IDEAS home Printed from https://ideas.repec.org/e/c/pbu181.html
   My authors  Follow this author

James Bushnell

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Wikipedia or ReplicationWiki mentions

(Only mentions on Wikipedia that link back to a page on a RePEc service)
  1. James B. Bushnell & Erin T. Mansur & Celeste Saravia, 2008. "Vertical Arrangements, Market Structure, and Competition: An Analysis of Restructured US Electricity Markets," American Economic Review, American Economic Association, vol. 98(1), pages 237-266, March.

    Mentioned in:

    1. Vertical Arrangements, Market Structure, and Competition: An Analysis of Restructured US Electricity Markets (AER 2008) in ReplicationWiki ()
  2. Severin Borenstein & James B. Bushnell & Frank A. Wolak, 2002. "Measuring Market Inefficiencies in California's Restructured Wholesale Electricity Market," American Economic Review, American Economic Association, vol. 92(5), pages 1376-1405, December.

    Mentioned in:

    1. Measuring Market Inefficiencies in California's Restructured Wholesale Electricity Market (AER 2002) in ReplicationWiki ()
  3. James B. Bushnell & Howard Chong & Erin T. Mansur, 2013. "Profiting from Regulation: Evidence from the European Carbon Market," American Economic Journal: Economic Policy, American Economic Association, vol. 5(4), pages 78-106, November.

    Mentioned in:

    1. Profiting from Regulation: Evidence from the European Carbon Market (American Economic Journal: Economic Policy 2013) in ReplicationWiki ()

Working papers

  1. James B. Bushnell & Erich Muehlegger & David S. Rapson, 2022. "Energy Prices and Electric Vehicle Adoption," NBER Working Papers 29842, National Bureau of Economic Research, Inc.

    Cited by:

    1. Erich Muehlegger & David S. Rapson, 2018. "Subsidizing Low- and Middle-Income Adoption of Electric Vehicles: Quasi-Experimental Evidence from California," NBER Working Papers 25359, National Bureau of Economic Research, Inc.

  2. Fiona Burlig & James B. Bushnell & David Rapson & Catherine D. Wolfram, 2021. "Low Energy: Estimating Electric Vehicle Electricity Use," Working Papers 2021-17, Becker Friedman Institute for Research In Economics.

    Cited by:

    1. Lucas W. Davis, 2023. "The Economic Determinants of Heat Pump Adoption," NBER Working Papers 31344, National Bureau of Economic Research, Inc.
    2. Ross Mckitrick, 2023. "Economic Implications of a Phased-in EV Mandate in Canada," Working Papers 2301, University of Guelph, Department of Economics and Finance.
    3. Erich Muehlegger & David S. Rapson, 2018. "Subsidizing Low- and Middle-Income Adoption of Electric Vehicles: Quasi-Experimental Evidence from California," NBER Working Papers 25359, National Bureau of Economic Research, Inc.
    4. Chakraborty, Debapriya & Hardman, Scott & Tal, Gil, 2021. "Integrating Plug-in Electric Vehicles (PEVs) into Household Fleets - Factors Influencing Miles Traveled by PEV Owners in California," Institute of Transportation Studies, Working Paper Series qt2214q937, Institute of Transportation Studies, UC Davis.
    5. Ashley Nunes & Lucas Woodley & Philip Rossetti, 2022. "Re-thinking procurement incentives for electric vehicles to achieve net-zero emissions," Nature Sustainability, Nature, vol. 5(6), pages 527-532, June.
    6. Asad Waqar Malik & Zahid Anwar, 2022. "Do Charging Stations Benefit from Cryptojacking? A Novel Framework for Its Financial Impact Analysis on Electric Vehicles," Energies, MDPI, vol. 15(16), pages 1-15, August.
    7. James Bushnell & David Rapson, 2022. "The Electric Ceiling: Limits and Costs of Full Electrification," Working Papers 2220, Federal Reserve Bank of Dallas.

  3. Severin Borenstein & James B. Bushnell, 2021. "Headwinds and Tailwinds: Implications of Inefficient Retail Energy Pricing for Energy Substitution," NBER Working Papers 29118, National Bureau of Economic Research, Inc.

    Cited by:

    1. Severin Borenstein & Ryan Kellogg, 2022. "Carbon Pricing, Clean Electricity Standards, and Clean Electricity Subsidies on the Path to Zero Emissions," NBER Chapters, in: Environmental and Energy Policy and the Economy, volume 4, pages 125-176, National Bureau of Economic Research, Inc.
    2. Aldy, Joseph E. & Burtraw, Dallas & Fischer, Carolyn & Fowlie, Meredith & Williams, Roberton C. & Cropper, Maureen L., 2022. "How is the U.S. Pricing Carbon? How Could We Price Carbon?," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 13(3), pages 310-334, October.
    3. Willems, Bert & Pollitt, Michael & von der Fehr, Nils-Henrik & Banet, Catherine, 2022. "The European Wholesale Electricty Market: From Crisis to Net Zero," Other publications TiSEM 2f225964-853e-4d30-a46d-0, Tilburg University, School of Economics and Management.
    4. David A. Gautschi & Heidi C. Gautschi & Christopher L. Tucci, 2022. "What If? Electricity as Money," JRFM, MDPI, vol. 15(4), pages 1-24, April.

  4. Bushnell, James PhD & Mazzone, Daniel & Smith, Aaron & Witcover, Julie, 2020. "Uncertainty, Innovation, and Infrastructure Credits: Outlook for the Low Carbon Fuel Standard Through 2030," Institute of Transportation Studies, Working Paper Series qt7sk9628s, Institute of Transportation Studies, UC Davis.

    Cited by:

    1. Gabriel E. Lade & C.-Y. Cynthia Lin Lawell, 2021. "The Design of Renewable Fuel Mandates and Cost Containment Mechanisms," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 79(2), pages 213-247, June.

  5. Severin Borenstein & James B. Bushnell, 2018. "Do Two Electricity Pricing Wrongs Make a Right? Cost Recovery, Externalities, and Efficiency," NBER Working Papers 24756, National Bureau of Economic Research, Inc.

    Cited by:

    1. Arik Levinson & Emilson Silva, 2019. "The Electric Gini: Income Redistribution through Energy Prices," NBER Working Papers 26385, National Bureau of Economic Research, Inc.
    2. Jan-Horst Keppler & Simon Quemin & Marcelo Saguan, 2022. "Why the sustainable provision of low-carbon electricity needs hybrid markets," Post-Print hal-03964488, HAL.
    3. Severin Borenstein & Ryan Kellogg, 2022. "Carbon Pricing, Clean Electricity Standards, and Clean Electricity Subsidies on the Path to Zero Emissions," NBER Chapters, in: Environmental and Energy Policy and the Economy, volume 4, pages 125-176, National Bureau of Economic Research, Inc.
    4. Stephen P. Holland & Erin T. Mansur & Nicholas Z. Muller & Andrew J. Yates, 2020. "Decompositions and Policy Consequences of an Extraordinary Decline in Air Pollution from Electricity Generation," American Economic Journal: Economic Policy, American Economic Association, vol. 12(4), pages 244-274, November.
    5. Costa, Francisco J M & Gerard, François, 2019. "Hysteresis and the Welfare Effect of Corrective Policies: Theory and Evidence from an Energy Saving Program," SocArXiv r4wep, Center for Open Science.
    6. Pretto, Madeline, 2021. "Tail-risk Comprehension and Protection in Real-time Electricity Pricing : Experimental Evidence," Warwick-Monash Economics Student Papers 25, Warwick Monash Economics Student Papers.
    7. Stefan Lamp & Mario Samano, 2023. "(Mis)allocation of Renewable Energy Sources," Post-Print hal-04409144, HAL.
    8. Xavier Labandeira & Jose M. Labeaga & Jordi J. Teixidó, 2018. "“Major Reforms in Electricity Pricing: Evidence from a Quasi-Experiment”," IREA Working Papers 201828, University of Barcelona, Research Institute of Applied Economics, revised Dec 2018.
    9. Ekaterina Alekhanova, 2023. "Summertime Sadness: Time Sensitivity of Electricity Savings from a Behavioral Nudge," Carleton Economic Papers 23-01, Carleton University, Department of Economics, revised 11 Nov 2023.
    10. Marie-Louise Arlt & Nicolas Astier, 2023. "Do retail businesses have efficient incentives to invest in public charging stations for electric vehicles?," PSE-Ecole d'économie de Paris (Postprint) halshs-04330805, HAL.
    11. Miwa Nakai & Victor von Loessl & Heike Wetzel, 2022. "Preferences for dynamic electricity tariffs: A comparison of households in Germany and Japan," MAGKS Papers on Economics 202213, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    12. Peffley, Trevor B. & Pearce, Joshua M., 2020. "The potential for grid defection of small and medium sized enterprises using solar photovoltaic, battery and generator hybrid systems," Renewable Energy, Elsevier, vol. 148(C), pages 193-204.
    13. Ansarin, Mohammad & Ghiassi-Farrokhfal, Yashar & Ketter, Wolfgang & Collins, John, 2020. "The economic consequences of electricity tariff design in a renewable energy era," Applied Energy, Elsevier, vol. 275(C).
    14. Jeddi, Samir & Sitzmann, Amelie, 2021. "Network tariffs under different pricing schemes in a dynamically consistent framework," EWI Working Papers 2021-1, Energiewirtschaftliches Institut an der Universitaet zu Koeln (EWI).
    15. Stephen Jarvis, 2021. "The Economic Costs of NIMBYism - Evidence From Renewable Energy Projects," CRC TR 224 Discussion Paper Series crctr224_2021_300, University of Bonn and University of Mannheim, Germany.
    16. Ahmed S. Alahmed & Lang Tong, 2022. "Integrating Distributed Energy Resources: Optimal Prosumer Decisions and Impacts of Net Metering Tariffs," Papers 2204.06115, arXiv.org, revised May 2022.
    17. Henriquez-Auba, Rodrigo & Hidalgo-Gonzalez, Patricia & Pauli, Patricia & Kalathil, Dileep & Callaway, Duncan S. & Poolla, Kameshwar, 2021. "Sharing economy and optimal investment decisions for distributed solar generation," Applied Energy, Elsevier, vol. 294(C).
    18. Brucal, Arlan & Tarui, Nori, 2021. "The effects of utility revenue decoupling on electricity prices," Energy Economics, Elsevier, vol. 101(C).
    19. Anette Boom & Stefan Buehler, 2020. "Vertical structure and the risk of rent extraction in the electricity industry," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 29(1), pages 210-237, January.
    20. Kathrine von Graevenitz & Elisa Rottner, 2024. "Climate Policies and Electricity Prices: To Abate or to Generate?," CRC TR 224 Discussion Paper Series crctr224_2024_504, University of Bonn and University of Mannheim, Germany.
    21. Lavin, Luke & Apt, Jay, 2021. "The importance of peak pricing in realizing system benefits from distributed storage," Energy Policy, Elsevier, vol. 157(C).
    22. Ansarin, Mohammad & Ghiassi-Farrokhfal, Yashar & Ketter, Wolfgang & Collins, John, 2022. "Economic inefficiencies of pricing distributed generation under novel tariff designs," Applied Energy, Elsevier, vol. 313(C).
    23. Harding, Matthew & Kettler, Kyle & Lamarche, Carlos & Ma, Lala, 2021. "The (Alleged) Environmental and Social Benefits of Dynamic Pricing," IZA Discussion Papers 14846, Institute of Labor Economics (IZA).
    24. Marie-Louise Arlt & Nicolas Astier, 2023. "Do retail businesses have efficient incentives to invest in public charging stations for electric vehicles?," Post-Print halshs-04330805, HAL.
    25. Sebastien Houde & Erica Myers, 2019. "Are Consumers Attentive to Local Energy Costs? Evidence from the Appliance Market," CER-ETH Economics working paper series 19/313, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    26. Hancevic, Pedro I. & Sandoval, Hector H., 2022. "Low-income energy efficiency programs and energy consumption," Journal of Environmental Economics and Management, Elsevier, vol. 113(C).
    27. Mier, Mathias, 2021. "Efficient pricing of electricity revisited," Energy Economics, Elsevier, vol. 104(C).
    28. Joshua A. Blonz, 2023. "The Costs of Misaligned Incentives: Energy Inefficiency and the Principal-Agent Problem," American Economic Journal: Economic Policy, American Economic Association, vol. 15(3), pages 286-321, August.
    29. Lucas Cain & Danae Hernandez-Cortes & Christopher Timmins & Paige Weber, 2023. "Recent Findings and Methodologies in Economics Research in Environmental Justice," CESifo Working Paper Series 10283, CESifo.
    30. Arlt, Marie-Louise & Astier, Nicolas, 2023. "Do retail businesses have efficient incentives to invest in public charging stations for electric vehicles?," Energy Economics, Elsevier, vol. 124(C).
    31. Ahmed S. Alahmed & Lang Tong, 2021. "On Net Energy Metering X: Optimal Prosumer Decisions, Social Welfare, and Cross-Subsidies," Papers 2109.09977, arXiv.org, revised Jan 2022.
    32. Pedro I. Hancevic & Hector H. Sandoval, 2023. "Solar Panel Adoption in SMEs in Emerging Countries," Working Papers 222, Red Nacional de Investigadores en Economía (RedNIE).
    33. Bruno, Ellen M. & Jessoe, Katrina K. & Hanemann, Michael, 2023. "The Dynamic Impacts of Pricing Groundwater," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt2mx8q1td, Department of Agricultural & Resource Economics, UC Berkeley.
    34. Khan, Mushtaq & Watkins, Mitchell & Zahan, Iffat, 2022. "De-risking private power in Bangladesh: How financing design can stop collusive contracting," Energy Policy, Elsevier, vol. 168(C).
    35. McRae, Shaun D. & Wolak, Frank A., 2021. "Retail pricing in Colombia to support the efficient deployment of distributed generation and electric stoves," Journal of Environmental Economics and Management, Elsevier, vol. 110(C).
    36. Brown, David P. & Sappington, David E. M., 2023. "Designing Incentive Regulation in the Electricity Sector," Working Papers 2023-10, University of Alberta, Department of Economics.
    37. Leslie A. Martin, 2022. "Driving on Sunbeams: Interactions Between Price Incentives for Electric Vehicles, Residential Solar Photovoltaics and Household Battery Systems," Economic Papers, The Economic Society of Australia, vol. 41(4), pages 369-384, December.
    38. Simeone, Christina E. & Gagnon, Pieter & Cappers, Peter & Satchwell, Andrew, 2023. "The bill alignment test: Identifying trade-offs with residential rate design options," Utilities Policy, Elsevier, vol. 82(C).
    39. Scott P. Burger & Christopher R. Knittel & Ignacio J. Pérez-Arriaga & Ian Schneider & Frederik vom Scheidt, 2019. "The Efficiency and Distributional Effects of Alternative Residential Electricity Rate Designs," NBER Working Papers 25570, National Bureau of Economic Research, Inc.
    40. Feger, Fabian & Radulescu, Doina, 2020. "When environmental and redistribution concerns collide: The case of electricity pricing," Energy Economics, Elsevier, vol. 90(C).
    41. Abajian, Alexander & Pretnar, Nick, 2023. "Subsidies for Close Substitutes: Evidence from Residential Solar Systems," MPRA Paper 118171, University Library of Munich, Germany.
    42. Gorman, Will & Jarvis, Stephen & Callaway, Duncan, 2020. "Should I Stay Or Should I Go? The importance of electricity rate design for household defection from the power grid," Applied Energy, Elsevier, vol. 262(C).
    43. Seung Min Kim & Kenneth Gillingham, 2024. "Air Pollution and Solar Energy: Evidence from Wildfires," CESifo Working Paper Series 10948, CESifo.
    44. Savelli, Iacopo & De Paola, Antonio & Li, Furong, 2020. "Ex-ante dynamic network tariffs for transmission cost recovery," Applied Energy, Elsevier, vol. 258(C).
    45. James M. Sallee, 2023. "Retiring Old Capital to Foster Decarbonization," NBER Chapters, in: Entrepreneurship and Innovation Policy and the Economy, volume 3, pages 115-138, National Bureau of Economic Research, Inc.
    46. Becka Brolinson, 2019. "Does Increasing Block Pricing Decrease Energy Use? Evidence from the Residential Electricity Market," Working Papers gueconwpa~19-19-06, Georgetown University, Department of Economics.
    47. Freier, Julia & von Loessl, Victor, 2022. "Dynamic electricity tariffs: Designing reasonable pricing schemes for private households," Energy Economics, Elsevier, vol. 112(C).

  6. James Bushnell & Kevin Novan, 2018. "Setting with the Sun: The Impacts of Renewable Energy on Wholesale Power Markets," NBER Working Papers 24980, National Bureau of Economic Research, Inc.

    Cited by:

    1. Hindriks, Jean & Serse, Valerio, 2022. "The incidence of VAT reforms in electricity markets: Evidence from Belgium," International Journal of Industrial Organization, Elsevier, vol. 80(C).
    2. Natalia Fabra & Imelda, 2021. "Market Power and Price Exposure: Learning from Changes in Renewables Regulation," Working Papers EPRG2117, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    3. Nicholas Ryan, 2020. "Holding Up Green Energy," Cowles Foundation Discussion Papers 2294, Cowles Foundation for Research in Economics, Yale University.
    4. Csereklyei, Zsuzsanna & Qu, Songze & Ancev, Tihomir, 2019. "The effect of wind and solar power generation on wholesale electricity prices in Australia," Working Papers 2019-09, University of Sydney, School of Economics, revised Mar 2019.
    5. Olukunle O. Owolabi & Toryn L. J. Schafer & Georgia E. Smits & Sanhita Sengupta & Sean E. Ryan & Lan Wang & David S. Matteson & Mila Getmansky Sherman & Deborah A. Sunter, 2021. "Role of Variable Renewable Energy Penetration on Electricity Price and its Volatility Across Independent System Operators in the United States," Papers 2112.11338, arXiv.org, revised Nov 2022.
    6. Stefan Lamp & Mario Samano, 2023. "(Mis)allocation of Renewable Energy Sources," Post-Print hal-04409144, HAL.
    7. Brown, Patrick R. & O’Sullivan, Francis M., 2019. "Shaping photovoltaic array output to align with changing wholesale electricity price profiles," Applied Energy, Elsevier, vol. 256(C).
    8. Xavier Labandeira & Jose M. Labeaga & Jordi J. Teixidó, 2018. "“Major Reforms in Electricity Pricing: Evidence from a Quasi-Experiment”," IREA Working Papers 201828, University of Barcelona, Research Institute of Applied Economics, revised Dec 2018.
    9. Brown, David P. & Zarnikau, Jay & Woo, Chi-Keung, 2020. "Does Locational Marginal Pricing Impact Generation Investment Location Decisions? An Analysis of Texas's Wholesale Electricity Market," Working Papers 2020-1, University of Alberta, Department of Economics.
    10. Simshauser, P., 2021. "Rooftop Solar PV and the Peak Load Problem in the NEM’s Queensland Region," Cambridge Working Papers in Economics 2180, Faculty of Economics, University of Cambridge.
    11. López Prol, Javier & Steininger, Karl W. & Zilberman, David, 2020. "The cannibalization effect of wind and solar in the California wholesale electricity market," Energy Economics, Elsevier, vol. 85(C).
    12. Mills, Andrew & Wiser, Ryan & Millstein, Dev & Carvallo, Juan Pablo & Gorman, Will & Seel, Joachim & Jeong, Seongeun, 2021. "The impact of wind, solar, and other factors on the decline in wholesale power prices in the United States," Applied Energy, Elsevier, vol. 283(C).
    13. Brown, Patrick R. & O'Sullivan, Francis M., 2020. "Spatial and temporal variation in the value of solar power across United States electricity markets," Renewable and Sustainable Energy Reviews, Elsevier, vol. 121(C).
    14. Jain, Sourabh & Shrimali, Gireesh, 2022. "Impact of renewable electricity on utility finances: Assessing merit order effect for an Indian utility," Energy Policy, Elsevier, vol. 168(C).
    15. SHIMOMURA Mizue & KEELEY Alexander Ryota & MATSUMOTO Ken'ichi & TANAKA Kenta & MANAGI Shunsuke, 2022. "Impact of the Rapid Expansion of Renewable Energy on Electricity Market Price: Using machine learning and shapley additive explanation," Discussion papers 22090, Research Institute of Economy, Trade and Industry (RIETI).
    16. Macedo, Daniela Pereira & Marques, António Cardoso & Damette, Olivier, 2020. "The impact of the integration of renewable energy sources in the electricity price formation: is the Merit-Order Effect occurring in Portugal?," Utilities Policy, Elsevier, vol. 66(C).
    17. Fabra, Natalia, 2021. "The energy transition: An industrial economics perspective," International Journal of Industrial Organization, Elsevier, vol. 79(C).
    18. Perez, Alex & Garcia-Rendon, John J., 2021. "Integration of non-conventional renewable energy and spot price of electricity: A counterfactual analysis for Colombia," Renewable Energy, Elsevier, vol. 167(C), pages 146-161.
    19. Maniatis, Georgios I. & Milonas, Nikolaos T., 2022. "The impact of wind and solar power generation on the level and volatility of wholesale electricity prices in Greece," Energy Policy, Elsevier, vol. 170(C).
    20. Boampong, Richard & Brown, David P., 2018. "On The Benefits of Behind-the-Meter Rooftop Solar and Energy Storage: The Importance of Retail Rate Design," Working Papers 2018-19, University of Alberta, Department of Economics.
    21. López Prol, Javier & Schill, Wolf-Peter, 2021. "The Economics of Variable Renewables and Electricity Storage," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242463, Verein für Socialpolitik / German Economic Association.
    22. Csermely, Ágnes, 2022. "A naperőművek nagykereskedelmi piaci árakra és a hagyományos technológiákra gyakorolt hatása Magyarországon [The merit order effect of photovoltaic electricity generation in Hungary]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(5), pages 547-571.
    23. Liebensteiner, Mario & Wrienz, Matthias, 2020. "Do Intermittent Renewables Threaten the Electricity Supply Security?," Energy Economics, Elsevier, vol. 87(C).
    24. Concettini, Silvia & Creti, Anna & Gualdi, Stanislao, 2022. "Assessing the regional redistributive effect of renewable power production through a spot market algorithm simulator: The case of Italy," Energy Economics, Elsevier, vol. 114(C).
    25. Percebois, Jacques & Pommeret, Stanislas, 2019. "Storage cost induced by a large substitution of nuclear by intermittent renewable energies: The French case," Energy Policy, Elsevier, vol. 135(C).
    26. Simshauser, P. & Billimoria, F. & Rogers, C., 2021. "Optimising VRE Plant Capacity in Renewable Energy Zones," Cambridge Working Papers in Economics 2164, Faculty of Economics, University of Cambridge.
    27. Glenk, Gunther & Reichelstein, Stefan, 2021. "Intermittent versus dispatchable power sources: An integrated competitive assessment," ZEW Discussion Papers 21-065, ZEW - Leibniz Centre for European Economic Research.
    28. Llobet, Gerard & Fabra, Natalia, 2019. "Auctions with Unknown Capacities: Understanding Competition among Renewables," CEPR Discussion Papers 14060, C.E.P.R. Discussion Papers.
    29. Ricardo Gonçalves & Flávio Menezes, 2022. "Market‐wide impact of renewables on electricity prices in Australia," The Economic Record, The Economic Society of Australia, vol. 98(320), pages 1-21, March.
    30. Shan, Rui & Sasthav, Colin & Wang, Xianxun & Lima, Luana M.M., 2020. "Complementary relationship between small-hydropower and increasing penetration of solar photovoltaics: Evidence from CAISO," Renewable Energy, Elsevier, vol. 155(C), pages 1139-1146.
    31. Nibedita, Barsha & Irfan, Mohd, 2022. "Analyzing the asymmetric impacts of renewables on wholesale electricity price: Empirical evidence from the Indian electricity market," Renewable Energy, Elsevier, vol. 194(C), pages 538-551.
    32. John J. García Rendón & Alex F. Pérez-Libreros, 2019. "El precio spot de la electricidad y la inclusión de energía renovable no convencional: evidencia para Colombia," Documentos de Trabajo de Valor Público 17393, Universidad EAFIT.
    33. Chi Kong Chyong & Michael Pollitt & Reuben Cruise, 2019. "Can wholesale electricity prices support "subsidy-free" generation investment in Europe?," Working Papers EPRG1919, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    34. Sirin, Selahattin Murat & Yilmaz, Berna N., 2020. "Variable renewable energy technologies in the Turkish electricity market: Quantile regression analysis of the merit-order effect," Energy Policy, Elsevier, vol. 144(C).
    35. Liu, Tingting & Xu, Jiuping, 2021. "Equilibrium strategy based policy shifts towards the integration of wind power in spot electricity markets: A perspective from China," Energy Policy, Elsevier, vol. 157(C).
    36. Koolen, Derck & Huisman, Ronald & Ketter, Wolfgang, 2022. "Decision strategies in sequential power markets with renewable energy," Energy Policy, Elsevier, vol. 167(C).

  7. Gabriel E. Lade & James Bushnell, 2016. "Fuel Subsidy Pass-Through and Market Structure: Evidence from the Renewable Fuel Standard," Center for Agricultural and Rural Development (CARD) Publications 16-wp570, Center for Agricultural and Rural Development (CARD) at Iowa State University.

    Cited by:

    1. Joseph E. Aldy & Maximilian Auffhammer & Maureen Cropper & Arthur Fraas & Richard Morgenstern, 2022. "Looking Back at 50 Years of the Clean Air Act," Journal of Economic Literature, American Economic Association, vol. 60(1), pages 179-232, March.
    2. Luo, Jinjing & Moschini, GianCarlo, 2019. "Pass-through of the policy-induced E85 subsidy: Insights from Hotelling's model," Energy Economics, Elsevier, vol. 84(C).
    3. Li, Jing & Stock, James H., 2019. "Cost pass-through to higher ethanol blends at the pump: Evidence from Minnesota gas station data," Journal of Environmental Economics and Management, Elsevier, vol. 93(C), pages 1-19.
    4. Yeh, Sonia & Burtraw, Dallas & Sterner, Thomas & Greene, David, 2021. "Tradable performance standards in the transportation sector," Energy Economics, Elsevier, vol. 102(C).
    5. Scott H. Irwin & Kristen McCormack & James H. Stock, 2020. "The Price of Biodiesel RINs and Economic Fundamentals," American Journal of Agricultural Economics, John Wiley & Sons, vol. 102(3), pages 734-752, May.
    6. Reinhard Ellwanger & Hinnerk Gnutzmann & Piotr Śpiewanowski, 2023. "Cost Pass-Through with Capacity Constraints and International Linkages," Staff Working Papers 23-16, Bank of Canada.
    7. Christina Korting & Harry de Gorter & David R Just, 2019. "Who Will Pay for Increasing Biofuel Mandates? Incidence of the Renewable Fuel Standard Given a Binding Blend Wall," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 101(2), pages 492-506.
    8. Erich Muehlegger & Richard L. Sweeney, 2017. "Pass-Through of Own and Rival Cost Shocks: Evidence from the U.S. Fracking Boom," NBER Working Papers 24025, National Bureau of Economic Research, Inc.
    9. Burkhardt, Jesse, 2019. "The impact of the Renewable Fuel Standard on US oil refineries," Energy Policy, Elsevier, vol. 130(C), pages 429-437.
    10. Gabriel E. Lade, 2018. "Testimony Before the U.S. House Committee on Energy and Commerce Subcommittee on Environment," Center for Agricultural and Rural Development (CARD) Publications 18-pb24, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    11. David P Byrne & Leslie A Martin & Jia Sheen Nah, 2023. "Price Discrimination by Negotiation: a Field Experiment in Retail Electricity," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 137(4), pages 2499-2537.
    12. Linn, Joshua, 2022. "Balancing Equity and Effectiveness for Electric Vehicle Subsidies," RFF Working Paper Series 22-07, Resources for the Future.
    13. Naylor, Jamie & Deaton, B. James & Ker, Alan, 2020. "Assessing the effect of food retail subsidies on the price of food in remote Indigenous communities in Canada," Food Policy, Elsevier, vol. 93(C).
    14. Zhang, Wei, 2021. "California's Climate Policy and the Dairy Manufacturing Industry: How Does a Federal Milk Marketing Order Matter?," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 46(3), September.
    15. Brandon Schaufele, 2022. "Curvature and competitiveness: Carbon taxes in cattle markets," American Journal of Agricultural Economics, John Wiley & Sons, vol. 104(4), pages 1268-1292, August.
    16. Catherine Hausman, 2019. "Shock Value: Bill Smoothing and Energy Price Pass‐Through," Journal of Industrial Economics, Wiley Blackwell, vol. 67(2), pages 242-278, June.
    17. Karel Janda & Eva Michalikova & Luiz Célio Souza Rocha & Paulo Rotella Junior & Barbora Schererova & David Zilberman, 2022. "Review of the Impact of Biofuels on U.S. Retail Gasoline Prices," Energies, MDPI, vol. 16(1), pages 1-21, December.
    18. Pouliot, Sebastien & Smith, Aaron & Stock, James H., 2017. "RIN Pass-Through at Gasoline Terminals," ISU General Staff Papers 201702220800001049, Iowa State University, Department of Economics.
    19. Swanson, Andrew C., 2023. "The Pass-Through of California’s Low Carbon Fuel Standard Subsidies to Midwestern Grain and By-Product Markets," 2023 Annual Meeting, July 23-25, Washington D.C. 335864, Agricultural and Applied Economics Association.
    20. Aldy, Joseph E. & Auffhammer, Maximillian & Cropper, Maureen L. & Fraas, Arthur G. & Morgenstern, Richard D., 2020. "Looking Back at Fifty Years of the Clean Air Act," RFF Working Paper Series 20-01, Resources for the Future.

  8. Severin Borenstein & James Bushnell & Frank A. Wolak & Matthew Zaragoza-Watkins, 2015. "Expecting the Unexpected: Emissions Uncertainty and Environmental Market Design," NBER Working Papers 20999, National Bureau of Economic Research, Inc.

    Cited by:

    1. Jan-Horst Keppler & Simon Quemin & Marcelo Saguan, 2022. "Why the sustainable provision of low-carbon electricity needs hybrid markets," Post-Print hal-03964488, HAL.
    2. Severin Borenstein & Ryan Kellogg, 2022. "Carbon Pricing, Clean Electricity Standards, and Clean Electricity Subsidies on the Path to Zero Emissions," NBER Chapters, in: Environmental and Energy Policy and the Economy, volume 4, pages 125-176, National Bureau of Economic Research, Inc.
    3. Gerlagh, Reyer & Hejimans, Roweno J. R. K. & Rosendahl, Knut Einar, 2020. "Endogenous Emission Caps Always Produce a Green Paradox," Working Paper Series 4-2020, Norwegian University of Life Sciences, School of Economics and Business.
    4. Kellogg, Ryan, 2020. "Output and attribute-based carbon regulation under uncertainty," Journal of Public Economics, Elsevier, vol. 190(C).
    5. Leard, Benjamin & McConnell, Virginia, 2020. "Interpreting Tradable Credit Prices in Overlapping Vehicle Regulations," RFF Working Paper Series 20-07, Resources for the Future.
    6. Acemoglu, Daron & Rafey, Will, 2023. "Mirage on the horizon: Geoengineering and carbon taxation without commitment," Journal of Public Economics, Elsevier, vol. 219(C).
    7. Abito, Jose Miguel & Knittel, Christopher R. & Metaxoglou, Konstantinos & Trindade, André, 2022. "The role of output reallocation and investment in coordinating environmental markets," International Journal of Industrial Organization, Elsevier, vol. 83(C).
    8. Muñoz, Francisco D. & Suazo-Martínez, Carlos & Pereira, Eduardo & Moreno, Rodrigo, 2021. "Electricity market design for low-carbon and flexible systems: Room for improvement in Chile," Energy Policy, Elsevier, vol. 148(PB).
    9. Heijmans, Roweno J.R.K. & Engström, Max, 2024. "Time Horizons and Emissions Trading," Discussion Papers 2024/2, Norwegian School of Economics, Department of Business and Management Science.
    10. Zhongxin Ma & Fenglan Wu, 2022. "Smart City, Digitalization and CO 2 Emissions: Evidence from 353 Cities in China," Sustainability, MDPI, vol. 15(1), pages 1-21, December.
    11. Bruninx, Kenneth & Ovaere, Marten & Gillingham, Kenneth & Delarue, Erik, 2019. "The unintended consequences of the EU ETS cancellation policy," MPRA Paper 96437, University Library of Munich, Germany.
    12. Barbara Annicchiarico & Stefano Carattini & Carolyn Fischer & Garth Heutel, 2021. "Business Cycles and Environmental Policy: A Primer," NBER Chapters, in: Environmental and Energy Policy and the Economy, volume 3, pages 221-253, National Bureau of Economic Research, Inc.
    13. Simon Quemin, 2017. "Intertemporal abatement decisions under ambiguity aversion in a cap and trade," Working Papers 1703, Chaire Economie du climat.
    14. Grischa Perino & Robert A. Ritz & Arthur van Benthem, 2019. "Overlapping Climate Policies," NBER Working Papers 25643, National Bureau of Economic Research, Inc.
    15. Kenneth Bruninx & Marten Ovaere, 2022. "COVID-19, Green Deal and recovery plan permanently change emissions and prices in EU ETS Phase IV," Nature Communications, Nature, vol. 13(1), pages 1-10, December.
    16. Erich Muehlegger & David S. Rapson, 2020. "Correcting Estimates of Electric Vehicle Emissions Abatement: Implications for Climate Policy," NBER Working Papers 27197, National Bureau of Economic Research, Inc.
    17. Yongyang Cai & Khyati Malik & Hyeseon Shin, 2023. "Dynamics of Global Emission Permit Prices and Regional Social Cost of Carbon under Noncooperation," Papers 2312.15563, arXiv.org.
    18. Aldy, Joseph E. & Burtraw, Dallas & Fischer, Carolyn & Fowlie, Meredith & Williams, Roberton C. & Cropper, Maureen L., 2022. "How is the U.S. Pricing Carbon? How Could We Price Carbon?," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 13(3), pages 310-334, October.
    19. Friesen, Lana & Gangadharan, Lata & Khezr, Peyman & MacKenzie, Ian A., 2022. "Mind your Ps and Qs! Variable allowance supply in the US Regional Greenhouse Gas Initiative," Journal of Environmental Economics and Management, Elsevier, vol. 112(C).
    20. Quemin, Simon & Trotignon, Raphaël, 2021. "Emissions trading with rolling horizons," Journal of Economic Dynamics and Control, Elsevier, vol. 125(C).
    21. Juan-Pablo Montero & Guy Meunier & Jean-Pierre Ponssard, 2016. "Output-based allocations in pollution markets with uncertainty and self-selection," Documentos de Trabajo 476, Instituto de Economia. Pontificia Universidad Católica de Chile..
    22. Timothy N. Cason & Lana Friesen & Lata Gangadharan, 2021. "Complying with environmental regulations: experimental evidence," Chapters, in: Ananish Chaudhuri (ed.), A Research Agenda for Experimental Economics, chapter 4, pages 69-92, Edward Elgar Publishing.
    23. Fabio Antoniou & Manthos D. Delis & Steven Ongena & Chris Tsoumas, 2020. "Pollution permits and financing costs," Swiss Finance Institute Research Paper Series 20-117, Swiss Finance Institute.
    24. Lu & Pollitt, M. G. & Wang, K. & Wei, Y-M., 2023. "The Incremental Impact of China's Carbon," Cambridge Working Papers in Economics 2349, Faculty of Economics, University of Cambridge.
    25. Woerman, Matthew, 2017. "Linking Carbon Markets with Different Initial Conditions," RFF Working Paper Series 17-16, Resources for the Future.
    26. Schlee, Edward E. & Smith, V. Kerry, 2019. "The welfare cost of uncertainty in policy outcomes," Journal of Environmental Economics and Management, Elsevier, vol. 98(C).
    27. Thomas D. Jeitschko & Pallavi Pal, 2021. "Curbing Price Fluctuations in Cap-and-Trade Auctions," CESifo Working Paper Series 9266, CESifo.
    28. Mark Purdon & Julie Witcover & Colin Murphy & Sonya Ziaja & Mark Winfield & Genevieve Giuliano & Charles Séguin & Colleen Kaiser & Jacques Papy & Lewis Fulton, 2021. "Climate and transportation policy sequencing in California and Quebec," Review of Policy Research, Policy Studies Organization, vol. 38(5), pages 596-630, September.
    29. Lijun Zeng & Wencheng Zhang & Muyi Yang, 2023. "A Bi-Level Optimization Model for Inter-Provincial Energy Consumption Transfer Tax in China," Energies, MDPI, vol. 16(21), pages 1-20, October.
    30. Robert W. Hahn & Robert D. Metcalfe, 2021. "Efficiency and Equity Impacts of Energy Subsidies," NBER Working Papers 28371, National Bureau of Economic Research, Inc.
    31. Natalia Fabra & Juan-Pablo Montero, 2023. "Technology-Neutral Versus Technology-Specific Procurement," The Economic Journal, Royal Economic Society, vol. 133(650), pages 669-705.
    32. Heijmans, Roweno J.R.K., 2023. "Adjustable emissions caps and the price of pollution," Journal of Environmental Economics and Management, Elsevier, vol. 118(C).
    33. Rennert, Kevin & Prest, Brian C. & Pizer, William & Newell, Richard G. & Anthoff, David & Kingdon, Cora & Rennels, Lisa & Cooke, Roger & Raftery, Adrian E. & Ševčíková, Hana & Errickson, Frank, 2021. "The Social Cost of Carbon: Advances in Long-Term Probabilistic Projections of Population, GDP, Emissions, and Discount Rates," RFF Working Paper Series 21-28, Resources for the Future.
    34. Trevor L. Davis & Mark C. Thurber & Frank A. Wolak, 2020. "An Experimental Comparison of Carbon Pricing Under Uncertainty in Electricity Markets," NBER Working Papers 27260, National Bureau of Economic Research, Inc.
    35. Estelle Cantillon & Aurélie Slechten, 2023. "Market Design for the Environment," NBER Working Papers 31987, National Bureau of Economic Research, Inc.
    36. Guy Meunier & Juan-Pablo Montero & Jean-Pierre Ponssard, 2017. "Using Output-Based Allocations to Manage Volatility and Leakage in Pollution Markets," CESifo Working Paper Series 6334, CESifo.
    37. Li, Changsheng & Qi, Yaping & Liu, Shaohui & Wang, Xu, 2022. "Do carbon ETS pilots improve cities' green total factor productivity? Evidence from a quasi-natural experiment in China," Energy Economics, Elsevier, vol. 108(C).
    38. Jae-Do Song & Young-Hwan Ahn, 2021. "Price Discovery of Consignment Auctions for Emission Permits," Energies, MDPI, vol. 14(21), pages 1-13, October.
    39. Leard, Benjamin & McConnell, Virginia, 2021. "Interpreting tradable credit prices in overlapping vehicle regulations," Journal of Environmental Economics and Management, Elsevier, vol. 109(C).
    40. Khezr, Peyman & MacKenzie, Ian A., 2018. "Permit market auctions with allowance reserves," International Journal of Industrial Organization, Elsevier, vol. 61(C), pages 283-306.
    41. Linn, Joshua, 2022. "Balancing Equity and Effectiveness for Electric Vehicle Subsidies," RFF Working Paper Series 22-07, Resources for the Future.
    42. Doğan, Buhari & Shahbaz, Muhammad & Bashir, Muhammad Farhan & Abbas, Shujaat & Ghosh, Sudeshna, 2023. "Formulating energy security strategies for a sustainable environment: Evidence from the newly industrialized economies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 184(C).
    43. Abrell, Jan & Rausch, Sebastian, 2016. "Combining Price and Quantity Controls under Partitioned Environmental Regulation," VfS Annual Conference 2016 (Augsburg): Demographic Change 145726, Verein für Socialpolitik / German Economic Association.
    44. Philippe Quirion, 2021. "Tradable instruments to fight climate change: A disappointing outcome," Post-Print hal-03495904, HAL.
    45. Quemin, Simon, 2022. "Raising climate ambition in emissions trading systems: The case of the EU ETS and the 2021 review," Resource and Energy Economics, Elsevier, vol. 68(C).
    46. Timothy N. Cason & John K. Stranlund & Frans P. de Vries, 2022. "Investment Incentives in Tradable Emissions Markets with Price Floors Approach," Purdue University Economics Working Papers 1331, Purdue University, Department of Economics.
    47. Ohlendorf, Nils & Flachsland, Christian & Nemet, Gregory F. & Steckel, Jan Christoph, 2022. "Carbon price floors and low-carbon investment: A survey of German firms," Energy Policy, Elsevier, vol. 169(C).
    48. Laurence Levin & Matthew S. Lewis & Frank A. Wolak, 2016. "High Frequency Evidence on the Demand for Gasoline," NBER Working Papers 22345, National Bureau of Economic Research, Inc.
    49. Hernandez-Cortes, Danae & Meng, Kyle C., 2023. "Do environmental markets cause environmental injustice? Evidence from California’s carbon market," Journal of Public Economics, Elsevier, vol. 217(C).
    50. Yilun Luo & Esmaeil Ahmadi & Benjamin C. McLellan & Tetsuo Tezuka, 2022. "Will Capacity Mechanisms Conflict with Carbon Pricing?," Energies, MDPI, vol. 15(24), pages 1-25, December.
    51. Willner, Maximilian, 2018. "Consulting the chrystal ballː Firm's foresight and a cap-and-trade scheme with endogenous supply adjustments," WiSo-HH Working Paper Series 46, University of Hamburg, Faculty of Business, Economics and Social Sciences, WISO Research Laboratory.
    52. Sascha Kollenberg & Luca Taschini, 2015. "The European Union Emissions Trading System and the Market Stability Reserve: Optimal Dynamic Supply Adjustment," CESifo Working Paper Series 5380, CESifo.
    53. Marina Friedrich & Sébastien Fries & Michael Pahle & Ottmar Edenhofer, 2020. "Rules vs. Discretion in Cap-and-Trade Programs: Evidence from the EU Emission Trading System," CESifo Working Paper Series 8637, CESifo.
    54. Böhringer, Christoph & Fischer, Carolyn, 2023. "Tax, kill or bill: An analysis of unilateral CO2 price floor options in multilateral emissions trading systems," Journal of Environmental Economics and Management, Elsevier, vol. 119(C).
    55. Grebel, Thomas & Islam, Rohidul, 2022. "Endogenous cap reduction in Emission Trading Systems," Ilmenau Economics Discussion Papers 169, Ilmenau University of Technology, Institute of Economics.
    56. Simon Quemin, 2020. "Using Supply-Side Policies to Raise Ambition: The Case of the EU ETS and the 2021 Review," Working Papers 2002, Chaire Economie du climat.
    57. Jessica Coria & Gunnar Köhlin & Jintao Xu, 2019. "On the Use of Market-Based Instruments to Reduce Air Pollution in Asia," Sustainability, MDPI, vol. 11(18), pages 1-23, September.
    58. Fabra, Natalia & Montero, Juan Pablo, 2020. "Technology-Neutral vs. Technology-Specific Procurement," CEPR Discussion Papers 15554, C.E.P.R. Discussion Papers.
    59. Pollitt, M. G. & Dolphin, G. G., 2024. "Should the EU ETS be extended to road transport and heating fuels?," Cambridge Working Papers in Economics 2152, Faculty of Economics, University of Cambridge.
    60. Salant, Stephen & Shobe, William & Uler, Neslihan, 2022. "The effects of “nonbinding” price floors," European Economic Review, Elsevier, vol. 145(C).
    61. Bushnell, James PhD & Mazzone, Daniel & Smith, Aaron & Witcover, Julie, 2020. "Uncertainty, Innovation, and Infrastructure Credits: Outlook for the Low Carbon Fuel Standard Through 2030," Institute of Transportation Studies, Working Paper Series qt7sk9628s, Institute of Transportation Studies, UC Davis.

