Energy economists have long argued the benefits of real time pricing (RTP) of electricity. Their basis for modeling … customers response to short-term fluctuations in electricity prices are based on theories of rational firm behavior, where … institutional customers in the Niagara Mohawk Power Corporation service territory that have faced day-ahead electricity market …

may purchase electricity at a fixed retail rate from its utility. Using the real options approach, we find natural gas … generating cost thresholds that trigger DG investment. Furthermore, the consideration of operational flexibility by the microgrid … accelerates DG investment, while the option to disconnect entirely from the utility is not attractive. By allowing the electricity …

Renewable energy certificates (RECs) represent the attributes of electricity generated from renewable energy sources …. These attributes are unbundled from the physical electricity, and the two products-the attributes embodied in the … certificates and the commodity electricity-may be sold or traded separately. RECs are quickly becoming the currency of renewable …

In order to increase the welfare of society through the implementation of a building energy-performance standard, a …

model-based scenario, in which wind energy provides 20% of the U.S. electricity demand in 2030. The report discusses a set … already have a high penetration of wind power (i.e., in the range of 7 to 20% of electricity consumption in countries such as … United States as well as in Europe. A large-scale introduction of wind power causes a number of challenges for electricity …

renewable electricity generation, and may be (and increasingly are) sold separately from the underlying electricity itself. RECs … electricity both make claims to the renewable energy attributes of the facility in question (Hamrin and Wingate 2003). When … renewable electricity is sold and purchased, an important question therefore arises: ''Who owns the RECs created by the …

importance of policy flexibility, binding targets, effective cost caps, and tradable permits. Understanding and building on the …

Utilities first began offering consumers a choice of purchasing electricity generated from renewable energy sources in … than 500 utilities in regulated electricity markets--or about 16% of all utilities nationally--offer their customers green … customers spanning 34 states have the ability to purchase renewable energy to meet some portion or all of their electricity …

Voluntary consumer decisions to purchase electricity supplied from renewable energy sources represent a powerful market … and in states that have introduced competition into their retail electricity markets. Today, more than 50% of all U ….S. consumers have an option to purchase some type of green power product from a retail electricity provider. This report provides …