-run price elasticities of state-level electricity demand in the United States. Our sample covers the period 2003-2015. We …-level electricity demand is very price inelastic in the short run, with a same-year elasticity of -0.1. The long-run elasticity is near … demand. This appears to in part be due to electricity-intensive industrial activities clustering in low-price states …

conservation. The present paper demonstrates the context-dependency of this result. We show that, outside the US, electricity …

model of monthly plant-level electricity generation levels between 2001 and 2012, we estimate the effect of water scarcity … on the US electricity fuel mix. We find that hydroelectric generation decreases substantially in response to drought …

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

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 …

In this article we discuss welfare-optimal capacity allocation of different electricity generation technologies …

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 …