  9. James B. Bushnell & Stephen P. Holland & Jonathan E. Hughes & Christopher R. Knittel, 2015. "Strategic Policy Choice in State-Level Regulation: The EPA's Clean Power Plan," NBER Working Papers 21259, National Bureau of Economic Research, Inc.

    Cited by:

    1. Sam Fankhauser & Frank Jotzo, 2017. "Economic growth and development with low-carbon energy," GRI Working Papers 267, Grantham Research Institute on Climate Change and the Environment.
    2. Abito, Jose Miguel & Knittel, Christopher R. & Metaxoglou, Konstantinos & Trindade, André, 2022. "The role of output reallocation and investment in coordinating environmental markets," International Journal of Industrial Organization, Elsevier, vol. 83(C).
    3. Tatyana Deryugina & Alexander MacKay & Julian Reif, 2020. "The Long-Run Dynamics of Electricity Demand: Evidence from Municipal Aggregation," American Economic Journal: Applied Economics, American Economic Association, vol. 12(1), pages 86-114, January.
    4. Ibanez, Marcela & Blackman, Allen, 2015. "Environmental and Economic Impacts of Growing Certified Organic Coffee in Colombia," RFF Working Paper Series dp-15-02, Resources for the Future.
    5. Palmer, Karen & Paul, Anthony, 2015. "A Primer on Comprehensive Policy Options for States to Comply with the Clean Power Plan," RFF Working Paper Series dp-15-15, Resources for the Future.
    6. Becker, Jonathon M., 2023. "Tradable performance standards in a dynamic context," Resource and Energy Economics, Elsevier, vol. 73(C).
    7. Siddiqui, Afzal S. & Tanaka, Makoto & Chen, Yihsu, 2019. "Sustainable transmission planning in imperfectly competitive electricity industries: Balancing economic and environmental outcomes," European Journal of Operational Research, Elsevier, vol. 275(1), pages 208-223.
    8. Jeffrey C. Peters & Thomas W. Hertel, 2017. "Achieving the Clean Power Plan 2030 CO2 Target with the New Normal in Natural Gas Prices," The Energy Journal, International Association for Energy Economics, vol. 0(Number 5).
    9. James B. Bushnell & Stephen P. Holland & Jonathan E. Hughes & Christopher R. Knittel, 2017. "Strategic Policy Choice in State-Level Regulation: The EPA's Clean Power Plan," American Economic Journal: Economic Policy, American Economic Association, vol. 9(2), pages 57-90, May.
    10. Brown, Marilyn A. & Kim, Gyungwon & Smith, Alexander M. & Southworth, Katie, 2017. "Exploring the impact of energy efficiency as a carbon mitigation strategy in the U.S," Energy Policy, Elsevier, vol. 109(C), pages 249-259.
    11. Chan, H. Ron & Zhou, Yichen Christy, 2021. "Regulatory spillover and climate co-benefits: Evidence from New Source Review lawsuits," Journal of Environmental Economics and Management, Elsevier, vol. 110(C).
    12. Newbery, D. & Reiner, D. & Ritz, R., 2018. "When is a carbon price floor desirable?," Cambridge Working Papers in Economics 1833, Faculty of Economics, University of Cambridge.
    13. Burnett, J. Wesley & Kiesling, L. Lynne, 2019. "Power plant heat-rate efficiency as a regulatory mechanism: Implications for emission rates and levels," Energy Policy, Elsevier, vol. 134(C).
    14. Don Fullerton & Daniel H. Karney, 2018. "Potential State‐Level Carbon Revenue Under The Clean Power Plan," Contemporary Economic Policy, Western Economic Association International, vol. 36(1), pages 149-166, January.
    15. Bento, Antonio M. & Garg, Teevrat & Kaffine, Daniel, 2018. "Emissions reductions or green booms? General equilibrium effects of a renewable portfolio standard," Journal of Environmental Economics and Management, Elsevier, vol. 90(C), pages 78-100.
    16. Dallas Burtraw & Karen Palmer & Anthony Paul & Sophie Pan, 2015. "A Proximate Mirror: Greenhouse Gas Rules and Strategic Behavior Under the US Clean Air Act," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 62(2), pages 217-241, October.
    17. Bartram, Sohnke M. & Hou, Kewei & Kim, Sehoon, 2018. "Real Effects of Climate Policy: Financial Constraints and Spillovers," Working Paper Series 2019-04, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
    18. Zhang, Duan & Chen, Yihsu & Tanaka, Makoto, 2018. "On the effectiveness of tradable performance-based standards," Energy Economics, Elsevier, vol. 74(C), pages 456-469.
    19. Mar Reguant, 2018. "The Efficiency and Sectoral Distributional Implications of Large-Scale Renewable Policies," NBER Working Papers 24398, National Bureau of Economic Research, Inc.
    20. Palmer, Karen & Burtraw, Dallas & Paul, Anthony & Yin, Hang, 2017. "Using Production Incentives to Avoid Emissions Leakage," Energy Economics, Elsevier, vol. 68(S1), pages 45-56.
    21. Todd Gerarden & W. Spencer Reeder & James H. Stock, 2016. "Federal Coal Program Reform, the Clean Power Plan, and the Interaction of Upstream and Downstream Climate Policies," NBER Working Papers 22214, National Bureau of Economic Research, Inc.
    22. Hancevic, Pedro I. & Sandoval, Hector H., 2022. "Low-income energy efficiency programs and energy consumption," Journal of Environmental Economics and Management, Elsevier, vol. 113(C).
    23. Xenophon, Aleksis Kazubiernis & Hill, David John, 2020. "Adaptive mechanisms to refund emissions payments," Applied Energy, Elsevier, vol. 278(C).
    24. Goulder, Lawrence H. & Long, Xianling & Lu, Jieyi & Morgenstern, Richard D., 2022. "China's unconventional nationwide CO2 emissions trading system: Cost-effectiveness and distributional impacts," Journal of Environmental Economics and Management, Elsevier, vol. 111(C).
    25. Hiroaki Ino & Toshihiro Matsumura, 2019. "Optimality of Emission Pricing Policies Based on Emission Intensity Targets under Imperfect Competition," Discussion Paper Series 199, School of Economics, Kwansei Gakuin University.
    26. Wang, Ge & Zhang, Qi & Su, Bin & Shen, Bo & Li, Yan & Li, Zhengjun, 2021. "Coordination of tradable carbon emission permits market and renewable electricity certificates market in China," Energy Economics, Elsevier, vol. 93(C).
    27. Harrison Fell & Daniel T. Kaffine & Daniel Steinberg, 2015. "Energy efficiency and emissions intensity standards," Working Papers 2015-09, Colorado School of Mines, Division of Economics and Business.
    28. Fell, Harrison & Maniloff, Peter, 2018. "Leakage in regional environmental policy: The case of the regional greenhouse gas initiative," Journal of Environmental Economics and Management, Elsevier, vol. 87(C), pages 1-23.
    29. Svetlana V. Bekareva & Ekaterina N. Meltenisova & J. G. Abo Gsysa, 2017. "Evaluation of the Role of Renewables Consumption on Economic Growth of the U.S. Regions," International Journal of Energy Economics and Policy, Econjournals, vol. 7(2), pages 160-171.
    30. Kyle E. Binder & James W. Mjelde, 2018. "Projecting impacts of carbon dioxide emission reductions in the US electric power sector: evidence from a data-rich approach," Climatic Change, Springer, vol. 151(2), pages 143-155, November.

  10. Severin Borenstein & James Bushnell, 2015. "The U.S. Electricity Industry After 20 Years of Restructuring," NBER Working Papers 21113, National Bureau of Economic Research, Inc.

    Cited by:

    1. Bernstein, David H. & Parmeter, Christopher F., 2019. "Returns to scale in electricity generation: Replicated and revisited," Energy Economics, Elsevier, vol. 82(C), pages 4-15.
    2. Schreiner, Lena & Madlener, Reinhard, 2022. "Investing in power grid infrastructure as a flexibility option: A DSGE assessment for Germany," Energy Economics, Elsevier, vol. 107(C).
    3. Jan-Horst Keppler & Simon Quemin & Marcelo Saguan, 2022. "Why the sustainable provision of low-carbon electricity needs hybrid markets," Post-Print hal-03964488, HAL.
    4. Hartley, Peter R. & Medlock, Kenneth B. & Jankovska, Olivera, 2019. "Electricity reform and retail pricing in Texas," Energy Economics, Elsevier, vol. 80(C), pages 1-11.
    5. Defeuilley, Christophe, 2019. "Energy transition and the future(s) of the electricity sector," Utilities Policy, Elsevier, vol. 57(C), pages 97-105.
    6. Liu, Lirong & Huang, Guohe & Baetz, Brian & Zhang, Kaiqiang, 2018. "Environmentally-extended input-output simulation for analyzing production-based and consumption-based industrial greenhouse gas mitigation policies," Applied Energy, Elsevier, vol. 232(C), pages 69-78.
    7. Csereklyei, Zsuzsanna & Qu, Songze & Ancev, Tihomir, 2019. "The effect of wind and solar power generation on wholesale electricity prices in Australia," Working Papers 2019-09, University of Sydney, School of Economics, revised Mar 2019.
    8. Haider Ali & Faheem Aslam & Paulo Ferreira, 2021. "Modeling Dynamic Multifractal Efficiency of US Electricity Market," Energies, MDPI, vol. 14(19), pages 1-16, September.
    9. Adam Konto Kyari & Labaran Mohammed Lawal, 2021. "An Empirical Enquiry into Stakeholders Perception of Electricity Pricing Methodology," International Journal of Energy Economics and Policy, Econjournals, vol. 11(2), pages 75-82.
    10. Bialek, Sylwia & Gregory, Jack & Revesz, Richard L., 2022. "Still your grandfather's boiler: Estimating the effects of the Clean Air Act's grandfathering provisions," Working Papers 05/2022, German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung.
    11. Wakiyama, Takako & Zusman, Eric, 2021. "The impact of electricity market reform and subnational climate policy on carbon dioxide emissions across the United States: A path analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 149(C).
    12. Bruno Moreno Rodrigo de Freitas, 2020. "Quantifying the effect of regulated volumetric electriciy tariffs on residential PV adoption under net metering scheme," Working papers of CATT hal-02976874, HAL.
    13. Ohler, Adrienne & Mohammadi, Hassan & Loomis, David G., 2020. "Electricity restructuring and the relationship between fuel costs and electricity prices for industrial and residential customers," Energy Policy, Elsevier, vol. 142(C).
    14. Hill, Alexander, 2022. "Smoothing the curve: An estimation of the cost of demand variation and the impact of solar and wind," Resource and Energy Economics, Elsevier, vol. 70(C).
    15. Alexopoulos, Thomas A., 2017. "The growing importance of natural gas as a predictor for retail electricity prices in US," Energy, Elsevier, vol. 137(C), pages 219-233.
    16. Barry D. Solomon & Shan Zhou, 2021. "Renewable Portfolio Standards: Do Voluntary Goals vs. Mandatory Standards Make a Difference?," Review of Policy Research, Policy Studies Organization, vol. 38(2), pages 146-163, March.
    17. Brehm, Paul A. & Zhang, Yiyuan, 2021. "The efficiency and environmental impacts of market organization: Evidence from the Texas electricity market," Energy Economics, Elsevier, vol. 101(C).
    18. David P. Brown & Derek E. H. Olmstead, 2017. "Measuring market power and the efficiency of Alberta's restructured electricity market: An energy-only market design," Canadian Journal of Economics, Canadian Economics Association, vol. 50(3), pages 838-870, August.
    19. Rahman, Arief & Richards, Russell & Dargusch, Paul & Wadley, David, 2023. "Pathways to reduce Indonesia’s dependence on oil and achieve longer-term decarbonization," Renewable Energy, Elsevier, vol. 202(C), pages 1305-1323.
    20. Castro Pérez, José E. & Flores, Daniel, 2023. "The effect of retail price regulation on the wholesale price of electricity," Energy Policy, Elsevier, vol. 173(C).
    21. Alexander Hill, 2023. "Price freezes and gas pass-through: an estimation of the price impact of electricity market restructuring," Journal of Regulatory Economics, Springer, vol. 63(1), pages 87-116, April.
    22. Zach Flynn, 2020. "Identifying productivity when it is a factor of production," RAND Journal of Economics, RAND Corporation, vol. 51(2), pages 496-530, June.
    23. Mosácula, Celia & Chaves-Ávila, José Pablo & Reneses, Javier, 2018. "Designing natural gas network charges: A proposed methodology and critical review of the Spanish case," Utilities Policy, Elsevier, vol. 54(C), pages 22-36.
    24. Sirin, Selahattin Murat & Erten, Ibrahim, 2022. "Price spikes, temporary price caps, and welfare effects of regulatory interventions on wholesale electricity markets," Energy Policy, Elsevier, vol. 163(C).
    25. Yeon Ju Baik & Ye Gu Kang, 2022. "Distributed ESS Capacity Decision for Home Appliances and Economic Analysis," Energies, MDPI, vol. 15(15), pages 1-16, July.
    26. Beltrán, Sergio & Castro, Alain & Irizar, Ion & Naveran, Gorka & Yeregui, Imanol, 2022. "Framework for collaborative intelligence in forecasting day-ahead electricity price," Applied Energy, Elsevier, vol. 306(PA).
    27. Štefan Bojnec & Alan Križaj, 2021. "Electricity Markets during the Liberalization: The Case of a European Union Country," Energies, MDPI, vol. 14(14), pages 1-21, July.
    28. Dertinger, Andrea & Hirth, Lion, 2019. "Reforming the Electric Power Industry in Developing Economies," EconStor Preprints 201842, ZBW - Leibniz Information Centre for Economics.
    29. Ajayi, V. & Weyman-Jones, T., 2021. "State-Level Electricity Generation Efficiency: Do Restructuring and Regulatory Institutions Matter in the US?," Cambridge Working Papers in Economics 2166, Faculty of Economics, University of Cambridge.
    30. Bruno Moreno Rodrigo de Freitas, 2020. "Quantifying the effect of regulated volumetric electriciy tariffs on residential PV adoption under net metering scheme," Working Papers hal-02976874, HAL.
    31. John García Rendón & Dalia Patino Echeverri & Manuel Correa Giraldo, 2019. "Integration of non-conventional renewable energy sources and smart grids in the United States: evidence from PJM," Documentos de Trabajo de Valor Público 17785, Universidad EAFIT.
    32. Esplin, Ryan & Davis, Ben & Rai, Alan & Nelson, Tim, 2020. "The impacts of price regulation on price dispersion in Australia's retail electricity markets," Energy Policy, Elsevier, vol. 147(C).
    33. Brown, David P. & Eckert, Andrew & Olmstead, Derek E.H., 2022. "Procurement auctions for regulated retail service contracts in restructured electricity markets," Energy Economics, Elsevier, vol. 116(C).
    34. Yihsu Chen & Andrew L. Liu & Makoto Tanaka & Ryuta Takashima, 2022. "Optimal Retail Tariff Design with Prosumers: Pursuing Equity at the Expenses of Economic Efficiencies?," Papers 2209.14505, arXiv.org.
    35. Wang, Chang & Guo, Yue & Yang, Yu & Chen, Shiyi, 2022. "The environmental benefits of electricity industry restructuring in China: Ownership mixing vs. vertical unbundling," Energy Economics, Elsevier, vol. 115(C).
    36. Brown, D.P. & Tsai, C.H. & Woo, C.K. & Zarnikau, J. & Zhu, S., 2020. "Residential electricity pricing in Texas's competitive retail market," Energy Economics, Elsevier, vol. 92(C).
    37. Hirsch, Adam & Parag, Yael & Guerrero, Josep, 2018. "Microgrids: A review of technologies, key drivers, and outstanding issues," Renewable and Sustainable Energy Reviews, Elsevier, vol. 90(C), pages 402-411.
    38. Szőke, Tamás & Hortay, Olivér & Farkas, Richárd, 2021. "Price regulation and supplier margins in the Hungarian electricity markets," Energy Economics, Elsevier, vol. 94(C).
    39. Paul J. Burke and Ashani Abayasekara, 2018. "The Price Elasticity of Electricity Demand in the United States: A Three-Dimensional Analysis," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2).
    40. Westgaard, Sjur & Fleten, Stein-Erik & Negash, Ahlmahz & Botterud, Audun & Bogaard, Katinka & Verling, Trude Haugsvaer, 2021. "Performing price scenario analysis and stress testing using quantile regression: A case study of the Californian electricity market," Energy, Elsevier, vol. 214(C).
    41. del-Río, Belén & Fernández-Sainz, Ana & Martinez de Alegria, Itziar, 2019. "Industrial electricity prices in the European Union following restructuring: A comparative panel-data analysis," Utilities Policy, Elsevier, vol. 60(C), pages 1-1.
    42. Dertinger, Andrea & Hirth, Lion, 2020. "Reforming the electric power industry in developing economies evidence on efficiency and electricity access outcomes," Energy Policy, Elsevier, vol. 139(C).
    43. Burger, Scott & Chaves-Ávila, Jose Pablo & Batlle, Carlos & Pérez-Arriaga, Ignacio J., 2017. "A review of the value of aggregators in electricity systems," Renewable and Sustainable Energy Reviews, Elsevier, vol. 77(C), pages 395-405.
    44. Sugimoto, Kota, 2019. "Does transmission unbundling increase wind power generation in the United States?," Energy Policy, Elsevier, vol. 125(C), pages 307-316.
    45. R. Andrew Butters & Daniel F. Spulber, 2020. "The Extent Of The Market And Integration Through Factor Markets: Evidence From Wholesale Electricity," Economic Inquiry, Western Economic Association International, vol. 58(3), pages 1076-1108, July.
    46. Guohua Feng & Jiti Gao & Xiaohui Zhang, 2016. "Estimation of Technical Change and Price Elasticities: A Categorical Time-varying Coefficient Approach," Monash Econometrics and Business Statistics Working Papers 2/16, Monash University, Department of Econometrics and Business Statistics.
    47. Kinnon, Michael Mac & Razeghi, Ghazal & Samuelsen, Scott, 2021. "The role of fuel cells in port microgrids to support sustainable goods movement," Renewable and Sustainable Energy Reviews, Elsevier, vol. 147(C).
    48. Axel Gautier & Julien Jacqmin & Jean-Christophe Poudou, 2018. "The prosumers and the grid," Journal of Regulatory Economics, Springer, vol. 53(1), pages 100-126, February.
    49. Dongnyok Shim & Seung Wan Kim & Jörn Altmann, 2018. "Strategic management of residential electric services in the competitive market: Demand-oriented perspective," Energy & Environment, , vol. 29(1), pages 49-66, February.
    50. Carvallo, Juan Pablo & Sanstad, Alan H. & Larsen, Peter H., 2019. "Exploring the relationship between planning and procurement in western U.S. electric utilities," Energy, Elsevier, vol. 183(C), pages 4-15.
    51. Ajayi, Victor & Weyman-Jones, Tom, 2021. "State-level electricity generation efficiency: Do restructuring and regulatory institutions matter in the US?," Energy Economics, Elsevier, vol. 104(C).
    52. Dzikri Firmansyah Hakam & Sudarso Kaderi Wiyono & Nanang Hariyanto, 2020. "Competition in Power Generation: Ex-ante Analysis of Indonesia’s Electricity Market," Energies, MDPI, vol. 13(24), pages 1-20, December.
    53. Passey, Robert & Haghdadi, Navid & Bruce, Anna & MacGill, Iain, 2017. "Designing more cost reflective electricity network tariffs with demand charges," Energy Policy, Elsevier, vol. 109(C), pages 642-649.
    54. Ian A. Lange & Peter Maniloff, 2017. "Updating Allowance Allocations in Cap-and-Trade: Evidence from the NOx Budget Program," CESifo Working Paper Series 6666, CESifo.
    55. Amenta, Carlo & Aronica, Martina & Stagnaro, Carlo, 2022. "Is more competition better? Retail electricity prices and switching rates in the European Union," Utilities Policy, Elsevier, vol. 78(C).
    56. Pablo David Necoechea-Porras & Asunción López & Juan Carlos Salazar-Elena, 2021. "Deregulation in the Energy Sector and Its Economic Effects on the Power Sector: A Literature Review," Sustainability, MDPI, vol. 13(6), pages 1-23, March.
    57. Matthew Doyle & Ian Lange, 2016. "Natural Gas Contract Decisions for Electric Power," Working Papers 2016-05, Colorado School of Mines, Division of Economics and Business.
    58. Karney, Daniel H., 2019. "Electricity market deregulation and environmental regulation: Evidence from U.S. nuclear power," Energy Economics, Elsevier, vol. 84(C).
    59. Mohammad Althaqafi, 2023. "The Impact of Natural Gas Prices on Electricity Tariffs in the UK," International Journal of Energy Economics and Policy, Econjournals, vol. 13(2), pages 86-91, March.
    60. Bajo-Buenestado, Raúl, 2021. "Operating reserve demand curve, scarcity pricing and intermittent generation: Lessons from the Texas ERCOT experience," Energy Policy, Elsevier, vol. 149(C).
    61. Mohr, Tanga McDaniel, 2018. "Fuel poverty in the US: Evidence using the 2009 Residential Energy Consumption Survey," Energy Economics, Elsevier, vol. 74(C), pages 360-369.
    62. Venkatraman, Athindra & Thatte, Anupam A. & Xie, Le, 2021. "A smart meter data-driven distribution utility rate model for networks with prosumers," Utilities Policy, Elsevier, vol. 70(C).
    63. Mosácula, Celia & Chaves-Ávila, José Pablo & Reneses, Javier, 2019. "Reviewing the design of natural gas network charges considering regulatory principles as guiding criteria in the context of the increasing interrelation of energy carriers," Energy Policy, Elsevier, vol. 126(C), pages 545-557.
    64. Felder, F.A. & Kumar, P., 2021. "A review of existing deep decarbonization models and their potential in policymaking," Renewable and Sustainable Energy Reviews, Elsevier, vol. 152(C).
    65. Martin Bichler & Hans Ulrich Buhl & Johannes Knörr & Felipe Maldonado & Paul Schott & Stefan Waldherr & Martin Weibelzahl, 2022. "Electricity Markets in a Time of Change: A Call to Arms for Business Research," Schmalenbach Journal of Business Research, Springer, vol. 74(1), pages 77-102, March.
    66. Joshua A. Basseches & Rebecca Bromley-Trujillo & Maxwell T. Boykoff & Trevor Culhane & Galen Hall & Noel Healy & David J. Hess & David Hsu & Rachel M. Krause & Harland Prechel & J. Timmons Roberts & J, 2022. "Climate policy conflict in the U.S. states: a critical review and way forward," Climatic Change, Springer, vol. 170(3), pages 1-24, February.
    67. G. P. Manish & Colin O’Reilly, 2019. "Banking regulation, regulatory capture and inequality," Public Choice, Springer, vol. 180(1), pages 145-164, July.
    68. Rode, David C. & Fischbeck, Paul S., 2019. "Regulated equity returns: A puzzle," Energy Policy, Elsevier, vol. 133(C).
    69. Nori Tarui, 2017. "Electric utility regulation under enhanced renewable energy integration and distributed generation," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 19(3), pages 503-518, July.
    70. Gultom, Yohanna M.L., 2019. "Governance structures and efficiency in the U.S. electricity sector after the market restructuring and deregulation," Energy Policy, Elsevier, vol. 129(C), pages 1008-1019.
    71. Olivier De Groote & Guido Pepermans & Frank Verboven, 2015. "Heterogeneity in the adoption of photovoltaic systems in Flanders," Working Papers of Department of Economics, Leuven 511914, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
    72. Hill, Alexander, 2021. "Excessive entry and investment in deregulated markets: Evidence from the electricity sector," Journal of Environmental Economics and Management, Elsevier, vol. 110(C).
    73. Liu, Lirong & Huang, Guohe & Baetz, Brian & Huang, Charley Z. & Zhang, Kaiqiang, 2019. "Integrated GHG emissions and emission relationships analysis through a disaggregated ecologically-extended input-output model; A case study for Saskatchewan, Canada," Renewable and Sustainable Energy Reviews, Elsevier, vol. 106(C), pages 97-109.
    74. Saumweber, Andrea & Wederhake, Lars & Cardoso, Gonçalo & Fridgen, Gilbert & Heleno, Miguel, 2021. "Designing Pareto optimal electricity retail rates when utility customers are prosumers," Energy Policy, Elsevier, vol. 156(C).
    75. Abban, Abdul Rashid & Hasan, Mohammad Z., 2021. "Solar energy penetration and volatility transmission to electricity markets—An Australian perspective," Economic Analysis and Policy, Elsevier, vol. 69(C), pages 434-449.
    76. David P. Brown & David E. M. Sappington, 2022. "Vertical integration and capacity investment in the electricity sector," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 31(1), pages 193-226, February.
    77. Bowen, William M. & Hill, Edward (Ned) & Thomas, Andrew & Liu, Ruoran & Henning, Mark, 2023. "Consumer price effects of deregulated electric generation markets: The case of Ohio and the midwestern United States," Utilities Policy, Elsevier, vol. 83(C).
    78. Christopher Decker, 2016. "Regulating networks in decline," Journal of Regulatory Economics, Springer, vol. 49(3), pages 344-370, June.
    79. Valadkhani, Abbas & Nguyen, Jeremy & Smyth, Russell, 2018. "Consumer electricity and gas prices across Australian capital cities: Structural breaks, effects of policy reforms and interstate differences," Energy Economics, Elsevier, vol. 72(C), pages 365-375.
    80. Thomas Reverdy & Frédéric Marty & Ronan Bolton, 2021. "The redesign of electricity markets under EU influence: The capacity mechanism in France and Britain," SciencePo Working papers Main halshs-03475634, HAL.
    81. Atkinson, Scott E. & Primont, Daniel & Tsionas, Mike G., 2018. "Statistical inference in efficient production with bad inputs and outputs using latent prices and optimal directions," Journal of Econometrics, Elsevier, vol. 204(2), pages 131-146.
    82. Isa Ferrall & Georg Heinemann & Christian von Hirschhausen & Daniel M. Kammen, 2021. "The Role of Political Economy in Energy Access: Public and Private Off-Grid Electrification in Tanzania," Energies, MDPI, vol. 14(11), pages 1-23, May.
    83. Letova, Ksenia & Yao, Rui & Davidson, Mikhail & Afanasyeva, Ekaterina, 2018. "A review of electricity markets and reforms in Russia," Utilities Policy, Elsevier, vol. 53(C), pages 84-93.
    84. Xian Yang & Ye Cai & Yijia Cao & Shaowei Duan & Liang Tang & Zhijian Jia, 2022. "The Semi-Scheduling Mode of Multi-Energy System Considering Risk–Utility in Day-Ahead Market," Energies, MDPI, vol. 15(21), pages 1-15, November.
    85. Zarnikau, J. & Cao, K.H. & Qi, H.S. & Woo, C.K., 2023. "Has retail competition reduced residential electricity prices in Texas?," Utilities Policy, Elsevier, vol. 84(C).
    86. Razeghi, Ghazal & Shaffer, Brendan & Samuelsen, Scott, 2017. "Impact of electricity deregulation in the state of California," Energy Policy, Elsevier, vol. 103(C), pages 105-115.
    87. Knittel, Christopher R. & Metaxoglou, Konstantinos & Trindade, André, 2019. "Environmental implications of market structure: Shale gas and electricity markets," International Journal of Industrial Organization, Elsevier, vol. 63(C), pages 511-550.

  11. Bushnell, James, 2011. "Adverse Selection and Emissions Offsets," Staff General Research Papers Archive 32736, Iowa State University, Department of Economics.

    Cited by:

    1. Charles F. Mason, 2018. "Optimal Contracts for Discouraging Deforestation with Risk Averse Agents," CESifo Working Paper Series 7067, CESifo.
    2. Knut Rosendahl & Jon Strand, 2015. "Emissions Trading with Offset Markets and Free Quota Allocations," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 61(2), pages 243-271, June.
    3. Suzi Kerr & Adam Millard-Ball, 2012. "Cooperation to Reduce Developing Country Emissions," Working Papers 12_03, Motu Economic and Public Policy Research.
    4. Jongmin Yu & Mindy L. Mallory, 2020. "Carbon price interaction between allocated permits and generated offsets," Operational Research, Springer, vol. 20(2), pages 671-700, June.
    5. Paula Cordero Salas & Brian E. Roe & Brent Sohngen, 2018. "Additionality When REDD Contracts Must be Self-Enforcing," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 69(1), pages 195-215, January.
    6. John F. Raffensperger, 2020. "A price on warming with a supply chain directed market," Papers 2003.05114, arXiv.org, revised Mar 2021.

  12. James B. Bushnell, 2010. "The Economics of Carbon Offsets," NBER Working Papers 16305, National Bureau of Economic Research, Inc.

    Cited by:

    1. Hilary Sigman, 2011. "Monitoring and Enforcement of Climate Policy," NBER Chapters, in: The Design and Implementation of US Climate Policy, pages 213-225, National Bureau of Economic Research, Inc.
    2. Yallwe, Hagos Alem & Buscemi, Antonino, 2011. "It is time to re-think on environment, energy and economics (E3)," MPRA Paper 32216, University Library of Munich, Germany.
    3. van Benthem, Arthur & Kerr, Suzi, 2013. "Scale and transfers in international emissions offset programs," Journal of Public Economics, Elsevier, vol. 107(C), pages 31-46.
    4. Gonzalex-Ramirez, Jimena & Kling, Catherine Louise & valcu, adriana, 2012. "An Overview of Carbon Offsets from Agriculture," Staff General Research Papers Archive 35575, Iowa State University, Department of Economics.
    5. Rachel Glennerster & Seema Jayachandran, 2023. "Think Globally, Act Globally: Opportunities to Mitigate Greenhouse Gas Emissions in Low- and Middle-Income Countries," NBER Working Papers 31421, National Bureau of Economic Research, Inc.
    6. Heather Klemick, 2012. "What is the Optimal Offsets Discount under a Second-Best Cap & Trade Policy?," NCEE Working Paper Series 201204, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Jul 2012.
    7. Hilary Sigman & Howard F. Chang, 2011. "The Effect of Allowing Pollution Offsets With Imperfect Enforcement," NBER Working Papers 16860, National Bureau of Economic Research, Inc.
    8. Daniel C. Matisoff & Douglas S. Noonan & John J. O'Brien, 2013. "Convergence in Environmental Reporting: Assessing the Carbon Disclosure Project," Business Strategy and the Environment, Wiley Blackwell, vol. 22(5), pages 285-305, July.
    9. He, Gang & Morse, Richard, 2013. "Addressing carbon Offsetters’ Paradox: Lessons from Chinese wind CDM," Energy Policy, Elsevier, vol. 63(C), pages 1051-1055.
    10. Boyce, James K., 2018. "Carbon Pricing: Effectiveness and Equity," Ecological Economics, Elsevier, vol. 150(C), pages 52-61.

  13. Bushnell, James & Chen, Yihsu, 2010. "Allocation and Leakage in Regional Cap-And-Trade Markets for CO2," Staff General Research Papers Archive 31804, Iowa State University, Department of Economics.

    Cited by:

    1. Philippe Quirion, 2021. "Output-Based Allocation and Output-Based Rebates: A survey," Working Papers 2021.03, FAERE - French Association of Environmental and Resource Economists.
    2. Guy Meunier & Jean-Pierre Ponssard, 2013. "Capacity decisions with demand fluctuations and carbon leakage," Working Papers hal-00347650, HAL.
    3. Ibanez, Marcela & Blackman, Allen, 2015. "Environmental and Economic Impacts of Growing Certified Organic Coffee in Colombia," RFF Working Paper Series dp-15-02, Resources for the Future.
    4. James B. Bushnell & Stephen P. Holland & Jonathan E. Hughes & Christopher R. Knittel, 2017. "Strategic Policy Choice in State-Level Regulation: The EPA's Clean Power Plan," American Economic Journal: Economic Policy, American Economic Association, vol. 9(2), pages 57-90, May.
    5. Justin Caron, Sebastian Rausch, and Niven Winchester, 2015. "Leakage from sub-national climate policy: The case of Californias capandtrade program," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2).
    6. Ralf Martin & Mirabelle Mu?ls & Laure B. de Preux & Ulrich J. Wagner, 2014. "Industry Compensation under Relocation Risk: A Firm-Level Analysis of the EU Emissions Trading Scheme," American Economic Review, American Economic Association, vol. 104(8), pages 2482-2508, August.
    7. Harrison Fell & Peter Maniloff, 2015. "Beneficial Leakage: The Effect of the Regional Greenhouse Gas Initiative on Aggregate Emissions," Working Papers 2015-06, Colorado School of Mines, Division of Economics and Business.
    8. Bin Ye & Jingjing Jiang & Lixin Miao & Ji Li & Yang Peng, 2015. "Innovative Carbon Allowance Allocation Policy for the Shenzhen Emission Trading Scheme in China," Sustainability, MDPI, vol. 8(1), pages 1-23, December.
    9. Višković, Verena & Chen, Yihsu & Siddiqui, Afzal S. & Tanaka, Makoto, 2019. "Regional carbon policies in an interconnected power system: How expanded coverage could exacerbate emission leakage," Energy Policy, Elsevier, vol. 134(C).
    10. Hélène Ollivier & Geoffrey Barrows, 2021. "Foreign Demand, Developing Country Exports, and CO2 Emissions: Firm-Level Evidence from India," Post-Print halshs-03029861, HAL.
    11. Guy Meunier & Juan-Pablo Montero & Jean-Pierre Ponssard, 2017. "Using Output-Based Allocations to Manage Volatility and Leakage in Pollution Markets," CESifo Working Paper Series 6334, CESifo.
    12. Brittany Tarufelli & Ben Gilbert, 2019. "Leakage in Regional Climate Policy? Implications of Electricity Market Design," Working Papers 2019-07, Colorado School of Mines, Division of Economics and Business, revised Dec 2021.
    13. Sarah Dobson & Jennifer Winter, 2018. "Assessing Policy Support for Emissions-Intensive and Trade-Exposed Industries," SPP Research Papers, The School of Public Policy, University of Calgary, vol. 11(28), October.
    14. Palmer, Karen & Burtraw, Dallas & Paul, Anthony & Yin, Hang, 2017. "Using Production Incentives to Avoid Emissions Leakage," Energy Economics, Elsevier, vol. 68(S1), pages 45-56.
    15. Anjos, Miguel F. & Feijoo, Felipe & Sankaranarayanan, Sriram, 2022. "A multinational carbon-credit market integrating distinct national carbon allowance strategies," Applied Energy, Elsevier, vol. 319(C).
    16. Feijoo, Felipe & Das, Tapas K., 2014. "Design of Pareto optimal CO2 cap-and-trade policies for deregulated electricity networks," Applied Energy, Elsevier, vol. 119(C), pages 371-383.
    17. Debia, Sébastien & Pineau, Pierre-Olivier & Siddiqui, Afzal S., 2021. "Strategic storage use in a hydro-thermal power system with carbon constraints," Energy Economics, Elsevier, vol. 98(C).
    18. Goulder, Lawrence H. & Long, Xianling & Lu, Jieyi & Morgenstern, Richard D., 2022. "China's unconventional nationwide CO2 emissions trading system: Cost-effectiveness and distributional impacts," Journal of Environmental Economics and Management, Elsevier, vol. 111(C).
    19. Geoffrey Barrows & Helene Ollivier, 2018. "Foreign Demand and Greenhouse Gas Emissions: Empirical Evidence with Implications for Leakage," Working Papers 2018.16, FAERE - French Association of Environmental and Resource Economists.
    20. Hong, Zhaofu & Chu, Chengbin & Zhang, Linda L. & Yu, Yugang, 2017. "Optimizing an emission trading scheme for local governments: A Stackelberg game model and hybrid algorithm," International Journal of Production Economics, Elsevier, vol. 193(C), pages 172-182.
    21. Santos, Georgina, 2022. "Climate change policy and carbon pricing," Energy Policy, Elsevier, vol. 168(C).
    22. Fell, Harrison & Maniloff, Peter, 2018. "Leakage in regional environmental policy: The case of the regional greenhouse gas initiative," Journal of Environmental Economics and Management, Elsevier, vol. 87(C), pages 1-23.
    23. Višković, Verena & Chen, Yihsu & Siddiqui, Afzal S., 2017. "Implications of the EU Emissions Trading System for the South-East Europe Regional Electricity Market," Energy Economics, Elsevier, vol. 65(C), pages 251-261.
    24. Wang, Ge & Zhang, Qi & Li, Yan & Mclellan, Benjamin C. & Pan, Xunzhang, 2019. "Corrective regulations on renewable energy certificates trading: Pursuing an equity-efficiency trade-off," Energy Economics, Elsevier, vol. 80(C), pages 970-982.
    25. Steven M. Smith, 2019. "The Relative Economic Merits of Alternative Water Rights," Working Papers 2019-08, Colorado School of Mines, Division of Economics and Business.
    26. Bielen, David A., 2018. "Do differentiated performance standards help coal? CO2 policy in the U.S. electricity sector," Resource and Energy Economics, Elsevier, vol. 53(C), pages 79-100.
    27. Bushnell, James & Chen, Yihsu & Zaragoza-Watkins, Matthew, 2014. "Downstream regulation of CO2 emissions in California's electricity sector," Energy Policy, Elsevier, vol. 64(C), pages 313-323.
    28. Chan, Nathan W. & Morrow, John W., 2019. "Unintended consequences of cap-and-trade? Evidence from the Regional Greenhouse Gas Initiative," Energy Economics, Elsevier, vol. 80(C), pages 411-422.

  14. Hobbs, B.F. & Bushnell, J. & Wolak, F.A., 2010. "Upstream vs. Downstream CO2 Trading: A Comparison for the Electricity Context," Cambridge Working Papers in Economics 1018, Faculty of Economics, University of Cambridge.

    Cited by:

    1. Jin Fan & Jun Li & Yanrui Wu & Shanyong Wang & Dingtao Zhao, 2016. "The Effects of Allowance Price on Energy Demand under a Personal Carbon Trading Scheme," Economics Discussion / Working Papers 16-07, The University of Western Australia, Department of Economics.
    2. Erin T. Mansur, 2011. "Upstream versus Downstream Implementation of Climate Policy," NBER Chapters, in: The Design and Implementation of US Climate Policy, pages 179-193, National Bureau of Economic Research, Inc.
    3. Jin Fan & Shanyong Wang & Yanrui Wu & Jun Li & Dingtao Zhao, 2015. "Buffer Effect and Price Effect of a Personal Carbon Trading Scheme," Economics Discussion / Working Papers 15-07, The University of Western Australia, Department of Economics.
    4. Severin Borenstein & James Bushnell & Frank A. Wolak & Matthew Zaragoza-Watkins, 2015. "Expecting the Unexpected: Emissions Uncertainty and Environmental Market Design," NBER Working Papers 20999, National Bureau of Economic Research, Inc.
    5. Alberto M. Zanni & Abigail L. Bristow & Mark Wardman, 2013. "The potential behavioural effect of personal carbon trading: results from an experimental survey," Journal of Environmental Economics and Policy, Taylor & Francis Journals, vol. 2(2), pages 222-243, July.
    6. James B. Bushnell & Erin T. Mansur, 2011. "Vertical Targeting and Leakage in Carbon Policy," American Economic Review, American Economic Association, vol. 101(3), pages 263-267, May.

  15. Bushnell, James, 2010. "Building Blocks: Investment in Renewable and Non-Renewable Technologies," Staff General Research Papers Archive 31546, Iowa State University, Department of Economics.

