demand-supply framework that despite the swift, unpredicted change, the main impact was a significant increase in prices …-out decision by the German government has significantly affected electricity prices and thus competitiveness in neighbouring …

major impediment to higher RES penetration often lies in the historically grown structures of a country's electricity sector … both reliable and affordable electricity. However, this focus on only two of the three horns of the energy trilemma, namely …-in into a fossil fuel future. In the last decades, several other countries have successfully restructured their electricity …

We investigate the displacement effects of phase-out-of-coal policies in a stylized model of electricity generation and … electricity, some emissions as well as some coal-based electricity "leak" into other countries and the aggregate welfare of the … generate electricity from coal. When electricity is traded, that combined policy prevents the leakage of emissions and coal …

accrue to electricity generators. Using natural gas prices as a proxy for generators’ surplus, we find railroads charge …, distributional effects have been more difficult to assess. In the electricity sector, deregulation has vastly increased information … railroads that transport coal from mines to power plants, use this information to capture economic rents that would otherwise …

Natural gas has replaced coal as the dominant fuel for U.S. electricity generation. However, U.S. states that regulate … electric utilities have retired coal more slowly than others. We build a structural model of rate-of-return regulation during … an energy transition where utilities face tradeoffs between lowering costs and maintaining coal capacity. We find that …

We collect ownership data of U.S. power plants accounting for 99% of U.S. electricity generation over the 2008 … their share largely through the adoption of innovative technologies and creation of new natural gas, solar, and wind power … heterogeneity in ownership structure in the electricity sector, while climate concerns and renewable policy measures have a limited …

subsidized entry of wind power in the Nordic electricity market. A relatively small-scale entry of renewables leads to a large … the total electricity market expenditures. The subsidies generate net gains to consumers. We develop an approach to …