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The determinants of incentive regulation are a key issue in industrial policy. I study an asymmetric information model …
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Coordinating the timing and location of new production facilities is one of the challenges of liberalized power sectors. It is complicated by the presence of transmission bottlenecks, oligopolistic competition, and the unknown prospects of low-carbon technologies. The authors build a model...
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This paper provides a general characterization of overall power regulation and a detailed characterization of the … ongoing evolution of distributed rooftop photovoltaic (PV) regulation in Costa Rica. The paper further develops rooftop PV … the institutional architecture of power regulation in Costa Rica and contrasts it with international best practices …
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This paper presents a version of a hybrid (top-down bottom-up), multi-region multi-period forward looking applied general equilibrium model, MERGE, that includes a capacity expansion submodel of the electricity sector with demand represented by various time segments. This model is solved...
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