clash between federal courts and state legislatures is energy policy. In the absence of a decisive federal policy response … to climate change, nearly thirty states have created a new type of securities—clean energy credits—to promote low … Clause, this Article explores the constitutional constraints on clean energy credit policies.Many observers view the dormant …

equilibrium model including more nodes, loop flows and an energy and transmission forward market. Inefficiency in the transmission …

, technological change is highly uncertain and capital intensive, requiring risky efforts in research and development of clean energy … evaluating optimal near-term innovation investment portfolios in four key clean energy technologies (solar, biofuels … energy technologies and experts' beliefs on future costs for the above-mentioned technologies. Focusing on Europe and its …

real time, where uncertainty regarding production from non-dispatchable energy sources as well as variable load is resolved …

energy targets in the power sector. Hence, we argue that in the likely event of restricted grid expansion, either …

Insights are offered into the interactions of EUA and CER emissions prices with key energy markets across the EU. A …

In this paper, we investigate jump spillover effects between five energy (petroleum) futures. In order to identify the … latent historical jumps of each energy futures, we use a Bayesian MCMC approach to estimate a jump-diffusion model on each … energy futures. We examine the simultaneous jump intensities of pairs of energy futures and the probabilities that jumps in …

This paper proposes a new volatility model for energy prices explicitly characterized by the supply-demand relationship …, which we call a Supply and Demand based Volatility (SDV) model. We show that the supply curve shape of energy in the SDV … model produces the characteristics of the volatility in energy prices. Especially, it is found that the inverse Box …

participate to the market: a Variable Renewable Energy (VRE) source; a thermal efficient plant (i.e. Combine Cycle Gas Turbine …