Economists, energy experts, and policymakers have called for accelerating investment in the U.S. electricity … transmission network. Additional transmission lines could better integrate markets, reducing the total cost of electricity … document the magnitude of static allocative inefficiencies induced by transmission congestion in two major U.S. electricity …

Since the mid-1990s the changing electricity generation technology mix has resulted in carbon dioxide emissions from …

Currently, most U.S. electricity consumers pay a constant price per kWh consumed that accounts for most of their bill …

-in-differences analysis, I show that U.S. states that adopt electricity market liberalization laws are subsequently fifteen to forty … adopt a cap-and-trade program. I argue that the forced reduction in market share of incumbent utilities associated with … market liberalization laws undermined the political dominance of legacy producers and facilitated the growth of independent …

marginal cost of suppliers. The leading example is the electricity industry, where there is a capacity market clearing before … the spot market. -- capacity market ; procurement auction ; electricity market ; competitive equilibrium … second actual production is sold. The key issue is that the expected product market outcome determines the opportunity cost …

produce commercial shale gas will have a crucial impact on the regional gas market and on China's energy mix, as Beijing …