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and natural gas prices) within the price range evaluated. Perhaps even higher price paths would lead to a distinctly … future. The future in the Carbon Cap Scenario has higher electricity prices, reduced driving, more renewable capacity, and …
Persistent link: https://www.econbiz.de/10009435766
This paper examines a California-based microgrid?s decision to invest in a distributed generation (DG) unit fuelled by natural gas. While the long-term natural gas generation cost is stochastic, we initially assume that the microgrid may purchase electricity at a fixed retail rate from its...
Persistent link: https://www.econbiz.de/10009435923
hedge against volatilecongestion rents. However, the prices paid for TCCs systematicallydiverged from the resulting … congestion rents for distant locations and athigh prices. The price paid for the hedge not being in line with thecongestion rents …
Persistent link: https://www.econbiz.de/10009436044
This paper examines a California-based microgrid s decision to invest in a distributed generation (DG) unit that operates on natural gas. While the long-term natural gas generation cost is stochastic, we initially assume that the microgrid may purchase electricity at a fixed retail rate from its...
Persistent link: https://www.econbiz.de/10009436302
integration, even as the retailers themselves are forced to purchase electricity at volatile wholesale prices set in open markets … generation resources and decrease spot prices. To test this theory, we use actual generator bid data from the New York control … provide policymakers with a measure of how effective price-elastic demand can potentially reduce prices and maintain …
Persistent link: https://www.econbiz.de/10009436432
and unpredictable fuel prices, should be truly worth more than an equivalent kWh from an alternative fossil fuel fired … technology. Indeed, analysts have attempted to measure this value by comparing the prices observed in fixed-price natural gas … contracts compared to ones in which buyers are exposed to market prices (see Bolinger, Wiser, and Golove and (2004)). In …
Persistent link: https://www.econbiz.de/10009436634
retailers themselves are oftenforced to purchase electricity at volatile wholesale prices set in openmarkets. This results in … even modest price responsiveness can relieve thestress on generation resources and decrease spot prices. To quantify …
Persistent link: https://www.econbiz.de/10009436636
monthly utility bill. San Diego is in many ways an attractive location for DER development: It has high electricity prices …
Persistent link: https://www.econbiz.de/10009436742
lower prices, the enabling legislation mandated a 10% rate cut for all customers, which was implemented in a simplistic way … import electricity, numerous plant outages, and exercise of market power by generators drove up wholesale electricity prices …
Persistent link: https://www.econbiz.de/10009437133