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The Australian Renewable Energy Target (RET) has spurred considerable investment in renewable electricity generation, notably wind power, over the past decade. This paper considers distributional implications of the RET for different electricity customers. Using time-series regression, we show...
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The share of renewable energy in the overall production of electricity has been increasing in recent years. However, there are worries that increase in share of solar and wind power could destabilize the grid owing to their being intermittent resources. We explore the impact of a Time of Use...
Persistent link: https://www.econbiz.de/10013049605
Adoption of real-time electricity pricing -- retail prices that vary hourly to reflect changing wholesale prices -- removes existing cross-subsidies to those customers that consume disproportionately more when wholesale prices are highest. If their losses are substantial, these customers are...
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The EPA will issue rules regulating greenhouse gas (GHG) emissions from existing steam boilers and refineries in 2012. A crucial issue affecting the scope and cost of emissions reductions will be the potential introduction of flexibility in compliance, including averaging across groups of...
Persistent link: https://www.econbiz.de/10014174558
Consumers participate in electricity markets through intermediaries. Until recently they participated as electricity buyers through their retailers. Now, prosumers can sell energy and flexibility in the market through a new intermediary called an aggregator. The introduction of a new...
Persistent link: https://www.econbiz.de/10013311417
Adoption of real-time electricity pricing %u2014 retail prices that vary hourly to reflect changing wholesale prices %u2014 removes existing cross-subsidies to those customers that consume disproportionately more when wholesale prices are highest. If their losses are substantial, these customers...
Persistent link: https://www.econbiz.de/10013213462
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