    Cited by:

    1. Ueckerdt, Falko & Hirth, Lion & Luderer, Gunnar & Edenhofer, Ottmar, 2013. "System LCOE: What are the costs of variable renewables?," Energy, Elsevier, vol. 63(C), pages 61-75.
    2. Christian Gambardella & Michael Pahle & Wolf-Peter Schill, 2016. "Do Benefits from Dynamic Tariffing Rise? Welfare Effects of Real-Time Pricing under Carbon-Tax-Induced Variable Renewable Energy Supply," Discussion Papers of DIW Berlin 1621, DIW Berlin, German Institute for Economic Research.
    3. Lion Hirth & Falko Ueckerdt, 2012. "Redistribution Effects of Energy and Climate Policy: The Electricity Market," Working Papers 2012.82, Fondazione Eni Enrico Mattei.
    4. Sam Aflaki & Serguei Netessine, 2017. "Strategic Investment in Renewable Energy Sources: The Effect of Supply Intermittency," Manufacturing & Service Operations Management, INFORMS, vol. 19(3), pages 489-507, July.
    5. Alfredo Garcia & Juan Alzate & Jorge Barrera, 2012. "Regulatory design and incentives for renewable energy," Journal of Regulatory Economics, Springer, vol. 41(3), pages 315-336, June.
    6. Simshauser, P., 2021. "Rooftop Solar PV and the Peak Load Problem in the NEM’s Queensland Region," Cambridge Working Papers in Economics 2180, Faculty of Economics, University of Cambridge.
    7. Pahle, Michael & Schill, Wolf-Peter & Gambardella, Christian & Tietjen, Oliver, 2016. "Renewable Energy Support, Negative Prices, and Real-time Pricing," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 37, pages 147-169.
    8. Thure Traber & Claudia Kemfert, 2015. "Renewable Energy Support in Germany: Surcharge Development and the Impact of a Decentralized Capacity Mechanism," Discussion Papers of DIW Berlin 1452, DIW Berlin, German Institute for Economic Research.
    9. Timo Lohmann & Michael R. Bussieck & Lutz Westermann & Steffen Rebennack, 2021. "High-Performance Prototyping of Decomposition Methods in GAMS," INFORMS Journal on Computing, INFORMS, vol. 33(1), pages 34-50, January.
    10. Hirth, Lion, 2013. "The market value of variable renewables," Energy Economics, Elsevier, vol. 38(C), pages 218-236.
    11. Böckers, Veit & Giessing, Leonie & Rösch, Jürgen, 2013. "The green game changer: An empirical assessment of the effects of wind and solar power on the merit order," DICE Discussion Papers 104, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    12. Tim Nelson & Simon Kelley & Fiona Orton & Paul Simshauser, 2010. "Delayed Carbon Policy Certainty and Electricity Prices in Australia," Economic Papers, The Economic Society of Australia, vol. 29(4), pages 446-465, December.
    13. De Jonghe, C. & Hobbs, B. F. & Belmans, R., 2011. "Integrating short-term demand response into long-term investment planning," Cambridge Working Papers in Economics 1132, Faculty of Economics, University of Cambridge.
    14. Dominique Finon & Tanguy Janssen & Marie Petitet, 2015. "Carbon price instead of support schemes : Windpower investments by the electricity markets," CIRED Working Papers hal-01108944, HAL.
    15. Mendes, Carla & Soares, Isabel, 2014. "Renewable energies impacting the optimal generation mix: The case of the Iberian Electricity Market," Energy, Elsevier, vol. 69(C), pages 23-33.
    16. Bhagwat, Pradyumna C. & Richstein, Jörn C. & Chappin, Emile J.L. & de Vries, Laurens J., 2016. "The effectiveness of a strategic reserve in the presence of a high portfolio share of renewable energy sources," Utilities Policy, Elsevier, vol. 39(C), pages 13-28.
    17. Lion Hirth, Falko Ueckerdt, and Ottmar Edenhofer, 2016. "Why Wind Is Not Coal: On the Economics of Electricity Generation," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3).
    18. Mar Reguant, 2018. "The Efficiency and Sectoral Distributional Implications of Large-Scale Renewable Policies," NBER Working Papers 24398, National Bureau of Economic Research, Inc.
    19. Simshauser, Paul, 2022. "Rooftop solar PV and the peak load problem in the NEM's Queensland region," Energy Economics, Elsevier, vol. 109(C).
    20. Liu, Cengceng & Li, Nan & Zha, Donglan, 2016. "On the impact of FIT policies on renewable energy investment: Based on the solar power support policies in China's power market," Renewable Energy, Elsevier, vol. 94(C), pages 251-267.
    21. Browne, Oliver & Poletti, Stephen & Young, David, 2015. "How does market power affect the impact of large scale wind investment in 'energy only' wholesale electricity markets?," Energy Policy, Elsevier, vol. 87(C), pages 17-27.
    22. Li, Haoyang & Lin, Wen, 2023. "Cheaper solar, cleaner grid?," Energy Economics, Elsevier, vol. 127(PB).
    23. Cepeda, Mauricio & Finon, Dominique, 2013. "How to correct for long-term externalities of large-scale wind power development by a capacity mechanism?," Energy Policy, Elsevier, vol. 61(C), pages 671-685.
    24. Chao, Hung-po, 2011. "Efficient pricing and investment in electricity markets with intermittent resources," Energy Policy, Elsevier, vol. 39(7), pages 3945-3953, July.
    25. Yin, S. & Wang, J. & Li, Z. & Fang, X., 2021. "State-of-the-art short-term electricity market operation with solar generation: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 138(C).
    26. Vithayasrichareon, Peerapat & MacGill, Iain F., 2012. "Portfolio assessments for future generation investment in newly industrializing countries – A case study of Thailand," Energy, Elsevier, vol. 44(1), pages 1044-1058.
    27. Nelson, Tim & Reid, Cameron & McNeill, Judith, 2015. "Energy-only markets and renewable energy targets: Complementary policy or policy collision?," Economic Analysis and Policy, Elsevier, vol. 46(C), pages 25-42.
    28. Hirth, Lion & Ueckerdt, Falko & Edenhofer, Ottmar, 2015. "Integration costs revisited – An economic framework for wind and solar variability," Renewable Energy, Elsevier, vol. 74(C), pages 925-939.
    29. Simshauser, P., 2021. "Renewable Energy Zones in Australia’s National Electricity Market," Cambridge Working Papers in Economics 2119, Faculty of Economics, University of Cambridge.
    30. Michael Pahle & Wolf-Peter Schill & Christian Gambardella & Oliver Tietjen, 2015. "When Low Market Values Are No Bad News: On the Coordination of Renewable Support and Real-Time Pricing," Discussion Papers of DIW Berlin 1507, DIW Berlin, German Institute for Economic Research.
    31. Wichsinee Wibulpolprasert, 2016. "Optimal Environmental Policies And Renewable Energy Investment: Evidence From The Texas Electricity Market," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 7(04), pages 1-41, November.
    32. Wichsinee Wibulpolprasert, 2016. "Optimal Environmental Policies and Renewable Energy Investment in Electricity Markets," PIER Discussion Papers 47, Puey Ungphakorn Institute for Economic Research.
    33. Lion Hirth, 2015. "The Optimal Share of Variable Renewables: How the Variability of Wind and Solar Power affects their Welfare-optimal Deployment," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1).
    34. Lion Hirth, 2013. "The Market Value of Variable Renewables. The Effect of Solar and Wind Power Variability on their Relative Price," RSCAS Working Papers 2013/36, European University Institute.
    35. Barbose, Galen & Wiser, Ryan & Heeter, Jenny & Mai, Trieu & Bird, Lori & Bolinger, Mark & Carpenter, Alberta & Heath, Garvin & Keyser, David & Macknick, Jordan & Mills, Andrew & Millstein, Dev, 2016. "A retrospective analysis of benefits and impacts of U.S. renewable portfolio standards," Energy Policy, Elsevier, vol. 96(C), pages 645-660.
    36. Timo Lohmann & Steffen Rebennack, 2017. "Tailored Benders Decomposition for a Long-Term Power Expansion Model with Short-Term Demand Response," Management Science, INFORMS, vol. 63(6), pages 2027-2048, June.
    37. Tietjen, Oliver & Pahle, Michael & Fuss, Sabine, 2016. "Investment risks in power generation: A comparison of fossil fuel and renewable energy dominated markets," Energy Economics, Elsevier, vol. 58(C), pages 174-185.
    38. Bruce Mountain, 2013. "Market Power and Generation from Renewables: the Case of Wind in the South Australian Electricity Market," Economics of Energy & Environmental Policy, International Association for Energy Economics, vol. 0(Number 1).
    39. Paul Simshauser, 2019. "On the Stability of Energy-Only Markets with Government-Initiated Contracts-for-Differences," Energies, MDPI, vol. 12(13), pages 1-24, July.

  16. Bushnell, James & Chong, Howard G. & Mansur, Erin T., 2009. "Profiting from Regulation: An Event Study of the EU Carbon Market," Staff General Research Papers Archive 13139, Iowa State University, Department of Economics.

    Cited by:

    1. Marion, Justin & Muehlegger, Erich J., 2010. "Fuel Tax Incidence and Supply Conditions," Scholarly Articles 4448995, Harvard Kennedy School of Government.
    2. Holland, Stephen P. & Moore, Michael R., 2013. "Market design in cap and trade programs: Permit validity and compliance timing," Journal of Environmental Economics and Management, Elsevier, vol. 66(3), pages 671-687.
    3. Gabriel E Lade & C -Y Cynthia Lin Lawell & Aaron Smith, 2018. "Policy Shocks and Market-Based Regulations: Evidence from the Renewable Fuel Standard," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 100(3), pages 707-731.
    4. Ralf Martin & Mirabelle Mu?ls & Laure B. de Preux & Ulrich J. Wagner, 2014. "Industry Compensation under Relocation Risk: A Firm-Level Analysis of the EU Emissions Trading Scheme," American Economic Review, American Economic Association, vol. 104(8), pages 2482-2508, August.
    5. Nicola De Vivo & Giovanni Marin, 2017. "How neutral is the choice of the allocation mechanism in cap-and-trade schemes? Evidence from the EU-ETS," SEEDS Working Papers 0417, SEEDS, Sustainability Environmental Economics and Dynamics Studies, revised Aug 2017.
    6. Gabriel E. Lade & James Bushnell, 2019. "Fuel Subsidy Pass-Through and Market Structure: Evidence from the Renewable Fuel Standard," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 6(3), pages 563-592.
    7. Managi, Shunsuke & Managi, Shunsuke & Okimoto, Tatsuyoshi, 2013. "Does the price of oil interact with clean energy prices in the stock market?," MPRA Paper 46067, University Library of Munich, Germany.
    8. Thijs Jong & Oscar Couwenberg & Edwin Woerdman, 2013. "Does the EU ETS Bite? The Impact of Allowance Over-Allocation on Share Prices," RSCAS Working Papers 2013/54, European University Institute.
    9. Stocking, Andrew, 2010. "Unintended Consequences of Price Controls: An Application to Allowance Markets," MPRA Paper 25559, University Library of Munich, Germany.
    10. Emrah Koçak & Umit Bulut & Angeliki N. Menegaki, 2022. "The resilience of green firms in the twirl of COVID‐19: Evidence from S&P500 Carbon Efficiency Index with a Fourier approach," Business Strategy and the Environment, Wiley Blackwell, vol. 31(1), pages 32-45, January.
    11. Grossi, Luigi & Waterson, Michael, 2013. "German Energy Market Fallout from the Japanese Earthquake," CAGE Online Working Paper Series 157, Competitive Advantage in the Global Economy (CAGE).

  17. Bushnell, James & Wolfram, Catherine, 2009. "The Guy at the Controls: Labor Quality and Power Plant Efficiency," Staff General Research Papers Archive 13137, Iowa State University, Department of Economics.

    Cited by:

    1. Eric J. Bartelsman & Zoltan Wolf, 2017. "Measuring Productivity Dispersion," Tinbergen Institute Discussion Papers 17-033/VI, Tinbergen Institute.
    2. Chad Syverson, 2011. "What Determines Productivity?," Journal of Economic Literature, American Economic Association, vol. 49(2), pages 326-365, June.
    3. A. Lasagni & A. Nifo & G. Vecchione, 2012. "Firm productivity and institutional quality. Evidence from Italian industry," Economics Department Working Papers 2012-EP07, Department of Economics, Parma University (Italy).
    4. Zach Flynn, 2020. "Identifying productivity when it is a factor of production," RAND Journal of Economics, RAND Corporation, vol. 51(2), pages 496-530, June.
    5. Steven D. Levitt & John A. List & Chad Syverson, 2012. "Toward an Understanding of Learning by Doing: Evidence from an Automobile Assembly Plant," NBER Working Papers 18017, National Bureau of Economic Research, Inc.
    6. Emerick, Kyle & Burke, Marshall & Maue, Casey, 2020. "Productivity dispersion and persistence among the world’s most numerous firms," CEPR Discussion Papers 14553, C.E.P.R. Discussion Papers.
    7. Agostino, Mariarosaria & Nifo, Annamaria & Trivieri, Francesco & Vecchione, Gaetano, 2016. "Total factor productivity heterogeneity: channelling the impact of institutions," MPRA Paper 72759, University Library of Munich, Germany.
    8. Zaida Contreras, Tihomir Ancev, and Regina Betz, 2014. "Evaluation of Environmental Taxation on Multiple Air Pollutants in the Electricity Generation Sector - Evidence from New South Wales, Australia," Economics of Energy & Environmental Policy, International Association for Energy Economics, vol. 0(Number 2).
    9. Troy D. Smith, 2015. "Private Equity Investment in India: Efficiency vs Expansion," Discussion Papers 15-011, Stanford Institute for Economic Policy Research.
    10. Stefan Seifert, 2015. "Measuring Productivity When Technologies Are Heterogeneous: A Semi-Parametric Approach for Electricity Generation," Discussion Papers of DIW Berlin 1526, DIW Berlin, German Institute for Economic Research.
    11. Casey C. Maue & Marshall Burke & Kyle J. Emerick, 2020. "Productivity Dispersion and Persistence Among the World's Most Numerous Firms," NBER Working Papers 26924, National Bureau of Economic Research, Inc.
    12. Hei Sing (Ron) Chan & Maureen L. Cropper & Kabir Malik, 2014. "Why Are Power Plants in India Less Efficient Than Power Plants in the United States?," American Economic Review, American Economic Association, vol. 104(5), pages 586-590, May.
    13. Sergio Bautista-Arredondo & Gina La Hera-Fuentes & David Contreras-Loya & Ada Kwan & S Janae Van Buren & Ogbonna O Amanze & Akinyemi Atobatele & Adedayo Adeyemi & Emmanuel Abatta & Kayode M Ogungbemi , 2018. "Efficiency of HIV services in Nigeria: Determinants of unit cost variation of HIV counseling and testing and prevention of mother-to-child transmission interventions," PLOS ONE, Public Library of Science, vol. 13(9), pages 1-19, September.

  18. Bushnell, James & Hobbs, Benjamin & Wolak, Frank, 2009. "When It Comes to Demand Response, is FERC Its Own Worst Enemy?," Staff General Research Papers Archive 13141, Iowa State University, Department of Economics.

    Cited by:

    1. Muñoz, Francisco D. & Suazo-Martínez, Carlos & Pereira, Eduardo & Moreno, Rodrigo, 2021. "Electricity market design for low-carbon and flexible systems: Room for improvement in Chile," Energy Policy, Elsevier, vol. 148(PB).
    2. James Buthman, 2015. "Institutionalizing renewable electricity: the long-term potential for policy learning," Journal of Environmental Studies and Sciences, Springer;Association of Environmental Studies and Sciences, vol. 5(4), pages 526-536, December.
    3. David P. Brown & David E. M. Sappington, 2016. "On the optimal design of demand response policies," Journal of Regulatory Economics, Springer, vol. 49(3), pages 265-291, June.
    4. Patrick Ludwig & Christian Winzer, 2022. "Tariff Menus to Avoid Rebound Peaks: Results from a Discrete Choice Experiment with Swiss Customers," Energies, MDPI, vol. 15(17), pages 1-21, August.
    5. Lund, Peter D. & Lindgren, Juuso & Mikkola, Jani & Salpakari, Jyri, 2015. "Review of energy system flexibility measures to enable high levels of variable renewable electricity," Renewable and Sustainable Energy Reviews, Elsevier, vol. 45(C), pages 785-807.
    6. Masahiko Aoki & Geoffrey Rothwell, 2013. "A comparative institutional analysis of the Fukushima nuclear disaster: Lessons and policy implications," Chapters, in: Comparative Institutional Analysis, chapter 8, pages 105-132, Edward Elgar Publishing.
    7. Xiao, Jingjie & Liu, Andrew & Pekny, Joseph, 2012. "Quantify Benefits of Home Energy Management System Under Dynamic Electricity Pricing," MPRA Paper 58781, University Library of Munich, Germany.
    8. Masahiko Aoki & Geoffrey Rothwell, 2011. "Organizations under Large Uncertainty: An Analysis of the Fukushima Catastrophe," Discussion Papers 11-001, Stanford Institute for Economic Policy Research.
    9. Jiang, Bo & Farid, Amro M. & Youcef-Toumi, Kamal, 2015. "Demand side management in a day-ahead wholesale market: A comparison of industrial & social welfare approaches," Applied Energy, Elsevier, vol. 156(C), pages 642-654.
    10. Claire Bergaentzlé, 2013. "From smart technology to smart consumers: for better system reliability and improved market efficiency," Post-Print halshs-01011169, HAL.
    11. Faruqui, A. & Hajos, A. & Hledik, R.M. & Newell, S.A., 2010. "Fostering economic demand response in the Midwest ISO," Energy, Elsevier, vol. 35(4), pages 1544-1552.
    12. Faria, P. & Vale, Z., 2011. "Demand response in electrical energy supply: An optimal real time pricing approach," Energy, Elsevier, vol. 36(8), pages 5374-5384.
    13. Zhao, Huan, 2011. "Four Market Studies for the Beef and Electric Power Industries," ISU General Staff Papers 201101010800001360, Iowa State University, Department of Economics.
    14. Hung-po Chao, 2011. "Demand response in wholesale electricity markets: the choice of customer baseline," Journal of Regulatory Economics, Springer, vol. 39(1), pages 68-88, February.
    15. Masahiko Aoki & Geoffrey Rothwell, 2011. "Coordination Under Uncertain Conditions : An Analysis of the Fukushima Catastrophe," Governance Working Papers 23220, East Asian Bureau of Economic Research.
    16. Xu Chen and Andrew N. Kleit, 2016. "Money for Nothing? Why FERC Order 745 Should have Died," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2).
    17. Juliano Camargo & Fred Spiessens & Chris Hermans, 2018. "A Network Flow Model for Price-Responsive Control of Deferrable Load Profiles," Energies, MDPI, vol. 11(3), pages 1-17, March.
    18. Vishal V. Agrawal & Şafak Yücel, 2022. "Design of Electricity Demand-Response Programs," Management Science, INFORMS, vol. 68(10), pages 7441-7456, October.
    19. Nolan, Sheila & O’Malley, Mark, 2015. "Challenges and barriers to demand response deployment and evaluation," Applied Energy, Elsevier, vol. 152(C), pages 1-10.
    20. Walsh, Darragh & Malaguzzi Valeri, Laura & Di Cosmo, Valeria, 2016. "Strategic bidding, wind ownership and regulation in a decentralised electricity market," MPRA Paper 71502, University Library of Munich, Germany.
    21. Hung-po Chao & Mario DePillis, 2013. "Incentive effects of paying demand response in wholesale electricity markets," Journal of Regulatory Economics, Springer, vol. 43(3), pages 265-283, June.
    22. Tim Schittekatte & Valerie Reif & Leonardo Meeus, 2021. "Welcoming New Entrants into European Electricity Markets," Energies, MDPI, vol. 14(13), pages 1-20, July.
    23. Xiao, Jingjie, 2013. "Grid integration and smart grid implementation of emerging technologies in electric power systems through approximate dynamic programming," MPRA Paper 58696, University Library of Munich, Germany.
    24. Hung-po Chao, 2012. "Competitive electricity markets with consumer subscription service in a smart grid," Journal of Regulatory Economics, Springer, vol. 41(1), pages 155-180, February.

  19. Bushnell, James & Chen, Yihsu, 2009. "Regulation, Allocation and Leakage in Cap-And-Trade Markets for CO2," Staff General Research Papers Archive 13131, Iowa State University, Department of Economics.

    Cited by:

    1. Garth Heutel, 2011. "Online Appendix to "How Should Environmental Policy Respond to Business Cycles? Optimal Policy under Persistent Productivity Shocks"," Online Appendices 10-62, Review of Economic Dynamics.
    2. Xu, Li & Deng, Shi-Jie & Thomas, Valerie M., 2016. "Carbon emission permit price volatility reduction through financial options," Energy Economics, Elsevier, vol. 53(C), pages 248-260.
    3. Benjamin F. Hobbs & James Bushnell & Frank A. Wolak, 2010. "Upstream vs. Downstream CO2 Trading: A Comparison for the Electricity Context," Working Papers EPRG 1010, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    4. Heutel, Garth, 2011. "How Should Environmental Policy Respond to Business Cycles? Optimal Policy under Persistent Productivity Shocks," UNCG Economics Working Papers 11-8, University of North Carolina at Greensboro, Department of Economics.
    5. Fleming, Patrick & Lichtenberg, Erik & Newburn, David, 2018. "Water Quality Trading Program Design with Heterogeneous Behavioral Responses," 2018 Annual Meeting, August 5-7, Washington, D.C. 274429, Agricultural and Applied Economics Association.
    6. Ralf Martin & Mirabelle Mu?ls & Laure B. de Preux & Ulrich J. Wagner, 2014. "Industry Compensation under Relocation Risk: A Firm-Level Analysis of the EU Emissions Trading Scheme," American Economic Review, American Economic Association, vol. 104(8), pages 2482-2508, August.
    7. Erin T. Mansur, 2011. "Upstream versus Downstream Implementation of Climate Policy," NBER Chapters, in: The Design and Implementation of US Climate Policy, pages 179-193, National Bureau of Economic Research, Inc.
    8. Stephen P. Ryan & Mar Reguant & Meredith Fowlie, 2011. "Pollution Permits and the Evolution of Market Structure," 2011 Meeting Papers 1440, Society for Economic Dynamics.
    9. Meredith Fowlie & Mar Reguant & Stephen P. Ryan, 2016. "Market-Based Emissions Regulation and Industry Dynamics," Journal of Political Economy, University of Chicago Press, vol. 124(1), pages 249-302.
    10. Holland, Stephen P., 2012. "Emissions taxes versus intensity standards: Second-best environmental policies with incomplete regulation," Journal of Environmental Economics and Management, Elsevier, vol. 63(3), pages 375-387.
    11. Makoto Tanaka and Yihsu Chen, 2012. "Emissions Trading in Forward and Spot Markets for Electricity," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2).
    12. Don Fullerton & Garth Heutel, 2010. "The General Equilibrium Incidence of Environmental Mandates," American Economic Journal: Economic Policy, American Economic Association, vol. 2(3), pages 64-89, August.
    13. Philippe Quirion, 2009. "Historic versus output-based allocation of GHG tradable allowances: a comparison," Post-Print hal-00715558, HAL.
    14. Stephen P. Holland, 2009. "Taxes and Trading versus Intensity Standards: Second-Best Environmental Policies with Incomplete Regulation (Leakage) or Market Power," NBER Working Papers 15262, National Bureau of Economic Research, Inc.
    15. Gacitua, L. & Gallegos, P. & Henriquez-Auba, R. & Lorca, Á. & Negrete-Pincetic, M. & Olivares, D. & Valenzuela, A. & Wenzel, G., 2018. "A comprehensive review on expansion planning: Models and tools for energy policy analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 98(C), pages 346-360.
    16. Tanaka, Makoto & Chen, Yihsu, 2012. "Market power in emissions trading: Strategically manipulating permit price through fringe firms," Applied Energy, Elsevier, vol. 96(C), pages 203-211.

  20. Bushnell, James, 2008. "Implementation of California AB 32 and Its Impact on Electricity Markets," Staff General Research Papers Archive 13134, Iowa State University, Department of Economics.

    Cited by:

    1. Benjamin F. Hobbs & James Bushnell & Frank A. Wolak, 2010. "Upstream vs. Downstream CO2 Trading: A Comparison for the Electricity Context," Working Papers EPRG 1010, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.

  21. Bushnell, James & Wolfram, Catherine, 2008. "Electricity Markets," Staff General Research Papers Archive 31547, Iowa State University, Department of Economics.

    Cited by:

    1. Erin T. Mansur, 2007. "Prices vs. Quantities: Environmental Regulation and Imperfect Competition," NBER Working Papers 13510, National Bureau of Economic Research, Inc.
    2. Hooper, E. & Medvedev, A., 2008. "Electrifying Integration: Electricity Production And The South-East Europe Regional Energy Market," Cambridge Working Papers in Economics 0804, Faculty of Economics, University of Cambridge.
    3. Chernyavs’ka, Liliya & Gullì, Francesco, 2007. "Interaction of carbon and electricity prices under imperfect competition," MPRA Paper 5866, University Library of Munich, Germany.
    4. John Kwoka, 2008. "Restructuring the U.S. Electric Power Sector: A Review of Recent Studies," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 32(3), pages 165-196, May.
    5. Peter Cramton, 2003. "Competitive Bidding Behavior in Uniform-Price Auction Markets," Papers of Peter Cramton 03ferc1, University of Maryland, Department of Economics - Peter Cramton, revised 2003.
    6. James Bushnell, 2007. "Oligopoly equilibria in electricity contract markets," Journal of Regulatory Economics, Springer, vol. 32(3), pages 225-245, December.
    7. Konstantinos Metaxoglou & Aaron Smith, 2007. "Efficiency of the California electricity reserves market," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 22(6), pages 1127-1144.
    8. Genc, Talat S. & Thille, Henry, 2011. "Investment in electricity markets with asymmetric technologies," Energy Economics, Elsevier, vol. 33(3), pages 379-387, May.
    9. Emmanuel Dechenaux & Dan Kovenock, 2007. "Tacit collusion and capacity withholding in repeated uniform price auctions," RAND Journal of Economics, RAND Corporation, vol. 38(4), pages 1044-1069, December.
    10. Teixeira, Luciana & Bugarin, Mauricio S. & Dourado, Maria Cristina, 2006. "Intermunicipal Health Care Consortia in Brazil: Strategic Behavior, Incentives and Sustainability," Insper Working Papers wpe_65, Insper Working Paper, Insper Instituto de Ensino e Pesquisa.
    11. Bushnell, James & Mansur, Erin T. & Saravia, Celeste, 2008. "Vertical Arrangements, Market Structure and Competition: An Analysis of Restructured U.S. Electricity Markets," Staff General Research Papers Archive 13130, Iowa State University, Department of Economics.
    12. Severin Borenstein & James Bushnell & Frank Wolak, 2000. "Diagnosing Market Power in California's Restructured Wholesale Electricity Market," NBER Working Papers 7868, National Bureau of Economic Research, Inc.
    13. SMEERS, Yves, 2005. "How well can one measure market power in restructured electricity systems ?," LIDAM Discussion Papers CORE 2005050, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    14. Aitor Ciarreta & María Espinosa, 2010. "Market power in the Spanish electricity auction," Journal of Regulatory Economics, Springer, vol. 37(1), pages 42-69, February.
    15. Twomey, P. & Green, R. & Neuhoff, K. & Newbery, D., 2005. "A Review of the Monitoring of Market Power The Possible Roles of TSOs in Monitoring for Market Power Issues in Congested Transmission Systems," Cambridge Working Papers in Economics 0504, Faculty of Economics, University of Cambridge.
    16. Rajnish Kamat & Shmuel Oren, 2004. "Two-settlement Systems for Electricity Markets under Network Uncertainty and Market Power," Journal of Regulatory Economics, Springer, vol. 25(1), pages 5-37, January.
    17. Frank A. Wolak, 2007. "Quantifying the supply-side benefits from forward contracting in wholesale electricity markets," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 22(7), pages 1179-1209.
    18. Augusto Rupérez-Micola & Albert Banal-Estañol, 2007. "Composition of electricity generation portfolios, pivotal dynamics and market prices," Economics Working Papers 1083, Department of Economics and Business, Universitat Pompeu Fabra.
    19. Burtraw, Dallas, 2007. "State Efforts to Cap the Commons: Regulating Sources or Consumers?," RFF Working Paper Series dp-07-49, Resources for the Future.
    20. Pollitt, M. J., 2011. "Lessons from the History of Independent System Operators in the Energy Sector, with applications to the Water Sector," Cambridge Working Papers in Economics 1153, Faculty of Economics, University of Cambridge.
    21. Albert Banal-Estañol & Augusto Rupérez Micola, 2010. "Are Agent-based Simulations Robust? The Wholesale Electricity Trading Case," Working Papers 443, Barcelona School of Economics.
    22. Erin T. Mansur, 2008. "Measuring Welfare in Restructured Electricity Markets," The Review of Economics and Statistics, MIT Press, vol. 90(2), pages 369-386, May.
    23. Finn R. Førsund, 2007. "Hydropower Economics," International Series in Operations Research and Management Science, Springer, number 978-0-387-73027-1, December.
    24. Gijsbert T.J. Zwart, 2009. "European Natural Gas Markets: Resource Constraints and Market Power," The Energy Journal, International Association for Energy Economics, vol. 0(Special I), pages 151-166.
    25. Erin T. Mansur, 2007. "Do Oligopolists Pollute Less? Evidence From A Restructured Electricity Market," Journal of Industrial Economics, Wiley Blackwell, vol. 55(4), pages 661-689, December.
    26. James Bushnell & Carla Peterman & Catherine Wolfram, 2007. "Local Solutions to Global Problems: Policy Choice and Regulatory Jurisdiction," NBER Working Papers 13472, National Bureau of Economic Research, Inc.
    27. Ahmed Anwar, 2006. "Single or Multiple Pricing in Electricity Pools?," Edinburgh School of Economics Discussion Paper Series 143, Edinburgh School of Economics, University of Edinburgh.
    28. Von der Fehr, Nils-Henrik M. & Fabra, Natalia & de Frutos, Maria-Angeles, 2008. "Investment Incentives and Auction Design in Electricity Markets," CEPR Discussion Papers 6626, C.E.P.R. Discussion Papers.
    29. Peter Cramton, 2003. "Rebuttal Addendum: Assessment of Submissions of the California Parties," Papers of Peter Cramton 03ferc2, University of Maryland, Department of Economics - Peter Cramton, revised 2003.
    30. Niamh McCarthy, 2005. "Market Size, Market Structure & Market Power in the Irish Electricity Industry," Papers WP168, Economic and Social Research Institute (ESRI).
    31. DAKHLAOUI Ahlem & MOREAUX Michel, 2007. "Trade-off between Hydro and Thermal Power Generation under Uncertainty," LERNA Working Papers 07.13.234, LERNA, University of Toulouse.
    32. Fabra, Natalia & de Frutos, Maria-Angeles, 2008. "On the Impact of Forward Contract Obligations in Multi-Unit Auctions," CEPR Discussion Papers 6756, C.E.P.R. Discussion Papers.
    33. Paroma Sanyal & Linda R. Cohen, 2005. "Deregulation, Restructuring and Changing R&D Paradigms in the US Electric Utility Industry," Industrial Organization 0504014, University Library of Munich, Germany.
    34. Elbia Vinhaes, 2003. "Estrutura de Governança e Comportamento Estratégico em Sistemas Elétricos Reestruturados: uma Abordagem Institucional do Poder de Mercado na Indústria de Energia Elétrica Brasileira," Anais do XXXI Encontro Nacional de Economia [Proceedings of the 31st Brazilian Economics Meeting] d09, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    35. Severin Borenstein & James B. Bushnell & Frank A. Wolak, 2002. "Measuring Market Inefficiencies in California's Restructured Wholesale Electricity Market," American Economic Review, American Economic Association, vol. 92(5), pages 1376-1405, December.
    36. Tarjei Kristiansen & Juan Rosellón, 2006. "A Merchant Mechanism for Electricity Transmission Expansion," Journal of Regulatory Economics, Springer, vol. 29(2), pages 167-193, March.
    37. Petter Vegard Hansen, 2007. "Inflow Uncertainty in Hydropower Markets," Discussion Papers 520, Statistics Norway, Research Department.
    38. Palmer, Karen & Burtraw, Dallas & Paul, Anthony, 2009. "Allowance Allocation in a CO2 Emissions Cap-and-Trade Program for the Electricity Sector in California," RFF Working Paper Series dp-09-41, Resources for the Future.
    39. Alfredo Garcia & Ennio Stacchetti, 2011. "Investment dynamics in electricity markets," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 46(2), pages 149-187, February.
    40. Paul Joskow & Edward Kahn, 2001. "A Quantitative Analysis of Pricing Behavior in California's Wholesale Electricity Market During Summer 2000," NBER Working Papers 8157, National Bureau of Economic Research, Inc.
    41. Robert A. Ritz, 2009. "Carbon leakage under incomplete environmental regulation: An industry-level approach," Economics Series Working Papers 461, University of Oxford, Department of Economics.
    42. Paroma Sanyal, 2007. "The effect of deregulation on environmental research by electric utilities," Journal of Regulatory Economics, Springer, vol. 31(3), pages 335-353, June.
    43. Dean V. Williamson & Céline Jullien & Lynne Kiesling & Carine Staropoli, 2006. "Investment Incentives and Market Power: An Experimental Analysis," EAG Discussions Papers 200605, Department of Justice, Antitrust Division.
    44. GABRIEL, Steven & SMEERS, Yves, 2005. "Complementarity problems in restructured natural gas markets," LIDAM Discussion Papers CORE 2005037, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    45. Ali Hortacsu & Steven L. Puller, 2005. "Understanding Strategic Bidding in Restructured Electricity Markets: A Case Study of ERCOT," NBER Working Papers 11123, National Bureau of Economic Research, Inc.
    46. Paroma Sanyal, 2005. "Powering a Green Progress: The Effect of Electricity Deregulation on Environmental Research," Industrial Organization 0504015, University Library of Munich, Germany.
    47. DAKHLAOUI Ahlem, 2007. "Dynamic games in the wholesale electricity market," LERNA Working Papers 07.21.242, LERNA, University of Toulouse.
    48. Gijsbert Zwart & Machiel Mulder, 2006. "NATGAS: a model of the European natural gas market," CPB Memorandum 144, CPB Netherlands Bureau for Economic Policy Analysis.

  22. Bushnell, James & Peterman, Carla & Wolfram, Catherine, 2008. "Local Solutions to Global Problems: Climate Change Policies and Regulatory Jurisdiction," Staff General Research Papers Archive 13125, Iowa State University, Department of Economics.

    Cited by:

    1. Bushnell, James & Chen, Yihsu, 2012. "Allocation and leakage in regional cap-and-trade markets for CO2," Resource and Energy Economics, Elsevier, vol. 34(4), pages 647-668.
    2. Christoph Böhringer & Jared C. Carbone & Thomas F. Rutherford, 2011. "Embodied Carbon Tariffs," Working Papers V-340-11, University of Oldenburg, Department of Economics, revised Sep 2011.
    3. Megan H. Accordino and Deepak Rajagopal, 2015. "When a National Cap-and-Trade Policy with Carve-out Provision May Be Preferable to a National CO2 Tax," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3).
    4. Lawrence Goulder & Mark Jacobsen & Arthur van Benthem, "undated". "Unintended Consequences from Nested State & Federal Regulations: The Case of the Pavley Greenhouse-Gas-per-Mile Limits," Discussion Papers 08-049, Stanford Institute for Economic Policy Research.
    5. Liu, Lirong & Huang, Guohe & Baetz, Brian & Zhang, Kaiqiang, 2018. "Environmentally-extended input-output simulation for analyzing production-based and consumption-based industrial greenhouse gas mitigation policies," Applied Energy, Elsevier, vol. 232(C), pages 69-78.
    6. McAusland, Carol, 2021. "Carbon taxes and footprint leakage: Spoilsport effects," Journal of Public Economics, Elsevier, vol. 204(C).
    7. James B. Bushnell & Stephen P. Holland & Jonathan E. Hughes & Christopher R. Knittel, 2017. "Strategic Policy Choice in State-Level Regulation: The EPA's Clean Power Plan," American Economic Journal: Economic Policy, American Economic Association, vol. 9(2), pages 57-90, May.
    8. Carol McAusland & Nouri Najjar, 2015. "Carbon Footprint Taxes," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 61(1), pages 37-70, May.
    9. Lee, Jonathan M. & Howard, Gregory, 2021. "The impact of technical efficiency, innovation, and climate policy on the economic viability of renewable electricity generation," Energy Economics, Elsevier, vol. 100(C).
    10. Erin T. Mansur, 2011. "Upstream versus Downstream Implementation of Climate Policy," NBER Chapters, in: The Design and Implementation of US Climate Policy, pages 179-193, National Bureau of Economic Research, Inc.
    11. Michel Damian, 2014. "Robert Stavins on the carbon-pricing regime, The New York Times, 1 June 2014: dodgy arguments," Post-Print hal-01092751, HAL.
    12. Goulder, Lawrence H. & Jacobsen, Mark R. & van Benthem, Arthur A., 2012. "Unintended consequences from nested state and federal regulations: The case of the Pavley greenhouse-gas-per-mile limits," Journal of Environmental Economics and Management, Elsevier, vol. 63(2), pages 187-207.
    13. Richard Schmalensee & Robert N. Stavins, 2015. "Lessons Learned from Three Decades of Experience with Cap-and-Trade," Working Papers 2015.107, Fondazione Eni Enrico Mattei.
    14. Michel Damian, 2014. "Robert stav ins on the carbon-pricing regime, the New York times , 1 june 2014: dodgy arguments," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2014(1), pages 53-61.
    15. Michel Damian, 2012. "Repenser l'économie du changement climatique," Post-Print halshs-00709929, HAL.
    16. Holland, Stephen P., 2012. "Emissions taxes versus intensity standards: Second-best environmental policies with incomplete regulation," Journal of Environmental Economics and Management, Elsevier, vol. 63(3), pages 375-387.
    17. Bo Shen & Fan Dai & Lynn Price & Hongyou Lu, 2014. "California's Cap-and-Trade Programme and Insights for China's Pilot Schemes," Energy & Environment, , vol. 25(3-4), pages 551-575, April.
    18. Eggert, Håkan & Greaker, Mads & Potter, Emily, 2011. "Policies for Second Generation Biofuels: Current status and future challenges," Working Papers in Economics 501, University of Gothenburg, Department of Economics.
    19. Hannum, Christopher & Cutler, Harvey & Iverson, Terrence & Keyser, David, 2017. "Estimating the implied cost of carbon in future scenarios using a CGE model: The Case of Colorado," Energy Policy, Elsevier, vol. 102(C), pages 500-511.
    20. Murray, Brian C. & Maniloff, Peter T., 2015. "Why have greenhouse emissions in RGGI states declined? An econometric attribution to economic, energy market, and policy factors," Energy Economics, Elsevier, vol. 51(C), pages 581-589.
    21. Todd Sandler, 2017. "Environmental cooperation: contrasting international environmental agreements," Oxford Economic Papers, Oxford University Press, vol. 69(2), pages 345-364.
    22. Cohen, Alex & Keiser, David, 2016. "The Effectiveness of Overlapping Pollution Regulation: Evidence from the Ban on Phosphate in Dishwasher Detergent," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235533, Agricultural and Applied Economics Association.
    23. Lawrence H. Goulder & Mark R. Jacobsen & Arthur A. van Benthem, 2009. "Unintended Consequences from Nested State & Federal Regulations: The Case of the Pavley Greenhouse-Gas-per-Mile Limits," NBER Working Papers 15337, National Bureau of Economic Research, Inc.
    24. Christopher Hannum, 2023. "Effect of Natural Gas Prices on Renewable Portfolio Standard Impacts," International Journal of Energy Economics and Policy, Econjournals, vol. 13(2), pages 391-403, March.
    25. Lade, Gabriel E. & Lin Lawell, C.-Y. Cynthia, 2015. "The design and economics of low carbon fuel standards," Research in Transportation Economics, Elsevier, vol. 52(C), pages 91-99.
    26. Joel Wood, 2018. "The Pros and Cons of Carbon Taxes and Cap-and-Trade Systems," SPP Briefing Papers, The School of Public Policy, University of Calgary, vol. 11(30), November.
    27. William M. Shobe & Dallas Burtraw, 2012. "Rethinking Environmental Federalism In A Warming World," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 3(04), pages 1-33.
    28. Andres P. Perez, Enzo E. Sauma, Francisco D. Munoz, and Benjamin F. Hobbs, 2016. "The Economic Effects of Interregional Trading of Renewable Energy Certificates in the U.S. WECC," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
    29. Reeling, Carson & Garnache, Cloé & Horan, Richard, 2018. "Efficiency gains from integrated multipollutant trading," Resource and Energy Economics, Elsevier, vol. 52(C), pages 124-136.
    30. Eggert, HÃ¥kan & Greaker, Mads, 2013. "Promoting Second Generation Biofuels: Does the First Generation Pave the Road?," RFF Working Paper Series dp-13-18-efd, Resources for the Future.
    31. Plevin, Richard J. & Delucchi, Mark A. & O’Hare, Michael, 2017. "Fuel carbon intensity standards may not mitigate climate change," Energy Policy, Elsevier, vol. 105(C), pages 93-97.
    32. Antonio M. Bento, Richard Klotz, and Joel R. Landry, 2015. "Are there Carbon Savings from US Biofuel Policies? The Critical Importance of Accounting for Leakage in Land and Fuel Markets," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3).
    33. Cohen, Alex & Keiser, David A., 2017. "The effectiveness of incomplete and overlapping pollution regulation: Evidence from bans on phosphate in automatic dishwasher detergent," Journal of Public Economics, Elsevier, vol. 150(C), pages 53-74.
    34. James B. Bushnell & Erin T. Mansur, 2011. "Vertical Targeting and Leakage in Carbon Policy," American Economic Review, American Economic Association, vol. 101(3), pages 263-267, May.
    35. Fan Dai & Ling Xiong & Ding Ma, 2017. "How to Set the Allowance Benchmarking for Cement Industry in China’s Carbon Market: Marginal Analysis and the Case of the Hubei Emission Trading Pilot," Sustainability, MDPI, vol. 9(2), pages 1-15, February.
    36. Zhu, Junming & Ruth, Matthias, 2015. "Relocation or reallocation: Impacts of differentiated energy saving regulation on manufacturing industries in China," Ecological Economics, Elsevier, vol. 110(C), pages 119-133.
    37. Wang, Ge & Zhang, Qi & Li, Yan & Mclellan, Benjamin C. & Pan, Xunzhang, 2019. "Corrective regulations on renewable energy certificates trading: Pursuing an equity-efficiency trade-off," Energy Economics, Elsevier, vol. 80(C), pages 970-982.
    38. Bushnell, James & Chen, Yihsu & Zaragoza-Watkins, Matthew, 2014. "Downstream regulation of CO2 emissions in California's electricity sector," Energy Policy, Elsevier, vol. 64(C), pages 313-323.
    39. Chan, Nathan W. & Morrow, John W., 2019. "Unintended consequences of cap-and-trade? Evidence from the Regional Greenhouse Gas Initiative," Energy Economics, Elsevier, vol. 80(C), pages 411-422.

