Showing 1 - 10 of 5,532
of the electricity market in the U.S. as our case study, we find support for our theoretical predictions. Furthermore, we … investigate the impact this change in procurement contracts has on efficiency. Focusing on coal mines, we find that those selling … coal to plants in restructured markets are significantly more productive than their counterparts working with regulated …
Persistent link: https://www.econbiz.de/10013030481
The purchase of multifuel vehicles (MFVs) has been incentivized by policies across the globe. Such vehicles are able to operate on more than one source of energy, so they introduce fuel (or energy) choice as one additional dimension consumers decide about. As fuels differ in terms of carbon...
Persistent link: https://www.econbiz.de/10014258640
the influence of natural gas on electricity price formation and increase the influence of coal. We also find that the … difficult to model. We develop a method for estimating zonal supply curves in transmission-constrained electricity markets that … supply curves, each segment of which represents the influence of a particular fuel type on the zonal electricity price. Our …
Persistent link: https://www.econbiz.de/10014177040
strategy could significantly reduce the cost of increasing the share of greenhouse gas free wind and solar electricity … production in an electricity supply industry. … to shift consumption from high demand periods to low demand periods within the day, which suggests that such a pricing …
Persistent link: https://www.econbiz.de/10012132625
The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated … the growing literature on models used to study demand, consumer baseline (CBL) and demand response in the electricity … and demand response in the power market and their relationships. It enhances demand response in the electricity market …
Persistent link: https://www.econbiz.de/10009548648
The appraisal of public investments is subject to formal guidelines which often require input prices, such as forecasted energy prices. Using Danish guidelines as a case study, we explore the discounting assumptions in these input prices and find rates ranging from 2.97% to 17.5%, markedly...
Persistent link: https://www.econbiz.de/10014383298
Many long-term investment planning models for liberalized electricity markets either optimize for the entire … electricity system or focus on confined jurisdictions, abstracting from adjacent markets. In this paper, we provide models for … analyzing the impact of the interdependencies between a core electricity market and its neighboring markets on key long …
Persistent link: https://www.econbiz.de/10012846385
forward contract positions and competingin wholesale electricity markets. We focus on fixed and premium-priced feed-in tariff … thepremium-priced policy. We find conditions under which renewable resources that are more correlated with market demand are …
Persistent link: https://www.econbiz.de/10012911591
In the real world, markets are never in equilibrium and there is insufficient information to determine the ideal policy. Maximizing long-run consumer surplus is a heuristic for approximating optimal economic policy. Ideally, if the economy was at an efficient equilibrium, we'd maximize both...
Persistent link: https://www.econbiz.de/10012919211
The effects of two environmental policy options for the reduction of pollution emissions, i.e. taxes and non-tradable quotas, are analyzed. In contrast to the prior literature this work endogenously takes into account the level of emissions before and after the adoption of the new environmental...
Persistent link: https://www.econbiz.de/10011734956