Narrow search
Showing 1 - 10 of 4,917
Cover Image
Carbon Pricing with an Output Subsidy under Imperfect Competition : The Case of Alberta's Restructured Electricity Market
Brown, David - 2017
In this paper, we examine the use of carbon pricing and an output-based subsidy in a market with imperfect competition …. We consider a carbon pricing policy in Alberta's electricity market as a case study. This policy consists of two phases …-level profitability. We find that the mechanisms by which electricity prices and emissions change in response to carbon pricing differ …
Persistent link: https://www.econbiz.de/10012961552
Cover Image
The Unsustainable Costs of Partial Deregulation
MacAvoy, Paul W. - 2008
Three decade ago, federal policymakers - Republicans and Democrats - embarked on a general strategy of deregulation in … prices and increased quality, reliability, and scope of services. This book shows that we now have only partial deregulation …
Persistent link: https://www.econbiz.de/10014047844
Cover Image
Stranded Benefits Versus Stranded Costs in Utility Deregulation
Cearley, Reed W.; Cole, Daniel H. - 2003
recover stranded costs in the process of utility deregulation. But they have been rationally silent about the converse problem … little voice in deregulation negotiations. If equity requires that utilities and their investors be compensated for stranded … costs in deregulation, then equity must also dictate that ratepayers be compensated for stranded benefits. Data and …
Persistent link: https://www.econbiz.de/10014087515
Cover Image
Efficiency and Stability in Electrical Power Transmission Networks : A Partition Function Form Approach
Csercsik, Dávid - 2013
The users of electricity networks are organized into groups where the production and consumption of electricity is in balance. This paper studies the formation of these balancing groups using a cooperative game in partition function form defined over an ideal (lossless) DC load flow model of the...
Persistent link: https://www.econbiz.de/10013081645
Cover Image
A dynamic incentive mechanism for transmission expansion in electricity networks : theory, modeling, and application
Rosellón, Juan; Weigt, Hannes - 2010
We propose a price-cap mechanism for electricity-transmission expansion based on redefining transmission output in terms of financial transmission rights. Our mechanism applies the incentive-regulation logic of rebalancing a two-part tariff. First, we test this mechanism in a three-node network....
Persistent link: https://www.econbiz.de/10003975634
Cover Image
Long-run cost functions for electricity transmission
Rosellón, Juan; Vogelsang, Ingo; Weigt, Hannes - 2010
Electricity transmission has become the pivotal industry segment for electricity restructuring. Yet, little is known about the shape of transmission cost functions. Reasons for this can be a lack of consensus about the definition of transmission output and the complexitity of the relationship...
Persistent link: https://www.econbiz.de/10003975635
Cover Image
Prices versus quantities in electricity generation
Hahmeier, Mark - 2009
This paper examines the prices versus quantities issue, originally raised by Weitzman [8], in the context of carbon dioxide emissions and with a special focus on electricity generation. Within a simpli ed model of the electricity market, in which we explicitly allow for a monopolistic gas...
Persistent link: https://www.econbiz.de/10003877131
Cover Image
Using forward contracts to reduce regulatory capture
Höffler, Felix; Kranz, Sebastian - 2010
A fully unbundled, regulated network firm of unknown efficiency level can untertake unobservable effort to increase the likelihood of low downstream prices, e.g. by facilitating downstream competition. To incentivize such effort, the regulator can use an incentive scheme paying transfers to the...
Persistent link: https://www.econbiz.de/10003965103
Cover Image
Survey of models on demand, customer base-line and demand response and their relationships in the power market
Heshmati, Almas - 2012
The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated interest among researchers, consumers and producer organizations, managers, regulators and policymakers, This research reviews the growing literature on models used to study...
Persistent link: https://www.econbiz.de/10009548648
Cover Image
A profit-maximizing approach for transmission expansion planning using a revenue-cap incentive mechanism
Hesamzadeh, Mohammad Reza; Rosellón, Juan; Gabriel, … - 2015
This paper proposes an incentive mechanism for transmission expansion planning. The mechanism is a bilevel program. The upper level is a profit-maximizing transmission company (Transco) which expands its transmission system while endogenously predicts and influences the generation investment....
Persistent link: https://www.econbiz.de/10010519927