  23. Bushnell, James & Mansur, Erin T. & Saravia, Celeste, 2008. "Vertical Arrangements, Market Structure and Competition: An Analysis of Restructured U.S. Electricity Markets," Staff General Research Papers Archive 13130, Iowa State University, Department of Economics.

    Cited by:

    1. Yasui, Yuta & Haraguchi, Junichi, 2018. "Supply function equilibria and nonprofit-maximizing objectives," Economics Letters, Elsevier, vol. 166(C), pages 50-55.
    2. Bushnell, James & Chen, Yihsu, 2012. "Allocation and leakage in regional cap-and-trade markets for CO2," Resource and Energy Economics, Elsevier, vol. 34(4), pages 647-668.
    3. Hach, Daniel & Chyong, Chi Kong & Spinler, Stefan, 2016. "Capacity market design options: A dynamic capacity investment model and a GB case study," European Journal of Operational Research, Elsevier, vol. 249(2), pages 691-705.
    4. Raphaël Homayoun Boroumand & Stéphane Goutte & Simon Porcher & Thomas Porcher, 2015. "Hedging strategies in energy markets: The case of electricity retailers," Post-Print halshs-01194750, HAL.
    5. Graf, Christoph & Wozabal, David, 2013. "Measuring competitiveness of the EPEX spot market for electricity," Energy Policy, Elsevier, vol. 62(C), pages 948-958.
    6. Argenton, Cedric & Willems, Bert, 2015. "Exclusion through speculation," Other publications TiSEM 1b61bc7a-ce15-4b4c-84e6-b, Tilburg University, School of Economics and Management.
    7. Benatia, David & Billette de Villemeur, Etienne, 2019. "Strategic Reneging in Sequential Imperfect Markets," MPRA Paper 105280, University Library of Munich, Germany, revised Jan 2020.
    8. Deane, Paul & FitzGerald, John & Malaguzzi Valeri, Laura & Tuohy, Aidan & Walsh, Darragh, 2014. "Irish and British Electricity Prices: What Recent History Implies for Future Prices," Papers RB2014/2/6, Economic and Social Research Institute (ESRI).
    9. Vives, Xavier, 2008. "Strategic supply function competition with private information," IESE Research Papers D/774, IESE Business School.
    10. Willems, Bert & Rumiantseva, I. & Weigt, H., 2007. "Cournot versus Supply Functions : What Does the Data tell us?," Other publications TiSEM d59ac731-8d6c-4cfe-b2d3-0, Tilburg University, School of Economics and Management.
    11. Weigt, H. & Willems, Bert, 2011. "The Effect of Divestitures in the German Electricity Market," Discussion Paper 2011-034, Tilburg University, Center for Economic Research.
    12. Abito, Jose Miguel & Knittel, Christopher R. & Metaxoglou, Konstantinos & Trindade, André, 2022. "The role of output reallocation and investment in coordinating environmental markets," International Journal of Industrial Organization, Elsevier, vol. 83(C).
    13. Muñoz, Francisco D. & Suazo-Martínez, Carlos & Pereira, Eduardo & Moreno, Rodrigo, 2021. "Electricity market design for low-carbon and flexible systems: Room for improvement in Chile," Energy Policy, Elsevier, vol. 148(PB).
    14. Wolf-Peter Schill, 2010. "Electric Vehicles in Imperfect Electricity Markets: A German Case Study," Discussion Papers of DIW Berlin 1084, DIW Berlin, German Institute for Economic Research.
    15. Ali Hortaçsu & Seyed Ali Madanizadeh & Steven L. Puller, 2015. "Power to Choose? An Analysis of Consumer Inertia in the Residential Electricity Market," NBER Working Papers 20988, National Bureau of Economic Research, Inc.
    16. Bruno Lanz & Sebastian Rausch, 2015. "Emissions Trading in the Presence of Price-Regulated Polluting Firms: How Costly Are Free Allowances?," CIES Research Paper series 34-2015, Centre for International Environmental Studies, The Graduate Institute.
    17. ITO Koichiro & Mar REGUANT, 2015. "Sequential Markets, Market Power and Arbitrage," Discussion papers 15015, Research Institute of Economy, Trade and Industry (RIETI).
    18. Brown, David P. & Eckert, Andrew, 2016. "Electricity Market Mergers with Endogenous Forward Contracting," Working Papers 2016-6, University of Alberta, Department of Economics.
    19. Newbery, David M. & Greve, Thomas, 2017. "The strategic robustness of oligopoly electricity market models," Energy Economics, Elsevier, vol. 68(C), pages 124-132.
    20. Bruno Bosco, Lucia Parisio and Matteo Pelagatti, 2016. "Price coordination in vertically integrated electricity markets. Theory and empirical evidence," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1).
    21. Moritz Bohland & Sebastian Schwenen, 2020. "Technology Policy and Market Structure: Evidence from the Power Sector," Discussion Papers of DIW Berlin 1856, DIW Berlin, German Institute for Economic Research.
    22. Natalia Fabra & Imelda, 2021. "Market Power and Price Exposure: Learning from Changes in Renewables Regulation," Working Papers EPRG2117, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    23. James Bushnell, 2007. "Oligopoly equilibria in electricity contract markets," Journal of Regulatory Economics, Springer, vol. 32(3), pages 225-245, December.
    24. Lucas W. Davis & Shaun McRae & Enrique Seira Bejarano, 2018. "An Economic Perspective on Mexico's Nascent Deregulation of Retail Petroleum Markets," NBER Working Papers 24547, National Bureau of Economic Research, Inc.
    25. David P. Brown & David E. M. Sappington, 2023. "Employing gain-sharing regulation to promote forward contracting in the electricity sector," Journal of Regulatory Economics, Springer, vol. 63(1), pages 30-56, April.
    26. Genakos, Christos & Grey, Felix & Ritz, Robert, 2020. "GENERALIZED LINEAR COMPETITION: From pass-through to policy," CEPR Discussion Papers 15127, C.E.P.R. Discussion Papers.
    27. Holmberg, Pär & Willems, Bert, 2015. "Relaxing competition through speculation: Committing to a negative supply slope," Journal of Economic Theory, Elsevier, vol. 159(PA), pages 236-266.
    28. Ferreira, José Luis & Kujal, Praveen & Rassenti, Stephen, 2009. "The strategic motive to sell forward: experimental evidence," UC3M Working papers. Economics we092616, Universidad Carlos III de Madrid. Departamento de Economía.
    29. Ali Hortaçsu & Steven L. Puller, 2008. "Understanding strategic bidding in multi‐unit auctions: a case study of the Texas electricity spot market," RAND Journal of Economics, RAND Corporation, vol. 39(1), pages 86-114, March.
    30. Wolf-Peter Schill & Claudia Kemfert, 2009. "The Effect of Market Power on Electricity Storage Utilization: The Case of Pumped Hydro Storage in Germany," Discussion Papers of DIW Berlin 947, DIW Berlin, German Institute for Economic Research.
    31. Linn, Joshua & Muehlenbachs, Lucija, 2018. "The heterogeneous impacts of low natural gas prices on consumers and the environment," Journal of Environmental Economics and Management, Elsevier, vol. 89(C), pages 1-28.
    32. Russell Pittman & Vanessa Yanhua Zhang, 2010. "Electricity Restructuring In China: How Competitive Will Generation Markets Be?," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 55(02), pages 377-400.
    33. de Bragança, Gabriel Godofredo Fiuza & Daglish, Toby, 2017. "Investing in vertical integration: electricity retail market participation," Energy Economics, Elsevier, vol. 67(C), pages 355-365.
    34. Sam Aflaki & Serguei Netessine, 2017. "Strategic Investment in Renewable Energy Sources: The Effect of Supply Intermittency," Manufacturing & Service Operations Management, INFORMS, vol. 19(3), pages 489-507, July.
    35. David P. Brown & Andrew Eckert, 2022. "Pricing Patterns in Wholesale Electricity Markets: Unilateral Market Power or Coordinated Behavior?," Journal of Industrial Economics, Wiley Blackwell, vol. 70(1), pages 168-216, March.
    36. Silvia Concettini & Anna Creti, 2013. "Liberalization of electricity retailing in Europe: coming back or going forth?," Working Papers hal-00915924, HAL.
    37. Thure Traber & Claudia Kemfert, 2009. "Refunding ETS-Proceeds to Spur the Diffusion of Renewable Energies: An Analysis Based on the Dynamic Oligopolistic Electricity Market Model EMELIE," Discussion Papers of DIW Berlin 951, DIW Berlin, German Institute for Economic Research.
    38. Klumpp, Tilman & Su, Xuejuan, 2013. "Strategic Investments under Open Access: Theory and Evidence," Working Papers 2013-2, University of Alberta, Department of Economics.
    39. David P. Brown and Andrew Eckert, 2020. "Imperfect Competition in Electricity Markets with Renewable Generation: The Role of Renewable Compensation Policies," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4), pages 61-88.
    40. Pio Baake & Sebastian Schwenen & Christian von Hirschhausen, 2020. "Local Power Markets," Discussion Papers of DIW Berlin 1904, DIW Berlin, German Institute for Economic Research.
    41. Steve Cicala, 2017. "Imperfect Markets versus Imperfect Regulation in U.S. Electricity Generation," NBER Working Papers 23053, National Bureau of Economic Research, Inc.
    42. Federico Boffa & Viswanath Pingali & Davide Vannoni, 2009. "Increasing Market Interconnection: An analysis of the Italian Electricity Spot Market," Working papers 04, Former Department of Economics and Public Finance "G. Prato", University of Torino.
    43. Meunier, Guy, 2010. "Capacity choice, technology mix and market power," Energy Economics, Elsevier, vol. 32(6), pages 1306-1315, November.
    44. Daniel Hach & Stefan Spinler, 2018. "Robustness of capacity markets: a stochastic dynamic capacity investment model," OR Spectrum: Quantitative Approaches in Management, Springer;Gesellschaft für Operations Research e.V., vol. 40(2), pages 517-540, March.
    45. Linn, Joshua & Mastrangelo, Erin & Burtraw, Dallas, 2013. "Regulating Greenhouse Gases from Coal Power Plants under the Clean Air Act," RFF Working Paper Series dp-13-05, Resources for the Future.
    46. Milstein, Irena & Tishler, Asher, 2015. "Can price volatility enhance market power? The case of renewable technologies in competitive electricity markets," Resource and Energy Economics, Elsevier, vol. 41(C), pages 70-90.
    47. Huang, Yongxi & Chen, Yihsu, 2014. "Analysis of an imperfectly competitive cellulosic biofuel supply chain," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 72(C), pages 1-14.
    48. Mary F. Evans & Scott M. Gilpatric & Jay P. Shimshack, 2015. "Enforcement spillovers: Lessons from strategic interactions in regulation and product markets," Working Papers 2015-08, University of Tennessee, Department of Economics.
    49. Hunt Allcott, 2012. "The Smart Grid, Entry, and Imperfect Competition in Electricity Markets," NBER Working Papers 18071, National Bureau of Economic Research, Inc.
    50. Pizarro-Irizar, Cristina, 2023. "Is it all about supply? Demand-side effects on the Spanish electricity market following Covid-19 lockdown policies," Utilities Policy, Elsevier, vol. 80(C).
    51. David P. Brown & David E. M. Sappington, 2017. "Designing Compensation for Distributed Solar Generation: Is Net Metering Ever Optimal?," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3).
    52. Russell Pittman & Vanessa Yanhua Zhang, 2008. "Electricity Restructuring in China: The Elusive Quest for Competition," EAG Discussions Papers 200805, Department of Justice, Antitrust Division.
    53. Hortay, Olivér & Víg, Attila A., 2020. "Potential effects of market power in Hungarian solar boom," Energy, Elsevier, vol. 213(C).
    54. Juan-Pablo Montero & Matti Liski, 2008. "Forward Trading in Exhaustible-Resource Oligopoly," Documentos de Trabajo 341, Instituto de Economia. Pontificia Universidad Católica de Chile..
    55. Bejarano Hernan D. & Clifner Lance & Johnston Carl & Rassenti Stephen & Smith Vernon L., 2012. "Resource Adequacy: Should Regulators Worry?," Review of Network Economics, De Gruyter, vol. 11(4), pages 1-35, December.
    56. Remco van Eijkel & Jose Luis Moraga, 2010. "Do Firms sell forward for Strategic Reasons? An Application to the Wholesale Market for Natural Gas," Tinbergen Institute Discussion Papers 10-058/1, Tinbergen Institute.
    57. van Eijkel, Remco & Moraga-González, Jose L., 2010. "Do firms sell forward for strategic reasons? An application to the wholesale market for natural gas," IESE Research Papers D/864, IESE Business School.
    58. Brown, David P. & Eckert, Andrew, 2016. "Analyzing the Impact of Electricity Market Structure Changes and Mergers: The Importance of Forward Commitments," Working Papers 2016-8, University of Alberta, Department of Economics.
    59. David P. Brown & Derek E. H. Olmstead, 2017. "Measuring market power and the efficiency of Alberta's restructured electricity market: An energy-only market design," Canadian Journal of Economics, Canadian Economics Association, vol. 50(3), pages 838-870, August.
    60. Brown, David P. & Sappington, David E. M., 2022. "The Impact of Wholesale Price Caps on Forward Contracting," Working Papers 2022-12, University of Alberta, Department of Economics.
    61. Baldursson , Fridrik M. & von der Fehr, Nils-Henrik, 2007. "Vertical Integration and Long-Term Contracts in Risky Markets," Memorandum 01/2007, Oslo University, Department of Economics.
    62. Anna Créti & Jérôme Pouyet & Maria Eugénia Sanin, 2013. "The NOME law: implications for the French electricity market," PSE - Labex "OSE-Ouvrir la Science Economique" hal-00813240, HAL.
    63. Lewis Evans & Seamus Hogan & Peter Jackson, 2012. "A critique of Wolak's evaluation of the NZ electricity market: Introduction and overview," New Zealand Economic Papers, Taylor & Francis Journals, vol. 46(1), pages 1-10, November.
    64. Anderson, Edward & Holmberg, Pär, 2018. "Price instability in multi-unit auctions," Journal of Economic Theory, Elsevier, vol. 175(C), pages 318-341.
    65. Roland Meyer, 2012. "Vertical Economies and the Costs of Separating Electricity Supply--A Review of Theoretical and Empirical Literature," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
    66. Stephen P. Ryan & Mar Reguant & Meredith Fowlie, 2011. "Pollution Permits and the Evolution of Market Structure," 2011 Meeting Papers 1440, Society for Economic Dynamics.
    67. David P. Brown & Andrew Eckert & Douglas Silveira, 2023. "Strategic interaction between wholesale and ancillary service markets," Competition and Regulation in Network Industries, , vol. 24(4), pages 174-198, December.
    68. Holmberg, Pär & Newbery, David, 2009. "The Supply Function Equilibrium and Its Policy Implications for Wholesale Electricity Auctions," Working Paper Series 812, Research Institute of Industrial Economics.
    69. LaRiviere, Jacob & Lyu, Xueying, 2022. "Transmission constraints, intermittent renewables and welfare," Journal of Environmental Economics and Management, Elsevier, vol. 112(C).
    70. Mark A. Jamison, 2011. "Liberalization and Regulation of Telecoms, Electricity, and Gas in the United States," Chapters, in: Matthias Finger & Rolf W. Künneke (ed.), International Handbook of Network Industries, chapter 21, Edward Elgar Publishing.
    71. Veronika Grimm & Gregor Zoettl, 2013. "Investment Incentives and Electricity Spot Market Competition," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 22(4), pages 832-851, December.
    72. Boroumand, Raphaël-Homayoun & Goutte, Stéphane & Guesmi, Khaled & Porcher, Thomas, 2019. "Potential benefits of optimal intra-day electricity hedging for the environment: The perspective of electricity retailers," Energy Policy, Elsevier, vol. 132(C), pages 1120-1129.
    73. Trüby, Johannes, 2013. "Strategic behaviour in international metallurgical coal markets," Energy Economics, Elsevier, vol. 36(C), pages 147-157.
    74. Thure Traber & Claudia Kemfert, 2009. "Gone with the Wind?: Electricity Market Prices and Incentives to Invest in Thermal Power Plants under Increasing Wind Energy Supply," Discussion Papers of DIW Berlin 852, DIW Berlin, German Institute for Economic Research.
    75. Lundin, Erik, 2016. "Market Power and Joint Ownership: Evidence from Nuclear Plants in Sweden," Working Paper Series 1113, Research Institute of Industrial Economics, revised 04 Nov 2019.
    76. Heikki Peura & Derek W. Bunn, 2021. "Renewable Power and Electricity Prices: The Impact of Forward Markets," Management Science, INFORMS, vol. 67(8), pages 4772-4788, August.
    77. Jacqueline Adelowo & Moritz Bohland, 2023. "It’s in the Data – Improved Market Power Mitigation in Electricity Markets," EconPol Forum, CESifo, vol. 24(05), pages 46-51, September.
    78. Stephen Poletti & Julian Wright, 2020. "Real‐Time Pricing and Imperfect Competition in Electricity Markets," Journal of Industrial Economics, Wiley Blackwell, vol. 68(1), pages 93-135, March.
    79. Nancy L. Rose, 2014. "Learning from the Past: Insights for the Regulation of Economic Activity," NBER Chapters, in: Economic Regulation and Its Reform: What Have We Learned?, pages 1-23, National Bureau of Economic Research, Inc.
    80. Meredith Fowlie & Mar Reguant & Stephen P. Ryan, 2016. "Market-Based Emissions Regulation and Industry Dynamics," Journal of Political Economy, University of Chicago Press, vol. 124(1), pages 249-302.
    81. Argenton, Cédric & Willems, Bert, 2015. "Exclusion through speculation," International Journal of Industrial Organization, Elsevier, vol. 39(C), pages 1-9.
    82. Tarufelli, Brittany L., 2021. "Strategic Behavior and Market Design in Regional Climate Policy," SocArXiv x96ge, Center for Open Science.
    83. Ahlqvist, V. & Holmberg, P & Tangeras, T., 2019. "Central- versus Self-Dispatch in Electricity Markets," Cambridge Working Papers in Economics 1902, Faculty of Economics, University of Cambridge.
    84. Fabra, Natalia, 2021. "The energy transition: An industrial economics perspective," International Journal of Industrial Organization, Elsevier, vol. 79(C).
    85. Augusto Rupérez Micola & Albert Banal Estañol & Derek W. Bunn, 2006. "Incentives and Coordination in Vertically Related Energy Markets," CIG Working Papers SP II 2006-02, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    86. Willems, Bert & Yueting, Yu, 2023. "Bidding and Investment in Wholesale Electricity Markets: Discriminatory versus Uniform-Price Auctions," TSE Working Papers 23-1462, Toulouse School of Economics (TSE).
    87. Willems, Bert & Pollitt, Michael & von der Fehr, Nils-Henrik & Banet, Catherine, 2022. "The European Wholesale Electricty Market: From Crisis to Net Zero," Other publications TiSEM 2f225964-853e-4d30-a46d-0, Tilburg University, School of Economics and Management.
    88. Alex Dickson & Ian A. MacKenzie, 2016. "Strategic trade in pollution permits," Discussion Papers Series 554, School of Economics, University of Queensland, Australia.
    89. Giulietti, Monica & Grossi, Luigi & Waterson, Michael, 2010. "Price transmission in the UK electricity market: Was NETA beneficial?," Energy Economics, Elsevier, vol. 32(5), pages 1165-1174, September.
    90. Tanachai Limpaitoon, Yihsu Chen, and Shmuel S. Oren, 2014. "The Impact of Imperfect Competition in Emission Permits Trading on Oligopolistic Electricity Markets," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3).
    91. Raphaël Homayoun Boroumand & Georg Zachmann, 2015. "Risk hedging and competition : the case of electricity markets," EcoMod2015 8491, EcoMod.
    92. Perez, Alex & Garcia-Rendon, John J., 2021. "Integration of non-conventional renewable energy and spot price of electricity: A counterfactual analysis for Colombia," Renewable Energy, Elsevier, vol. 167(C), pages 146-161.
    93. Kwoka, J. & Ozturk, S. & Pollitt, M.G., 2008. "Divestiture Policy and Operating Efficiency in U.S. Electric Power Distribution," Cambridge Working Papers in Economics 0835, Faculty of Economics, University of Cambridge.
    94. Amorim, F. & Vasconcelos, J. & Abreu, I.C. & Silva, P.P. & Martins, V., 2013. "How much room for a competitive electricity generation market in Portugal?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 18(C), pages 103-118.
    95. Rubin, Ofir & Babcock, Bruce A., 2013. "The Impact of Expansion of Wind Power Capacity and Pricing Methods on the Efficiency of Deregulated Electricity Markets," Staff General Research Papers Archive 37410, Iowa State University, Department of Economics.
    96. Erin T. Mansur, 2008. "Measuring Welfare in Restructured Electricity Markets," The Review of Economics and Statistics, MIT Press, vol. 90(2), pages 369-386, May.
    97. Brown, David P. & Eckert, Andrew & Olmstead, Derek E.H., 2022. "Procurement auctions for regulated retail service contracts in restructured electricity markets," Energy Economics, Elsevier, vol. 116(C).
    98. Simshauser, Paul, 2018. "On intermittent renewable generation & the stability of Australia's National Electricity Market," Energy Economics, Elsevier, vol. 72(C), pages 1-19.
    99. Creti, Anna & Pouyet, Jérôme & Sanin, Maria-Eugenia, 2011. "The Law NOME: Some Implications for the French Electricity Markets," CEPREMAP Working Papers (Docweb) 1102, CEPREMAP.
    100. David Benatia, 2022. "Ring the alarm! Electricity markets, renewables, and the pandemic," Post-Print hal-03523180, HAL.
    101. Wang, Chang & Guo, Yue & Yang, Yu & Chen, Shiyi, 2022. "The environmental benefits of electricity industry restructuring in China: Ownership mixing vs. vertical unbundling," Energy Economics, Elsevier, vol. 115(C).
    102. Van Moer, Geert, 2019. "Electricity market competition when forward contracts are pairwise efficient," MPRA Paper 96660, University Library of Munich, Germany.
    103. Mar Reguant, 2014. "Complementary Bidding Mechanisms and Startup Costs in Electricity Markets," CESifo Working Paper Series 4811, CESifo.
    104. Zhao, Xiaoli & Sun, Chuyu & Zhong, Zewei & Liu, Suwei & Yang, Zili, 2023. "Effect of market structure on renewable energy Development—A simulation study of a regional electricity market in China," Renewable Energy, Elsevier, vol. 215(C).
    105. Hecking, Harald & Panke, Timo, 2014. "Quantity-setting Oligopolies in Complementary Input Markets - the Case of Iron Ore and Coking Coal," EWI Working Papers 2014-6, Energiewirtschaftliches Institut an der Universitaet zu Koeln (EWI).
    106. Liski, M. & Vehviläinen, I., 2017. "Gone with the wind? An empirical analysis of the renewable energy rent transfer," Cambridge Working Papers in Economics 1701, Faculty of Economics, University of Cambridge.
    107. Bosco, Bruno & Parisio, Lucia & Pelagatti, Matteo, 2012. "Strategic bidding in vertically integrated power markets with an application to the Italian electricity auctions," Energy Economics, Elsevier, vol. 34(6), pages 2046-2057.
    108. Dressler, Luisa, 2016. "Support schemes for renewable electricity in the European Union: Producer strategies and competition," Energy Economics, Elsevier, vol. 60(C), pages 186-196.
    109. Brown, David P. & Sappington, David E.M., 2020. "Load-Following Forward Contracts," Working Papers 2020-14, University of Alberta, Department of Economics, revised 31 Dec 2021.
    110. Martin O'Connell & Kate Smith, 2021. "Optimal sin taxation and market power," IFS Working Papers W21/30, Institute for Fiscal Studies.
    111. Severin Borenstein & James Bushnell, 2015. "The US Electricity Industry After 20 Years of Restructuring," Annual Review of Economics, Annual Reviews, vol. 7(1), pages 437-463, August.
    112. Lucas W. Davis & Catherine Wolfram, 2011. "Deregulation, Consolidation, and Efficiency: Evidence from U.S. Nuclear Power," NBER Working Papers 17341, National Bureau of Economic Research, Inc.
    113. Productivity Commission, 2007. "Potential Benefits of the National Reform Agenda," Research Papers 0701, Productivity Commission, Government of Australia.
    114. Yuanjing LI, 2013. "Vertical Structure and Forward Contract in Electricity Markets," Working Papers 2013-18, Department of Research, Ipag Business School.
    115. Gautam Gowrisankaran & Stanley S. Reynolds & Mario Samano, 2016. "Intermittency and the Value of Renewable Energy," Journal of Political Economy, University of Chicago Press, vol. 124(4), pages 1187-1234.
    116. Mar Reguant, 2018. "The Efficiency and Sectoral Distributional Implications of Large-Scale Renewable Policies," NBER Working Papers 24398, National Bureau of Economic Research, Inc.
    117. Young David, 2010. "Endogenous Investment and Pricing under Uncertainty," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 10(1), pages 1-29, January.
    118. Lanz, Bruno & Rausch, Sebastian, 2012. "Cap-and-Trade Climate Policies with Price-Regulated Firms: How Costly Are Free Allowances?," Conference papers 332267, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    119. Csereklyei, Zsuzsanna & Kallies, Anne, 2022. "A legal-economic framework of electricity markets: Assessing Australia’s transition," MPRA Paper 114191, University Library of Munich, Germany.
    120. Browne, Oliver & Poletti, Stephen & Young, David, 2015. "How does market power affect the impact of large scale wind investment in 'energy only' wholesale electricity markets?," Energy Policy, Elsevier, vol. 87(C), pages 17-27.
    121. Ali Hortaçsu & Fernando Luco & Steven L. Puller & Dongni Zhu, 2017. "Does Strategic Ability Affect Efficiency? Evidence from Electricity Markets," NBER Working Papers 23526, National Bureau of Economic Research, Inc.
    122. Jacqueline Adelowo & Moritz Bohland, 2022. "Redesigning Automated Market Power Mitigation in Electricity Markets," ifo Working Paper Series 387, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    123. Fang, Xichen & Guo, Hongye & Zhang, Da & Chen, Qixin, 2021. "Cost recovery and investment barriers for renewables under market manipulation of thermal collusion," Applied Energy, Elsevier, vol. 285(C).
    124. Daglish, Toby, 2015. "Consumer Governance in Electricity Markets," Working Paper Series 19259, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
    125. Yusuke Ikuta & Takashi Yanagawa, 2023. "Ownership structure of nuclear power plants for fair competition and efficiency: private low-cost access versus public ownership," International Journal of Economic Policy Studies, Springer, vol. 17(1), pages 307-330, February.
    126. Burger, Scott & Chaves-Ávila, Jose Pablo & Batlle, Carlos & Pérez-Arriaga, Ignacio J., 2017. "A review of the value of aggregators in electricity systems," Renewable and Sustainable Energy Reviews, Elsevier, vol. 77(C), pages 395-405.
    127. Spindler, Christian & Woll, Oliver & Schober, Dominik, 2018. "Sharing is not caring: Backward integration of consumers," ZEW Discussion Papers 18-006, ZEW - Leibniz Centre for European Economic Research.
    128. Meredith Fowlie, 2008. "Incomplete Environmental Regulation, Imperfect Competition, and Emissions Leakage," NBER Working Papers 14421, National Bureau of Economic Research, Inc.
    129. Yuanjing Li, 2014. "Vertical Structure and Forward Contract in Electricity Market," Working Papers 2014-117, Department of Research, Ipag Business School.
    130. Serra, Pablo, 2013. "Contract market power and its impact on the efficiency of the electricity sector," Energy Policy, Elsevier, vol. 61(C), pages 653-662.
    131. Schill, Wolf-Peter, 2011. "Electric Vehicles in Imperfect Electricity Markets: The case of Germany," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 39(10), pages 6178-6189.
    132. Brown, David P. & Eckert, Andrew & Silveira, Douglas, 2023. "Screening for Collusion in Wholesale Electricity Markets: A Review of the Literature," Working Papers 2023-7, University of Alberta, Department of Economics.
    133. Tangerås, Thomas & Wolak, Frank A., 2017. "The Competitive Effects of Linking Electricity Markets Across Space and Time," Working Paper Series 1184, Research Institute of Industrial Economics.
    134. Meade, Richard & O'Connor, R. Seini, 2009. "Comparison of Long-Term Contracts and Vertical Integration in Decentralised Electricity Markets," Working Paper Series 19125, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
    135. Robert A. Ritz, 2016. "How does renewables competition affect forward contracting in electricity markets?," Working Papers EPRG 1610, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    136. Lundin, Erik & Tangerås, Thomas P., 2020. "Cournot competition in wholesale electricity markets: The Nordic power exchange, Nord Pool," International Journal of Industrial Organization, Elsevier, vol. 68(C).
    137. Robert A. Ritz, 2014. "On Welfare Losses Due to Imperfect Competition," Journal of Industrial Economics, Wiley Blackwell, vol. 62(1), pages 167-190, March.
    138. R. Andrew Butters & Daniel F. Spulber, 2020. "The Extent Of The Market And Integration Through Factor Markets: Evidence From Wholesale Electricity," Economic Inquiry, Western Economic Association International, vol. 58(3), pages 1076-1108, July.
    139. Natalia Fabra & Mar Reguant, 2013. "Pass-through of Emissions Costs in Electricity Markets," NBER Working Papers 19613, National Bureau of Economic Research, Inc.
    140. Fridolfsson, Sven-Olof & Tangerås, Thomas P., 2009. "Market power in the Nordic electricity wholesale market: A survey of the empirical evidence," Energy Policy, Elsevier, vol. 37(9), pages 3681-3692, September.
    141. de Frutos, María-Ángeles & Fabra, Natalia, 2012. "How to allocate forward contracts: The case of electricity markets," European Economic Review, Elsevier, vol. 56(3), pages 451-469.
    142. Majah-Leah V. Ravago, 2023. "The Nature and Causes of High Philippine Electricity Price and Potential Remedies," Department of Economics, Ateneo de Manila University, Working Paper Series 202301, Department of Economics, Ateneo de Manila University.
    143. Bohland, Moritz & Schwenen, Sebastian, 2022. "Renewable support and strategic pricing in electricity markets," International Journal of Industrial Organization, Elsevier, vol. 80(C).
    144. José Luis Ferreira & Praveen Kujal & Stephen Rassenti, 2016. "Multiple Openings and Competitiveness of Forward Markets: Experimental Evidence," PLOS ONE, Public Library of Science, vol. 11(7), pages 1-16, July.
    145. Fabra, Natalia & de Frutos, Maria-Angeles, 2008. "On the Impact of Forward Contract Obligations in Multi-Unit Auctions," CEPR Discussion Papers 6756, C.E.P.R. Discussion Papers.
    146. Talat S. Genc & Stanley S. Reynolds, 2017. "Who Should Own a Renewable Technology? Ownership Theory and an Application," Working Papers 1703, University of Guelph, Department of Economics and Finance.
    147. Chang, Youngho & Park, Cheolbeom, 2007. "Electricity market structure, electricity price, and its volatility," Economics Letters, Elsevier, vol. 95(2), pages 192-197, May.
    148. Tangerås, Thomas, 2020. "Competition for Flexible Distribution Resources in a ’Smart’ Electricity Distribution Network," Working Paper Series 1351, Research Institute of Industrial Economics.
    149. Nicholas Ryan, 2017. "The Competitive Effects of Transmission Infrastructure in the Indian Electricity Market," NBER Working Papers 23106, National Bureau of Economic Research, Inc.
    150. Ling Huang & Yishu Zhou, 2019. "Carbon Prices and Fuel Switching: A Quasi-experiment in Electricity Markets," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 74(1), pages 53-98, September.
    151. Thure Traber & Claudia Kemfert, 2012. "German Nuclear Phase-out Policy: Effects on European Electricity Wholesale Prices, Emission Prices, Conventional Power Plant Investments and Eletricity Trade," Discussion Papers of DIW Berlin 1219, DIW Berlin, German Institute for Economic Research.
    152. Horn, Henrik & Tangerås, Thomas, 2021. "National Transmission System Operators in an International Electricity Market," Working Paper Series 1394, Research Institute of Industrial Economics.
    153. Majah-Leah V. Ravago & Karl Robert L. Jandoc & Miah Maye Pormon, 2023. "Reliability and Forced Outages: Survival Analysis with Recurrent Events," Department of Economics, Ateneo de Manila University, Working Paper Series 202303, Department of Economics, Ateneo de Manila University.
    154. Shan, Rui & Abdulla, Ahmed & Li, Mingquan, 2021. "Deleterious effects of strategic, profit-seeking energy storage operation on electric power system costs," Applied Energy, Elsevier, vol. 292(C).
    155. Guo, Hongye & Chen, Qixin & Zhang, Yan & Liu, Kai & Xia, Qing & Kang, Chongqing, 2020. "Constraining the oligopoly manipulation in electricity market: A vertical integration perspective," Energy, Elsevier, vol. 194(C).
    156. Waite, Michael & Modi, Vijay, 2016. "Modeling wind power curtailment with increased capacity in a regional electricity grid supplying a dense urban demand," Applied Energy, Elsevier, vol. 183(C), pages 299-317.
    157. John J. García Rendón & Alex F. Pérez-Libreros, 2019. "El precio spot de la electricidad y la inclusión de energía renovable no convencional: evidencia para Colombia," Documentos de Trabajo de Valor Público 17393, Universidad EAFIT.
    158. Christian Redl & Derek Bunn, 2013. "Determinants of the premium in forward contracts," Journal of Regulatory Economics, Springer, vol. 43(1), pages 90-111, January.
    159. Juha Teirilä & Robert A. Ritz, 2018. "Strategic behaviour in a capacity market? The new Irish electricity market design," Working Papers EPRG 1833, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    160. Kenneth Hendricks & R. Preston Mcafee, 2010. "A Theory Of Bilateral Oligopoly," Economic Inquiry, Western Economic Association International, vol. 48(2), pages 391-414, April.
    161. Guo, Zhaomiao & Fan, Yueyue, 2017. "A Stochastic Multi-Agent Optimization Model for Energy Infrastructure Planning Under Uncertainty and Competition," Institute of Transportation Studies, Working Paper Series qt89s5s8hn, Institute of Transportation Studies, UC Davis.
    162. Gersema, Gerke & Wozabal, David, 2017. "An equilibrium pricing model for wind power futures," Energy Economics, Elsevier, vol. 65(C), pages 64-74.
    163. Owen, Anthony D., 2009. "The inquiry into electricity supply in New South Wales," Energy Policy, Elsevier, vol. 37(2), pages 570-576, February.
    164. Brown, David P. & Eckert, Andrew & Eckert, Heather, 2017. "Carbon Pricing with an Output Subsidy under Imperfect Competition: The Case of Alberta's Restructured Electricity Market," Working Papers 2017-1, University of Alberta, Department of Economics.
    165. Linn, Joshua & Shih, Jhih-Shyang, 2019. "Do lower electricity storage costs reduce greenhouse gas emissions?," Journal of Environmental Economics and Management, Elsevier, vol. 96(C), pages 130-158.
    166. Poletti, Steve, 2009. "Government procurement of peak capacity in the New Zealand electricity market," Energy Policy, Elsevier, vol. 37(9), pages 3409-3417, September.
    167. Lorenczik, Stefan & Panke, Timo, 2016. "Assessing market structures in resource markets — An empirical analysis of the market for metallurgical coal using various equilibrium models," Energy Economics, Elsevier, vol. 59(C), pages 179-187.
    168. Zhou, Yishu & Huang, Ling, 2021. "How regional policies reduce carbon emissions in electricity markets: Fuel switching or emission leakage," Energy Economics, Elsevier, vol. 97(C).
    169. Paul Simshauser, 2020. "Merchant utilities and boundaries of the firm: vertical integration in energy-only markets," Working Papers EPRG2008, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    170. Joseph A. Cullen & Erin T. Mansur, 2017. "Inferring Carbon Abatement Costs in Electricity Markets: A Revealed Preference Approach Using the Shale Revolution," American Economic Journal: Economic Policy, American Economic Association, vol. 9(3), pages 106-133, August.
    171. Simshauser, Paul, 2010. "Vertical integration, credit ratings and retail price settings in energy-only markets: Navigating the Resource Adequacy problem," Energy Policy, Elsevier, vol. 38(11), pages 7427-7441, November.
    172. Bunn, Derek & Koc, Veli & Sapio, Alessandro, 2015. "Resource externalities and the persistence of heterogeneous pricing behavior in an energy commodity market," Energy Economics, Elsevier, vol. 48(C), pages 265-275.
    173. Milstein, Irena & Tishler, Asher, 2011. "Intermittently renewable energy, optimal capacity mix and prices in a deregulated electricity market," Energy Policy, Elsevier, vol. 39(7), pages 3922-3927, July.
    174. Su, Xuejuan, 2012. "Have Customers Benefited from Electricity Retail Competition?," Working Papers 2012-21, University of Alberta, Department of Economics, revised 01 Oct 2014.
    175. de Nooij, Michiel & Baarsma, Barbara, 2009. "Divorce comes at a price: An ex ante welfare analysis of ownership unbundling of the distribution and commercial companies in the Dutch energy sector," Energy Policy, Elsevier, vol. 37(12), pages 5449-5458, December.
    176. Zhaomiao Guo & Yueyue Fan, 2017. "A Stochastic Multi-agent Optimization Model for Energy Infrastructure Planning under Uncertainty in An Oligopolistic Market," Networks and Spatial Economics, Springer, vol. 17(2), pages 581-609, June.
    177. Wolak, Frank A., 2010. "Using restructured electricity supply industries to understand oligopoly industry outcomes," Utilities Policy, Elsevier, vol. 18(4), pages 227-246, December.
    178. Szőke, Tamás & Hortay, Olivér & Balogh, Eszter, 2019. "Asymmetric price transmission in the Hungarian retail electricity market," Energy Policy, Elsevier, vol. 133(C).
    179. Brown, David P. & Eckert, Andrew & Shaffer, Blake, 2023. "Evaluating the impact of divestitures on competition: Evidence from Alberta’s wholesale electricity market," International Journal of Industrial Organization, Elsevier, vol. 89(C).
    180. Daglish, Toby, 2016. "Consumer governance in electricity markets," Energy Economics, Elsevier, vol. 56(C), pages 326-337.
    181. Hill, Alexander, 2021. "Excessive entry and investment in deregulated markets: Evidence from the electricity sector," Journal of Environmental Economics and Management, Elsevier, vol. 110(C).
    182. Devine, Mel T. & Siddiqui, Sauleh, 2023. "Strategic investment decisions in an oligopoly with a competitive fringe: An equilibrium problem with equilibrium constraints approach," European Journal of Operational Research, Elsevier, vol. 306(3), pages 1473-1494.
    183. Desmond Cai & Anish Agarwal & Adam Wierman, 2020. "On the Inefficiency of Forward Markets in Leader–Follower Competition," Operations Research, INFORMS, vol. 68(1), pages 35-52, January.
    184. Ziga Zarnic, 2010. "From Liberalization Towards Integration: Have Markups of EU Electricity Firms Changed?," LICOS Discussion Papers 26110, LICOS - Centre for Institutions and Economic Performance, KU Leuven.
    185. Simshauser, Paul & Tian, Yuan & Whish-Wilson, Patrick, 2015. "Vertical integration in energy-only electricity markets," Economic Analysis and Policy, Elsevier, vol. 48(C), pages 35-56.
    186. Nathan H. Miller & Joseph U. Podwol, 2020. "Forward Contracts, Market Structure and the Welfare Effects of Mergers," Journal of Industrial Economics, Wiley Blackwell, vol. 68(2), pages 364-407, June.
    187. Yihsu Chen & Lizhi Wang, 2013. "Renewable Portfolio Standards in the Presence of Green Consumers and Emissions Trading," Networks and Spatial Economics, Springer, vol. 13(2), pages 149-181, June.
    188. Leslie, Gordon, 2018. "Tax induced emissions? Estimating short-run emission impacts from carbon taxation under different market structures," Journal of Public Economics, Elsevier, vol. 167(C), pages 220-239.
    189. Lanz, Bruno & Rausch, Sebastian, 2011. "General equilibrium, electricity generation technologies and the cost of carbon abatement: A structural sensitivity analysis," Energy Economics, Elsevier, vol. 33(5), pages 1035-1047, September.
    190. Boom, Anette, 2009. "Vertically integrated firms' investments in electricity generating capacities," International Journal of Industrial Organization, Elsevier, vol. 27(4), pages 544-551, July.
    191. Helgesen, Per Ivar & Tomasgard, Asgeir, 2018. "An equilibrium market power model for power markets and tradable green certificates, including Kirchhoff's Laws and Nash-Cournot competition," Energy Economics, Elsevier, vol. 70(C), pages 270-288.
    192. David P. Brown & David E. M. Sappington, 2022. "Vertical integration and capacity investment in the electricity sector," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 31(1), pages 193-226, February.
    193. Christian Winzer, 2013. "Robustness of Various Capacity Mechanisms to Regulatory Errors Abstract: In the EU, several governments have introduced or are contemplating a capacity mechanism to ensure adequate investment in gener," Cambridge Working Papers in Economics 1338, Faculty of Economics, University of Cambridge.
    194. Weigt, Hannes, 2009. "A Review of Liberalization and Modeling of Electricity Markets," MPRA Paper 65651, University Library of Munich, Germany.
    195. Berk, Istemi & Çam, Eren, 2020. "The shift in global crude oil market structure: A model-based analysis of the period 2013–2017," Energy Policy, Elsevier, vol. 142(C).
    196. Fernández, Mauricio & Muñoz, Francisco D. & Moreno, Rodrigo, 2020. "Analysis of imperfect competition in natural gas supply contracts for electric power generation: A closed-loop approach," Energy Economics, Elsevier, vol. 87(C).
    197. Mulder, Machiel & Petrikaitė, Vaiva & Scholtens, Bert, 2015. "Distributed energy generation techniques and the competitive fringe effect in electricity markets," Resource and Energy Economics, Elsevier, vol. 42(C), pages 125-140.
    198. Carlos Suarez, 2021. "Mixed Oligopoly and Market Power Mitigation: Evidence from the Colombian Wholesale Electricity Market," IREA Working Papers 202101, University of Barcelona, Research Institute of Applied Economics, revised Jan 2021.
    199. Eager,D. & Hobbs, B. & Bialek, J., 2012. "Dynamic Long-Term Modelling of Generation Capacity Investment and Capacity Margins: a GB Market Case Study," Cambridge Working Papers in Economics 1217, Faculty of Economics, University of Cambridge.
    200. Machiel Mulder & Gijsbert Zwart, 2006. "Government involvement in liberalised gas markets; a welfare-economic analysis of Dutch gas-depletion policy," CPB Document 110, CPB Netherlands Bureau for Economic Policy Analysis.
    201. Germeshausen, Robert, 2018. "The European Union emissions trading scheme and fuel efficiency of fossil fuel power plants in Germany," ZEW Discussion Papers 18-007, ZEW - Leibniz Centre for European Economic Research.
    202. Boroumand, Raphaël Homayoun, 2015. "Electricity markets and oligopolistic behaviors: The impact of a multimarket structure," Research in International Business and Finance, Elsevier, vol. 33(C), pages 319-333.
    203. Deane, Paul & FitzGerald, John & Malaguzzi Valeri, Laura & Tuohy, Aidan & Walsh, Darragh, 2013. "Irish and British Historical Electricity Prices and Implications for the Future," Papers WP452, Economic and Social Research Institute (ESRI).
    204. Simshauser, Paul, 2021. "Vertical integration, peaking plant commitments and the role of credit quality in energy-only markets," Energy Economics, Elsevier, vol. 104(C).
    205. Yihsu Chen & Jos Sijm & Benjamin Hobbs & Wietze Lise, 2008. "Implications of CO 2 emissions trading for short-run electricity market outcomes in northwest Europe," Journal of Regulatory Economics, Springer, vol. 34(3), pages 251-281, December.
    206. Guy Meunier, 2011. "Imperfect Competition and Long-term Contracts in Electricity Markets: Some Lessons from Theoretical Models," Chapters, in: Jean-Michel Glachant & Dominique Finon & Adrien de Hauteclocque (ed.), Competition, Contracts and Electricity Markets, chapter 6, Edward Elgar Publishing.
    207. Hesamzadeh, Mohammad R. & Biggar, Darryl R. & Hosseinzadeh, Nasser, 2011. "The TC-PSI indicator for forecasting the potential for market power in wholesale electricity markets," Energy Policy, Elsevier, vol. 39(10), pages 5988-5998, October.
    208. Bunn, Derek W. & Martoccia, Maria & Ochoa, Patricia & Kim, Haein & Ahn, Nam-Sung & Yoon, Yong-Beom, 2010. "Vertical integration and market power: A model-based analysis of restructuring in the Korean electricity market," Energy Policy, Elsevier, vol. 38(7), pages 3710-3716, July.
    209. Teirila, J., 2017. "Market Power in the Capacity Market? The Case of Ireland," Cambridge Working Papers in Economics 1727, Faculty of Economics, University of Cambridge.
    210. Berk, Istemi & Çam , Eren, 2019. "The Shift in Global Crude Oil Market Structure: A model-based analysis of the period 2013–2017," EWI Working Papers 2019-5, Energiewirtschaftliches Institut an der Universitaet zu Koeln (EWI).
    211. Matsukawa, Isamu, 2019. "Detecting collusion in retail electricity markets: Results from Japan for 2005 to 2010," Utilities Policy, Elsevier, vol. 57(C), pages 16-23.
    212. Tanaka, Makoto & Chen, Yihsu, 2012. "Market power in emissions trading: Strategically manipulating permit price through fringe firms," Applied Energy, Elsevier, vol. 96(C), pages 203-211.
    213. S. Wogrin & D. Tejada-Arango & S. Delikaraoglou & A. Lamadrid & A. Botterud, 2022. "The impact of convexity on expansion planning in low-carbon electricity markets," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 30(3), pages 574-593, October.
    214. Frederic Murphy & Yves Smeers, 2010. "On the Impact of Forward Markets on Investments in Oligopolistic Markets with Reference to Electricity," Operations Research, INFORMS, vol. 58(3), pages 515-528, June.
    215. Knittel, Christopher R. & Metaxoglou, Konstantinos & Trindade, André, 2019. "Environmental implications of market structure: Shale gas and electricity markets," International Journal of Industrial Organization, Elsevier, vol. 63(C), pages 511-550.

