The transition from traditional rate-of-return regulation to competition in generation in the electricity industry has been a bumpy one. While the outcome has been largely criticized, there is evidence that ratepayers in the majority of restructured states have in fact benefited, albeit less...

This short communication examines whether or not U.S. natural gas consumption follows a stationary process. Unlike previous research that has focused on regional country or industrial sector-based panel studies, this study undertakes a sub-national investigation of natural gas consumption for...

This short communication investigates whether or not US coal consumption follows a stationary process by examining coal consumption for the 50 US states over the period 1982-2007. Employing several panel unit root and stationarity tests with endogenously determined structural breaks, the results...

This study analyzes energy consumption by the US electric power by various energy sources through fractional integration. In doing so, we are able to determine the level of persistence of the shocks affecting each energy source. The results indicate long memory behavior as each energy source is...