current emitters on the basis of a historic measure of electricity generation in an approach known as grandfathering. Recent … some performance metric in a recent year (the share of electricity generation or something else) and auctioning allowances … such as electricity price, the mix of generation technologies, and the emissions of conventional pollutants inside and …

electric power sector using a cap-and-trade program. This paper assesses the importance of long-term electricity contracts … electricity and a small effect on retail price. States may want to consider contracts on a case-by-case basis when making …

from the electricity sector. Adding either a seasonal or an annual NOx cap-and-trade regime in the eastern United States …

generation performance standard as alternative approaches for distributing carbon emission allowances in the electricity sector …. We solve a detailed national electricity market model and find the auction is roughly one-half the societal cost of the … competition in the electricity sector. The differences in the cost of the approaches flow from the effect of each approach on …

regional, mandatory, market-based cap-and-trade program to reduce greenhouse gas (GHG) emissions from the electricity sector …. The initiative is expected to lead to an increase in the price of electricity in the RGGI region and beyond. The … implications of these changes for the value of electricity-generating assets and the market value of the firms that own them …

been much debate about their potential effects on electricity reliability. Only very exceptional circumstances would … trigger supply disruptions; however, the changes may affect electricity prices, the generation mix, and industry revenues …. Coincident with these new rules, expectations about natural gas prices and future electricity demand growth are changing in ways …

electricity generating fleet than most studies have predicted. …