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The European Directive on common rules for the internal market in electricity (2009/72/EC) requires all member states to 'ensure the implementation of intelligent metering systems' in order to foster a more active involvement of customers in the electricity market. Such intelligent metering...
Persistent link: https://www.econbiz.de/10014174539
In this paper, I attempt to compare costs and benefits of the traditional model with distributed generation within the scope of wind energy generation. In Section II, I examine the following economic aspects of both models: in part A, economies of scale; part B, economics of permanence; part C,...
Persistent link: https://www.econbiz.de/10014040280
Why do states adopt renewable portfolio standards (“RPSs”)? Many have suggested that RPSs mark a “race to the top,” where states adopt more and more stringent regimes in an effort to compete for clean energy jobs. This article challenges that presumption. It shows, by examining empirical...
Persistent link: https://www.econbiz.de/10014040996
The design of wholesale electricity markets in the transition towards liberalization presents significant differences from country to country. Some spot markets have imposed the concentration of transactions to ensure market liquidity. Other markets are based on bilateral trading. The debate...
Persistent link: https://www.econbiz.de/10014052535
This article explores how law can use individual behavior to stabilize and reduce U.S. energy consumption. Drawing on the work of social scientists and behavioral researchers, it concludes that many opportunities exist to influence individual behavior to increase energy efficiency and reduce...
Persistent link: https://www.econbiz.de/10014222948
In the United States, renewable portfolio standards (“RPSs”) dominate as the renewable energy policy tool of choice. Feed-in tariffs (“FITs”), common in Europe and other parts of the world, thus have come to be seen by many policymakers as a binary alternative -- to promote renewable...
Persistent link: https://www.econbiz.de/10014163908
As renewable energy support policies continue to evolve, assessing their effectiveness is increasingly important. Today, renewable portfolio standards (“RPS”) — mandates that jurisdictions produce a percentage of their electricity from renewable energy — are one of the two leading policy...
Persistent link: https://www.econbiz.de/10014138749
Feed-in tariffs are extremely popular. Ubiquitous in Europe and across the globe, studies often suggest that feed-in tariffs (“FITs”) tend to outperform renewable portfolio standards (“RPSs”). The accepted logic is that this is because FITs offer certainty RPSs do not. Under a feed-in...
Persistent link: https://www.econbiz.de/10014144859
All forms of renewable energy are at an inflection point. Falling costs, changing technology, and new environmental and climate regulations have all moved to exponentially increase the growth of renewable energy. How legal terms, such as "qualifying facility" under PURPA are interpreted and...
Persistent link: https://www.econbiz.de/10012964822
Since 2009, electricity consumption has developed a unique seasonal pattern in South Korea. Winter loads have sharply increased, and they eventually exceeded summer peaks. This trend reversal distinguishes these load patterns from those in the USA and the EU, where annual peaks are observed...
Persistent link: https://www.econbiz.de/10012888762