Advanced Search
MyIDEAS: Login

Do Renewables Portfolio Standards Increase Electricity Prices? A Synthetic Control Approach

Contents:

Author Info

  • Karen Maguire

    ()
    (Oklahoma State University)

  • Abdul Munasib

    ()
    (University of Georgia)

Registered author(s):

    Abstract

    We examine whether state level Renewable Portfolio Standards (RPS) influence prices in the electricity market. While vital environmental goals underlie the rationale for RPS there exists a potential for negative welfare impacts through increased costs of electricity generation forcing consumers to allocate a larger portion of their income to energy consumption. We employ the Synthetic Control Method (SCM) for comparative case study and focus on Texas, an early adopter of RPS and arguably a success story. We find that RPS increased residential, industrial and total electricity prices while commercial prices were unaffected.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://spears.okstate.edu/ecls-working-papers/files/OKSWPS1403.pdf
    Our checks indicate that this address may not be valid because: 404 Not Found. If this is indeed the case, please notify (Harounan Kazianga)
    Download Restriction: no

    Bibliographic Info

    Paper provided by Oklahoma State University, Department of Economics and Legal Studies in Business in its series Economics Working Paper Series with number 1403.

    as in new window
    Length: 34 pages
    Date of creation: Jun 2013
    Date of revision: Aug 2013
    Handle: RePEc:okl:wpaper:1403

    Contact details of provider:
    Web page: http://spears.okstate.edu/ecls-working-papers/
    More information through EDIRC

    Related research

    Keywords: Renewable portfolio standard; electricity price; synthetic control method;

    Find related papers by JEL classification:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:okl:wpaper:1403. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Harounan Kazianga).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.