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The literature demonstrates the likely reduction of wholesale electricity prices due to a larger penetration of renewable energy sources (RES). When markets are organized as two or more inter-connected sub-markets within a larger power market the final impact of increasing RES production may be...
Persistent link: https://www.econbiz.de/10013013362
Unbundling of vertically integrated utilities has become an integral element in the regulation of network industries and has been implemented in many jurisdictions. The idea of separating the network, as the natural monopoly, from downstream retailing, which may be exposed to competition, is...
Persistent link: https://www.econbiz.de/10012850827
Unbundling of vertically integrated utilities has become an integral element in the regulation of network industries and has been implemented in many jurisdictions. The idea of separating the network, as the natural monopoly, from downstream retailing, which may be exposed to competition, is...
Persistent link: https://www.econbiz.de/10011932606
It is generally accepted that institutions are important for economic development. However, whether the performance of regulated utilities within a country is affected by the quality of institutions is yet to be investigated thoroughly. We analyse how the quality of regional institutions impact...
Persistent link: https://www.econbiz.de/10012194372
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
Electricity markets are prone to the abuse of market power. Several US markets employ algorithms to monitor and mitigate market power abuse in real time. The performance of automated mitigation procedures is contingent on precise estimates of firms' marginal production costs. Currently, marginal...
Persistent link: https://www.econbiz.de/10013460907
Demand response is crucial for balancing supply and demand in the presence of intermittent electricity generation, particularly during scarcity situations with high prices. In 2021/2022, wholesale power prices in Germany have been dramatically higher than ever before, which offers the...
Persistent link: https://www.econbiz.de/10014327648
In this paper, we investigate the relationship between exporting and productivity in the case of Vietnam using an … extensive firm level panel dataset for the period 2005-11. We separate out productivity effects of exporting due to self … productivity in foreign-owned firms and private domestic firms separately and find the former benefit more from exporting …
Persistent link: https://www.econbiz.de/10010337678
facilities in Europe jointly with their output, productivity, and other key economic outcomes. To disentangle the influence of … and productivity do not change suggesting that reductions in emissions follow proportional reductions in output rather … productivity and profits of other facilities and firms owned by the acquiring parent company after a change in ownership. …
Persistent link: https://www.econbiz.de/10014311914
This paper estimates the relative multi-factor productivity (MFP) of privatized and state-owned enterprises using a …
Persistent link: https://www.econbiz.de/10011309155