persistent link: https://www.econbiz.de/10012255110
This paper estimates the impact of solar and wind power intermittency on wholesale prices, arbitrage opportunities and the profitability of storage. First, I use the short term randomness of wind and solar generation to estimate the hourly reductions in wholesale electricity market prices...
Persistent link: https://www.econbiz.de/10012238021
The efficient deployment of green technologies, and more generally, the clean energy transition, will require electricity tariff reforms. Existing tariff schemes often fail to achieve basic economic objectives. They set prices per unit that either exceed or fall short of the social marginal...
Persistent link: https://www.econbiz.de/10012107016
The regulated price mechanism in China's power industry has attracted much criticism because of its incapability to optimize the allocation of resources. To build an "open, orderly, competitive and complete" power market system, the Chinese government launched an unprecedented marketization...
Persistent link: https://www.econbiz.de/10011850304
Electricity from renewable sources often cannot be generated when and where it is needed. To deal with these temporal and spatial discrepancies, one frequently proposed approach is to expand storage capacities and transmission grids. It is often argued that the two technologies substitute each...
Persistent link: https://www.econbiz.de/10012150058
For decarbonization purposes, variable renewable energies (VRE) are widely and quickly deployed in historically fossil-dominated power systems. Yet, some fossil technologies are more suitable than others for integration with VRE due to their higher exibility. I utilize an analytically tractable...
Persistent link: https://www.econbiz.de/10012150065
The new surge in electric vehicle (EV) charging in Texas can be served efficiently during the early morning hours with large wind generation, low electricity demand, low prices, and low environmental damage. This paper simulates the ERCOT wholesale electricity market and its environmental...
Persistent link: https://www.econbiz.de/10012153151
This paper provides the first empirical estimates of the relationship between temperatures and household electricity consumption in Colombia, using electricity billing and weather data from 2010 to 2019. I find that higher temperatures (or higher values of the heat index) increase electricity...
Persistent link: https://www.econbiz.de/10014457887
Energy Systems Integration (ESI) is an emerging paradigm and at the centre of the EU energy debate. ESI takes a holistic view of the electricity, gas and heat sectors to deliver a clean, reliable and affordable energy system. By identifying and exploiting the synergies within and between the...
Persistent link: https://www.econbiz.de/10012255106