Oil and Natural Gas Reserve Prices 1982-2002: Implications for Depletion and Investment Cost

Posted on January 6th, 2022 by tagadmin

A time series is estimated of in-ground prices – as distinct from wellhead prices – of US oil and natural […]

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Electricity Sector Restructuring and Competition: Lessons Learned

Posted on January 5th, 2022 by tagadmin

We now have over a decade of experience with the privatization, restructuring, regulatory reform, and wholesale and retail competition in […]

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Energy Policies and their Consequences After 25 Years

Posted on January 5th, 2022 by tagadmin

Hans Landsberg and Sam Schurr each led research teams that produced two important energy futures policy studies that were published […]

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Volatility in Natural Gas and Oil Markets

Posted on January 5th, 2022 by tagadmin

Using daily futures price data, I examine the behavior of natural gas and crude oil price volatility since 1990. I […]

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Diagnosing and Mitigating Market Power in Chile’s Electricity Industry

Posted on January 5th, 2022 by tagadmin

This paper examines the incentives to exercise market power that generators would face and the different strategies that they would […]

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Lessons from Phase 2 Compliance with the U.S. Acid Rain Program

Posted on January 5th, 2022 by tagadmin

This paper provides preliminary answers to four questions concerning the behavior of agents operating under the SO2 Allowance Trading Program […]

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The Difficult Transition to Competitive Electricity Markets in the U.S.

Posted on January 5th, 2022 by tagadmin

This paper provides a comprehensive discussion of the causes and consequences of state and federal initiatives to introduce wholesale and […]

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Why did British Electricity Prices Fall After 1998?

Posted on January 5th, 2022 by tagadmin

In an attempt to reduce high electricity prices in England and Wales, the government and regulator forced the largest generators […]

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Distinguishable Patterns of Competition, Collusion and Parallel Action

Posted on January 5th, 2022 by tagadmin

Alternative market structures are distinguishable by the degree of parallel action exhibited by producers. We show that the correlation between […]

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Inscrutable OPEC? Behavioral Tests of the Cartel Hypothesis

Posted on January 5th, 2022 by tagadmin

We show that standard statistical tests of OPEC behavior have very low power across a wide range of alternative hypotheses […]

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Merchant Transmission Investment

Posted on January 5th, 2022 by tagadmin

We examine the performance attributes of a merchant transmission investment framework that relies on “market driven” transmission investment to provide […]

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Ex Post Evaluation of Tradable Permits: The U.S. SO2 Cap-and-Trade Program

Posted on January 5th, 2022 by tagadmin

The U.S. SO2 cap-and-trade program was established as a result of the enactment of the 1990 Clean Air Act Amendments […]

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Trends and Breaks in Per-Capita Carbon Dioxide Emissions, 1870-2028

Posted on January 5th, 2022 by tagadmin

We consider per-capita carbon dioxide emission trends in 16 early developed countries over the period 1870-2028. Using a multiple-break time […]

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Comments on FERC’s Standard Market Design Proposals

Posted on January 5th, 2022 by tagadmin

Comments of Professor Paul L. Joskow before the US Federal Energy Regulatory Commission on January 10, 2003 I respectfully submit […]

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