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Since the 1970s, high volumetric (per kilowatt-hour) electricity prices have been justified in many policy discussions as encouraging more efficient use of electricity and placing more of the cost burden on those who are less prudent in their use. The argument has been used in support of...
Persistent link: https://www.econbiz.de/10014468223
The marginal cost of electricity fluctuates hour-by-hour, yet retail customers typically face flat prices. Using data from all seven US wholesale markets and a new method to evaluate alternative rates set in advance that accounts for equilibrium price effects, we estimate efficiency gains from...
Persistent link: https://www.econbiz.de/10015072936
Currently, most U.S. electricity consumers pay a constant price per kWh consumed that accounts for most of their bill. Ongoing developments in the power system increase efficiency gains that can be made from exposing consumers to widely varying wholesale spot prices. Pure spot pricing is not...
Persistent link: https://www.econbiz.de/10013435122
Under what conditions does cost-of-service regulation lead firms to distort costs? This paper analyzes changes in fuel procurement practices by coal- and natural gas-fired electricity generating plants in the United States following state-level legislation that ended cost-of-service regulation...
Persistent link: https://www.econbiz.de/10014153006
Persistent link: https://www.econbiz.de/10003838242
We study residential demand for electricity and gas, working with nationwide household-level data that cover recent years, namely 1997-2007. Our dataset is a mixed panel/multi-year cross-sections of dwellings/households in the 50 largest metropolitan areas in the United States as of 2008. To our...
Persistent link: https://www.econbiz.de/10008780238
We study residential demand for electricity and gas, working with nationwide household-level data that cover recent years, namely 1997-2007. Our dataset is a mixed panel/multi-year cross-sections of dwellings/households in the 50 largest metropolitan areas in the United States as of 2008. To our...
Persistent link: https://www.econbiz.de/10013038295
on state-level data and there has been little research on how RPS policies affect manufacturing activity via their effect … on electricity prices. Using plant-level data for the entire U.S. manufacturing sector and all electric utilities from … decisions. To ensure that our results are not sensitive to possible pre-existing differences across manufacturing plants in RPS …
Persistent link: https://www.econbiz.de/10013388858
Water withdrawals for the energy sector are the largest use of fresh water in the United States. Using an econometric 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...
Persistent link: https://www.econbiz.de/10012981724
We propose two perspectives on U.S. manufacturing job losses to countries in Asia in 1990-2011: production cost …
Persistent link: https://www.econbiz.de/10013222704