Showing 1 - 10 of 10
Electricity tariff reforms will be an essential part of the clean energy transition. Existing tariffs rely on average cost pricing and often set a price per unit that exceeds marginal cost. The higher price encourages over-adoption of residential solar panels and under-adoption of electric...
Persistent link: https://www.econbiz.de/10012534414
This paper provides the first empirical estimates of the relationship between temperatures and household electricity consumption in Colombia, using electricity billing and weather data from 2010 to 2019. I find that higher temperatures (or higher values of the heat index) increase electricity...
Persistent link: https://www.econbiz.de/10014518093
We report results from a large field experiment that with a few hours prior notice provided Danish residential consumers with dynamic price and environmental signals aimed at causing them to shift their consumption either into or away from certain hours of the day. The same marginal price signal...
Persistent link: https://www.econbiz.de/10012101076
We show that a common regulatory mandate in electricity markets that use location-based pricing that requires all customers to purchase their wholesale electricity at the same quantity-weighted average of the locational prices can increase the performance of imperfectly competitive wholesale...
Persistent link: https://www.econbiz.de/10011917060
Many econometric models used in applied work integrate over unobserved heterogeneity. We show that a class of these models that includes many random coefficients demand systems can be approximated by a "small-o" expansion that yields a straightforward 2SLS estimator. We study in detail the...
Persistent link: https://www.econbiz.de/10011941548
We analyse how the market design influences the bidding behaviour in multi-unit auctions, such as wholesale electricity markets. It is shown that competition improves for increased market transparency and we identify circumstances where the auctioneer prefers uniform to discriminatory pricing....
Persistent link: https://www.econbiz.de/10011442490
Solar lanterns are promoted across rural sub-Saharan Africa to improve both lighting in homes and educational outcomes. We undertake a randomized controlled trial in Zimba District, Zambia, to evaluate whether solar lanterns help children study more effectively and improve academic performance....
Persistent link: https://www.econbiz.de/10012254892
Persistent link: https://www.econbiz.de/10011696579
The variability of solar and wind generation increases transmission network operating costs associated with maintaining system stability. These ancillary services costs are likely to increase as a share of total energy costs in regions with ambitious renewable energy targets. We examine how...
Persistent link: https://www.econbiz.de/10012145535
Persistent link: https://www.econbiz.de/10012512978