  24. Bushnell, James & Wolfram, Catherine, 2008. "Enforcement of Vintage Differentiated Regulations: The Case of New Source Review," Staff General Research Papers Archive 31185, Iowa State University, Department of Economics.

    Cited by:

    1. Heutel, Garth, 2011. "Plant vintages, grandfathering, and environmental policy," Journal of Environmental Economics and Management, Elsevier, vol. 61(1), pages 36-51, January.
    2. Linn, Joshua & Mastrangelo, Erin & Burtraw, Dallas, 2013. "Regulating Greenhouse Gases from Coal Power Plants under the Clean Air Act," RFF Working Paper Series dp-13-05, Resources for the Future.
    3. Steven Shavell, 2007. "On Optimal Legal Change, Past Behavior, and Grandfathering," NBER Working Papers 13563, National Bureau of Economic Research, Inc.
    4. David Popp & Richard G. Newell & Adam B. Jaffe, 2009. "Energy, the Environment, and Technological Change," NBER Working Papers 14832, National Bureau of Economic Research, Inc.
    5. Nathaniel O. Keohane & Erin T. Mansur & Andrey Voynov, 2009. "Averting Regulatory Enforcement: Evidence from New Source Review," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 18(1), pages 75-104, March.
    6. Ian Lange & Joshua Linn, 2008. "Bush v. Gore and the Effect of New Source Review on Power Plant Emissions," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 40(4), pages 571-591, August.

  25. James Bushnell & Carla Peterman & Catherine Wolfram, 2007. "Local Solutions to Global Problems: Policy Choice and Regulatory Jurisdiction," NBER Working Papers 13472, National Bureau of Economic Research, Inc.

    Cited by:

    1. Zachary A. Wendling & David C. Warren & Barry M. Rubin & Sanya Carley & Kenneth R. Richards, 2020. "A Scalable Energy–Economy Model for State-Level Policy Analysis Applied to a Demand-Side Management Program," Economic Development Quarterly, , vol. 34(4), pages 372-386, November.
    2. Sanya, Carley, 2010. "Decarbonization of the U.S. electricity sector: Are state energy policy portfolios the solution?," MPRA Paper 28256, University Library of Munich, Germany, revised 18 Jun 2010.
    3. Yin, Haitao & Powers, Nicholas, 2010. "Do state renewable portfolio standards promote in-state renewable generation[glottal stop]," Energy Policy, Elsevier, vol. 38(2), pages 1140-1149, February.

  26. Bushnell, James, 2007. "Oligopoly Equilibria in Electricity Contract Markets," Staff General Research Papers Archive 13135, Iowa State University, Department of Economics.

    Cited by:

    1. Brown, David P. & Sappington, David E. M., 2016. "Optimal Policies to Promote Efficient Distributed Generation of Electricity," Working Papers 2016-1, University of Alberta, Department of Economics.
    2. Weigt, H. & Willems, Bert, 2011. "The Effect of Divestitures in the German Electricity Market," Discussion Paper 2011-034, Tilburg University, Center for Economic Research.
    3. van Koten, Silvester & Ortmann, Andreas, 2013. "Structural versus behavioral remedies in the deregulation of electricity markets: An experimental investigation motivated by policy concerns," European Economic Review, Elsevier, vol. 64(C), pages 256-265.
    4. Brown, David P. & Eckert, Andrew, 2016. "Electricity Market Mergers with Endogenous Forward Contracting," Working Papers 2016-6, University of Alberta, Department of Economics.
    5. David P. Brown & David E. M. Sappington, 2023. "Employing gain-sharing regulation to promote forward contracting in the electricity sector," Journal of Regulatory Economics, Springer, vol. 63(1), pages 30-56, April.
    6. Fiuza de Bragança, Gabriel Godofredo & Daglish, Toby, 2016. "Can market power in the electricity spot market translate into market power in the hedge market?," Energy Economics, Elsevier, vol. 58(C), pages 11-26.
    7. Felix Höffler & Sebastian Kranz, 2011. "Using Forward Contracts to Reduce Regulatory Capture," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2011_09, Max Planck Institute for Research on Collective Goods.
    8. Stephen Hamilton & Philippe Bontems & Jason Lepore, 2015. "Oligopoly intermediation, relative rivalry and market conduct," Post-Print hal-01183029, HAL.
    9. Adrien de Hauteclocque & Jean-Michel Glachant, 2011. "Long-term Contracts and Competition Policy in European Energy Markets," Chapters, in: Jean-Michel Glachant & Dominique Finon & Adrien de Hauteclocque (ed.), Competition, Contracts and Electricity Markets, chapter 9, Edward Elgar Publishing.
    10. de Bragança, Gabriel Godofredo Fiuza & Daglish, Toby, 2017. "Investing in vertical integration: electricity retail market participation," Energy Economics, Elsevier, vol. 67(C), pages 355-365.
    11. Klumpp, Tilman & Su, Xuejuan, 2013. "Strategic Investments under Open Access: Theory and Evidence," Working Papers 2013-2, University of Alberta, Department of Economics.
    12. Semmler Willi & Di Bartolomeo Giovanni & Fard Behnaz Minooei & Braga Joao Paulo, 2022. "Limit Pricing and Entry Game of Renewable Energy Firms into the Energy Sector," wp.comunite 00158, Department of Communication, University of Teramo.
    13. Bushnell, James & Mansur, Erin T. & Saravia, Celeste, 2008. "Vertical Arrangements, Market Structure and Competition: An Analysis of Restructured U.S. Electricity Markets," Staff General Research Papers Archive 13130, Iowa State University, Department of Economics.
    14. Henry Thille & Sebastien Mitraille, 2022. "Advance sales and deterrence with heterogeneous firms," Working Papers 2201, University of Guelph, Department of Economics and Finance.
    15. David P. Brown & David E. M. Sappington, 2017. "Designing Compensation for Distributed Solar Generation: Is Net Metering Ever Optimal?," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3).
    16. van Eijkel, Remco & Moraga-González, Jose L., 2010. "Do firms sell forward for strategic reasons? An application to the wholesale market for natural gas," IESE Research Papers D/864, IESE Business School.
    17. Brown, David P. & Eckert, Andrew, 2016. "Analyzing the Impact of Electricity Market Structure Changes and Mergers: The Importance of Forward Commitments," Working Papers 2016-8, University of Alberta, Department of Economics.
    18. Baldursson , Fridrik M. & von der Fehr, Nils-Henrik, 2007. "Vertical Integration and Long-Term Contracts in Risky Markets," Memorandum 01/2007, Oslo University, Department of Economics.
    19. Abate, Arega Getaneh & Riccardi, Rossana & Ruiz, Carlos, 2022. "Contract design in electricity markets with high penetration of renewables: A two-stage approach," Omega, Elsevier, vol. 111(C).
    20. Federico, Giulio & Lopez, Angel L., 2009. "Divesting power," IESE Research Papers D/812, IESE Business School.
    21. Holmberg, Pär & Newbery, David, 2009. "The Supply Function Equilibrium and Its Policy Implications for Wholesale Electricity Auctions," Working Paper Series 812, Research Institute of Industrial Economics.
    22. Paulo Cesar Coutinho & Andre Rossi de Oliveira, 2013. "Trading Forward in the Brazilian Electricity Market," International Journal of Energy Economics and Policy, Econjournals, vol. 3(3), pages 272-287.
    23. David P. Brown & David E. M. Sappington, 2016. "On the optimal design of demand response policies," Journal of Regulatory Economics, Springer, vol. 49(3), pages 265-291, June.
    24. Heikki Peura & Derek W. Bunn, 2021. "Renewable Power and Electricity Prices: The Impact of Forward Markets," Management Science, INFORMS, vol. 67(8), pages 4772-4788, August.
    25. Augusto Rupérez-Micola & Albert Banal-Estañol, 2007. "Composition of electricity generation portfolios, pivotal dynamics and market prices," Economics Working Papers 1083, Department of Economics and Business, Universitat Pompeu Fabra.
    26. Makoto Tanaka and Yihsu Chen, 2012. "Emissions Trading in Forward and Spot Markets for Electricity," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2).
    27. Breitmoser, Yves, 2012. "Allaz-Vila competition with non-linear costs or demands," MPRA Paper 41772, University Library of Munich, Germany.
    28. Arega Getaneh Abate & Rossana Riccardi & Carlos Ruiz, 2022. "Contract design in electricity markets with high penetration of renewables: A two-stage approach," Papers 2201.09927, arXiv.org, revised Jun 2022.
    29. Jesús M. López-Lezama & David Tobón-Orozco & Esteban Velilla & Jorge Barrientos & Fernando Villada, 2018. "Long-term seasonal forwards in electricity generation markets: an application to Colombia," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, vol. 37(74), pages 314-287, July.
    30. Van Moer, Geert, 2019. "Electricity market competition when forward contracts are pairwise efficient," MPRA Paper 96660, University Library of Munich, Germany.
    31. Dressler, Luisa, 2016. "Support schemes for renewable electricity in the European Union: Producer strategies and competition," Energy Economics, Elsevier, vol. 60(C), pages 186-196.
    32. Schubert, Jens, 2015. "The impact of forward contracting on tacit collusion: Experimental evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 119(C), pages 109-123.
    33. Anette Boom & Stefan Buehler, 2020. "Vertical structure and the risk of rent extraction in the electricity industry," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 29(1), pages 210-237, January.
    34. Brown, David P. & Sappington, David E.M., 2020. "Load-Following Forward Contracts," Working Papers 2020-14, University of Alberta, Department of Economics, revised 31 Dec 2021.
    35. Jean-Michel Glachant & Adrien de Hauteclocque, 2009. "Long-term Energy Supply Contracts in European Competition Policy: Fuzzy not Crazy," EUI-RSCAS Working Papers 6, European University Institute (EUI), Robert Schuman Centre of Advanced Studies (RSCAS).
    36. Yucekaya, A., 2022. "Electricity trading for coal-fired power plants in Turkish power market considering uncertainty in spot, derivatives and bilateral contract market," Renewable and Sustainable Energy Reviews, Elsevier, vol. 159(C).
    37. Tsao, C.-C. & Campbell, J.E. & Chen, Yihsu, 2011. "When renewable portfolio standards meet cap-and-trade regulations in the electricity sector: Market interactions, profits implications, and policy redundancy," Energy Policy, Elsevier, vol. 39(7), pages 3966-3974, July.
    38. Oliveira, Fernando S. & Ruiz, Carlos & Conejo, Antonio J., 2013. "Contract design and supply chain coordination in the electricity industry," European Journal of Operational Research, Elsevier, vol. 227(3), pages 527-537.
    39. Meredith Fowlie, 2008. "Incomplete Environmental Regulation, Imperfect Competition, and Emissions Leakage," NBER Working Papers 14421, National Bureau of Economic Research, Inc.
    40. Gallego, Camilo A., 2022. "Intertemporal effects of imperfect competition through forward contracts in wholesale electricity markets," Energy Economics, Elsevier, vol. 107(C).
    41. Serra, Pablo, 2013. "Contract market power and its impact on the efficiency of the electricity sector," Energy Policy, Elsevier, vol. 61(C), pages 653-662.
    42. Meade, Richard & O'Connor, R. Seini, 2009. "Comparison of Long-Term Contracts and Vertical Integration in Decentralised Electricity Markets," Working Paper Series 19125, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
    43. Robert A. Ritz, 2016. "How does renewables competition affect forward contracting in electricity markets?," Working Papers EPRG 1610, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    44. de Frutos, María-Ángeles & Fabra, Natalia, 2012. "How to allocate forward contracts: The case of electricity markets," European Economic Review, Elsevier, vol. 56(3), pages 451-469.
    45. Fabra, Natalia & de Frutos, Maria-Angeles, 2008. "On the Impact of Forward Contract Obligations in Multi-Unit Auctions," CEPR Discussion Papers 6756, C.E.P.R. Discussion Papers.
    46. Paolo Falbo & Carlos Ruiz, 2021. "Joint optimization of sales-mix and generation plan for a large electricity producer," Papers 2110.02016, arXiv.org.
    47. di Cosmo, Valeria & Lynch, Muireann A., 2015. "Competition and the Single Electricity Market: Which Lessons for Ireland," Papers WP497, Economic and Social Research Institute (ESRI).
    48. Hwang, Won-Sik & Lee, Jeong-Dong, 2015. "A CGE analysis for quantitative evaluation of electricity market changes," Energy Policy, Elsevier, vol. 83(C), pages 69-81.
    49. Breitmoser, Yves, 2013. "Increasing marginal costs are strategically beneficial in forward trading," Economics Letters, Elsevier, vol. 119(2), pages 109-112.
    50. Federico, Giulio & López, Ángel L., 2013. "Optimal asset divestments with homogeneous products," International Journal of Industrial Organization, Elsevier, vol. 31(1), pages 12-25.
    51. Christian Redl & Derek Bunn, 2013. "Determinants of the premium in forward contracts," Journal of Regulatory Economics, Springer, vol. 43(1), pages 90-111, January.
    52. Edward J. Anderson & Andrew B. Philpott, 2019. "Forward Commodity Trading with Private Information," Operations Research, INFORMS, vol. 67(1), pages 58-71, January.
    53. Gersema, Gerke & Wozabal, David, 2017. "An equilibrium pricing model for wind power futures," Energy Economics, Elsevier, vol. 65(C), pages 64-74.
    54. Schubert, Jens, 2013. "The Impact of Forward Trading on Tacit Collusion: Experimental Evidence," MPRA Paper 43768, University Library of Munich, Germany.
    55. Walsh, Darragh & Malaguzzi Valeri, Laura, 2014. "Gaming in the Irish Single Electricity Market and Potential Effects on Wholesale Prices," Papers WP488, Economic and Social Research Institute (ESRI).
    56. Falbo, Paolo & Ruiz, Carlos, 2023. "Joint optimization of sales-mix and generation plan for a large electricity producer," Energy Economics, Elsevier, vol. 120(C).
    57. Daron Acemoglu, Ali Kakhbod, and Asuman Ozdaglar, 2017. "Competition in Electricity Markets with Renewable Energy Sources," The Energy Journal, International Association for Energy Economics, vol. 0(KAPSARC S).
    58. Su, Xuejuan, 2012. "Have Customers Benefited from Electricity Retail Competition?," Working Papers 2012-21, University of Alberta, Department of Economics, revised 01 Oct 2014.
    59. Adrien de Hauteclocque & Yannick Perez, 2011. "Law & Economics Perspectives on Electricity Regulation," RSCAS Working Papers 2011/21, European University Institute.
    60. Falbo, Paolo & Ruiz, Carlos, 2019. "Optimal sales-mix and generation plan in a two-stage electricity market," Energy Economics, Elsevier, vol. 78(C), pages 598-614.
    61. Nadia Chernenko, 2013. "Market power issues in the reformed Russian electricity supply industry," Cambridge Working Papers in Economics 1358, Faculty of Economics, University of Cambridge.
    62. Nathan H. Miller & Joseph U. Podwol, 2020. "Forward Contracts, Market Structure and the Welfare Effects of Mergers," Journal of Industrial Economics, Wiley Blackwell, vol. 68(2), pages 364-407, June.
    63. Elizabeth Armington & Eric Emch & Ken Heyer, 2006. "The Year in Review: Economics at the Antitrust Division, 2005–2006," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 29(4), pages 305-326, December.
    64. Dali Zhang & Huifu Xu & Yue Wu, 2010. "A two stage stochastic equilibrium model for electricity markets with two way contracts," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 71(1), pages 1-45, February.
    65. Walsh, Darragh & Malaguzzi Valeri, Laura & Di Cosmo, Valeria, 2016. "Strategic bidding, wind ownership and regulation in a decentralised electricity market," MPRA Paper 71502, University Library of Munich, Germany.
    66. David P. Brown & David E. M. Sappington, 2022. "Vertical integration and capacity investment in the electricity sector," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 31(1), pages 193-226, February.
    67. N. Gülpınar & F. Oliveira, 2014. "Analysis of relationship between forward and spot markets in oligopolies under demand and cost uncertainties," Computational Management Science, Springer, vol. 11(3), pages 267-283, July.
    68. Mulder, Machiel & Petrikaitė, Vaiva & Scholtens, Bert, 2015. "Distributed energy generation techniques and the competitive fringe effect in electricity markets," Resource and Energy Economics, Elsevier, vol. 42(C), pages 125-140.
    69. Hesamzadeh, Mohammad R. & Biggar, Darryl R. & Hosseinzadeh, Nasser, 2011. "The TC-PSI indicator for forecasting the potential for market power in wholesale electricity markets," Energy Policy, Elsevier, vol. 39(10), pages 5988-5998, October.
    70. Scholz, Sebastian, 2010. "Derivatives and Default Risk," Discussion Papers in Economics 11317, University of Munich, Department of Economics.
    71. Frederic Murphy & Yves Smeers, 2012. "Withholding investments in energy only markets: can contracts make a difference?," Journal of Regulatory Economics, Springer, vol. 42(2), pages 159-179, October.
    72. de Braganca, Gabriel Fiuza & Daglish, Toby, 2012. "Can market power in the electricity spot market translate into market power in the hedge market?," Working Paper Series 19239, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
    73. Tanaka, Makoto & Chen, Yihsu, 2012. "Market power in emissions trading: Strategically manipulating permit price through fringe firms," Applied Energy, Elsevier, vol. 96(C), pages 203-211.

  27. Christopher Knittel & Catherine Wolfram & James Bushnell & Severin Borenstein, 2006. "Inefficiencies and Market Power in Financial Arbitrage: A Study of California?s Electricity Markets," Working Papers 105, University of California, Davis, Department of Economics.

    Cited by:

    1. Birge, John R. & Hortaçsu, Ali & Mercadal, Ignacia & Pavlin, J. Michael, 2018. "Limits to arbitrage in electricity markets: A case study of MISO," Energy Economics, Elsevier, vol. 75(C), pages 518-533.
    2. Trine Krogh Boomsma & Salvador Pineda & Ditte Mølgård Heide-Jørgensen, 2022. "The spot and balancing markets for electricity: open- and closed-loop equilibrium models," Computational Management Science, Springer, vol. 19(2), pages 309-346, June.
    3. Paschmann, Martin, 2017. "Economic Analysis of Price Premiums in the Presence of Non-convexities - Evidence from German Electricity Markets," EWI Working Papers 2017-12, Energiewirtschaftliches Institut an der Universitaet zu Koeln (EWI).
    4. ITO Koichiro & Mar REGUANT, 2015. "Sequential Markets, Market Power and Arbitrage," Discussion papers 15015, Research Institute of Economy, Trade and Industry (RIETI).
    5. Pietz, Matthäus, 2009. "Risk premia in electricity wholesale spot markets: empirical evidence from Germany," CEFS Working Paper Series 2009-11, Technische Universität München (TUM), Center for Entrepreneurial and Financial Studies (CEFS).
    6. Juan Ignacio Pe~na & Rosa Rodriguez, 2022. "Time-zero Efficiency of European Power Derivatives Markets," Papers 2202.01737, arXiv.org.
    7. Anna Pechan & Christine Brandstätt & Gert Brunekreeft & Martin Palovic, "undated". "Risks and incentives for gaming in electricity redispatch markets," Bremen Energy Working Papers 0043, Bremen Energy Research.
    8. Severin Borenstein, 2007. "Customer Risk from Real-Time Retail Electricity Pricing: Bill Volatility and Hedgability," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 111-130.
    9. Orea, Luis & Steinbuks, Jevgenijs, 2012. "Estimating Market Power in Homogenous Product Markets Using a Composed Error Model: Application to the California Electricity Market," Efficiency Series Papers 2012/02, University of Oviedo, Department of Economics, Oviedo Efficiency Group (OEG).
    10. Lazarczyk, Ewa, 2013. "Market Specific News and Its Impact on Electricity Prices – Forward Premia," Working Paper Series 953, Research Institute of Industrial Economics, revised 20 Aug 2013.
    11. Shin, Hunyoung & Baldick, Ross, 2018. "Mitigating market risk for wind power providers via financial risk exchange," Energy Economics, Elsevier, vol. 71(C), pages 344-358.
    12. J. Scott Holladay & Michael K. Price & Marianne Wanamaker, 2014. "The Perverse Impact of Calling for Energy Conservation," NBER Working Papers 20706, National Bureau of Economic Research, Inc.
    13. Dressler, Luisa, 2016. "Support schemes for renewable electricity in the European Union: Producer strategies and competition," Energy Economics, Elsevier, vol. 60(C), pages 186-196.
    14. James Wesley Burnett & Xueting Zhao, 2017. "Spatially Explicit Prediction of Wholesale Electricity Prices," International Regional Science Review, , vol. 40(2), pages 99-140, March.
    15. Petr Spodniak & Mikael Collan & Mari Makkonen, 2017. "On Long-Term Transmission Rights in the Nordic Electricity Markets," Energies, MDPI, vol. 10(3), pages 1-19, March.
    16. Hamid Baghestani & Jorg Bley, 2020. "Do directional predictions of US gasoline prices reveal asymmetries?," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 44(2), pages 348-360, April.
    17. Westgaard, Sjur & Fleten, Stein-Erik & Negash, Ahlmahz & Botterud, Audun & Bogaard, Katinka & Verling, Trude Haugsvaer, 2021. "Performing price scenario analysis and stress testing using quantile regression: A case study of the Californian electricity market," Energy, Elsevier, vol. 214(C).
    18. Lin, Jiang & Kahrl, Fredrich & Yuan, Jiahai & Liu, Xu & Zhang, Weirong, 2019. "Challenges and strategies for electricity market transition in China," Energy Policy, Elsevier, vol. 133(C).
    19. Hopkins, Caroline A., 2020. "Convergence bids and market manipulation in the California electricity market," Energy Economics, Elsevier, vol. 89(C).
    20. Zhao, Huan, 2011. "Four Market Studies for the Beef and Electric Power Industries," ISU General Staff Papers 201101010800001360, Iowa State University, Department of Economics.
    21. Demir, Sumeyra & Stappers, Bart & Kok, Koen & Paterakis, Nikolaos G., 2022. "Statistical arbitrage trading on the intraday market using the asynchronous advantage actor–critic method," Applied Energy, Elsevier, vol. 314(C).
    22. Ritz, Robert A., 2014. "Price discrimination and limits to arbitrage: An analysis of global LNG markets," Energy Economics, Elsevier, vol. 45(C), pages 324-332.
    23. Martin Carnoy & Prashant Loyalka & Gregory Androushchak & Anna Proudnikova, 2012. "The Economic Returns to Higher Education in the BRIC Countries and their Implications for Higher Education Expansion," HSE Working papers WP BRP 02/EDU/2012, National Research University Higher School of Economics.
    24. Noah Dormady, 2016. "Carbon Auction Revenue and Market Power: An Experimental Analysis," Energies, MDPI, vol. 9(11), pages 1-20, November.
    25. Chiara Lo Prete and Benjamin F. Hobbs, 2015. "Market power in power markets: an analysis of residual demand curves in Californias day-ahead energy market (1998-2000)," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2).
    26. Olivier Massol & Albert Banal-Estañol, 2017. "Market Power and Spatial Arbitrage beween Interconnected Gas Hubs," Working Papers hal-03186965, HAL.
    27. N. Gülpınar & F. Oliveira, 2014. "Analysis of relationship between forward and spot markets in oligopolies under demand and cost uncertainties," Computational Management Science, Springer, vol. 11(3), pages 267-283, July.
    28. Bunn, Derek W. & Oliveira, Fernando S., 2016. "Dynamic capacity planning using strategic slack valuation," European Journal of Operational Research, Elsevier, vol. 253(1), pages 40-50.
    29. Koolen, Derck & Huisman, Ronald & Ketter, Wolfgang, 2022. "Decision strategies in sequential power markets with renewable energy," Energy Policy, Elsevier, vol. 167(C).
    30. Peña, Juan Ignacio & Rodriguez, Rosa, 2016. "Time-zero efficiency of European power derivatives markets," Energy Policy, Elsevier, vol. 95(C), pages 253-268.
    31. Pietz, Matthäus, 2009. "Risk premia in the German electricity futures market," CEFS Working Paper Series 2009-07, Technische Universität München (TUM), Center for Entrepreneurial and Financial Studies (CEFS).
    32. Guo, Nongchao & Lo Prete, Chiara, 2019. "Cross-product manipulation with intertemporal constraints: An equilibrium model," Energy Policy, Elsevier, vol. 134(C).
    33. Rammerstorfer, Margarethe & Wagner, Christian, 2009. "Reforming minute reserve policy in Germany: A step towards efficient markets?," Energy Policy, Elsevier, vol. 37(9), pages 3513-3519, September.

  28. Bushnell, James & Mansur, Erin T., 2005. "Consumption Under Noisy Price Signals: A Study of Electricity Retail Rate Deregulation in San Diego," Staff General Research Papers Archive 13142, Iowa State University, Department of Economics.

    Cited by:

    1. Gilbert, Ben & Graff Zivin, Joshua, 2014. "Dynamic salience with intermittent billing: Evidence from smart electricity meters," Journal of Economic Behavior & Organization, Elsevier, vol. 107(PA), pages 176-190.
    2. Kellogg, Ryan & Wolff, Hendrik, 2007. "Does Extending Daylight Saving Time Save Energy? Evidence from an Australian Experiment," IZA Discussion Papers 2704, Institute of Labor Economics (IZA).
    3. Alberini, Anna & Gans, Will & Velez-Lopez, Daniel, 2011. "Residential consumption of gas and electricity in the U.S.: The role of prices and income," Energy Economics, Elsevier, vol. 33(5), pages 870-881, September.
    4. Kai-Uwe Kühn & Matilde Machado, 2004. "Bilateral Market Power and Vertical Integration in the Spanish Electricity Spot Market," Working Papers wp2004_0414, CEMFI.
    5. Borenstein, Severin & Bushnell, James & Knittel, Chris & Wolfram, Catherine, 2008. "Inefficiencies and Market Power in Financial Arbitrage: A Study of California's Electricity Markets," Staff General Research Papers Archive 13133, Iowa State University, Department of Economics.
    6. Genc, Talat S., 2016. "Measuring demand responses to wholesale electricity prices using market power indices," Energy Economics, Elsevier, vol. 56(C), pages 247-260.
    7. Casarin, Ariel A. & Delfino, Maria Eugenia, 2011. "Price freezes, durables, and residential electricity demand. Evidence from Greater Buenos Aires," Energy Economics, Elsevier, vol. 33(5), pages 859-869, September.
    8. Swadley, Adam & Yücel, Mine, 2011. "Did residential electricity rates fall after retail competition? A dynamic panel analysis," Energy Policy, Elsevier, vol. 39(12), pages 7702-7711.
    9. Bastos, Paulo & Castro, Lucio & Cristia, Julian & Scartascini, Carlos, 2014. "Does energy consumption respond to price shocks ? evidence from a regression-discontinuity design," Policy Research Working Paper Series 6785, The World Bank.
    10. Nogata, Daisuke, 2022. "Determinants of household switching between natural gas suppliers: Evidence from Japan," Utilities Policy, Elsevier, vol. 76(C).
    11. Neidell, Matthew & Uchida, Shinsuke & Veronesi, Marcella, 2019. "Be Cautious with the Precautionary Principle: Evidence from Fukushima Daiichi Nuclear Accident," IZA Discussion Papers 12687, Institute of Labor Economics (IZA).
    12. Ugur, Mehmet, 2009. "Liberalisation in a world of second best: evidence on European network industries," Greenwich Papers in Political Economy 3983, University of Greenwich, Greenwich Political Economy Research Centre.
    13. Koichiro Ito, 2012. "Do Consumers Respond to Marginal or Average Price? Evidence from Nonlinear Electricity Pricing," NBER Working Papers 18533, National Bureau of Economic Research, Inc.
    14. Peter C. Reiss & Matthew W. White, 2008. "What changes energy consumption? Prices and public pressures," RAND Journal of Economics, RAND Corporation, vol. 39(3), pages 636-663, September.
    15. David R. Bell & Ronald C. Griffin, 2011. "Urban Water Demand with Periodic Error Correction," Land Economics, University of Wisconsin Press, vol. 87(3), pages 528-544.
    16. Robert W. Hahn & Robert D. Metcalfe, 2021. "Efficiency and Equity Impacts of Energy Subsidies," NBER Working Papers 28371, National Bureau of Economic Research, Inc.
    17. Erin T. Mansur, 2007. "Do Oligopolists Pollute Less? Evidence From A Restructured Electricity Market," Journal of Industrial Economics, Wiley Blackwell, vol. 55(4), pages 661-689, December.
    18. Kellogg, Ryan & Wolff, Hendrik, 2008. "Daylight time and energy: Evidence from an Australian experiment," Journal of Environmental Economics and Management, Elsevier, vol. 56(3), pages 207-220, November.
    19. Kiran B Krishnamurthy, Chandra & Kriström, Bengt, 2013. "A cross-country analysis of residential electricity demand in 11 OECD-countries," CERE Working Papers 2013:5, CERE - the Center for Environmental and Resource Economics, revised 30 Jun 2014.
    20. Kudela, Peter & Havranek, Tomas & Herman, Dominik & Irsova, Zuzana, 2020. "Does daylight saving time save electricity? Evidence from Slovakia," Energy Policy, Elsevier, vol. 137(C).
    21. Neidell, Matthew & Uchida, Shinsuke & Veronesi, Marcella, 2021. "The unintended effects from halting nuclear power production: Evidence from Fukushima Daiichi accident," Journal of Health Economics, Elsevier, vol. 79(C).
    22. Wu, Ya & Zhang, Li, 2017. "Evaluation of energy saving effects of tiered electricity pricing and investigation of the energy saving willingness of residents," Energy Policy, Elsevier, vol. 109(C), pages 208-217.
    23. Su, Xuejuan, 2012. "Have Customers Benefited from Electricity Retail Competition?," Working Papers 2012-21, University of Alberta, Department of Economics, revised 01 Oct 2014.
    24. Knaut, Andreas & Paulus, Simon, 2016. "When are consumers responding to electricity prices? An hourly pattern of demand elasticity," EWI Working Papers 2016-7, Energiewirtschaftliches Institut an der Universitaet zu Koeln (EWI), revised 16 Mar 2017.
    25. Siddiqui, Afzal S. & Marnay, Chris, 2008. "Distributed generation investment by a microgrid under uncertainty," Energy, Elsevier, vol. 33(12), pages 1729-1737.
    26. Carl Danner, 2010. "Greenhouse gas policy and California electricity prices," Journal of Regulatory Economics, Springer, vol. 37(1), pages 98-106, February.
    27. Du, Limin & Guo, Jin & Wei, Chu, 2017. "Impact of information feedback on residential electricity demand in China," Resources, Conservation & Recycling, Elsevier, vol. 125(C), pages 324-334.
    28. Chen, Yi-Ting & Sun, Edward W. & Lin, Yi-Bing, 2020. "Merging anomalous data usage in wireless mobile telecommunications: Business analytics with a strategy-focused data-driven approach for sustainability," European Journal of Operational Research, Elsevier, vol. 281(3), pages 687-705.
    29. Krishnamurthy, Chandra Kiran B. & Kriström, Bengt, 2015. "A cross-country analysis of residential electricity demand in 11 OECD-countries," Resource and Energy Economics, Elsevier, vol. 39(C), pages 68-88.
    30. Sania Malik, 2021. "Residential Electricity Consumers and Increasing Block Pricing Policy in Pakistan: Evidence Based on Household Level Primary Data," Journal of Economic Impact, Science Impact Publishers, vol. 3(2), pages 80-87.
    31. Arnold, Fabian & Jeddi, Samir & Sitzmann, Amelie, 2022. "How prices guide investment decisions under net purchasing — An empirical analysis on the impact of network tariffs on residential PV," Energy Economics, Elsevier, vol. 112(C).

  29. Bushnell, James, 2005. "Looking for Trouble: Competition Policy in the U.S. Electricity Industry," Staff General Research Papers Archive 13140, Iowa State University, Department of Economics.

    Cited by:

    1. Evans, Lewis & Guthrie, Graeme & Videbeck, Steen, 2006. "Assessing the Integration of Electricity Markets Using Principal Component Analysis: Network and Market Structure Effects," Working Paper Series 18938, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
    2. Brown, David P. & Eckert, Andrew, 2016. "Electricity Market Mergers with Endogenous Forward Contracting," Working Papers 2016-6, University of Alberta, Department of Economics.
    3. James Bushnell, 2007. "Oligopoly equilibria in electricity contract markets," Journal of Regulatory Economics, Springer, vol. 32(3), pages 225-245, December.
    4. Evans, Lewis & Guthrie, Graeme & Lu, Andrea, 2013. "The role of storage in a competitive electricity market and the effects of climate change," Energy Economics, Elsevier, vol. 36(C), pages 405-418.
    5. Evans, Lewis & Counsell, Kevin & Guthrie, Graeme, 2006. "Options Provided by Storage can Explain High Electricity Prices," Working Paper Series 19042, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
    6. Geoff Bertram & Dan Twaddle, 2005. "Price-Cost Margins and Profit Rates in New Zealand Electricity Distribution Networks Since 1994: the Cost of Light Handed Regulation," Journal of Regulatory Economics, Springer, vol. 27(3), pages 281-308, January.
    7. Pittman, Russell, 2007. "Restructuring the Russian electricity sector: Re-creating California?," Energy Policy, Elsevier, vol. 35(3), pages 1872-1883, March.
    8. Barquin, J. & Boots,M. G. & Ehrenmann, A. & Hobbs, B.F. & Neuhoff, K. & Rijkers, F. A. M., 2004. "Network-constrained models of liberalized electricity markets: the devil is in the details," Cambridge Working Papers in Economics 0405, Faculty of Economics, University of Cambridge.
    9. Lewis Evans & Graeme Guthrie & Steen Videbeck, 2008. "Assessing The Integration Of Electricity Markets Using Principal Component Analysis: Network And Market Structure Effects," Contemporary Economic Policy, Western Economic Association International, vol. 26(1), pages 145-161, January.
    10. Lewis Evans & Graeme Guthrie, 2009. "How Options Provided by Storage Affect Electricity Prices," Southern Economic Journal, John Wiley & Sons, vol. 75(3), pages 681-702, January.

  30. Bushnell, James, 2003. "A Mixed Complementarity Model of Hydro-Thermal Competition in the Western U.S," Staff General Research Papers Archive 13144, Iowa State University, Department of Economics.

    Cited by:

    1. Chernyavs'ka, Liliya & Gullì, Francesco, 2008. "Marginal CO2 cost pass-through under imperfect competition in power markets," Ecological Economics, Elsevier, vol. 68(1-2), pages 408-421, December.
    2. Michele Fioretti & Jorge Tamayo, 2021. "Saving for a Dry Day: Coal, Dams, and the Energy Transition," Sciences Po publications 2021-07, Sciences Po.
    3. Juan ToroNatalia Fabra & Universidad Carlos III de Madrid, 2002. "Price Wars and Collusion in the Spanish Electricity Market," Economics Series Working Papers 136, University of Oxford, Department of Economics.
    4. Olivier Massol & Omer Rifaat, 2016. "Phasing out the U.S. Federal Helium Reserve: Policy insights from a world helium model," Working Papers hal-02475950, HAL.
    5. Bushnell, James & Mansur, Erin T. & Saravia, Celeste, 2008. "Vertical Arrangements, Market Structure and Competition: An Analysis of Restructured U.S. Electricity Markets," Staff General Research Papers Archive 13130, Iowa State University, Department of Economics.
    6. Aitor Ciarreta & María Espinosa, 2010. "Market power in the Spanish electricity auction," Journal of Regulatory Economics, Springer, vol. 37(1), pages 42-69, February.
    7. C. Robert Clark & Andrew Leach, 2007. "The Potential for Electricity Market Restructuring in Quebec," Canadian Public Policy, University of Toronto Press, vol. 33(1), pages 1-20, March.
    8. Liski, M. & Vehviläinen, I., 2017. "Gone with the wind? An empirical analysis of the renewable energy rent transfer," Cambridge Working Papers in Economics 1701, Faculty of Economics, University of Cambridge.
    9. Haddad, Mohamed S., 2011. "Capacity choice and water management in hydroelectricity systems," Energy Economics, Elsevier, vol. 33(2), pages 168-177, March.
    10. Tómasson, Egill & Hesamzadeh, Mohammad Reza & Wolak, Frank A., 2020. "Optimal offer-bid strategy of an energy storage portfolio: A linear quasi-relaxation approach," Applied Energy, Elsevier, vol. 260(C).
    11. Petter Vegard Hansen, 2007. "Inflow Uncertainty in Hydropower Markets," Discussion Papers 520, Statistics Norway, Research Department.
    12. Rangel, Luiz Fernando, 2008. "Competition policy and regulation in hydro-dominated electricity markets," Energy Policy, Elsevier, vol. 36(4), pages 1292-1302, April.
    13. Victor Moutinho & Ant nio Carrizo Moreira & Jorge H. Mota, 2015. "Measuring the Simultaneous Quantity Game in OMEL Spot Electricity Market," International Journal of Energy Economics and Policy, Econjournals, vol. 5(1), pages 305-320.
    14. Jiranyakul, Komain, 2014. "Oil price volatility and real effective exchange rate: the case of Thailand," MPRA Paper 57196, University Library of Munich, Germany.
    15. Yihsu Chen & Lizhi Wang, 2013. "Renewable Portfolio Standards in the Presence of Green Consumers and Emissions Trading," Networks and Spatial Economics, Springer, vol. 13(2), pages 149-181, June.
    16. GABRIEL, Steven & SMEERS, Yves, 2005. "Complementarity problems in restructured natural gas markets," LIDAM Discussion Papers CORE 2005037, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    17. Moutinho, Victor & Moreira, António C. & Mota, Jorge, 2014. "Do regulatory mechanisms promote competition and mitigate market power? Evidence from Spanish electricity market," Energy Policy, Elsevier, vol. 68(C), pages 403-412.
    18. Helman, Udi, 2006. "Market power monitoring and mitigation in the US wholesale power markets," Energy, Elsevier, vol. 31(6), pages 877-904.
    19. Arellano, Maria-Soledad & Serra, Pablo, 2007. "A model of market power in electricity industries subject to peak load pricing," Energy Policy, Elsevier, vol. 35(10), pages 5130-5135, October.

