Challenges for Creating a Comprehensive National Electricity Policy

Posted on January 6th, 2022 by tagadmin

This is a speech given to the National Press Club, September 26, 2008 outlining the need for comprehensive reform of […]

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Grandfathering and the Endowment Effect An Assessment in the context of the Spanish National Allocation Plan

Posted on January 6th, 2022 by tagadmin

In this paper, we test the Coase theorem in the context of carbon emissions trading. We investigate whether generating firms […]

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A Top-down and Bottom-up look at Emissions Abatement in Germany in response to the EU ETS

Posted on January 6th, 2022 by tagadmin

This paper uses top-down trend analysis and a bottom-up power sector model to define upper and lower boundaries on abatement […]

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Long-term Energy Supply Contracts in European Competition Policy: Fuzzy not Crazy

Posted on January 6th, 2022 by tagadmin

Long-term supply contracts often have ambiguous effects on the competitive structure, investment and consumer welfare in the long term. In […]

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World Oil: Market or Mayhem?

Posted on January 6th, 2022 by tagadmin

The world oil market is regarded by many as a puzzle. Why are oil prices so volatile? What is OPEC […]

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Do Trading and Power Operations Mix? The Case of Constellation Energy Group 2008

Posted on January 6th, 2022 by tagadmin

Constellation Energy has been a leading performer in the merchant power business since 2001. In addition to its legacy utility, […]

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The EU’s Emissions Trading Scheme: A Proto-Type Global System?

Posted on January 6th, 2022 by tagadmin

The European Union’s Emission Trading Scheme (EU ETS) is the world’s first multinational cap-and-trade system for greenhouse gases. As an […]

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An Empirical Model of Imperfect Dynamic Competition and Application to Hydroelectricity Storage

Posted on January 6th, 2022 by tagadmin

The Nordic power market presents a unique opportunity for testing the nature and degree of market power in storage behavior […]

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CO2 Abatement in the UK Power Sector: Evidence from the EU ETS Trial Period

Posted on January 6th, 2022 by tagadmin

This paper provides an empirical assessment of CO2¬†emissions abatement in the UK power sector during the trial period of the […]

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The Effect of Power Plants on Local Housing Values and Rents: Evidence from Restricted Census Microdata

Posted on January 6th, 2022 by tagadmin

Current trends in electricity consumption imply that hundreds of new fossil-fuel power plants will be built in the United States […]

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Short-Term CO2 Abatement in the European Power Sector

Posted on January 6th, 2022 by tagadmin

This paper focuses on the possibilities for short term abatement in response to a CO2 price through fuel switching in […]

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Forward Trading in Exhaustible-Resource Oligopoly

Posted on January 6th, 2022 by tagadmin

We analyze oligopolistic exhaustible-resource depletion when firms can trade forward contracts on deliveries, a market structure prevalent in many resource […]

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The Diversity of Design of TSOs

Posted on January 6th, 2022 by tagadmin

It is puzzling today to explain diversity and imperfection of actual transmission monopoly designs in competitive electricity markets. We argue […]

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The Effects of Interactions between Federal and State Climate Policies

Posted on January 6th, 2022 by tagadmin

In the absence of a federal policy to cap carbon emissions many states are moving forward with their own initiatives, […]

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Market Power and Electricity Market Reform in Northeast China

Posted on January 6th, 2022 by tagadmin

The Northeast region of China has been used as a testing ground for creation of a functioning wholesale electric power […]

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