搜索结果: 1-15 共查到“商业经济学 Electricity”相关记录30条 . 查询时间(0.093 秒)
Spot market power is
mitigated by putting suppliers and demanders in a more balanced position at the time of the spot
market. The markets also reduce transaction costs and improve liquidity and tran...
This paper examines principles of market design as
applied to electricity markets. I illustrate the principles
with examples of both good and bad designs. I discuss one
of the main design challe...
Pricing in the California Power Exchange Electricity Market: Should California Switch from Uniform Pricing to Pay-as-Bid Pricing?
Exchange Electricity Market Pay-as-Bid Pricing
2015/9/18
In mid-November, this Panel was constituted to investigate “whether the current rules for
determining the market price in the California Power Exchange Day-Ahead market results in a
fair and effic...
Testing for Market Efficiency with Transactions Costs: An Application to Convergence Bidding in Wholesale Electricity Markets
Market Efficiency Transactions Cost
2015/7/31
With risk neutral traders and zero transactions costs, the expected value of the
di erence between the current forward price and the spot price of a commodity at the
delivery date of the forward con...
Capacity payments in a cost-based wholesale electricity market: the case of Chile
Capacity payments Energy-only market
2015/7/31
This paper compares the long-run generator
revenues implications of a capacity payment mechanism relative
to an energy-only market mechanism for the Chilean wholesale
electricity supply industry...
Simulating the Interaction of a Renewable Portfolio Standard with Electricity and Carbon Markets
Electricity and Carbon Markets Renewable Portfolio Standard
2015/7/31
The authors ran a game-based simulation of an electricity
market with both an RPS and a cap-and-trade market for
greenhouse gas emissions allowances. High renewable
energy shares reduced and shifte...
Simulating the Interaction of a Renewable Portfolio Standard with Electricity and Carbon Markets
Electricity and Carbon Markets Renewable Portfolio Standard
2015/7/31
The authors ran a game-based simulation of an electricity
market with both an RPS and a cap-and-trade market for
greenhouse gas emissions allowances. High renewable
energy shares reduced and shifte...
A Comparison of Ex Ante versus Ex Post Vertical Market Power: Evidence from the Electricity Supply Industry
Post Vertical Market Power Electricity Supply Industry
2015/7/31
This paper provides a prospective and retrospective quantitative assessment of the impact
of a passive vertical integration between a large electricity retailer and a large electricity
generator i...
Upstream vs. downstream CO2 trading: A comparison for the electricity context
Emissions trading Greenhouse Gas regulation
2015/7/31
In electricity, ‘‘downstream’’ CO2 regulation requires retail suppliers to buy energy from a mix of
sources so that their weighted emissions satisfy a standard. It has been argued that such ‘‘load-ba...
Using restructured electricity supply industries to understand oligopoly industry outcomes
Electricity market design Electricity auction design
2015/7/31
This paper argues that many determinants of generic oligopoly market outcomes can be studied in bidbased wholesale electricity markets under much weaker assumptions than in other oligopoly industries
...
Measuring the Benefits of Greater Spatial Granularity in Short-Term Pricing in Wholesale Electricity Markets
Short-Term Pricing Greater Spatial Granularity
2015/7/31
This paper quantifies the economic benefits associated with the introduction of greater
spatial granularity in short-term pricing in the
California wholesale electricity market. On
April 1, 2009...
Measuring the competitiveness benefits of a transmission investment policy: The case of the Alberta electricity market
Wholesale Electricity Markets Valuing Transmission Expansions
2015/7/31
Transmission expansions can increase the extent of competition faced by wholesale electricity
suppliers with the ability to exercise unilateral market power. This can cause them to submit offer
curv...
Proposed Market Monitoring and Mitigation Plan for California Electricity Marke
California Electricity Marke Mitigation Plan
2015/7/31
The Market Surveillance Committee’s December 1, 2000 “Analysis of ‘Order Proposing
Remedies for California Wholesale Electricity Markets (Issued November 1, 2000)’,” concluded
that the “Proposed Ord...
A Comprehensive Market Power Mitigation Plan for the California Electricity Market
Comprehensive Market the California Electricity Market
2015/7/31
In its December 15, 2000 Report of the California electricity industry, the Federal Energy
Regulatory Commission (FERC) stated that electricity prices in California during the summer and autumn
of 2...
Designing a Competitive Wholesale Electricity Market That Benefits Consumers
Benefits Consumers Electricity Market
2015/7/31
All wholesale electricity markets currently operating in the United States are unlikely to
yield significant consumer benefits relative to the former vertically-integrated monopoly regime
because of...