  31. Borenstein, Severin & Bushnell, James & Wolak, Frank, 2002. "Measuring Market Inefficiencies in California's Deregulated Electricity Industry," Staff General Research Papers Archive 13136, Iowa State University, Department of Economics.

    Cited by:

    1. Moore, J. & Woo, C.K. & Horii, B. & Price, S. & Olson, A., 2010. "Estimating the option value of a non-firm electricity tariff," Energy, Elsevier, vol. 35(4), pages 1609-1614.
    2. Abito, Jose Miguel & Knittel, Christopher R. & Metaxoglou, Konstantinos & Trindade, André, 2022. "The role of output reallocation and investment in coordinating environmental markets," International Journal of Industrial Organization, Elsevier, vol. 83(C).
    3. Fraser, Alastair & Kuok, Jonathan Chiew Sheen & Leslie, Gordon W., 2023. "Climate reform and transitional industry assistance: Windfall profits for polluters?," Energy Economics, Elsevier, vol. 121(C).
    4. Newbery, David M. & Greve, Thomas, 2017. "The strategic robustness of oligopoly electricity market models," Energy Economics, Elsevier, vol. 68(C), pages 124-132.
    5. Tomaso Duso & Florian Szücs & Veit Böckers, 2017. "Abuse of Dominance and Antitrust Enforcement in the German Electricity Market," Discussion Papers of DIW Berlin 1685, DIW Berlin, German Institute for Economic Research.
    6. Emmanuel Dechenaux & Dan Kovenock, 2007. "Tacit collusion and capacity withholding in repeated uniform price auctions," RAND Journal of Economics, RAND Corporation, vol. 38(4), pages 1044-1069, December.
    7. Simona Bigerna and Carlo Andrea Bollino, 2015. "A System Of Hourly Demand in the Italian Electricity Market," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
    8. Klumpp, Tilman & Su, Xuejuan, 2013. "Strategic Investments under Open Access: Theory and Evidence," Working Papers 2013-2, University of Alberta, Department of Economics.
    9. Marks, Levi & Mason, Charles & Mohlin, Kristina & Zaragoza-Watkins, Matthew, 2017. "Vertical Market Power in Interconnected Natural Gas and Electricity Markets," RFF Working Paper Series 17-27, Resources for the Future.
    10. Hu, Xinmin & Grozev, George & Batten, David, 2005. "Empirical observations of bidding patterns in Australia's National Electricity Market," Energy Policy, Elsevier, vol. 33(16), pages 2075-2086, November.
    11. Orea, Luis & Steinbuks, Jevgenijs, 2012. "Estimating Market Power in Homogenous Product Markets Using a Composed Error Model: Application to the California Electricity Market," Efficiency Series Papers 2012/02, University of Oviedo, Department of Economics, Oviedo Efficiency Group (OEG).
    12. Juan Pablo Botero Duque & John J. García & Hermilson Velásquez, 2016. "Efectos del cargo por confiabilidad sobre el precio spot de la energía eléctrica en Colombia," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, vol. 35(68), pages 491-519, January.
    13. David P. Brown & Derek E. H. Olmstead, 2017. "Measuring market power and the efficiency of Alberta's restructured electricity market: An energy-only market design," Canadian Journal of Economics, Canadian Economics Association, vol. 50(3), pages 838-870, August.
    14. David P. Brown & Andrew Eckert & Douglas Silveira, 2023. "Strategic interaction between wholesale and ancillary service markets," Competition and Regulation in Network Industries, , vol. 24(4), pages 174-198, December.
    15. Bunn, Derek W. & Chen, Dipeng, 2013. "The forward premium in electricity futures," Journal of Empirical Finance, Elsevier, vol. 23(C), pages 173-186.
    16. LaRiviere, Jacob & Lyu, Xueying, 2022. "Transmission constraints, intermittent renewables and welfare," Journal of Environmental Economics and Management, Elsevier, vol. 112(C).
    17. Manzano, Carolina & Vives, Xavier, 2017. "Market Power and Welfare in Asymmetric Divisible Good Auctions," Working Papers 2072/292436, Universitat Rovira i Virgili, Department of Economics.
    18. Haxhimusa, Adhurim, 2018. "The Effects of German Wind and Solar Electricity on French Spot Price Volatility: An Empirical Investigation," Department of Economics Working Paper Series 258, WU Vienna University of Economics and Business.
    19. Gal, Nurit & Milstein, Irena & Tishler, Asher & Woo, C.K., 2017. "Fuel cost uncertainty, capacity investment and price in a competitive electricity market," Energy Economics, Elsevier, vol. 61(C), pages 233-240.
    20. Liu, Shuangquan & Yang, Qiang & Cai, Huaxiang & Yan, Minghui & Zhang, Maolin & Wu, Dianning & Xie, Mengfei, 2019. "Market reform of Yunnan electricity in southwestern China: Practice, challenges and implications," Renewable and Sustainable Energy Reviews, Elsevier, vol. 113(C), pages 1-1.
    21. Grimm, Veronika & Rückel, Bastian & Sölch, Christian & Zöttl, Gregor, 2021. "The impact of market design on transmission and generation investment in electricity markets," Energy Economics, Elsevier, vol. 93(C).
    22. Fowlie, Meredith & Perloff, Jeffrey M., 2004. "The Effect of Pollution Permit Allocations on Firm-Level Emissions," CUDARE Working Papers 25116, University of California, Berkeley, Department of Agricultural and Resource Economics.
    23. Petr Spodniak & Mikael Collan & Mari Makkonen, 2017. "On Long-Term Transmission Rights in the Nordic Electricity Markets," Energies, MDPI, vol. 10(3), pages 1-19, March.
    24. Giuseppe Lopomo & Leslie M. Marx & David McAdams & Brian Murray, 2011. "Carbon Allowance Auction Design: An Assessment of Options for the United States," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 5(1), pages 25-43, Winter.
    25. Ciarreta Antuñano, Aitor & Espinosa Alejos, María Paz, 2005. "A Supply Function Competition Model for the Spanish Wholesale Electricity Market," DFAEII Working Papers 1988-088X, University of the Basque Country - Department of Foundations of Economic Analysis II.
    26. Winter, Simon & Schlesewsky, Lisa, 2019. "The German feed-in tariff revisited - an empirical investigation on its distributional effects," Energy Policy, Elsevier, vol. 132(C), pages 344-356.
    27. Suarez, Carlos, 2022. "Private management and strategic bidding behavior in electricity markets: Evidence from Colombia," Energy Economics, Elsevier, vol. 111(C).
    28. Madhu Khanna & Xiaoguang Chen & Weiwei Wang & Anthony Oliver, 2022. "Repeal of the Clean Power Plan: Social Cost and Distributional Implications," American Journal of Agricultural Economics, John Wiley & Sons, vol. 104(1), pages 33-51, January.
    29. Ali Hortaçsu & Fernando Luco & Steven L. Puller & Dongni Zhu, 2017. "Does Strategic Ability Affect Efficiency? Evidence from Electricity Markets," NBER Working Papers 23526, National Bureau of Economic Research, Inc.
    30. Leautier, Thomas-Olivier, 2018. "On the long-term impact price caps: Investment, uncertainty, imperfect competition, and rationing," International Journal of Industrial Organization, Elsevier, vol. 61(C), pages 53-95.
    31. Debora Di Gioacchino, 2008. "Strategic technology choice in regulated markets with demand uncertainty," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 35(2), pages 145-164, April.
    32. Bohland, Moritz & Schwenen, Sebastian, 2022. "Renewable support and strategic pricing in electricity markets," International Journal of Industrial Organization, Elsevier, vol. 80(C).
    33. Sirin, Selahattin Murat & Camadan, Ercument & Erten, Ibrahim Etem & Zhang, Alex Hongliang, 2023. "Market failure or politics? Understanding the motives behind regulatory actions to address surging electricity prices," Energy Policy, Elsevier, vol. 180(C).
    34. Fridolfsson, Sven-Olof & Tangerås, Thomas, 2011. "Nuclear Capacity Auctions," Working Paper Series 892, Research Institute of Industrial Economics.
    35. Paul Klemperer, 2007. "Bidding Markets," Journal of Competition Law and Economics, Oxford University Press, vol. 3(1), pages 1-47.
    36. Liu, Peiyun & Ding, Tao & Zou, Zhixiang & Yang, Yongheng, 2019. "Integrated demand response for a load serving entity in multi-energy market considering network constraints," Applied Energy, Elsevier, vol. 250(C), pages 512-529.
    37. Bushnell, James, 2004. "California's electricity crisis: a market apart?," Energy Policy, Elsevier, vol. 32(9), pages 1045-1052, June.
    38. Ketter, W. & Collins, J. & de Weerdt, M.M., 2017. "The 2018 Power Trading Agent Competition," ERIM Report Series Research in Management ERS-2017-016-LIS, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    39. Brown, David P. & Eckert, Andrew & Eckert, Heather, 2017. "Carbon Pricing with an Output Subsidy under Imperfect Competition: The Case of Alberta's Restructured Electricity Market," Working Papers 2017-1, University of Alberta, Department of Economics.
    40. Linn, Joshua & Shih, Jhih-Shyang, 2019. "Do lower electricity storage costs reduce greenhouse gas emissions?," Journal of Environmental Economics and Management, Elsevier, vol. 96(C), pages 130-158.
    41. Spodniak, Petr & Collan, Mikael, 2018. "Forward risk premia in long-term transmission rights: The case of electricity price area differentials (EPAD) in the Nordic electricity market," Utilities Policy, Elsevier, vol. 50(C), pages 194-206.
    42. Lízal, Lubomír M. & Tashpulatov, Sherzod N., 2014. "Do producers apply a capacity cutting strategy to increase prices? The case of the England and Wales electricity market," Energy Economics, Elsevier, vol. 43(C), pages 114-124.
    43. Noah Dormady, 2016. "Carbon Auction Revenue and Market Power: An Experimental Analysis," Energies, MDPI, vol. 9(11), pages 1-20, November.
    44. Georg Rilinger, 2023. "Who captures whom? Regulatory misperceptions and the timing of cognitive capture," Regulation & Governance, John Wiley & Sons, vol. 17(1), pages 43-60, January.
    45. Marcelle Caroline Thimotheo de Brito & Amaro O. Pereira Junior & Mario Veiga Ferraz Pereira & Julio César Cahuano Simba & Sergio Granville, 2022. "Competitive Behavior of Hydroelectric Power Plants under Uncertainty in Spot Market," Energies, MDPI, vol. 15(19), pages 1-22, October.
    46. Lewis Evans & Graeme Guthrie & Steen Videbeck, 2008. "Assessing The Integration Of Electricity Markets Using Principal Component Analysis: Network And Market Structure Effects," Contemporary Economic Policy, Western Economic Association International, vol. 26(1), pages 145-161, January.
    47. Yao, Xin & Huang, Ruting & Du, Kerui, 2019. "The impacts of market power on power grid efficiency: Evidence from China," China Economic Review, Elsevier, vol. 55(C), pages 99-110.
    48. Jun Dong & Dongran Liu & Xihao Dou & Bo Li & Shiyao Lv & Yuzheng Jiang & Tongtao Ma, 2021. "Key Issues and Technical Applications in the Study of Power Markets as the System Adapts to the New Power System in China," Sustainability, MDPI, vol. 13(23), pages 1-29, December.
    49. Pape, Christian & Hagemann, Simon & Weber, Christoph, 2016. "Are fundamentals enough? Explaining price variations in the German day-ahead and intraday power market," Energy Economics, Elsevier, vol. 54(C), pages 376-387.
    50. Elizabeth J. Durango‐Cohen & Liad Wagman, 2014. "Strategic obfuscation of production capacities," Naval Research Logistics (NRL), John Wiley & Sons, vol. 61(3), pages 244-267, April.
    51. Murphy, Sinnott & Apt, Jay & Moura, John & Sowell, Fallaw, 2018. "Resource adequacy risks to the bulk power system in North America," Applied Energy, Elsevier, vol. 212(C), pages 1360-1376.
    52. Koolen, Derck & Huisman, Ronald & Ketter, Wolfgang, 2022. "Decision strategies in sequential power markets with renewable energy," Energy Policy, Elsevier, vol. 167(C).
    53. Knittel, Christopher R. & Metaxoglou, Konstantinos & Trindade, André, 2019. "Environmental implications of market structure: Shale gas and electricity markets," International Journal of Industrial Organization, Elsevier, vol. 63(C), pages 511-550.

  32. Severin Borenstein & James Bushnell & Christopher R. Knittel & Catherine Wolfram, 2001. "Trading Inefficiencies in California's Electricity Markets," NBER Working Papers 8620, National Bureau of Economic Research, Inc.

    Cited by:

    1. Dae-Wook Kim & Christopher R. Knittel, 2004. "Biases in Static Oligopoly Models? Evidence from the California Electricity Market," NBER Working Papers 10895, National Bureau of Economic Research, Inc.
    2. Kumkar, Lars, 2002. "Das kalifornische Strommarktdebakel: von Liberalisierungsversprechen und Regulierungsversagen," Kiel Working Papers 1097, Kiel Institute for the World Economy (IfW Kiel).
    3. Huisman, Ronald & Huurman, Christian & Mahieu, Ronald, 2007. "Hourly electricity prices in day-ahead markets," Energy Economics, Elsevier, vol. 29(2), pages 240-248, March.
    4. Neuhoff, K., 2003. "Integrating Transmission and Energy Markets Mitigates Market Power," Cambridge Working Papers in Economics 0310, Faculty of Economics, University of Cambridge.
    5. Bunn, Derek W. & Chen, Dipeng, 2013. "The forward premium in electricity futures," Journal of Empirical Finance, Elsevier, vol. 23(C), pages 173-186.
    6. Clark II, Woodrow W. & Lund, Henrik, 2008. "Integrated technologies for sustainable stationary and mobile energy infrastructures," Utilities Policy, Elsevier, vol. 16(2), pages 130-140, June.
    7. Asan, Goksel & Tasaltin, Kamil, 2017. "Market efficiency assessment under dual pricing rule for the Turkish wholesale electricity market," Energy Policy, Elsevier, vol. 107(C), pages 109-118.
    8. Lester Hadsell, 2011. "Inefficiency in deregulated wholesale electricity markets: the case of the New England ISO," Applied Economics, Taylor & Francis Journals, vol. 43(5), pages 515-525.
    9. Severin Borenstein & James B. Bushnell & Frank A. Wolak, 2002. "Measuring Market Inefficiencies in California's Restructured Wholesale Electricity Market," American Economic Review, American Economic Association, vol. 92(5), pages 1376-1405, December.
    10. Boogert, Alexander & Dupont, Dominique, 2005. "On the effectiveness of the anti-gaming policy between the day-ahead and real-time electricity markets in The Netherlands," Energy Economics, Elsevier, vol. 27(5), pages 752-770, September.
    11. Anette Boom, "undated". "Investments in Electricity Generation Capacity under Different Market Structures with Price Responsive Demand," Papers 016, Departmental Working Papers.
    12. Hodge, Tyler & Dahl, Carol A., 2012. "Power marketer pricing behavior in the California Power Exchange," Energy Economics, Elsevier, vol. 34(2), pages 568-575.
    13. Arciniegas, Ismael & Barrett, Chris & Marathe, Achla, 2003. "Assessing the efficiency of US electricity markets," Utilities Policy, Elsevier, vol. 11(2), pages 75-86, June.

  33. Severin Borenstein & James Bushnell & Frank Wolak, 2000. "Diagnosing Market Power in California's Restructured Wholesale Electricity Market," NBER Working Papers 7868, National Bureau of Economic Research, Inc.

    Cited by:

    1. Simona Bigerna & Carlo Andrea Bollino & Maria Chiara D’Errico & Paolo Polinori, 2023. "A new design for market power monitoring in the electricity market. A simulation for Italy," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 40(1), pages 285-317, April.
    2. Bigerna, Simona & Bollino, Carlo Andrea & D'Errico, Maria Chiara & Polinori, Paolo, 2017. "The Ideal Competitive Electricity Market. A simulation for Italy," MPRA Paper 94893, University Library of Munich, Germany.
    3. Ciarreta, Aitor & Espinosa, Maria Paz & Pizarro-Irizar, Cristina, 2017. "Has renewable energy induced competitive behavior in the Spanish electricity market?," Energy Policy, Elsevier, vol. 104(C), pages 171-182.
    4. Kennedy, David, 2003. "Liberalisation of the Russian power sector," Energy Policy, Elsevier, vol. 31(8), pages 745-758, June.
    5. Ahmed Anwar, 2006. "Single or Multiple Pricing in Electricity Pools?," Edinburgh School of Economics Discussion Paper Series 143, Edinburgh School of Economics, University of Edinburgh.
    6. John McMillan, 2004. "Using Markets to Help Solve Public Problems," NBER Chapters, in: Governance, Regulation, and Privatization in the Asia-Pacific Region, pages 73-89, National Bureau of Economic Research, Inc.
    7. Tamaschke, R. & Docwra, G. & Stillman, R., 2005. "Measuring market power in electricity generation: A long-term perspective using a programming model," Energy Economics, Elsevier, vol. 27(2), pages 317-335, March.
    8. Juan Pablo Montero & Hugh Rudnick, 2001. "Precios Eléctricos Flexibles," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 38(113), pages 91-109.
    9. Lim, Wonhyuk, 2003. "Public Enterprise Reform and Privatization in Korea: Lessons for Developing Countries," KDI Policy Studies 2003-04, Korea Development Institute (KDI).
    10. Nazemi, Ali & Mashayekhi, Mehdi, 2015. "Competitiveness assessment of Iran's restructured electricity market," Energy Economics, Elsevier, vol. 49(C), pages 308-316.
    11. Carraretto, Cristian & Lazzaretto, Andrea, 2004. "A dynamic approach for the optimal electricity dispatch in the deregulated market," Energy, Elsevier, vol. 29(12), pages 2273-2287.
    12. Ritzenhofen, Ingmar & Birge, John R. & Spinler, Stefan, 2016. "The structural impact of renewable portfolio standards and feed-in tariffs on electricity markets," European Journal of Operational Research, Elsevier, vol. 255(1), pages 224-242.
    13. Paul Joskow & Edward Kahn, 2001. "A Quantitative Analysis of Pricing Behavior in California's Wholesale Electricity Market During Summer 2000," NBER Working Papers 8157, National Bureau of Economic Research, Inc.
    14. Stephen Spear, "undated". "The Electricity Market Game," GSIA Working Papers 2003-E17, Carnegie Mellon University, Tepper School of Business.
    15. Jason P. Martinek & Michael J. Orlando, 2002. "Neither Lucky Nor Good - The Case of Electricity Deregulation in California," The Economic and Social Review, Economic and Social Studies, vol. 33(1), pages 75-82.
    16. Maria Chiara D?Errico, 2020. "Competition in the Italian electricity market: The unforeseen social welfare losses of reform," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2020(2), pages 75-91.
    17. Mawejje, Joseph & Munyambonera, Ezra & Bategeka, Lawrence, 2012. "Uganda's Electircity Sector Reforms and Iinstitutional Restructuring," Research Series 150239, Economic Policy Research Centre (EPRC).
    18. Razeghi, Ghazal & Shaffer, Brendan & Samuelsen, Scott, 2017. "Impact of electricity deregulation in the state of California," Energy Policy, Elsevier, vol. 103(C), pages 105-115.

  34. Berenstein, Severin & Bushnell, James & Stoft, Steven, 2000. "The Competitive Effects of Transmission Capacity in a Deregulated Electricity Industry," Staff General Research Papers Archive 13145, Iowa State University, Department of Economics.

    Cited by:

    1. Moore, J. & Woo, C.K. & Horii, B. & Price, S. & Olson, A., 2010. "Estimating the option value of a non-firm electricity tariff," Energy, Elsevier, vol. 35(4), pages 1609-1614.
    2. Biggar, Darryl R. & Hesamzadeh, Mohammad Reza, 2022. "An integrated theory of dispatch and hedging in wholesale electric power markets," Energy Economics, Elsevier, vol. 112(C).
    3. Manfen Chen & Rohan Christie-David & William Moore, 2007. "Deregulation, news releases, and price discovery," Journal of Regulatory Economics, Springer, vol. 31(3), pages 289-312, June.
    4. Frank A. Wolak, 2014. "Regulating Competition in Wholesale Electricity Supply," NBER Chapters, in: Economic Regulation and Its Reform: What Have We Learned?, pages 195-289, National Bureau of Economic Research, Inc.
    5. Severin Borenstein & James Bushnell, 1998. "An Empirical Analysis of the Potential for Market Power in California's Electricity Industry," NBER Working Papers 6463, National Bureau of Economic Research, Inc.
    6. Federico Boffa & Viswanath Pingali & Francesca Sala, 2015. "Strategic investment in merchant transmission: the impact of capacity utilization rules," Working Papers 2015/12, Institut d'Economia de Barcelona (IEB).
    7. Tomas Balint & Francesco Lamperti & Antoine Mandel & Mauro Napoletano & Andrea Roventini & Alessandro Sapio, 2016. "Complexity and the Economics of Climate Change: a Survey and a Look Forward," SciencePo Working papers Main halshs-01390694, HAL.
    8. Anthony Downward & David Young & Golbon Zakeri, 2011. "Swapping Generators' Assets: Market Salvation or Wishful Thinking?," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 31-58.
    9. Neuhoff, K., 2002. "Optimal congestion treatment for bilateral electricity trading," Cambridge Working Papers in Economics 0214, Faculty of Economics, University of Cambridge.
    10. Jian Yao & Ilan Adler & Shmuel S. Oren, 2008. "Modeling and Computing Two-Settlement Oligopolistic Equilibrium in a Congested Electricity Network," Operations Research, INFORMS, vol. 56(1), pages 34-47, February.
    11. Pär Holmberg & Ewa Lazarczyk, 2012. "Congestion management in electricity networks: Nodal, zonal and discriminatory pricing," Working Papers EPRG 1209, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    12. Le Cadre, Hélène & Mezghani, Ilyès & Papavasiliou, Anthony, 2019. "A game-theoretic analysis of transmission-distribution system operator coordination," European Journal of Operational Research, Elsevier, vol. 274(1), pages 317-339.
    13. Kupper, G. & Willems, Bert, 2007. "Arbitrage in Energy Markets : Competing in the Incumbent's Shadow," Other publications TiSEM c8eb3395-9a12-4aed-8f06-b, Tilburg University, School of Economics and Management.
    14. Woo, C.K. & King, M. & Tishler, A. & Chow, L.C.H., 2006. "Costs of electricity deregulation," Energy, Elsevier, vol. 31(6), pages 747-768.
    15. Genc, Talat S. & Aydemir, Abdurrahman, 2017. "Power trade, welfare, and air quality," Energy Economics, Elsevier, vol. 67(C), pages 423-438.
    16. Angelica Gianfreda & Luigi Grossi, 2011. "Forecasting Italian Electricity Zonal Prices with Exogenous Variables," Working Papers 01/2011, University of Verona, Department of Economics.
    17. Neuhoff, Karsten & Barquin, Julian & Boots, Maroeska G. & Ehrenmann, Andreas & Hobbs, Benjamin F. & Rijkers, Fieke A.M. & Vazquez, Miguel, 2005. "Network-constrained Cournot models of liberalized electricity markets: the devil is in the details," Energy Economics, Elsevier, vol. 27(3), pages 495-525, May.
    18. Mark Agerton & Ben Gilbert & Gregory B. Upton Jr., 2021. "The Economics of Natural Gas Venting, Flaring and Leaking in U.S. Shale: An Agenda for Research and Policy," Working Papers 2021-02, Colorado School of Mines, Division of Economics and Business.
    19. Thomas‐Olivier Léautier, 2001. "Electricity Auctions," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 10(3), pages 331-358, September.
    20. Blázquez de Paz, Mario, 2018. "Electricity auctions in the presence of transmission constraints and transmission costs," Energy Economics, Elsevier, vol. 74(C), pages 605-627.
    21. Felix Höffler & Sebastian Kranz, 2011. "Using Forward Contracts to Reduce Regulatory Capture," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2011_09, Max Planck Institute for Research on Collective Goods.
    22. Léautier, Thomas-Olivier, 2014. "Transmission constraints and strategic underinvestment in electric power generation," TSE Working Papers 13-459, Toulouse School of Economics (TSE).
    23. Siddiqui, Afzal S. & Tanaka, Makoto & Chen, Yihsu, 2019. "Sustainable transmission planning in imperfectly competitive electricity industries: Balancing economic and environmental outcomes," European Journal of Operational Research, Elsevier, vol. 275(1), pages 208-223.
    24. Emmanuel Dechenaux & Dan Kovenock, 2007. "Tacit collusion and capacity withholding in repeated uniform price auctions," RAND Journal of Economics, RAND Corporation, vol. 38(4), pages 1044-1069, December.
    25. Sam Aflaki & Serguei Netessine, 2017. "Strategic Investment in Renewable Energy Sources: The Effect of Supply Intermittency," Manufacturing & Service Operations Management, INFORMS, vol. 19(3), pages 489-507, July.
    26. Laura Malaguzzi Valeri, 2008. "Welfare and Competition Effects of Electricity Interconnection between Great Britain and Ireland," Papers WP232, Economic and Social Research Institute (ESRI).
    27. Ladislav KRISTOUFEK & Petra LUNACKOVA, 2013. "Long-term Memory in Electricity Prices: Czech Market Evidence," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 63(5), pages 407-424, November.
    28. Pio Baake & Sebastian Schwenen & Christian von Hirschhausen, 2020. "Local Power Markets," Discussion Papers of DIW Berlin 1904, DIW Berlin, German Institute for Economic Research.
    29. Steve Cicala, 2017. "Imperfect Markets versus Imperfect Regulation in U.S. Electricity Generation," NBER Working Papers 23053, National Bureau of Economic Research, Inc.
    30. Federico Boffa & Viswanath Pingali & Davide Vannoni, 2009. "Increasing Market Interconnection: An analysis of the Italian Electricity Spot Market," Working papers 04, Former Department of Economics and Public Finance "G. Prato", University of Torino.
    31. Severin Borenstein & James Bushnell & Frank Wolak, 2000. "Diagnosing Market Power in California's Restructured Wholesale Electricity Market," NBER Working Papers 7868, National Bureau of Economic Research, Inc.
    32. Hélène Le Cadre, 2019. "On the efficiency of local electricity markets under decentralized and centralized designs: a multi-leader Stackelberg game analysis," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 27(4), pages 953-984, December.
    33. Mark Lijesen, 2002. "Welfare effects of vertical integration in energy distribution," CPB Memorandum 43, CPB Netherlands Bureau for Economic Policy Analysis.
    34. Pepermans, Guido & Willems, Bert, 2010. "Cost Recovery in Congested Electricity Networks," Working Papers 2010/22, Hogeschool-Universiteit Brussel, Faculteit Economie en Management.
    35. Leuthold, Florian & Jeske, Till & Weigt, Hannes & von Hirschhausen, Christian, 2009. "When the Wind Blows Over Europe: A Simulation Analysis and the Impact of Grid Extensions," MPRA Paper 65655, University Library of Munich, Germany.
    36. SMEERS, Yves, 2005. "How well can one measure market power in restructured electricity systems ?," LIDAM Discussion Papers CORE 2005050, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    37. Pellini, Elisabetta, 2012. "Measuring the impact of market coupling on the Italian electricity market," Energy Policy, Elsevier, vol. 48(C), pages 322-333.
    38. Léautier, Thomas-Olivier, 2013. "Fred Schweppe meets Marcel Boiteux and Antoine-Augustin Cournot: transmission constraints and strategic underinvestment in electric power generation," IDEI Working Papers 796, Institut d'Économie Industrielle (IDEI), Toulouse.
    39. Brehm, Paul A. & Zhang, Yiyuan, 2021. "The efficiency and environmental impacts of market organization: Evidence from the Texas electricity market," Energy Economics, Elsevier, vol. 101(C).
    40. Neuhoff, K., 2003. "Integrating Transmission and Energy Markets Mitigates Market Power," Cambridge Working Papers in Economics 0310, Faculty of Economics, University of Cambridge.
    41. Boom, Anette & Buehler, Stefan, 2014. "Restructuring the Electricity Industry: Vertical Structure and the Risk of Rent Extraction," Working Papers 02-2014, Copenhagen Business School, Department of Economics.
    42. Tishler, A. & Woo, C.K., 2006. "Likely failure of electricity deregulation: Explanation with application to Israel," Energy, Elsevier, vol. 31(6), pages 845-856.
    43. Brown, David P. & Eckert, Andrew, 2021. "Analyzing firm behavior in restructured electricity markets: Empirical challenges with a residual demand analysis," International Journal of Industrial Organization, Elsevier, vol. 74(C).
    44. Laffont, Jean-Jacques & Gasmi, Farid & Oviedo, Juan Daniel, 2003. "Impact of Regional Market Power on Natural Gas Transport Network Size," IDEI Working Papers 168, Institut d'Économie Industrielle (IDEI), Toulouse.
    45. Bigerna, Simona & Bollino, Carlo Andrea & D'Errico, Maria Chiara & Polinori, Paolo, 2022. "COVID-19 lockdown and market power in the Italian electricity market," Energy Policy, Elsevier, vol. 161(C).
    46. Zerrahn, Alexander & Huppmann, Daniel, 2014. "Network Expansion to Mitigate Market Power: How Increased Integration Fosters Welfare," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100459, Verein für Socialpolitik / German Economic Association.
    47. Twomey, P. & Green, R. & Neuhoff, K. & Newbery, D., 2005. "A Review of the Monitoring of Market Power The Possible Roles of TSOs in Monitoring for Market Power Issues in Congested Transmission Systems," Cambridge Working Papers in Economics 0504, Faculty of Economics, University of Cambridge.
    48. Farid Gasmi & Juan Daniel Oviedo, 2012. "Controlling regional monopolies in the natural gas industry: the role of transport capacity," Documentos de Trabajo 10073, Universidad del Rosario.
    49. Bert Willems & Guido Pepermans, 2003. "Regulating transmission in a spatial oligopoly: a numerical illustration for Belgium," Energy, Transport and Environment Working Papers Series ete0314, KU Leuven, Department of Economics - Research Group Energy, Transport and Environment.
    50. Rajnish Kamat & Shmuel Oren, 2004. "Two-settlement Systems for Electricity Markets under Network Uncertainty and Market Power," Journal of Regulatory Economics, Springer, vol. 25(1), pages 5-37, January.
    51. Enzo Sauma & Shmuel Oren, 2006. "Proactive planning and valuation of transmission investments in restructured electricity markets," Journal of Regulatory Economics, Springer, vol. 30(3), pages 261-290, November.
    52. Wang, Hongbo, 2014. "Do Mandatory U.S. State Renewable Portfolio Standards Increase Electricity Prices?," MPRA Paper 59165, University Library of Munich, Germany.
    53. Grimm, Veronika & Martin, Alexander & Weibelzahl, Martin & Zöttl, Gregor, 2014. "Transmission and Generation Investment in Electricity Markets: The Effects of Market Splitting and Network Fee Regimes," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 460, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    54. Wolak, Frank A., 2015. "Measuring the competitiveness benefits of a transmission investment policy: The case of the Alberta electricity market," Energy Policy, Elsevier, vol. 85(C), pages 426-444.
    55. Thomas-Olivier Léautier & Véronique Thelen, 2009. "Optimal expansion of the power transmission grid: why not?," Journal of Regulatory Economics, Springer, vol. 36(2), pages 127-153, October.
    56. McInerney, Celine & Bunn, Derek, 2013. "Valuation anomalies for interconnector transmission rights," Energy Policy, Elsevier, vol. 55(C), pages 565-578.
    57. Sertaç Oruç & Scott Cunningham, 2014. "Transmission Rights to the Electrical Transmission Grid in the Post Liberalization Era," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 5(4), pages 686-705, December.
    58. Lamadrid, Alberto J. & Maneevitjit, Surin & Mount, Timothy D., 2016. "The economic value of transmission lines and the implications for planning models," Energy Economics, Elsevier, vol. 57(C), pages 1-15.
    59. Afzal S. SIDDIQUI & TANAKA Makoto & Yihsu CHEN, 2017. "Sustainable Transmission Planning in Imperfectly Competitive Electricity Industries: Balancing economic efficiency and environmental outcomes," Discussion papers 17024, Research Institute of Economy, Trade and Industry (RIETI).
    60. Pineau, P.-O. & Dupuis, D.J. & Cenesizoglu, T., 2015. "Assessing the value of power interconnections under climate and natural gas price risks," Energy, Elsevier, vol. 82(C), pages 128-137.
    61. Tanachai Limpaitoon, Yihsu Chen, and Shmuel S. Oren, 2014. "The Impact of Imperfect Competition in Emission Permits Trading on Oligopolistic Electricity Markets," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3).
    62. Perez, Eloy, 2007. "A model of vertical integration and investment in generation capacity in electricity markets: The case of the bidding game," Socio-Economic Planning Sciences, Elsevier, vol. 41(4), pages 272-290, December.
    63. Fikru, Mahelet G. & Gautier, Luis, 2021. "Electric utility mergers in the presence of distributed renewable energy," Energy Economics, Elsevier, vol. 101(C).
    64. Luis Olmos & Karsten Neuhoff, 2004. "Definition of a Balancing Point for Electricity Transmission Contracts," Working Papers EP40, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    65. Briggs, R.J. & Kleit, Andrew, 2013. "Resource adequacy reliability and the impacts of capacity subsidies in competitive electricity markets," Energy Economics, Elsevier, vol. 40(C), pages 297-305.
    66. Simshauser, Paul, 2021. "Renewable Energy Zones in Australia's National Electricity Market," Energy Economics, Elsevier, vol. 101(C).
    67. Finn R. Førsund, 2007. "Hydropower Economics," International Series in Operations Research and Management Science, Springer, number 978-0-387-73027-1, December.
    68. Grimm, Veronika & Martin, Alexander & Weibenzahl, Martin & Zoettl, Gregor, 2014. "Transmission and generation investment in electricity markets: The effects of market splitting and network fee regimes," FAU Discussion Papers in Economics 04/2014, Friedrich-Alexander University Erlangen-Nuremberg, Institute for Economics.
    69. Pär Holmberg & Andy Philpott, 2014. "Supply function equilibria in transportation networks," Working Papers EPRG 1401, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    70. Ehrenmann, A. & Neuhoff, K., 2003. "A Comparison of Electricity Market Designs in Networks," Cambridge Working Papers in Economics 0341, Faculty of Economics, University of Cambridge.
    71. Hiroaki Ino & Norimichi Matsueda & Toshihiro Matsumura, 2021. "Market competition and strategic choices of electric power sources under fluctuating demand," Discussion Paper Series 223, School of Economics, Kwansei Gakuin University.
    72. Grimm, Veronika & Rückel, Bastian & Sölch, Christian & Zöttl, Gregor, 2021. "The impact of market design on transmission and generation investment in electricity markets," Energy Economics, Elsevier, vol. 93(C).
    73. Dong Hua & Wutao Chen & Cong Zhang, 2020. "A Novel Market Clearing and Safety Checking Method for Multi-Type Units That Considers Flexible Loads," Energies, MDPI, vol. 13(15), pages 1-20, July.
    74. Petr Spodniak & Mikael Collan & Mari Makkonen, 2017. "On Long-Term Transmission Rights in the Nordic Electricity Markets," Energies, MDPI, vol. 10(3), pages 1-19, March.
    75. Lucas Davis & Catherine Hausman, 2014. "The Value of Transmission in Electricity Markets: Evidence from a Nuclear Power Plant Closure," NBER Working Papers 20186, National Bureau of Economic Research, Inc.
    76. Crawford, Gregory S. & Crespo, Joseph & Tauchen, Helen, 2007. "Bidding asymmetries in multi-unit auctions: Implications of bid function equilibria in the British spot market for electricity," International Journal of Industrial Organization, Elsevier, vol. 25(6), pages 1233-1268, December.
    77. Debia, Sébastien & Pineau, Pierre-Olivier & Siddiqui, Afzal S., 2019. "Strategic use of storage: The impact of carbon policy, resource availability, and technology efficiency on a renewable-thermal power system," Energy Economics, Elsevier, vol. 80(C), pages 100-122.
    78. Juan Pablo Montero & Salvador Valdés, 2004. "Notas para una Regulación Eficiente de la Transmisión Eléctrica," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 41(123), pages 255-283.
    79. Alberto Orgaz & Antonio Bello & Javier Reneses, 2019. "A New Model to Simulate Local Market Power in a Multi-Area Electricity Market: Application to the European Case," Energies, MDPI, vol. 12(11), pages 1-15, May.
    80. José Pablo Arellano, 2004. "Principios para Tarificar la Transmisión Eléctrica," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 41(123), pages 231-253.
    81. Mark Lijesen, 2002. "End user prices in liberalised energy markets," CPB Discussion Paper 16, CPB Netherlands Bureau for Economic Policy Analysis.
    82. Castagneto-Gissey, Giorgio, 2014. "How competitive are EU electricity markets? An assessment of ETS Phase II," Energy Policy, Elsevier, vol. 73(C), pages 278-297.
    83. Carpio, Lucio Guido Tapia & Pereira, Amaro Jr., 2007. "Economical efficiency of coordinating the generation by subsystems with the capacity of transmission in the Brazilian market of electricity," Energy Economics, Elsevier, vol. 29(3), pages 454-466, May.
    84. Kumkar, Lars, 2001. "Strommarktliberalisierung in Kalifornien: Schlägt das Pendel zurück?," Kiel Discussion Papers 378/379, Kiel Institute for the World Economy (IfW Kiel).
    85. Brennan, Timothy J., 2005. "Alleged Transmission Undersupply: Is Restructuring the Cure or the Cause?," Discussion Papers 10723, Resources for the Future.
    86. Stephen Salant & Nathan Seegert, 2018. "Should Congestion Tolls be Set by the Government or by the Private Sector? The Knight–Pigou Debate Revisited," Economica, London School of Economics and Political Science, vol. 85(339), pages 428-448, July.
    87. Derek Bunn & Georg Zachmann, 2010. "Inefficient arbitrage in inter-regional electricity transmission," Journal of Regulatory Economics, Springer, vol. 37(3), pages 243-265, June.
    88. Richard Green, 2007. "Nodal pricing of electricity: how much does it cost to get it wrong?," Journal of Regulatory Economics, Springer, vol. 31(2), pages 125-149, April.
    89. A. Downward & G. Zakeri & A. B. Philpottt, 2010. "On Cournot Equilibria in Electricity Transmission Networks," Operations Research, INFORMS, vol. 58(4-part-2), pages 1194-1209, August.
    90. Georg Gebhardt and Felix Hoffler, 2013. "How Competitive is Cross-border Trade of Electricity? Theory and Evidence from European Electricity Markets," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1).
    91. Feijoo, Felipe & Das, Tapas K., 2014. "Design of Pareto optimal CO2 cap-and-trade policies for deregulated electricity networks," Applied Energy, Elsevier, vol. 119(C), pages 371-383.
    92. Paizs, László & Mészáros, Mátyás Tamás, 2003. "Piachatalmi problémák modellezése a dereguláció utáni magyar áramtermelő piacon [Modelling problems of market power on the Hungarian electricity-generation market after deregulation]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(9), pages 735-764.
    93. Tanachai Limpaitoon & Yihsu Chen & Shmuel Oren, 2011. "The impact of carbon cap and trade regulation on congested electricity market equilibrium," Journal of Regulatory Economics, Springer, vol. 40(3), pages 237-260, December.
    94. Holmberg, Pär & Philpott, Andrew, 2012. "Supply Function Equilibria in Networks with Transport Constraints," Working Paper Series 945, Research Institute of Industrial Economics, revised 10 Aug 2015.
    95. Pérez Odeh, Rodrigo & Watts, David & Negrete-Pincetic, Matías, 2018. "Portfolio applications in electricity markets review: Private investor and manager perspective trends," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P1), pages 192-204.
    96. Donald N. Dewees, 2003. "Price and Environment in Electricity Restructuring," Working Papers dewees-01-01, University of Toronto, Department of Economics.
    97. Lavrutich, Maria & Hagspiel, Verena & Siddiqui, Afzal S., 2023. "Transmission investment under uncertainty: Reconciling private and public incentives," European Journal of Operational Research, Elsevier, vol. 304(3), pages 1167-1188.
    98. R. Andrew Butters & Daniel F. Spulber, 2020. "The Extent Of The Market And Integration Through Factor Markets: Evidence From Wholesale Electricity," Economic Inquiry, Western Economic Association International, vol. 58(3), pages 1076-1108, July.
    99. Simshauser, P. & Billimoria, F. & Rogers, C., 2021. "Optimising VRE Plant Capacity in Renewable Energy Zones," Cambridge Working Papers in Economics 2164, Faculty of Economics, University of Cambridge.
    100. Javier Bustos-Salvagno & Fernando Fuentes H., 2017. "Electricity Interconnection in Chile: Prices versus Costs," Energies, MDPI, vol. 10(9), pages 1-17, September.
    101. Silva-Rodriguez, Lina & Sanjab, Anibal & Fumagalli, Elena & Virag, Ana & Gibescu, Madeleine, 2022. "Short term wholesale electricity market designs: A review of identified challenges and promising solutions," Renewable and Sustainable Energy Reviews, Elsevier, vol. 160(C).
    102. Jacques Pelkmans & Lionel Kapff, 2010. "Interconnector Investment for a Well-functioning Internal Market. What EU regime of regulatory incentives?," Bruges European Economic Research Papers 18, European Economic Studies Department, College of Europe.
    103. Arie ten Cate & Mark Lijesen, 2004. "The Elmar model: output and capacity in imperfectly competitive electricity markets," CPB Memorandum 94, CPB Netherlands Bureau for Economic Policy Analysis.
    104. E. Anderson & A. Philpott & H. Xu, 2007. "Modelling the effects of interconnection between electricity markets subject to uncertainty," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 65(1), pages 1-26, February.
    105. Spiridonova, Olga, 2016. "Transmission capacities and competition in Western European electricity market," Energy Policy, Elsevier, vol. 96(C), pages 260-273.
    106. Bye, Torstein & Bruvoll, Annegrete & Aune, Finn Roar, 2008. "Inflow shortages in deregulated power markets -- Reasons for concern?," Energy Economics, Elsevier, vol. 30(4), pages 1693-1711, July.
    107. Lina Silva-Rodriguez & Anibal Sanjab & Elena Fumagalli & Ana Virag & Madeleine Gibescu, 2020. "Short Term Electricity Market Designs: Identified Challenges and Promising Solutions," Papers 2011.04587, arXiv.org.
    108. Pär Holmberg and Ewa Lazarczyk, 2015. "Comparison of congestion management techniques: Nodal, zonal and discriminatory pricing," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2).
    109. Dzikri Firmansyah Hakam, 2018. "Market Power Modelling in Electricity Market: A Critical Review," International Journal of Energy Economics and Policy, Econjournals, vol. 8(5), pages 347-356.
    110. Giuseppina Squicciarini & Guido Cervigni & Dmitri Perekhodtsev & Clara Poletti, 2010. "The integration of the European electricity markets at a turning point: from the regional model to the Third Legislative Package," RSCAS Working Papers 2010/56, European University Institute.
    111. Jürgen Weiss, 2002. "Market Power and Power Markets," Interfaces, INFORMS, vol. 32(5), pages 37-46, October.
    112. Luis E. Gonzales & Koichiro Ito & Mar Reguant, 2022. "The Dynamic Impact of Market Integration: Evidence from Renewable Energy Expansion in Chile," NBER Working Papers 30016, National Bureau of Economic Research, Inc.
    113. Kuang, Xiaolong & Lamadrid, Alberto J. & Zuluaga, Luis F., 2019. "Pricing in non-convex markets with quadratic deliverability costs," Energy Economics, Elsevier, vol. 80(C), pages 123-131.
    114. Tanaka, Makoto, 2009. "Transmission-constrained oligopoly in the Japanese electricity market," Energy Economics, Elsevier, vol. 31(5), pages 690-701, September.
    115. Severin Borenstein & James B. Bushnell & Frank A. Wolak, 2002. "Measuring Market Inefficiencies in California's Restructured Wholesale Electricity Market," American Economic Review, American Economic Association, vol. 92(5), pages 1376-1405, December.
    116. Hélène Le Cadre & Anthony Papavasiliou & Yves Smeers, 2015. "Wind Farm Portfolio Optimization under Network Capacity Constraints," Post-Print hal-01007992, HAL.
    117. Petropoulos, Georgios & Willems, Bert, 2020. "Long-term transmission rights and dynamic efficiency," Energy Economics, Elsevier, vol. 88(C).
    118. Tarjei Kristiansen & Juan Rosellón, 2006. "A Merchant Mechanism for Electricity Transmission Expansion," Journal of Regulatory Economics, Springer, vol. 29(2), pages 167-193, March.
    119. Guido Tapia Carpio, Lucio & Olimpio Pereira, Amaro Jr, 2006. "Independent operation by subsystems: Strategic behavior for the Brazilian electricity sector," Energy Policy, Elsevier, vol. 34(17), pages 2964-2976, November.
    120. Nicholas Ryan, 2017. "The Competitive Effects of Transmission Infrastructure in the Indian Electricity Market," NBER Working Papers 23106, National Bureau of Economic Research, Inc.
    121. Juan Escobar & Alejandro Jofré, 2010. "Monopolistic competition in electricity networks with resistance losses," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 44(1), pages 101-121, July.
    122. TANAKA Makoto, 2007. "Oligopolistic Competition in the Japanese Wholesale Electricity Market: A Linear Complementarity Approach," Discussion papers 07023, Research Institute of Economy, Trade and Industry (RIETI).
    123. Joshua S. Gans & Danny Price & Kim Woods, 1998. "Contracts and Electricity Pool Prices," Australian Journal of Management, Australian School of Business, vol. 23(1), pages 83-96, June.
    124. Grimm, Veronika & Martin, Alexander & Schmidt, Martin & Weibelzahl, Martin & Zöttl, Gregor, 2016. "Transmission and generation investment in electricity markets: The effects of market splitting and network fee regimes," European Journal of Operational Research, Elsevier, vol. 254(2), pages 493-509.
    125. Farid Gasmi & Juan Daniel Oviedo, 2012. "Investment in transport capacity and regulation of regional monopolies in natural gas commodity markets," Documentos de Trabajo 10074, Universidad del Rosario.
    126. Sandsmark, Maria & Tennbakk, Berit, 2010. "Ex post monitoring of market power in hydro dominated electricity markets," Energy Policy, Elsevier, vol. 38(3), pages 1500-1509, March.
    127. Hagspiel, Simeon, 2017. "Reliable Electricity: The Effects of System Integration and Cooperative Measures to Make it Work," EWI Working Papers 2017-13, Energiewirtschaftliches Institut an der Universitaet zu Koeln (EWI).
    128. Chouaib Jouf, 2020. "Asymmetric price transmission along the food marketing chain: A focus on the recent price war," Working Papers hal-04133326, HAL.
    129. Enzo Sauma & Shmuel Oren, 2006. "Proactive planning and valuation of transmission investments in restructured electricity markets," Journal of Regulatory Economics, Springer, vol. 30(3), pages 358-387, November.
    130. Rangel, Luiz Fernando, 2008. "Competition policy and regulation in hydro-dominated electricity markets," Energy Policy, Elsevier, vol. 36(4), pages 1292-1302, April.
    131. Rinne, Sonja, 2018. "Radioinactive: Are nuclear power plant outages in France contagious to the German electricity price?," CIW Discussion Papers 3/2018, University of Münster, Center for Interdisciplinary Economics (CIW).
    132. Gebhardt, Georg & Höffler, Felix, 2008. "How to Determine whether Regional Markets are Integrated? Theory and Evidence from European Electricity Markets," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 236, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    133. Luis E. Gonzales & Koichiro Ito & Mar Reguant, 2023. "The Investment Effects of Market Integration: Evidence From Renewable Energy Expansion in Chile," Econometrica, Econometric Society, vol. 91(5), pages 1659-1693, September.
    134. Mari Makkonen, Mats Nilsson and Satu Viljainen, 2015. "All quiet on the western front? Transmission capacity development in the Nordic electricity market," Economics of Energy & Environmental Policy, International Association for Energy Economics, vol. 0(Number 2).
    135. Grimm, Veronika & Rückel, Bastian & Sölch, Christian & Zöttl, Gregor, 2019. "Regionally differentiated network fees to affect incentives for generation investment," Energy, Elsevier, vol. 177(C), pages 487-502.
    136. Simshauser, P., 2021. "Renewable Energy Zones in Australia’s National Electricity Market," Cambridge Working Papers in Economics 2119, Faculty of Economics, University of Cambridge.
    137. Gasmi, Farid & Oviedo, Juan Daniel, 2010. "Investment in transport infrastructure, regulation, and gas-gas competition," Energy Economics, Elsevier, vol. 32(3), pages 726-736, May.
    138. Nardi, Paolo, 2012. "Transmission network unbundling and grid investments: Evidence from the UCTE countries," Utilities Policy, Elsevier, vol. 23(C), pages 50-58.
    139. Poletti, Steve, 2009. "Government procurement of peak capacity in the New Zealand electricity market," Energy Policy, Elsevier, vol. 37(9), pages 3409-3417, September.
    140. Haas, R. & Auer, H., 2006. "The prerequisites for effective competition in restructured wholesale electricity markets," Energy, Elsevier, vol. 31(6), pages 857-864.
    141. Blázquez de Paz, Mario, 2019. "Redispatch in Zonal Pricing Electricity Markets," Working Paper Series 1278, Research Institute of Industrial Economics.
    142. Alexander Zerrahn & Daniel Huppmann, 2017. "Network Expansion to Mitigate Market Power," Networks and Spatial Economics, Springer, vol. 17(2), pages 611-644, June.
    143. Blázquez de Paz, Mario, 2015. "Transmission Costs, Transmission Capacities and their Influence on Market Power in Wholesale Electricity Markets," Working Paper Series 1070, Research Institute of Industrial Economics, revised 16 Dec 2015.
    144. Juyong Lee & Youngsang Cho & Yoonmo Koo & Chansoo Park, 2018. "Effects of Market Reform on Facility Investment in Electric Power Industry: Panel Data Analysis of 27 Countries," Sustainability, MDPI, vol. 10(9), pages 1-16, September.
    145. M. Soledad Arellano & Pablo Serra, 2005. "The Competitive Role of the Transmisión System in Price-regulated Power Industries," Documentos de Trabajo 214, Centro de Economía Aplicada, Universidad de Chile.
    146. Gasmi, Farid & Oviedo, Juan Daniel, 2009. "Investment in Transport Infrastructure, and Gas-Gas Competition," TSE Working Papers 09-121, Toulouse School of Economics (TSE).
    147. Chouaib Jouf, 2020. "Asymmetric price transmission along the food marketing chain: A focus on the recent price war," EconomiX Working Papers 2020-1, University of Paris Nanterre, EconomiX.
    148. Laffont, Jean-Jacques & Gasmi, Farid & Oviedo, Juan Daniel, 2003. "Regional Market Power and Transport Capacity in the Gas Industry," IDEI Working Papers 218, Institut d'Économie Industrielle (IDEI), Toulouse.
    149. Bunn, Derek & Koc, Veli & Sapio, Alessandro, 2015. "Resource externalities and the persistence of heterogeneous pricing behavior in an energy commodity market," Energy Economics, Elsevier, vol. 48(C), pages 265-275.
    150. Creti, Anna & Fumagalli, Eileen & Fumagalli, Elena, 2010. "Integration of electricity markets in Europe: Relevant issues for Italy," Energy Policy, Elsevier, vol. 38(11), pages 6966-6976, November.
    151. Corsatea, Teodora Diana & Giaccaria, Sergio & Covrig, Catalin-Felix & Zaccarelli, Nicola & Ardelean, Mircea, 2016. "RES diffusion and R&D investments in the flexibilisation of the European electricity networks," Renewable and Sustainable Energy Reviews, Elsevier, vol. 55(C), pages 1069-1082.
    152. Bresesti, Paola & Calisti, Roberto & Cazzol, Maria Vittoria & Gatti, Antonio & Provenzano, Dario & Vaiani, Andrea & Vailati, Riccardo, 2009. "The benefits of transmission expansions in the competitive electricity markets," Energy, Elsevier, vol. 34(3), pages 274-280.
    153. Dijk, J. & Willems, Bert, 2011. "The effect of counter-trading on competition in electricity markets," Other publications TiSEM 4bcaff5c-737d-44c7-af8a-a, Tilburg University, School of Economics and Management.
    154. Alfredo Garcia & Ennio Stacchetti, 2011. "Investment dynamics in electricity markets," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 46(2), pages 149-187, February.
    155. Woo, Chi-Keung & Lloyd, Debra & Tishler, Asher, 2003. "Electricity market reform failures: UK, Norway, Alberta and California," Energy Policy, Elsevier, vol. 31(11), pages 1103-1115, September.
    156. Groppi, Angelamaria & Fumagalli, Elena, 2014. "Network expansion by a proactive transmission system operator: A case study," Energy Policy, Elsevier, vol. 69(C), pages 610-623.
    157. Constant Tra, 2009. "Have Renewable Portfolio Standards Raised Electricity Rates? Evidence from U.S. Electric Utilities," Working Papers 0923, University of Nevada, Las Vegas , Department of Economics.
    158. Blázquez De Paz, Mario, 2017. "Production or Transmission Investments? A Comparative Analysis," Working Paper Series 1158, Research Institute of Industrial Economics.
    159. de Nooij, Michiel, 2011. "Social cost-benefit analysis of electricity interconnector investment: A critical appraisal," Energy Policy, Elsevier, vol. 39(6), pages 3096-3105, June.
    160. Pozo, David & Contreras, Javier & Sauma, Enzo, 2013. "If you build it, he will come: Anticipative power transmission planning," Energy Economics, Elsevier, vol. 36(C), pages 135-146.
    161. Daniel A. Benitez, 2004. "On Quantity Competition and Transmission Constraints in Electricity Market," Econometric Society 2004 Latin American Meetings 98, Econometric Society.
    162. Johnsen, T. A., 2001. "Hydropower generation and storage, transmission contraints and market power1," Utilities Policy, Elsevier, vol. 10(2), pages 63-73, June.
    163. Ruderer, Dominik & Zöttl, Gregor, 2018. "Transmission pricing and investment incentives," Utilities Policy, Elsevier, vol. 55(C), pages 14-30.
    164. Barquin, J. & Boots,M. G. & Ehrenmann, A. & Hobbs, B.F. & Neuhoff, K. & Rijkers, F. A. M., 2004. "Network-constrained models of liberalized electricity markets: the devil is in the details," Cambridge Working Papers in Economics 0405, Faculty of Economics, University of Cambridge.
    165. Bittmann, Thomas & Bronnmann, Julia & Gordon, Daniel V., 2020. "Product differentiation and dynamics of cost pass-through in the German fish market: An error-correction-distance measure approach," Journal of Commodity Markets, Elsevier, vol. 19(C).
    166. Dockner, Engelbert J. & Kucsera, Dénes & Rammerstorfer, Margarethe, 2013. "Investment, firm value, and risk for a system operator balancing energy grids," Energy Economics, Elsevier, vol. 37(C), pages 182-192.
    167. Woo, C.K. & Kollman, E. & Orans, R. & Price, S. & Horii, B., 2008. "Now that California has AMI, what can the state do with it?," Energy Policy, Elsevier, vol. 36(4), pages 1366-1374, April.
    168. Simshauser, Paul & Billimoria, Farhad & Rogers, Craig, 2022. "Optimising VRE capacity in Renewable Energy Zones," Energy Economics, Elsevier, vol. 113(C).
    169. Hakam, Dzikri Firmansyah, 2019. "Mitigating the risk of market power abuse in electricity sector restructuring: Evidence from Indonesia," Utilities Policy, Elsevier, vol. 56(C), pages 181-191.
    170. Blázquez, Mario & Hovdahl, Isabel & Arve, Malin & Bjørndal, Endre & Bjørndal, Mette, 2023. "Guarantees of Origin and Competition in the Spot Electricity Market," Discussion Papers 2023/24, Norwegian School of Economics, Department of Business and Management Science.
    171. Hanee Ryu & Yeonbae Kim & Pilseong Jang & Sergio Aldana, 2020. "Restructuring and Reliability in the Electricity Industry of OECD Countries: Investigating Causal Relations between Market Reform and Power Supply," Energies, MDPI, vol. 13(18), pages 1-16, September.
    172. Lusztig, C. & Feldberg, P. & Orans, R. & Olson, A., 2006. "A survey of transmission tariffs in North America," Energy, Elsevier, vol. 31(6), pages 1017-1039.
    173. Jason P. Martinek & Michael J. Orlando, 2002. "Neither Lucky Nor Good - The Case of Electricity Deregulation in California," The Economic and Social Review, Economic and Social Studies, vol. 33(1), pages 75-82.
    174. Raineri, Ricardo & Contreras, Gonzalo, 2010. "Efficient capacity investment and joint production agreements in an oligopolistic electricity market: The HidroAysén joint venture project," Energy Policy, Elsevier, vol. 38(11), pages 6551-6559, November.
    175. Anette Boom, "undated". "Investments in Electricity Generation Capacity under Different Market Structures with Price Responsive Demand," Papers 016, Departmental Working Papers.
    176. Boom, Anette, 2009. "Vertically integrated firms' investments in electricity generating capacities," International Journal of Industrial Organization, Elsevier, vol. 27(4), pages 544-551, July.
    177. Blázquez De Paz, Mario, 2015. "Auction Performance on Wholesale Electricity Markets in the Presence of Transmission Constraints and Transmission Costs," Working Paper Series 1098, Research Institute of Industrial Economics.
    178. Torstein Bye & Annegrete Bruvoll & Finn Roar Aune, 2006. "The importance of volatility in inflow in a deregulated hydro-dominated power market," Discussion Papers 472, Statistics Norway, Research Department.
    179. Holmberg, P. & Philpott, A.B., 2018. "On supply-function equilibria in radial transmission networks," European Journal of Operational Research, Elsevier, vol. 271(3), pages 985-1000.
    180. Joskow, Paul L & Tirole, Jean, 1999. "Transmission Rights and Market Power on Electric Power Networks I: Financial Rights," CEPR Discussion Papers 2093, C.E.P.R. Discussion Papers.
    181. Chiu, Fan-Ping & Kuo, Hsiao-I. & Chen, Chi-Chung & Hsu, Chia-Sheng, 2015. "The energy price equivalence of carbon taxes and emissions trading—Theory and evidence," Applied Energy, Elsevier, vol. 160(C), pages 164-171.
    182. Helman, Udi, 2006. "Market power monitoring and mitigation in the US wholesale power markets," Energy, Elsevier, vol. 31(6), pages 877-904.
    183. Simona Bigerna, Carlo Andrea Bollino and Paolo Polinori, 2016. "Renewable Energy and Market Power in the Italian Electricity Market," The Energy Journal, International Association for Energy Economics, vol. 0(Bollino-M).
    184. Hélène Le Cadre, 2018. "On the Efficiency of Local Electricity Markets Under Decentralized and Centralized Designs: A Multi-leader Stackelberg Game Analysis," Working Papers hal-01619885, HAL.
    185. Hjalmarsson, Erik, 2000. "Nord Pool: A Power Market Without Market Power," Working Papers in Economics 28, University of Gothenburg, Department of Economics.
    186. James Bushnell, 2003. "A Mixed Complementarity Model of Hydrothermal Electricity Competition in the Western United States," Operations Research, INFORMS, vol. 51(1), pages 80-93, February.
    187. Kumkar, Lars, 2000. "Zur institutionellen Ausgestaltung der Strommarktregulierung: Brauchen wir eine eigenständige Regulierungsbehörde für den Stromtransport?," Kiel Discussion Papers 371, Kiel Institute for the World Economy (IfW Kiel).
    188. Sulamaa, Pekka, . "Essays in Deregulated Finnish and Nordic Electricity Markets," ETLA A, The Research Institute of the Finnish Economy, number 34.
    189. Hesamzadeh, Mohammad R. & Biggar, Darryl R. & Hosseinzadeh, Nasser, 2011. "The TC-PSI indicator for forecasting the potential for market power in wholesale electricity markets," Energy Policy, Elsevier, vol. 39(10), pages 5988-5998, October.
    190. Horowitz, I. & Woo, C.K., 2006. "Designing Pareto-superior demand-response rate options," Energy, Elsevier, vol. 31(6), pages 1040-1051.
    191. Sauma, Enzo E. & Oren, Shmuel S., 2009. "Do generation firms in restructured electricity markets have incentives to support social-welfare-improving transmission investments?," Energy Economics, Elsevier, vol. 31(5), pages 676-689, September.
    192. Anthony Downward, 2010. "Carbon Charges in Electricity Markets with Strategic Behavior and Transmission," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4), pages 159-166.
    193. Guido Pepermans & Bert Willems, 2004. "Ramsey Pricing in a Congested Network with Market Power in Generation: A Numerical Illustration for Belgium," Energy, Transport and Environment Working Papers Series ete0408, KU Leuven, Department of Economics - Research Group Energy, Transport and Environment.
    194. Guo, Nongchao & Lo Prete, Chiara, 2019. "Cross-product manipulation with intertemporal constraints: An equilibrium model," Energy Policy, Elsevier, vol. 134(C).

