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Economic and political constraints on the demandside of electricity industry restucturing processes。
To better understand how a cap-and-trade market might function under high-carbon-price conditions, the authors ran a simulation called the ‘Electricity Strategy Game’ created by Severin Borenstein ...
This paper identifies the major political and economic constraints that impact the demand side of electricity industry restructuring processes. Demand-side constraints have been a major barrier to...
A key lesson is that FERC must regulate, rather than simply monitor, wholesale electricity markets. Rather than focusing its attention on monitoring market performance, FERC should instead concentr...
This paper identifies the major political and economic constraints that impact the demandside of electricity industry re-structuring processes. It then describes how these constraints have been addre...
This report proposes an ancillary services payment mechanism for the Chilean electricity supply industry. This is accomplished in three steps. The first section presents a set of economic principl...
This report proposes an ancillary services payment mechanism for the Chilean electricity supply industry. This is accomplished in three steps. The first section presents a set of economic principl...
We specify a structural asymmetric vector error-correction model to identify and estimate the demand and supply functions in hourly day-ahead wholesale electricity markets. In doing so, we provide, in...
The study is motivated by the question “what is the optimal tariff design?” While we do not offer an answer to this question, we use the different designs in four select countries to illuminate the is...
This paper investigates the short- and long-run causality issues between electricity consumption and economic growth in Korea by using the co-integration and error-correction models. It employs annual...
This article explains how the Swedish state-owned electricity company Vattenfall managed to become the most successful foreign player on the German electricity market. It does so by providing an in-de...
One of the challenges for power industry restructuring is to maintain sufficient generation installed capacity to meet demand in nowadays and in the future, and the electricity market failure in Calif...
There has been much academic debate on the ability of wind to provide a reliable electricity supply. The model presented here calculates the hourly power delivery of 25GW of wind turbines distributed ...
A quantitative look is taken at electricity and ICT as the engines of economic growth in Finland which was one of the leading countries in the electrification of mechanical drive in industry and which...
Forward markets, both medium term and long term, complement the spot market for wholesale electricity. The forward markets reduce risk, mitigate market power, and coordinate new investment. In the med...

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