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Conceptual Vision of Energy Transition in the Regional Electric Power System in New Realities
Economy of Regions, 2023 The energy transition is a global problem affecting environmental and energy security, sustainable economic development, social well-being. However, since its implementation differs in certain regions, it is necessary to develop specific approaches that ...
Jel L94 +4 more
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Coase and Cap-and-Trade: Evidence on the Independence Property from the European Carbon Market
Social Science Research Network, 2023 I examine the Coasean independence property in a large multinational cap-and-trade scheme for greenhouse gas emissions, the EU Emissions Trading System.
A. Zaklan
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Imperfect Markets versus Imperfect Regulation in US Electricity Generation
The American Economic Review, 2022 This paper evaluates changes in electricity generation costs caused by the introduction of market mechanisms to determine production in the United States.
Steve Cicala
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Market Power and Price Exposure: Learning from Changes in Renewable Energy Regulation
American Economic Journal: Economic Policy, 2023 Given the critical role of renewable energies in current and future electricity markets, it is important to understand how they affect firms’ pricing incentives. We study whether the price-depressing effect of renewables depends on their degree of market
Natalia Fabra, Imelda
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Efficiency and Equity Impacts of Energy Subsidies
The American Economic Review, 2021 Economic theory suggests that energy subsidies can lead to excessive consumption and environmental degradation. However, the precise impact of energy subsidies is not well understood.
R. Hahn, R. Metcalfe
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Induced Innovation, Inventors, and the Energy Transition
Social Science Research Network, 2023 We study how individual inventors respond to incentives to work on “clean” electricity technologies. Using natural gas price variation, we estimate output and entry elasticities of inventors and measure the medium-term impacts of a price increase ...
Eugenie Dugoua, Todd D. Gerarden
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Contracting Matters: Hedging Producers and Consumers With a Renewable Energy Pool
Social Science Research NetworkRenewable energy installations are rapidly gaining market share due to falling technology costs and supportive policies. Meanwhile, the energy price crisis in 2022 shifted the energy policy debate toward the question of how consumers can better benefit ...
K. Neuhoff +3 more
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Journal of Industrial Economics, 2023 Using information on price bids in wholesale electricity pools and empirical techniques described in the literature on electricity markets, this study identifies the market power mitigation effect of public firms in the Colombian market.
Carlos Suarez
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Selection on Welfare Gains: Experimental Evidence from Electricity Plan Choice
AEA Randomized Controlled Trials, 2021 We study a problem in which policymakers need to screen self-selected individuals by unobserved heterogeneity in social welfare gains from a policy intervention.
Koichiro Ito, T. Ida, Makoto Tanaka
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The Long-Run Dynamics of Electricity Demand: Evidence From Municipal Aggregation
American Economic Journal: Applied Economics, 2017 We study the dynamics of residential electricity demand by exploiting a natural experiment that produced large and long-lasting price changes in over 250 Illinois communities.
T. Deryugina, Alexander Mackay, J. Reif
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