This study applies financial portfolio theory to determine efficient electricity-generating technology portfolios for … (MER) electricity portfolio for the United States contains more Coal, Nuclear, and Wind than actual but markedly less Gas … electricity markets. …

Due to the call for further integration of European markets and the targeted climate goals, both European electricity … 2015, aiming at a better representation of physics of the electricity grid as well as increased transparency of market …

monopolies in the electricity sector and many heterogeneous households. Under a carbon dioxide cap-and-trade policy, we find that … using free allowances to subsidize regulated electricity prices increases aggregate welfare costs by 40-80 percent relative …

This paper presents an overview of the reasons why unregulated markets for the production of electricity cannot be … from consumers to producers and reduce the operational reliability of electricity supply during these price spikes. We end …

medium-term horizon. The economic effects of electricity shortages are also direct and indirect, but the temporal lag is … weak business and consumer confidence. The social costs of electricity shortages have immediate negative results, and … warning and information. A specific assessment of the social costs of an electricity shortage remains a research task for the …