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customers. In Russia, as in some other transition countries, this pattern is reversed, but at the same time the overall level of …, cross subsidies can be efficient. In fact, back of the envelop calculations for Russia suggest, that, given the prevailing …
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On December 19, 2019, the Federal Energy Regulatory Commission (FERC) issued an order dramatically expanding the Minimum Offer Price Rule in PJM’s capacity market. The order changes how electricity-generating resources that receive state subsidies are treated in federally regulated wholesale...
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