of the electricity market in the US as our case study, we find support for our theoretical predictions. Furthermore, we … investigate the impact this change in procurement contracts has on efficiency. Focusing on coal mines, we find that those selling … coal to plants in restructured markets are significantly more productive than their counterparts working with regulated …

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 discuss the implications of two price zones, i.e. one northern and southern bidding area, on the German electricity … market. In the northern zone, continuous capacity additions with low variable costs cause large regional supply surpluses in … the market dispatch while conventional capacity decreases in the southern zone. As the spatial imbalance of supply and …

of electricity supply. One of these mechanisms is a strategic reserve that retains generation capacity for use in times …-border strategic reserves to safeguard electricity supply and aid the energy transition in Germany and neighboring countries at large … security of electricity supply without distorting the EU’s internal electricity market. In addition, overall costs may decrease …

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 …