generate revenue and reduce greenhouse gas emissions. Imposing a carbon tax on electricity production based on the social cost … electricity markets. The sources of emissions reductions in the sector depend on the level of the tax. A carbon tax based on lower …

been much debate about their potential effects on electricity reliability. Only very exceptional circumstances would … trigger supply disruptions; however, the changes may affect electricity prices, the generation mix, and industry revenues …. Coincident with these new rules, expectations about natural gas prices and future electricity demand growth are changing in ways …

electricity generating fleet than most studies have predicted. …

Identifying the factors that influence electricity demand in the continental United States and mathematically … characterizing them are important for developing electricity consumption projections. The price elasticity of demand is especially … important, since the electricity price effects of policy implementation can be substantial and the demand response to policy …

Policies to cap emissions of carbon dioxide (CO2) in the U.S. economy could pose significant costs on the electricity … electricity sector, we evaluate alternative ways that emission allowances can be allocated. Most previous emissions trading … programs have allocated the major portion of allowances for free to incumbent firms. In the electricity sector this approach …

generation performance standard as alternative approaches for distributing carbon emission allowances in the electricity sector …. We solve a detailed national electricity market model and find the auction is roughly one-half the societal cost of the … competition in the electricity sector. The differences in the cost of the approaches flow from the effect of each approach on …