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Rate-Based Emissions Trading with Overlapping Policies : Insights from Theory and an Application to China

Fischer, Carolyn; Qu, Chenfei; Goulder, Lawrence H. - National Bureau of Economic Research - 2024

Jurisdictions employing emissions trading systems (ETSs) to control emissions often utilize other environmental or energy policies as well, including policies to support renewable energy and reduce energy consumption. Interactions with these other policies lead to different outcomes from what...

Persistent link: https://www.econbiz.de/10015145154

Intermittency and the Value of Renewable Energy

Gowrisankaran, Gautam - 2011

A key problem with solar energy is intermittency: solar generators only produce when the sun is shining. This adds to social costs and also requires electricity system operators to reoptimize key decisions with large-scale renewables. We develop a method to quantify the economic value of...

Persistent link: https://www.econbiz.de/10012461571

Energy Conservation "Nudges" and Environmentalist Ideology : Evidence from a Randomized Residential Electricity Field Experiment

Costa, Dora L. - 2010

"Nudges" are being widely promoted to encourage energy conservation. We show that the popular electricity conservation "nudge" of providing feedback to households on own and peers' home electricity usage in a home electricity report is two to four times more effective with political liberals...

Persistent link: https://www.econbiz.de/10012462713

Variable Pricing and the Cost of Renewable Energy

Fripp, Matthias (contributor); … - 2018

's projected 2045 technology and pessimistic interhour demand flexibility uses 79 percent renewable energy, without even accounting …

Persistent link: https://www.econbiz.de/10012453008

Long-Term Resource Adequacy in Wholesale Electricity Markets with Significant Intermittent Renewables

Wolak, Frank A. - National Bureau of Economic Research - 2021

Growing amounts of intermittent renewable generation capacity substantially increases the complexity of determining whether sufficient energy will be available to meet hourly demands throughout the year. As the events of August 2020 in California and February 2021 in Texas demonstrate, supply...

Persistent link: https://www.econbiz.de/10012599323

Greenhouse Gases Resulting from Grid-Connected Electricity Demand : Three Pillars and Scope Two

Dunkle Werner, Karl; Levinson, Arik - National Bureau of Economic Research - 2025

Many governments and businesses would like to minimize or eliminate the greenhouse gases that result from their purchases of power from electricity grids. Because electricity flows cannot be traced from purchasers back to specific generators, some regulators and users have proposed an...

Persistent link: https://www.econbiz.de/10015361421

Bridging the Gaps : The Impact of Interregional Transmission on Emissions and Reliability

Botterud, Audun; Knittel, Christopher R.; Parsons, John E. - National Bureau of Economic Research - 2024

The substantial decline in the cost of wind and solar generation over recent decades has significantly altered the energy landscape. With these technologies becoming economically viable, even without stringent decarbonization policies, the role of interregional transmission has become...

Persistent link: https://www.econbiz.de/10015072937

Buffering Volatility : A Study on the Limits of Germany’s Energy Revolution

Sinn, Hans-Werner - 2016

Squaring hourly demand and wind-solar production data for Germany and a number of neighbouring countries with the … results of the EU's ESTORAGE project, this paper studies the limits of Germany's energy revolution in view of the volatility …, Norwegian hydro-dam buffering and international diversification via grid expansion. If Germany operated in autarchy and tried to …

Persistent link: https://www.econbiz.de/10012456210

Deregulation, Consolidation, and Efficiency : Evidence from U.S. Nuclear Power

Davis, Lucas W. - 2011

For the first four decades of its existence the U.S. nuclear power industry was run by regulated utilities, with most companies owning only one or two reactors. Beginning in the late 1990s electricity markets in many states were deregulated and almost half of the nation's 103 reactors were sold...

Persistent link: https://www.econbiz.de/10012461317

Imperfect Markets versus Imperfect Regulation in U.S. Electricity Generation

Cicala, Steve - 2017

This paper measures changes in electricity generation costs caused by the introduction of market mechanisms to determine output decisions in service areas that were previously using command-and-control-type operations. I use the staggered transition to markets from 1999- 2012 to evaluate the...

Persistent link: https://www.econbiz.de/10012455627