  35. Borenstein, Severin & Bushnell, James, 2000. "Electricity Restructuring: Deregulation or Reregulation?," Competition Policy Center, Working Paper Series qt22d2q3fn, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.

    Cited by:

    1. Amobi, Marilyn Chikaodili, 2007. "Deregulating the electricity industry in Nigeria: Lessons from the British reform," Socio-Economic Planning Sciences, Elsevier, vol. 41(4), pages 291-304, December.
    2. Yi-chong, Xu, 2006. "The myth of the single solution: electricity reforms and the World Bank," Energy, Elsevier, vol. 31(6), pages 802-814.
    3. Hattori, Toru & Tsutsui, Miki, 2004. "Economic impact of regulatory reforms in the electricity supply industry: a panel data analysis for OECD countries," Energy Policy, Elsevier, vol. 32(6), pages 823-832, April.
    4. Lee, Byoung-Hoon & Ahn, Hyeon-Hyo, 2006. "Electricity industry restructuring revisited: the case of Korea," Energy Policy, Elsevier, vol. 34(10), pages 1115-1126, July.
    5. Ochoa, Camila & van Ackere, Ann, 2015. "Does size matter? Simulating electricity market coupling between Colombia and Ecuador," Renewable and Sustainable Energy Reviews, Elsevier, vol. 50(C), pages 1108-1124.
    6. Lorenzo Rocco, 2002. "Pricing of an Endogenous Peak-Load," Working Papers 54, University of Milano-Bicocca, Department of Economics, revised Aug 2002.
    7. Perez, Eloy, 2007. "A model of vertical integration and investment in generation capacity in electricity markets: The case of the bidding game," Socio-Economic Planning Sciences, Elsevier, vol. 41(4), pages 272-290, December.
    8. J. Boland & J. A. Filar & G. Mohammadian & A. Nazari, 2016. "Australian electricity market and price volatility," Annals of Operations Research, Springer, vol. 241(1), pages 357-372, June.
    9. Bhagwat, Pradyumna C. & Richstein, Jörn C. & Chappin, Emile J.L. & Iychettira, Kaveri K. & Vries, Laurens J. De, 2017. "Cross-border effects of capacity mechanisms in interconnected power systems," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 46, pages 33-47.
    10. Bhagwat, Pradyumna C. & de Vries, Laurens J. & Hobbs, Benjamin F., 2016. "Expert survey on capacity markets in the US: Lessons for the EU," Utilities Policy, Elsevier, vol. 38(C), pages 11-17.
    11. Szőke, Tamás & Hortay, Olivér & Farkas, Richárd, 2021. "Price regulation and supplier margins in the Hungarian electricity markets," Energy Economics, Elsevier, vol. 94(C).
    12. Laura Onofri, 2005. "Electricity Market Restructuring and Energy Contracts: A Critical Note on the EU Commission’s NEA Decision," European Journal of Law and Economics, Springer, vol. 20(1), pages 71-85, July.
    13. Severin Borenstein & James Bushnell, 2015. "The US Electricity Industry After 20 Years of Restructuring," Annual Review of Economics, Annual Reviews, vol. 7(1), pages 437-463, August.
    14. Delmas, Magali & Tokat, Yesim, 2003. "Deregulation Process, Governance Structures and Efficiency: The U.S. Electric Utility Sector," Research Papers 1790, Stanford University, Graduate School of Business.
    15. Marcelo Cabús Klötzle & Fábio Luiz Biagini, 2002. "A Restruturação do Sector Eléctrico Brasileiro: Uma análise comparativa com a Califórnia," FEP Working Papers 115, Universidade do Porto, Faculdade de Economia do Porto.
    16. Burtraw, Dallas & Palmer, Karen & Wilson, Nathan, 2005. "The Impact of Long-Term Generation Contracts on Valuation of Electricity Generating Assets under the Regional Greenhouse Gas Initiative," RFF Working Paper Series dp-05-37, Resources for the Future.
    17. Streeter, Jialu Liu, 2016. "Adoption of SO2 emission control technologies - An application of survival analysis," Energy Policy, Elsevier, vol. 90(C), pages 16-23.
    18. Robert Clark & Andrew Leach, 2005. "Energy Regulation in Quebec," CIRANO Burgundy Reports 2005rb-03, CIRANO.
    19. Shin, Kong Joo & Managi, Shunsuke, 2017. "Liberalization of a retail electricity market: Consumer satisfaction and household switching behavior in Japan," Energy Policy, Elsevier, vol. 110(C), pages 675-685.
    20. Sumei Chen & Lingyun He, 2013. "Deregulation or Governmental Intervention? A Counterfactual Perspective on China's Electricity Market Reform," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 21(4), pages 101-120, July.
    21. Chen, Wei-Ming, 2019. "The U.S. electricity market twenty years after restructuring: A review experience in the state of Delaware," Utilities Policy, Elsevier, vol. 57(C), pages 24-32.
    22. Guo, Peiyang & Li, Victor O.K. & Lam, Jacqueline C.K., 2017. "Smart demand response in China: Challenges and drivers," Energy Policy, Elsevier, vol. 107(C), pages 1-10.
    23. James Bushnell, 2011. "Building Blocks: Investment in Renewable and Nonrenewable Technologies," RSCAS Working Papers 2011/53, European University Institute.
    24. Macatangay, Rafael Emmanuel A., 2001. "Market definition and dominant position abuse under the new electricity trading arrangements in England and Wales," Energy Policy, Elsevier, vol. 29(5), pages 337-340, April.
    25. Ochoa, Camila & Dyner, Isaac & Franco, Carlos J., 2013. "Simulating power integration in Latin America to assess challenges, opportunities, and threats," Energy Policy, Elsevier, vol. 61(C), pages 267-273.
    26. Zhao, Huan, 2011. "Four Market Studies for the Beef and Electric Power Industries," ISU General Staff Papers 201101010800001360, Iowa State University, Department of Economics.
    27. Rodilla, P. & Batlle, C., 2012. "Security of electricity supply at the generation level: Problem analysis," Energy Policy, Elsevier, vol. 40(C), pages 177-185.
    28. Di Maria, Corrado & Lange, Ian & Lazarova, Emiliya, 2018. "A look upstream: Market restructuring, risk, procurement contracts and efficiency," International Journal of Industrial Organization, Elsevier, vol. 57(C), pages 35-83.
    29. Zhen Lei & Chen-Hao Tsai & Andrew N. Kleit, 2017. "Deregulation and Investment in Generation Capacity: Evidence from Nuclear Power Uprates in the United States," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3).
    30. Robert Clark & Andrew Leach, 2005. "La réglementation de l'énergie au Québec," CIRANO Burgundy Reports 2005rb-04, CIRANO.
    31. Polemis, Michael L. & Fafaliou, Irene, 2015. "Electricity regulation and FDIs spillovers in the OECD: A panel data econometric approach," The Journal of Economic Asymmetries, Elsevier, vol. 12(2), pages 110-123.
    32. Aliabadi, Danial Esmaeili & Kaya, Murat & Şahin, Güvenç, 2017. "An agent-based simulation of power generation company behavior in electricity markets under different market-clearing mechanisms," Energy Policy, Elsevier, vol. 100(C), pages 191-205.
    33. Bhagwat, Pradyumna C. & Richstein, Jörn C. & Chappin, Emile J.L. & Iychettira, Kaveri K. & De Vries, Laurens J., 2017. "Cross-border effects of capacity mechanisms in interconnected power systems," Utilities Policy, Elsevier, vol. 46(C), pages 33-47.
    34. Ochoa, Patricia, 2007. "Policy changes in the Swiss electricity market: Analysis of likely market responses," Socio-Economic Planning Sciences, Elsevier, vol. 41(4), pages 336-349, December.
    35. Jaeyong An & P. R. Kumar & Le Xie, 2016. "Dynamic Modeling of Price Responsive Demand in Real-time Electricity Market: Empirical Analysis," Papers 1612.05021, arXiv.org.
    36. POPESCU Maria-Floriana, 2016. "The Volatility Of Oil Prices On Stock Exchanges In The Context Of Recent Events," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 11(1), pages 112-123, April.
    37. Lee, Nathan R., 2020. "When competition plays clean: How electricity market liberalization facilitated state-level climate policies in the United States," Energy Policy, Elsevier, vol. 139(C).
    38. Yang, Yingkui, 2014. "Understanding household switching behavior in the retail electricity market," Energy Policy, Elsevier, vol. 69(C), pages 406-414.
    39. Ochoa, Patricia & van Ackere, Ann, 2009. "Policy changes and the dynamics of capacity expansion in the Swiss electricity market," Energy Policy, Elsevier, vol. 37(5), pages 1983-1998, May.

  36. Borenstein, Severin & Bushnell, James & Knittel, Chris, 1999. "Market Power in Electricity Markets: Beyond Concentration Measures," Staff General Research Papers Archive 31548, Iowa State University, Department of Economics.

    Cited by:

