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We collect ownership data of U.S. power plants accounting for 99% of U.S. electricity generation over the 2008-2020 period. Domestic listed corporations have reduced their ownership from 69% to 54% of total generation, while private equity, institutional investors, and foreign corporations have...
Persistent link: https://www.econbiz.de/10014237067
policy promoting energy efficiency, increasing investments in natural gas production and bringing the natural gas price on … the domestic market closer to long term cost recovery. We will approach the issue of gas pricing through taxation of … significant improvement in energy efficiency, if prices are gradually increased for both consumers and industries alike …
Persistent link: https://www.econbiz.de/10011522021
The harmonization and integration of separate national energy markets to an interconnected internal European market is … a top priority of the European Commission. However, as energy policy largely remains subject to national sovereignty, a … that the phase-out triggered price increases of up to 19 percent in neighbouring countries whilst the renewable energy …
Persistent link: https://www.econbiz.de/10011374098
Persistent link: https://www.econbiz.de/10011704678
How does electricity market integration affect cross-border electricity flows, wholesale prices and renewable electricity generation? We employ a synthetic control method to contribute to literature on electricity market integration using the 2018 integration of Ireland's Single Electricity...
Persistent link: https://www.econbiz.de/10015395766
regressions, controlling for macroeconomic factors such as economic development, GDP growth, urbanisation, as well as the energy …
Persistent link: https://www.econbiz.de/10012643539
This paper presents a method for estimating treatment effects of regulations when treated and control firms compete on the output market. We develop a GMM estimator that recovers reduced-form parameters consistent with a model of differentiated product markets with multi-plant firms, and use...
Persistent link: https://www.econbiz.de/10014282440
Persistent link: https://www.econbiz.de/10002403238
We propose a new instrument for estimating the price elasticity of gasoline demand that exploits systematic differences across U.S. states in the pass-through of oil price shocks to retail gasoline prices. These differences, which are primarily driven by variation in the cost of producing and...
Persistent link: https://www.econbiz.de/10013554901
Since 2017, several U.S. states have put in place out-of-market financial support schemes for nuclear power plants operating in deregulated electricity markets. In late 2021, the federal government announced the introduction of two new support schemes to secure the continued operation of nuclear...
Persistent link: https://www.econbiz.de/10014233562