Limits on greenhouse gas emissions would raise the prices of the goods and services that require such emissions for their production, including electricity. Looking at a variety of emission limit cases and scenarios for selling or allocating allowances to load-serving entities, the authors...

Risk resulting from transmission loading relief calls made by transmission system operators can be managed with information estimated by a statistical model capable of predicting one day in advance the probability that a particular wholesale power transaction might be curtailed. The model...