In Sub-Saharan Africa, 600 million people live without electricity. Despite ambitions of governments and donors to invest in rural electrification, decisions about how to extend electricity access are being made in the absence of rigorous evidence. In this paper, we present high-resolution...

As with other commodities, electricity is often traded on both forward and spot markets. This was initially true in the restructured California electricity ndustry from 1998 to 2000. Though the power traded in the forward and spot markets was for delivery at the same times and locations, prices...