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Energy efficiency provides a substantial opportunity to tackle increasing greenhouse gas emissions. However, in … motivation of utilities to invest in energy efficiency. This paper therefore investigates the relation between the regulatory … demand and efficiency in the U.S. To address the research question at hand, we follow recent developments in energy demand …
Persistent link: https://www.econbiz.de/10012033689
monopsony prices. Subsidizing energy efficiency to reduce electricity demand at the margin can solve that problem, if energy … building that plant" was the result of monopsony. A regulator acting as a monopsonist may need to avoid rationing demand at … efficiency and electricity use are substitutes. We may not observe these effects if the regulator can set price as well as …
Persistent link: https://www.econbiz.de/10008552103
monopsony prices. Subsidizing energy efficiency to reduce electricity demand at the margin can solve that problem, if energy … building that plant” was the result of monopsony. A regulator acting as a monopsonist may need to avoid rationing demand at … efficiency and electricity use are substitutes. We may not observe these effects if the regulator can set price as well as …
Persistent link: https://www.econbiz.de/10008458091
efficiency. But coordination enables whoever controls such resources to exercise market power. The paper establishes the … following efficiency rankings of market structures: Aggregators competing for FDRs are more efficient than a distribution system …
Persistent link: https://www.econbiz.de/10012264082
This paper studies the pricing incentives of a monopolist constrained by a revenue cap endogenously determined by her costs in a so-called base year. Such regulation is employed, among others, to govern electricity distribution operators in Germany. We show that the revenue cap may incentivize...
Persistent link: https://www.econbiz.de/10014470709
While the link between the ownership and productive efficiency of firms has been discussed extensively, no consensus … flexible production model to test for efficiency differences associated with ownership types while allowing the production to … public and private utilities' efficiency …
Persistent link: https://www.econbiz.de/10012962689
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