    1. Fotouhi Ghazvini, Mohammad Ali & Canizes, Bruno & Vale, Zita & Morais, Hugo, 2013. "Stochastic short-term maintenance scheduling of GENCOs in an oligopolistic electricity market," Applied Energy, Elsevier, vol. 101(C), pages 667-677.
    2. Rafael Kelman & Luiz Barroso & Mario Pereira, 2005. "Market Power Assessment and Mitigation in Hydrothermal Systems," Game Theory and Information 0508009, University Library of Munich, Germany.
    3. Hach, Daniel & Chyong, Chi Kong & Spinler, Stefan, 2016. "Capacity market design options: A dynamic capacity investment model and a GB case study," European Journal of Operational Research, Elsevier, vol. 249(2), pages 691-705.
    4. Nagl, Stephan, 2013. "The Effect of Weather Uncertainty on the Financial Risk of Green Electricity Producers under Various Renewable Policies," EWI Working Papers 2013-15, Energiewirtschaftliches Institut an der Universitaet zu Koeln (EWI).
    5. Guo, B. & Castagneto Gissey, G., 2019. "Cost Pass-through in the British Wholesale Electricity Market," Cambridge Working Papers in Economics 1997, Faculty of Economics, University of Cambridge.
    6. Sven Heim & Georg Götz, 2013. "Do pay-as-bid auctions favor collusion? - Evidence from Germany’s market for reserve power," MAGKS Papers on Economics 201324, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    7. Shukla, Umesh Kumar & Thampy, Ashok, 2011. "Analysis of competition and market power in the wholesale electricity market in India," Energy Policy, Elsevier, vol. 39(5), pages 2699-2710, May.
    8. Nagl, Stephan, 2013. "Prices vs. Quantities: Incentives for Renewable Power Generation - Numerical Analysis for the European Power Market," EWI Working Papers 2013-4, Energiewirtschaftliches Institut an der Universitaet zu Koeln (EWI).
    9. Willems, Bert & Rumiantseva, I. & Weigt, H., 2007. "Cournot versus Supply Functions : What Does the Data tell us?," Other publications TiSEM d59ac731-8d6c-4cfe-b2d3-0, Tilburg University, School of Economics and Management.
    10. Machiel Mulder, 2015. "Competition in the Dutch Electricity Market: An Empirical Analysis over 2006-2011," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2).
    11. Neuhoff, K., 2002. "Optimal congestion treatment for bilateral electricity trading," Cambridge Working Papers in Economics 0214, Faculty of Economics, University of Cambridge.
    12. Loomis, David & Malm, Eric, 1999. "Active Market Share: measuring competitiveness in retail energy markets," Utilities Policy, Elsevier, vol. 8(4), pages 213-221, December.
    13. Kostas Bimpikis & Shayan Ehsani & Rahmi İlkılıç, 2019. "Cournot Competition in Networked Markets," Management Science, INFORMS, vol. 67(6), pages 2467-2481, June.
    14. Janssen, Matthias & Wobben, Magnus, 2008. "Electricity pricing and market power: Evidence from Germany," CAWM Discussion Papers 9, University of Münster, Münster Center for Economic Policy (MEP).
    15. Maria Kopsakangas-Savolainen, 2003. "Quantity versus Price Competition in the Deregulated Finnish Electricity Markets," Finnish Economic Papers, Finnish Economic Association, vol. 16(2), pages 51-60, Autumn.
    16. Bruno Lanz & Sebastian Rausch, 2015. "Emissions Trading in the Presence of Price-Regulated Polluting Firms: How Costly Are Free Allowances?," CIES Research Paper series 34-2015, Centre for International Environmental Studies, The Graduate Institute.
    17. Brown, David P. & Eckert, Andrew, 2016. "Electricity Market Mergers with Endogenous Forward Contracting," Working Papers 2016-6, University of Alberta, Department of Economics.
    18. Gal, Nurit & Milstein, Irena & Tishler, Asher & Woo, C.K., 2019. "Investment in electricity capacity under fuel cost uncertainty: Dual-fuel and a mix of single-fuel technologies," Energy Policy, Elsevier, vol. 126(C), pages 518-532.
    19. De Vivero-Serrano, Gustavo & Bruninx, Kenneth & Delarue, Erik, 2019. "Implications of bid structures on the offering strategies of merchant energy storage systems," Applied Energy, Elsevier, vol. 251(C), pages 1-1.
    20. Carlo Fezzi & Derek Bunn, 2010. "Structural Analysis of Electricity Demand and Supply Interactions," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 72(6), pages 827-856, December.
    21. Holmberg, Pär, 2005. "Numerical Calculation of an Asymmetric Supply Function Equilibrium with Capacity Constraints," Working Paper Series 2005:12, Uppsala University, Department of Economics.
    22. Ciarreta, Aitor & Nasirov, Shahriyar & Silva, Carlos, 2016. "The development of market power in the Spanish power generation sector: Perspectives after market liberalization," Energy Policy, Elsevier, vol. 96(C), pages 700-710.
    23. Bonacina, Monica & Gulli`, Francesco, 2007. "Electricity pricing under "carbon emissions trading": A dominant firm with competitive fringe model," Energy Policy, Elsevier, vol. 35(8), pages 4200-4220, August.
    24. Correa-Giraldo, Manuel & Garcia-Rendon, John J. & Perez, Alex, 2021. "Strategic behaviors and transfer of wholesale costs to retail prices in the electricity market: Evidence from Colombia," Energy Economics, Elsevier, vol. 99(C).
    25. Ciro Eduardo Bazán Navarro, 2004. "Análisis de la competencia en un mercado mayorista de electricidad: el caso de España," Documentos de trabajo conjunto ULL-ULPGC 2004-04, Facultad de Ciencias Económicas de la ULPGC.
    26. Russell Pittman & Vanessa Yanhua Zhang, 2010. "Electricity Restructuring In China: How Competitive Will Generation Markets Be?," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 55(02), pages 377-400.
    27. Cremer, Helmuth & Laffont, Jean-Jacques, 2002. "Competition in gas markets," European Economic Review, Elsevier, vol. 46(4-5), pages 928-935, May.
    28. Vítor Marques & Adelino Fortunato & Isabel Soares, 2011. "Application of a structural model to a wholesale electricity market: The Spanish market from January 1999 to June 2007," GEMF Working Papers 2011-02, GEMF, Faculty of Economics, University of Coimbra.
    29. Gencer, Busra & Larsen, Erik Reimer & van Ackere, Ann, 2020. "Understanding the coevolution of electricity markets and regulation," Energy Policy, Elsevier, vol. 143(C).
    30. Dae-Wook Kim & Christopher R. Knittel, 2004. "Biases in Static Oligopoly Models? Evidence from the California Electricity Market," NBER Working Papers 10895, National Bureau of Economic Research, Inc.
    31. Daniel Hach & Stefan Spinler, 2018. "Robustness of capacity markets: a stochastic dynamic capacity investment model," OR Spectrum: Quantitative Approaches in Management, Springer;Gesellschaft für Operations Research e.V., vol. 40(2), pages 517-540, March.
    32. Marks, Levi & Mason, Charles & Mohlin, Kristina & Zaragoza-Watkins, Matthew, 2017. "Vertical Market Power in Interconnected Natural Gas and Electricity Markets," RFF Working Paper Series 17-27, Resources for the Future.
    33. Bushnell, James & Mansur, Erin T. & Saravia, Celeste, 2008. "Vertical Arrangements, Market Structure and Competition: An Analysis of Restructured U.S. Electricity Markets," Staff General Research Papers Archive 13130, Iowa State University, Department of Economics.
    34. Severin Borenstein & James Bushnell & Frank Wolak, 2000. "Diagnosing Market Power in California's Restructured Wholesale Electricity Market," NBER Working Papers 7868, National Bureau of Economic Research, Inc.
    35. Karakatsani, Nektaria V. & Bunn, Derek W., 2008. "Forecasting electricity prices: The impact of fundamentals and time-varying coefficients," International Journal of Forecasting, Elsevier, vol. 24(4), pages 764-785.
    36. Pepermans, Guido & Willems, Bert, 2010. "Cost Recovery in Congested Electricity Networks," Working Papers 2010/22, Hogeschool-Universiteit Brussel, Faculteit Economie en Management.
    37. Brown, David P. & Eckert, Andrew, 2016. "Analyzing the Impact of Electricity Market Structure Changes and Mergers: The Importance of Forward Commitments," Working Papers 2016-8, University of Alberta, Department of Economics.
    38. Alfredo Garcia & Enrique Campos-Nañez & James Reitzes, 2005. "Dynamic Pricing and Learning in Electricity Markets," Operations Research, INFORMS, vol. 53(2), pages 231-241, April.
    39. Ferrari, Alessandra & Giulietti, Monica, 2005. "Competition in electricity markets: international experience and the case of Italy," Utilities Policy, Elsevier, vol. 13(3), pages 247-255, September.
    40. Brown, David P. & Eckert, Andrew, 2021. "Analyzing firm behavior in restructured electricity markets: Empirical challenges with a residual demand analysis," International Journal of Industrial Organization, Elsevier, vol. 74(C).
    41. Parry, Ian, 2004. "Fiscal Interactions and the Costs of Controlling Pollution from Electricity," RFF Working Paper Series dp-04-27, Resources for the Future.
    42. Amundsen, Eirik S. & Nese, Gjermund, 2002. "Provision of renewable energy using green certificates: market power and price limits," MPRA Paper 10558, University Library of Munich, Germany.
    43. Bert Willems & Guido Pepermans, 2003. "Regulating transmission in a spatial oligopoly: a numerical illustration for Belgium," Energy, Transport and Environment Working Papers Series ete0314, KU Leuven, Department of Economics - Research Group Energy, Transport and Environment.
    44. David P. Brown & Andrew Eckert & Douglas Silveira, 2023. "Strategic interaction between wholesale and ancillary service markets," Competition and Regulation in Network Industries, , vol. 24(4), pages 174-198, December.
    45. Holmberg, Pär & Newbery, David, 2009. "The Supply Function Equilibrium and Its Policy Implications for Wholesale Electricity Auctions," Working Paper Series 812, Research Institute of Industrial Economics.
    46. C. Robert Clark & Andrew Leach, 2007. "The Potential for Electricity Market Restructuring in Quebec," Canadian Public Policy, University of Toronto Press, vol. 33(1), pages 1-20, March.
    47. Tarufelli, Brittany L., 2021. "Strategic Behavior and Market Design in Regional Climate Policy," SocArXiv x96ge, Center for Open Science.
    48. Sertaç Oruç & Scott Cunningham, 2014. "Transmission Rights to the Electrical Transmission Grid in the Post Liberalization Era," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 5(4), pages 686-705, December.
    49. Gal, Nurit & Milstein, Irena & Tishler, Asher & Woo, C.K., 2017. "Fuel cost uncertainty, capacity investment and price in a competitive electricity market," Energy Economics, Elsevier, vol. 61(C), pages 233-240.
    50. Guido Pepermans & Bert Willems, 2005. "The Potential Impact of Cross-Ownership in Transmission: an Application to the Belgian Electricity Market," Working Papers of Department of Economics, Leuven ces0503, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
    51. Rubin, Ofir & Babcock, Bruce A., 2013. "The Impact of Expansion of Wind Power Capacity and Pricing Methods on the Efficiency of Deregulated Electricity Markets," Staff General Research Papers Archive 37410, Iowa State University, Department of Economics.
    52. Janssen, Matthias & Wobben, Magnus, 2008. "Electricity Pricing and Market Power - Evidence from Germany," MPRA Paper 11400, University Library of Munich, Germany.
    53. Somani, Abhishek, 2012. "Financial risk management and market performance in restructured electric power markets: Theoretical and agent-based test bed studies," ISU General Staff Papers 201201010800003479, Iowa State University, Department of Economics.
    54. Finn R. Førsund, 2007. "Hydropower Economics," International Series in Operations Research and Management Science, Springer, number 978-0-387-73027-1, December.
    55. Akio Matsumoto & Ugo Merlone & Ferenc Szidarovszky, 2012. "Some notes on applying the Herfindahl--Hirschman Index," Applied Economics Letters, Taylor & Francis Journals, vol. 19(2), pages 181-184, February.
    56. Vazquez, Miguel & Hallack, Michelle, 2015. "Interaction between gas and power market designs," Utilities Policy, Elsevier, vol. 33(C), pages 23-33.
    57. Matthias Janssen & Magnus Wobben, "undated". "Electricity Pricing and Market Power - Evidence from Germany," Working Papers 200121, Institute of Spatial and Housing Economics, Munster Universitary.
    58. Pär Holmberg & Andy Philpott, 2014. "Supply function equilibria in transportation networks," Working Papers EPRG 1401, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    59. Borenstein, Severin & Bushnell, James & Wolak, Frank, 1999. "Diagnosing Market Power in California's Deregulated Wholesale Electricity Market," Competition Policy Center, Working Paper Series qt3rx965d5, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
    60. Pittman, Russell, 2007. "Restructuring the Russian electricity sector: Re-creating California?," Energy Policy, Elsevier, vol. 35(3), pages 1872-1883, March.
    61. Müller, Raphael & Spengel, Christoph & Weck, Stefan, 2021. "How do investors value the publication of tax information? Evidence from the European public country-by-country reporting," ZEW Discussion Papers 21-077, ZEW - Leibniz Centre for European Economic Research.
    62. Vítor Marques & Isabel Soares & Adelino Fortunato, 2012. "Application of a Structural Model to the Spanish Electricity Wholesale Market," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 65-108.
    63. Rafal Weron, 2006. "Modeling and Forecasting Electricity Loads and Prices: A Statistical Approach," HSC Books, Hugo Steinhaus Center, Wroclaw University of Technology, number hsbook0601.
    64. Liu, Shuangquan & Yang, Qiang & Cai, Huaxiang & Yan, Minghui & Zhang, Maolin & Wu, Dianning & Xie, Mengfei, 2019. "Market reform of Yunnan electricity in southwestern China: Practice, challenges and implications," Renewable and Sustainable Energy Reviews, Elsevier, vol. 113(C), pages 1-1.
    65. Petr Spodniak & Mikael Collan & Mari Makkonen, 2017. "On Long-Term Transmission Rights in the Nordic Electricity Markets," Energies, MDPI, vol. 10(3), pages 1-19, March.
    66. Massey, Patrick, 2004. "Is Irish Utility Regulation Failing Consumers?," Quarterly Economic Commentary: Special Articles, Economic and Social Research Institute (ESRI), vol. 2004(4-Winter), pages 1-18.
    67. Weron, Rafał, 2014. "Electricity price forecasting: A review of the state-of-the-art with a look into the future," International Journal of Forecasting, Elsevier, vol. 30(4), pages 1030-1081.
    68. Vítor Marques & Adelino Fortunato & Isabel Soares, 2012. "Can Structural Models be Useful to Understand the Electricity Wholesale Markets? An Application to Spain," Chapters, in: Joseph E. Harrington Jr & Yannis Katsoulacos (ed.), Recent Advances in the Analysis of Competition Policy and Regulation, chapter 15, Edward Elgar Publishing.
    69. Lanz, Bruno & Rausch, Sebastian, 2012. "Cap-and-Trade Climate Policies with Price-Regulated Firms: How Costly Are Free Allowances?," Conference papers 332267, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    70. Ribó-Pérez, David & Van der Weijde, Adriaan H. & Álvarez-Bel, Carlos, 2019. "Effects of self-generation in imperfectly competitive electricity markets: The case of Spain," Energy Policy, Elsevier, vol. 133(C).
    71. Browne, Oliver & Poletti, Stephen & Young, David, 2015. "How does market power affect the impact of large scale wind investment in 'energy only' wholesale electricity markets?," Energy Policy, Elsevier, vol. 87(C), pages 17-27.
    72. Jacqueline Adelowo & Moritz Bohland, 2022. "Redesigning Automated Market Power Mitigation in Electricity Markets," ifo Working Paper Series 387, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    73. Murry, Donald & Zhu, Zhen, 2008. "Asymmetric price responses, market integration and market power: A study of the U.S. natural gas market," Energy Economics, Elsevier, vol. 30(3), pages 748-765, May.
    74. Amundsen, Eirik S. & Nese, Gjermund, 2004. "Market power in interactive environmental and energy markets: The case of Green Certificates," Working Papers in Economics 14/04, University of Bergen, Department of Economics.
    75. Derek W. Bunn & Fernando S. Oliveira, 2008. "Modeling the Impact of Market Interventions on the Strategic Evolution of Electricity Markets," Operations Research, INFORMS, vol. 56(5), pages 1116-1130, October.
    76. John R. Birge & Ali Hortaçsu & J. Michael Pavlin, 2017. "Inverse Optimization for the Recovery of Market Structure from Market Outcomes: An Application to the MISO Electricity Market," Operations Research, INFORMS, vol. 65(4), pages 837-855, August.
    77. Karakatsani, Nektaria V. & Bunn, Derek W., 2008. "Intra-day and regime-switching dynamics in electricity price formation," Energy Economics, Elsevier, vol. 30(4), pages 1776-1797, July.
    78. Holmberg, Pär & Philpott, Andrew, 2012. "Supply Function Equilibria in Networks with Transport Constraints," Working Paper Series 945, Research Institute of Industrial Economics, revised 10 Aug 2015.
    79. Bohland, Moritz & Schwenen, Sebastian, 2022. "Renewable support and strategic pricing in electricity markets," International Journal of Industrial Organization, Elsevier, vol. 80(C).
    80. Sirin, Selahattin Murat & Uz, Dilek & Sevindik, Irem, 2022. "How do variable renewable energy technologies affect firm-level day-ahead output decisions: Evidence from the Turkish wholesale electricity market," Energy Economics, Elsevier, vol. 112(C).
    81. Mulder, Machiel & Schoonbeek, Lambert, 2013. "Decomposing changes in competition in the Dutch electricity market through the residual supply index," Energy Economics, Elsevier, vol. 39(C), pages 100-107.
    82. Arellano, M.S., 2003. "Diagnosing and Mitigating Market Power in Chile’s Electricity Industry," Cambridge Working Papers in Economics 0327, Faculty of Economics, University of Cambridge.
    83. Berry, Carolyn A. & Hobbs, Benjamin F. & Meroney, William A. & O'Neill, Richard P. & StewartJr, William R., 1999. "Understanding how market power can arise in network competition: a game theoretic approach," Utilities Policy, Elsevier, vol. 8(3), pages 139-158, September.
    84. Bye, Torstein & Bruvoll, Annegrete & Aune, Finn Roar, 2008. "Inflow shortages in deregulated power markets -- Reasons for concern?," Energy Economics, Elsevier, vol. 30(4), pages 1693-1711, July.
    85. Elbia Vinhaes, 2003. "Estrutura de Governança e Comportamento Estratégico em Sistemas Elétricos Reestruturados: uma Abordagem Institucional do Poder de Mercado na Indústria de Energia Elétrica Brasileira," Anais do XXXI Encontro Nacional de Economia [Proceedings of the 31st Brazilian Economics Meeting] d09, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    86. Carraretto, Cristian & Lazzaretto, Andrea, 2004. "A dynamic approach for the optimal electricity dispatch in the deregulated market," Energy, Elsevier, vol. 29(12), pages 2273-2287.
    87. Carraretto, Cristian, 2006. "Power plant operation and management in a deregulated market," Energy, Elsevier, vol. 31(6), pages 1000-1016.
    88. Severin Borenstein & James B. Bushnell & Frank A. Wolak, 2002. "Measuring Market Inefficiencies in California's Restructured Wholesale Electricity Market," American Economic Review, American Economic Association, vol. 92(5), pages 1376-1405, December.
    89. Khan, Muhammad T. & Thopil, George Alex & Lalk, Jorg, 2016. "Review of proposals for practical power sector restructuring and reforms in a dynamic electricity supply industry," Renewable and Sustainable Energy Reviews, Elsevier, vol. 62(C), pages 326-335.
    90. Knittel, Christopher R. & Roberts, Michael R., 2005. "An empirical examination of restructured electricity prices," Energy Economics, Elsevier, vol. 27(5), pages 791-817, September.
    91. Sandsmark, Maria & Tennbakk, Berit, 2010. "Ex post monitoring of market power in hydro dominated electricity markets," Energy Policy, Elsevier, vol. 38(3), pages 1500-1509, March.
    92. Petter Vegard Hansen, 2007. "Inflow Uncertainty in Hydropower Markets," Discussion Papers 520, Statistics Norway, Research Department.
    93. Amundsen, Eirik S. & Nese, Gjermund, 2004. "Market Power in Interactive Environmental and Energy Markets: The case of Green Certificates," MPRA Paper 10559, University Library of Munich, Germany.
    94. Brown, David P. & Eckert, Andrew & Eckert, Heather, 2017. "Carbon Pricing with an Output Subsidy under Imperfect Competition: The Case of Alberta's Restructured Electricity Market," Working Papers 2017-1, University of Alberta, Department of Economics.
    95. Walsh, Darragh & Malaguzzi Valeri, Laura, 2014. "Gaming in the Irish Single Electricity Market and Potential Effects on Wholesale Prices," Papers WP488, Economic and Social Research Institute (ESRI).
    96. Bremberger, Francisca & Gasser, Stephan M. & Kremser, Thomas R. & Rammerstorfer, Margarethe, 2014. "The Impact of EU ETS Price Variations on Germany’s Electricity Production Mix," Die Unternehmung - Swiss Journal of Business Research and Practice, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 68(3), pages 164-180.
    97. Davidson, Carolyn & Steinberg, Daniel, 2013. "Evaluating the impact of third-party price reporting and other drivers on residential photovoltaic price estimates," Energy Policy, Elsevier, vol. 62(C), pages 752-761.
    98. Li, Hongchang & Yu, Kemei & Wang, Kun & Zhang, Anming, 2019. "Market power and its determinants in the Chinese railway industry," Transportation Research Part A: Policy and Practice, Elsevier, vol. 120(C), pages 261-276.
    99. Hagen, Kåre P. & Hansen, Bjørn & Vagstad, Steinar, 2004. "Synergies and non-discriminatory access pricing," Working Papers in Economics 13/04, University of Bergen, Department of Economics.
    100. Daron Acemoglu, Ali Kakhbod, and Asuman Ozdaglar, 2017. "Competition in Electricity Markets with Renewable Energy Sources," The Energy Journal, International Association for Energy Economics, vol. 0(KAPSARC S).
    101. Spodniak, Petr & Bertsch, Valentin, 2017. "Determinants of power spreads in electricity futures markets: A multinational analysis," Papers WP580, Economic and Social Research Institute (ESRI).
    102. Caner zdurak & Veysel Ulusoy, 2017. "Impact of Vertical Integration on Electricity Prices in TurkeyImpact of Vertical Integration on Electricity Prices in Turkey," International Journal of Energy Economics and Policy, Econjournals, vol. 7(3), pages 256-267.
    103. Afsana Yesmin, 2018. "Do competition and development indicators heterogeneously affect risk and capital? Evidence from Asian banks," International Journal of Financial Engineering (IJFE), World Scientific Publishing Co. Pte. Ltd., vol. 5(03), pages 1-18, September.
    104. Bunn, Derek W. & Oliveira, Fernando S., 2007. "Agent-based analysis of technological diversification and specialization in electricity markets," European Journal of Operational Research, Elsevier, vol. 181(3), pages 1265-1278, September.
    105. Nadia Chernenko, 2013. "Market power issues in the reformed Russian electricity supply industry," Cambridge Working Papers in Economics 1358, Faculty of Economics, University of Cambridge.
    106. Pascal da Costa & Bianka Shoai Tehrani, 2013. "An Analysis of the Investment Decisions on the European Electricity Markets, over the 1945-2013 Period," Working Papers hal-00995799, HAL.
    107. Ziga Zarnic, 2010. "From Liberalization Towards Integration: Have Markups of EU Electricity Firms Changed?," LICOS Discussion Papers 26110, LICOS - Centre for Institutions and Economic Performance, KU Leuven.
    108. Elizabeth Armington & Eric Emch & Ken Heyer, 2006. "The Year in Review: Economics at the Antitrust Division, 2005–2006," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 29(4), pages 305-326, December.
    109. Mirza, Faisal Mehmood & Bergland, Olvar, 2012. "Pass-through of wholesale price to the end user retail price in the Norwegian electricity market," Energy Economics, Elsevier, vol. 34(6), pages 2003-2012.
    110. Raineri, Ricardo & Contreras, Gonzalo, 2010. "Efficient capacity investment and joint production agreements in an oligopolistic electricity market: The HidroAysén joint venture project," Energy Policy, Elsevier, vol. 38(11), pages 6551-6559, November.
    111. Jun Dong & Dongran Liu & Xihao Dou & Bo Li & Shiyao Lv & Yuzheng Jiang & Tongtao Ma, 2021. "Key Issues and Technical Applications in the Study of Power Markets as the System Adapts to the New Power System in China," Sustainability, MDPI, vol. 13(23), pages 1-29, December.
    112. Walsh, Darragh & Malaguzzi Valeri, Laura & Di Cosmo, Valeria, 2016. "Strategic bidding, wind ownership and regulation in a decentralised electricity market," MPRA Paper 71502, University Library of Munich, Germany.
    113. Kosnik, Lea, 2008. "Consolidation and ownership trends of nonfederal hydropower generating assets, 1980-2003," Energy Economics, Elsevier, vol. 30(3), pages 715-731, May.
    114. Bunn, Derek W. & Oliveira, Fernando S., 2016. "Dynamic capacity planning using strategic slack valuation," European Journal of Operational Research, Elsevier, vol. 253(1), pages 40-50.
    115. Torstein Bye & Annegrete Bruvoll & Finn Roar Aune, 2006. "The importance of volatility in inflow in a deregulated hydro-dominated power market," Discussion Papers 472, Statistics Norway, Research Department.
    116. Katarina Valaskova & Marek Durica & Maria Kovacova & Elena Gregova & George Lazaroiu, 2019. "Oligopolistic Competition among Providers in the Telecommunication Industry: The Case of Slovakia," Administrative Sciences, MDPI, vol. 9(3), pages 1-15, June.
    117. Guo, Bowei & Weeks, Melvyn, 2022. "Dynamic tariffs, demand response, and regulation in retail electricity markets," Energy Economics, Elsevier, vol. 106(C).
    118. Ali Kakhbod & Asuman Ozdaglar & Ian Schneider, 2018. "Selling Wind," Papers 1812.11420, arXiv.org.
    119. Nidhi Kaikar & Goutam Dutta & Debamanyu Das & Subhashree Banerjee, 2021. "Time-of-use pricing of electricity in monopoly and oligopoly," OPSEARCH, Springer;Operational Research Society of India, vol. 58(1), pages 1-28, March.
    120. Fernández, Mauricio & Muñoz, Francisco D. & Moreno, Rodrigo, 2020. "Analysis of imperfect competition in natural gas supply contracts for electric power generation: A closed-loop approach," Energy Economics, Elsevier, vol. 87(C).
    121. Helman, Udi, 2006. "Market power monitoring and mitigation in the US wholesale power markets," Energy, Elsevier, vol. 31(6), pages 877-904.
    122. Hjalmarsson, Erik, 2000. "Nord Pool: A Power Market Without Market Power," Working Papers in Economics 28, University of Gothenburg, Department of Economics.
    123. Gullì, F., 2003. "Distributed Generation versus Centralised Supply: a Social Cost-Benefit Analysis," Cambridge Working Papers in Economics 0336, Faculty of Economics, University of Cambridge.
    124. Chaiken, Benjamin & Duggan, Joseph E. & Sioshansi, Ramteen, 2021. "Paid to produce absolutely nothing? A Nash-Cournot analysis of a proposed power purchase agreement," Energy Policy, Elsevier, vol. 156(C).
    125. Marshall, Luke & Bruce, Anna & MacGill, Iain, 2021. "Assessing wholesale competition in the Australian National Electricity Market," Energy Policy, Elsevier, vol. 149(C).
    126. Ma, Wenliang & Wang, Qiang & Yang, Hangjun & Zhang, Yahua, 2020. "Evaluating the price effects of two airline mergers in China," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 141(C).
    127. Hesamzadeh, Mohammad R. & Biggar, Darryl R. & Hosseinzadeh, Nasser, 2011. "The TC-PSI indicator for forecasting the potential for market power in wholesale electricity markets," Energy Policy, Elsevier, vol. 39(10), pages 5988-5998, October.
    128. Lazzaretto, Andrea & Carraretto, Cristian, 2006. "Optimum production plans for thermal power plants in the deregulated electricity market," Energy, Elsevier, vol. 31(10), pages 1567-1585.
    129. Guido Pepermans & Bert Willems, 2004. "Ramsey Pricing in a Congested Network with Market Power in Generation: A Numerical Illustration for Belgium," Energy, Transport and Environment Working Papers Series ete0408, KU Leuven, Department of Economics - Research Group Energy, Transport and Environment.
    130. Christoph Weissbart, 2018. "Decarbonization of Power Markets under Stability and Fairness: Do They Influence Efficiency?," ifo Working Paper Series 270, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    131. Sapio, Alessandro & Spagnolo, Nicola, 2016. "Price regimes in an energy island: Tacit collusion vs. cost and network explanations," Energy Economics, Elsevier, vol. 55(C), pages 157-172.

  37. Borenstein, Severin & Bushnell, James & Wolak, Frank, 1999. "Diagnosing Market Power in California's Deregulated Wholesale Electricity Market," Competition Policy Center, Working Paper Series qt3rx965d5, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.

    Cited by:

    1. Tin Cheuk Leung & Kwok Ping Ping & Kevin K. Tsui, 2019. "What can deregulators deregulate? The case of electricity," Journal of Regulatory Economics, Springer, vol. 56(1), pages 1-32, August.
    2. Jostein Skaar & Lars Sørgard, 2006. "Temporary Bottlenecks, Hydropower and Acquisitions," Scandinavian Journal of Economics, Wiley Blackwell, vol. 108(3), pages 481-497, October.
    3. Sirin, Selahattin Murat & Erten, Ibrahim, 2022. "Price spikes, temporary price caps, and welfare effects of regulatory interventions on wholesale electricity markets," Energy Policy, Elsevier, vol. 163(C).
    4. Sertaç Oruç & Scott Cunningham, 2014. "Transmission Rights to the Electrical Transmission Grid in the Post Liberalization Era," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 5(4), pages 686-705, December.
    5. Paul L. Joskow, 2001. "California's Electricity Crisis," NBER Working Papers 8442, National Bureau of Economic Research, Inc.
    6. Sirin, Selahattin Murat & Camadan, Ercument & Erten, Ibrahim Etem & Zhang, Alex Hongliang, 2023. "Market failure or politics? Understanding the motives behind regulatory actions to address surging electricity prices," Energy Policy, Elsevier, vol. 180(C).
    7. Joel I. Singer, 2002. "Double Auctions Across a Constrained Transmission Line," Operations Research, INFORMS, vol. 50(3), pages 449-461, June.

  38. Severin Borenstein & James Bushnell, 1998. "An Empirical Analysis of the Potential for Market Power in California's Electricity Industry," NBER Working Papers 6463, National Bureau of Economic Research, Inc.

    Cited by:

    1. Yasui, Yuta & Haraguchi, Junichi, 2018. "Supply function equilibria and nonprofit-maximizing objectives," Economics Letters, Elsevier, vol. 166(C), pages 50-55.
    2. Robert H. Patrick & Frank A. Wolak, 2001. "Estimating the Customer-Level Demand for Electricity Under Real-Time Market Prices," NBER Working Papers 8213, National Bureau of Economic Research, Inc.
    3. Garcia-Diaz, Anton & Marin, Pedro L., 2003. "Strategic bidding in electricity pools with short-lived bids: an application to the Spanish market," International Journal of Industrial Organization, Elsevier, vol. 21(2), pages 201-222, February.
    4. Lee, Daeho & Kim, Yong-Hwa, 2014. "Empirical evidence of network neutrality – The incentives for discrimination," Information Economics and Policy, Elsevier, vol. 29(C), pages 1-9.
    5. Cruise, James R. & Flatley, Lisa & Zachary, Stan, 2018. "Impact of storage competition on energy markets," European Journal of Operational Research, Elsevier, vol. 269(3), pages 998-1012.
    6. Hendrik Bessembinder & Michael L. Lemmon, 2002. "Equilibrium Pricing and Optimal Hedging in Electricity Forward Markets," Journal of Finance, American Finance Association, vol. 57(3), pages 1347-1382, June.
    7. Vives, Xavier, 2008. "Strategic supply function competition with private information," IESE Research Papers D/774, IESE Business School.
    8. Chu, Yin & Chang, Chun-Ping, 2020. "Vertical separation of transmission control and market efficiency in the wholesale electricity market," The North American Journal of Economics and Finance, Elsevier, vol. 51(C).
    9. Janssen, Matthias & Wobben, Magnus, 2008. "Electricity pricing and market power: Evidence from Germany," CAWM Discussion Papers 9, University of Münster, Münster Center for Economic Policy (MEP).
    10. Marta Ferreira Dias & Silvia F. Jorge, 2017. "Market power and integrated regional markets of electricity: a simulation of the MIBEL," International Journal of Economic Sciences, International Institute of Social and Economic Sciences, vol. 6(2), pages 45-67, November.
    11. Michel Berthélemy & Petyo Bonev & Damien Dussaux & Magnus Söderberg, 2018. "Methods for strengthening a weak instrument in the case of a persistent treatment," Post-Print hal-01829558, HAL.
    12. Newbery, David M. & Greve, Thomas, 2017. "The strategic robustness of oligopoly electricity market models," Energy Economics, Elsevier, vol. 68(C), pages 124-132.
    13. Li, Gong & Shi, Jing & Qu, Xiuli, 2011. "Modeling methods for GenCo bidding strategy optimization in the liberalized electricity spot market–A state-of-the-art review," Energy, Elsevier, vol. 36(8), pages 4686-4700.
    14. Genc, Talat S. & Aydemir, Abdurrahman, 2017. "Power trade, welfare, and air quality," Energy Economics, Elsevier, vol. 67(C), pages 423-438.
    15. Klaus Gugler & Adhurim Haxhimusa, 2016. "Cross-Border Technology Differences and Trade Barriers: Evidence from German and French Electricity Markets," Department of Economics Working Papers wuwp237, Vienna University of Economics and Business, Department of Economics.
    16. James Bushnell, 2007. "Oligopoly equilibria in electricity contract markets," Journal of Regulatory Economics, Springer, vol. 32(3), pages 225-245, December.
    17. Carlo Fezzi & Derek Bunn, 2010. "Structural Analysis of Electricity Demand and Supply Interactions," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 72(6), pages 827-856, December.
    18. Ciarreta, Aitor & Nasirov, Shahriyar & Silva, Carlos, 2016. "The development of market power in the Spanish power generation sector: Perspectives after market liberalization," Energy Policy, Elsevier, vol. 96(C), pages 700-710.
    19. Juan ToroNatalia Fabra & Universidad Carlos III de Madrid, 2002. "Price Wars and Collusion in the Spanish Electricity Market," Economics Series Working Papers 136, University of Oxford, Department of Economics.
    20. Wolf-Peter Schill & Claudia Kemfert, 2009. "The Effect of Market Power on Electricity Storage Utilization: The Case of Pumped Hydro Storage in Germany," Discussion Papers of DIW Berlin 947, DIW Berlin, German Institute for Economic Research.
    21. Le Coq, Chloé, 2003. "Long-Term Supply Contracts and Collusion in the Electricity Markets," SSE/EFI Working Paper Series in Economics and Finance 552, Stockholm School of Economics.
    22. Tran Dang Khoa, 2018. "Market Efficiency and Market Power in Vietnam Competitive Generation Market," International Journal of Energy Economics and Policy, Econjournals, vol. 8(1), pages 181-189.
    23. Genc, Talat S., 2016. "Measuring demand responses to wholesale electricity prices using market power indices," Energy Economics, Elsevier, vol. 56(C), pages 247-260.
    24. Evans, Lewis & Guthrie, Graeme & Lu, Andrea, 2013. "The role of storage in a competitive electricity market and the effects of climate change," Energy Economics, Elsevier, vol. 36(C), pages 405-418.
    25. Rubin, Ofir D. & Babcock, Bruce A., 2011. "A novel approach for modeling deregulated electricity markets," Energy Policy, Elsevier, vol. 39(5), pages 2711-2721, May.
    26. Milstein, Irena & Tishler, Asher, 2012. "The inevitability of capacity underinvestment in competitive electricity markets," Energy Economics, Elsevier, vol. 34(1), pages 62-77.
    27. Alex Perez & Jaime Carabali & Julian Benavides-Franco, 2022. "Competition and Merit Order Effect in the Colombian Electricity Market," International Journal of Energy Economics and Policy, Econjournals, vol. 12(1), pages 144-155.
    28. Maria Chiara D'Errico & Carlo Andrea Bollino, 2015. "Bayesian Analysis of Demand Elasticity in the Italian Electricity Market," Sustainability, MDPI, vol. 7(9), pages 1-22, September.
    29. E. J. Anderson & A. B. Philpott, 2002. "Using Supply Functions for Offering Generation into an Electricity Market," Operations Research, INFORMS, vol. 50(3), pages 477-489, June.
    30. Klumpp, Tilman & Su, Xuejuan, 2013. "Strategic Investments under Open Access: Theory and Evidence," Working Papers 2013-2, University of Alberta, Department of Economics.
    31. Mel T. Devine & Valentin Bertsch, 2023. "The role of demand response in mitigating market power: a quantitative analysis using a stochastic market equilibrium model," OR Spectrum: Quantitative Approaches in Management, Springer;Gesellschaft für Operations Research e.V., vol. 45(2), pages 555-597, June.
    32. Federico Boffa & Viswanath Pingali & Davide Vannoni, 2009. "Increasing Market Interconnection: An analysis of the Italian Electricity Spot Market," Working papers 04, Former Department of Economics and Public Finance "G. Prato", University of Torino.
    33. Christian Growitsch & Harald Hecking & Timo Panke, 2014. "Supply Disruptions and Regional Price Effects in a Spatial Oligopoly—An Application to the Global Gas Market," Review of International Economics, Wiley Blackwell, vol. 22(5), pages 944-975, November.
    34. Vazquez, Miguel & Hallack, Michelle, 2018. "The role of regulatory learning in energy transition: The case of solar PV in Brazil," Energy Policy, Elsevier, vol. 114(C), pages 465-481.
    35. Jorge Balat & Juan E. Carranza & Juan D. Martin, 2015. "Dynamic and Strategic Behavior in Hydropower-Dominated Electricity Markets: Empirical Evidence for Colombia," Borradores de Economia 886, Banco de la Republica de Colombia.
    36. Marks, Levi & Mason, Charles & Mohlin, Kristina & Zaragoza-Watkins, Matthew, 2017. "Vertical Market Power in Interconnected Natural Gas and Electricity Markets," RFF Working Paper Series 17-27, Resources for the Future.
    37. Milstein, Irena & Tishler, Asher, 2015. "Can price volatility enhance market power? The case of renewable technologies in competitive electricity markets," Resource and Energy Economics, Elsevier, vol. 41(C), pages 70-90.
    38. Pepermans, Guido & Willems, Bert, 2010. "Cost Recovery in Congested Electricity Networks," Working Papers 2010/22, Hogeschool-Universiteit Brussel, Faculteit Economie en Management.
    39. Victor F. Moutinho & António C. Moreira & João Paulo C. Bento, 2018. "Strategic decisions on bilateral bidding behavior: evidence from a wholesale electricity market," Empirical Economics, Springer, vol. 54(3), pages 1353-1387, May.
    40. Russell Pittman & Vanessa Yanhua Zhang, 2008. "Electricity Restructuring in China: The Elusive Quest for Competition," EAG Discussions Papers 200805, Department of Justice, Antitrust Division.
    41. Marc Escrihuela‐Villar & Carlos Gutiérrez‐Hita & José Vicente‐Pérez, 2020. "Supply function competition in a mixed electric power market," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 22(4), pages 1151-1175, August.
    42. Hattori, Toru & Tsutsui, Miki, 2004. "Economic impact of regulatory reforms in the electricity supply industry: a panel data analysis for OECD countries," Energy Policy, Elsevier, vol. 32(6), pages 823-832, April.
    43. Ian Sheldon & Steve McCorriston, 2012. "Climate policy and border tax adjustments: Might industrial organization matter?," EconoQuantum, Revista de Economia y Finanzas, Universidad de Guadalajara, Centro Universitario de Ciencias Economico Administrativas, Departamento de Metodos Cuantitativos y Maestria en Economia., vol. 9(2), pages 7-28, Julio-Dic.
    44. Brown, David P. & Eckert, Andrew, 2016. "Analyzing the Impact of Electricity Market Structure Changes and Mergers: The Importance of Forward Commitments," Working Papers 2016-8, University of Alberta, Department of Economics.
    45. Alfredo Garcia & Enrique Campos-Nañez & James Reitzes, 2005. "Dynamic Pricing and Learning in Electricity Markets," Operations Research, INFORMS, vol. 53(2), pages 231-241, April.
    46. Kopsakangas Savolainen, Maria & Svento, Rauli, 2012. "Real-Time Pricing in the Nordic Power markets," Energy Economics, Elsevier, vol. 34(4), pages 1131-1142.
    47. Neuhoff, K., 2003. "Integrating Transmission and Energy Markets Mitigates Market Power," Cambridge Working Papers in Economics 0310, Faculty of Economics, University of Cambridge.
    48. Lee, Byoung-Hoon & Ahn, Hyeon-Hyo, 2006. "Electricity industry restructuring revisited: the case of Korea," Energy Policy, Elsevier, vol. 34(10), pages 1115-1126, July.
    49. Parry, Ian, 2004. "Fiscal Interactions and the Costs of Controlling Pollution from Electricity," RFF Working Paper Series dp-04-27, Resources for the Future.
    50. Amundsen, Eirik S. & Nese, Gjermund, 2002. "Provision of renewable energy using green certificates: market power and price limits," MPRA Paper 10558, University Library of Munich, Germany.
    51. Twomey, P. & Green, R. & Neuhoff, K. & Newbery, D., 2005. "A Review of the Monitoring of Market Power The Possible Roles of TSOs in Monitoring for Market Power Issues in Congested Transmission Systems," Cambridge Working Papers in Economics 0504, Faculty of Economics, University of Cambridge.
    52. David P. Brown & Andrew Eckert & Douglas Silveira, 2023. "Strategic interaction between wholesale and ancillary service markets," Competition and Regulation in Network Industries, , vol. 24(4), pages 174-198, December.
    53. Holmberg, Pär & Newbery, David, 2009. "The Supply Function Equilibrium and Its Policy Implications for Wholesale Electricity Auctions," Working Paper Series 812, Research Institute of Industrial Economics.
    54. Rajnish Kamat & Shmuel Oren, 2004. "Two-settlement Systems for Electricity Markets under Network Uncertainty and Market Power," Journal of Regulatory Economics, Springer, vol. 25(1), pages 5-37, January.
    55. Mou, Dunguo, 2014. "Understanding China’s electricity market reform from the perspective of the coal-fired power disparity," Energy Policy, Elsevier, vol. 74(C), pages 224-234.
    56. Neuhoff, K. & Newbery, D., 2004. "Integrating Energy Markets: Does Sequencing Matter?," Cambridge Working Papers in Economics 0442, Faculty of Economics, University of Cambridge.
    57. Lagarto, João & Sousa, Jorge A.M. & Martins, Álvaro & Ferrão, Paulo, 2014. "Market power analysis in the Iberian electricity market using a conjectural variations model," Energy, Elsevier, vol. 76(C), pages 292-305.
    58. Al-Agtash, Salem Y., 2010. "Supply curve bidding of electricity in constrained power networks," Energy, Elsevier, vol. 35(7), pages 2886-2892.
    59. Lundin, Erik, 2016. "Market Power and Joint Ownership: Evidence from Nuclear Plants in Sweden," Working Paper Series 1113, Research Institute of Industrial Economics, revised 04 Nov 2019.
    60. Stephen Poletti & Julian Wright, 2020. "Real‐Time Pricing and Imperfect Competition in Electricity Markets," Journal of Industrial Economics, Wiley Blackwell, vol. 68(1), pages 93-135, March.
    61. Evans, Lewis & lu, Yinjia (Andrea) & Guthrie, Graeme, 2010. "A New Zealand Electricity Market Model: Assessment of the effect of climate change on electricity production and consumption," Working Paper Series 19161, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
    62. Michael Böheim & Klaus S. Friesenbichler & Susanne Sieber, 2006. "Teilstudie 19: Wettbewerb und Regulierung," WIFO Studies, WIFO, number 27458, Juni.
    63. Olsen, Ole Jess & Amundsen, Eirik S. & Donslund, Bjarne, 2006. "How to play the game as the bridge between two European power markets--the case of Western Denmark," Energy Policy, Elsevier, vol. 34(17), pages 3293-3304, November.
    64. Abolmassov Aleksandr & Kolodin Denis, 2003. "Structural changes in Russian electricity market," EERC Working Paper Series 01-016e, EERC Research Network, Russia and CIS.
    65. Lynne Kiesling & Bart Wilson, 2007. "An experimental analysis of the effects of automated mitigation procedures on investment and prices in wholesale electricity markets," Journal of Regulatory Economics, Springer, vol. 31(3), pages 313-334, June.
    66. David Andrés-Cerezo & Natalia Fabra, 2020. "Storing Power: Market Structure Matters," Working Papers EPRG2038, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    67. Perez, Eloy, 2007. "A model of vertical integration and investment in generation capacity in electricity markets: The case of the bidding game," Socio-Economic Planning Sciences, Elsevier, vol. 41(4), pages 272-290, December.
    68. Nicholas Shunda, 2005. "Strategic Behavior in Day-Ahead and Real-Time Markets for Electricity: Offer Cost or Payment Cost Minimization?," Working papers 2005-48, University of Connecticut, Department of Economics.
    69. Edward J. Anderson & Xinmin Hu, 2008. "Finding Supply Function Equilibria with Asymmetric Firms," Operations Research, INFORMS, vol. 56(3), pages 697-711, June.
    70. Rubin, Ofir & Babcock, Bruce A., 2013. "The Impact of Expansion of Wind Power Capacity and Pricing Methods on the Efficiency of Deregulated Electricity Markets," Staff General Research Papers Archive 37410, Iowa State University, Department of Economics.
    71. Janssen, Matthias & Wobben, Magnus, 2008. "Electricity Pricing and Market Power - Evidence from Germany," MPRA Paper 11400, University Library of Munich, Germany.
    72. Catherine D. Wolfram, 1999. "Measuring Duopoly Power in the British Electricity Spot Market," American Economic Review, American Economic Association, vol. 89(4), pages 805-826, September.
    73. Mendes, Carla & Soares, Isabel, 2014. "Renewable energies impacting the optimal generation mix: The case of the Iberian Electricity Market," Energy, Elsevier, vol. 69(C), pages 23-33.
    74. Matthias Janssen & Magnus Wobben, "undated". "Electricity Pricing and Market Power - Evidence from Germany," Working Papers 200121, Institute of Spatial and Housing Economics, Munster Universitary.
    75. Paul Simshauser & Thao Doan, 2009. "Emissions Trading, Wealth Transfers and the Wounded Bull Scenario in Power Generation," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 42(1), pages 64-83, March.
    76. Pittman, Russell, 2007. "Restructuring the Russian electricity sector: Re-creating California?," Energy Policy, Elsevier, vol. 35(3), pages 1872-1883, March.
    77. Dressler, Luisa, 2016. "Support schemes for renewable electricity in the European Union: Producer strategies and competition," Energy Economics, Elsevier, vol. 60(C), pages 186-196.
    78. Vítor Marques & Isabel Soares & Adelino Fortunato, 2012. "Application of a Structural Model to the Spanish Electricity Wholesale Market," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 65-108.
    79. Jordi Brandts & Ayça Ebru, 2006. "Entry and Market Selection of Firms: A Laboratory Study," Working Papers 299, Barcelona School of Economics.
    80. Kamiński, Jacek, 2012. "The development of market power in the Polish power generation sector: A 10-year perspective," Energy Policy, Elsevier, vol. 42(C), pages 136-147.
    81. Quick, David M. & Carey, Janis M., 2002. "Transmission capacity and market power: the effect on a dominant generation firm," Energy Policy, Elsevier, vol. 30(8), pages 699-708, June.
    82. James Wesley Burnett & Xueting Zhao, 2017. "Spatially Explicit Prediction of Wholesale Electricity Prices," International Regional Science Review, , vol. 40(2), pages 99-140, March.
    83. Rahimiyan, Morteza & Rajabi Mashhadi, Habib, 2010. "Evaluating the efficiency of divestiture policy in promoting competitiveness using an analytical method and agent-based computational economics," Energy Policy, Elsevier, vol. 38(3), pages 1588-1595, March.
    84. Lucas Davis & Catherine Hausman, 2014. "The Value of Transmission in Electricity Markets: Evidence from a Nuclear Power Plant Closure," NBER Working Papers 20186, National Bureau of Economic Research, Inc.
    85. Michael Böheim, 2005. "Competition and Competition Policy in the Austrian Electricity Market. A Critical Review Four Years after Market Liberalisation," Austrian Economic Quarterly, WIFO, vol. 10(4), pages 150-167, December.
    86. Suarez, Carlos, 2022. "Private management and strategic bidding behavior in electricity markets: Evidence from Colombia," Energy Economics, Elsevier, vol. 111(C).
    87. Christian Schultz, 2005. "Virtual Capacity and Competition," CESifo Working Paper Series 1487, CESifo.
    88. Carpio, Lucio Guido Tapia & Pereira, Amaro Jr., 2007. "Economical efficiency of coordinating the generation by subsystems with the capacity of transmission in the Brazilian market of electricity," Energy Economics, Elsevier, vol. 29(3), pages 454-466, May.
    89. Tamaschke, R. & Docwra, G. & Stillman, R., 2005. "Measuring market power in electricity generation: A long-term perspective using a programming model," Energy Economics, Elsevier, vol. 27(2), pages 317-335, March.
    90. Carlos Suarez, 2021. "Private management and strategic bidding behavior in electricity markets: Evidence from Colombia," IREA Working Papers 202102, University of Barcelona, Research Institute of Applied Economics, revised Jan 2021.
    91. Amundsen, Eirik S. & Nese, Gjermund, 2004. "Market power in interactive environmental and energy markets: The case of Green Certificates," Working Papers in Economics 14/04, University of Bergen, Department of Economics.
    92. Rubin, Ofir David, 2010. "Equilibrium pricing in electricity markets with wind power," ISU General Staff Papers 201001010800002361, Iowa State University, Department of Economics.
    93. Meredith Fowlie, 2008. "Incomplete Environmental Regulation, Imperfect Competition, and Emissions Leakage," NBER Working Papers 14421, National Bureau of Economic Research, Inc.
    94. O'Neill, Richard P. & Sotkiewicz, Paul M. & Hobbs, Benjamin F. & Rothkopf, Michael H. & Stewart, William R., 2005. "Efficient market-clearing prices in markets with nonconvexities," European Journal of Operational Research, Elsevier, vol. 164(1), pages 269-285, July.
    95. Derek W. Bunn & Fernando S. Oliveira, 2008. "Modeling the Impact of Market Interventions on the Strategic Evolution of Electricity Markets," Operations Research, INFORMS, vol. 56(5), pages 1116-1130, October.
    96. Brown, David P. & Eckert, Andrew & Silveira, Douglas, 2023. "Screening for Collusion in Wholesale Electricity Markets: A Review of the Literature," Working Papers 2023-7, University of Alberta, Department of Economics.
    97. Genc, Talat S. & Thille, Henry & ElMawazini, Khaled, 2020. "Dynamic competition in electricity markets under uncertainty," Energy Economics, Elsevier, vol. 90(C).
    98. He, Qiao-Chu & Yang, Yun & Bai, Lingquan & Zhang, Baosen, 2020. "Smart energy storage management via information systems design," Energy Economics, Elsevier, vol. 85(C).
    99. Paizs, László & Mészáros, Mátyás Tamás, 2003. "Piachatalmi problémák modellezése a dereguláció utáni magyar áramtermelő piacon [Modelling problems of market power on the Hungarian electricity-generation market after deregulation]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(9), pages 735-764.
    100. John Morris, 2000. "Finding Market Power in Electric Power Markets," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 7(2), pages 167-178.
    101. Michael Pahle, Kai Lessmann, Ottmar Edenhofer, and Nico Bauer, 2013. "Investments in Imperfect Power Markets under Carbon Pricing: A Case Study Based Analysis," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
    102. Hopkins, Caroline A., 2020. "Convergence bids and market manipulation in the California electricity market," Energy Economics, Elsevier, vol. 89(C).
    103. Berry, Carolyn A. & Hobbs, Benjamin F. & Meroney, William A. & O'Neill, Richard P. & StewartJr, William R., 1999. "Understanding how market power can arise in network competition: a game theoretic approach," Utilities Policy, Elsevier, vol. 8(3), pages 139-158, September.
    104. Ventosa, Mariano & Baillo, Alvaro & Ramos, Andres & Rivier, Michel, 2005. "Electricity market modeling trends," Energy Policy, Elsevier, vol. 33(7), pages 897-913, May.
    105. Dormady, Noah C., 2014. "Carbon auctions, energy markets & market power: An experimental analysis," Energy Economics, Elsevier, vol. 44(C), pages 468-482.
    106. Carraretto, Cristian & Lazzaretto, Andrea, 2004. "A dynamic approach for the optimal electricity dispatch in the deregulated market," Energy, Elsevier, vol. 29(12), pages 2273-2287.
    107. Paul L. Joskow, 1997. "Restructuring, Competition and Regulatory Reform in the U.S. Electricity Sector," Journal of Economic Perspectives, American Economic Association, vol. 11(3), pages 119-138, Summer.
    108. Marc Escrihuela-Villar & Carlos Gutiérrez-Hita, 2019. "On competition and welfare enhancing policies in a mixed oligopoly," Journal of Economics, Springer, vol. 126(3), pages 259-274, April.
    109. Carraretto, Cristian, 2006. "Power plant operation and management in a deregulated market," Energy, Elsevier, vol. 31(6), pages 1000-1016.
    110. O'Mahoney, Amy & Denny, Eleanor, 2011. "Electricity Prices and Generator Behaviour in Gross Pool Electricity Markets," MPRA Paper 34847, University Library of Munich, Germany.
    111. Guido Tapia Carpio, Lucio & Olimpio Pereira, Amaro Jr, 2006. "Independent operation by subsystems: Strategic behavior for the Brazilian electricity sector," Energy Policy, Elsevier, vol. 34(17), pages 2964-2976, November.
    112. Carraretto, Cristian & Zigante, Andrea, 2006. "Interaction among competitive producers in the electricity market: An iterative market model for the strategic management of thermal power plants," Energy, Elsevier, vol. 31(15), pages 3145-3158.
    113. Ghaninejad, Mousa, 2020. "عرضه، تقاضا، و پیشنهاد قیمت در بازار برق ایران [Supply, Demand, and Bidding in Iran’s Electricity Market]," MPRA Paper 105340, University Library of Munich, Germany.
    114. Petter Vegard Hansen, 2007. "Inflow Uncertainty in Hydropower Markets," Discussion Papers 520, Statistics Norway, Research Department.
    115. Marc Escrihuela-Villar & Jorge Guillén, 2020. "Innovation and Competition in a Mixed Oligopoly," Hacienda Pública Española / Review of Public Economics, IEF, vol. 234(3), pages 59-74, September.
    116. Amundsen, Eirik S. & Nese, Gjermund, 2004. "Market Power in Interactive Environmental and Energy Markets: The case of Green Certificates," MPRA Paper 10559, University Library of Munich, Germany.
    117. Victor Moutinho & Ant nio Carrizo Moreira & Jorge H. Mota, 2015. "Measuring the Simultaneous Quantity Game in OMEL Spot Electricity Market," International Journal of Energy Economics and Policy, Econjournals, vol. 5(1), pages 305-320.
    118. Jiranyakul, Komain, 2014. "Oil price volatility and real effective exchange rate: the case of Thailand," MPRA Paper 57196, University Library of Munich, Germany.
    119. Kenneth Hendricks & R. Preston Mcafee, 2010. "A Theory Of Bilateral Oligopoly," Economic Inquiry, Western Economic Association International, vol. 48(2), pages 391-414, April.
    120. Tishler, Asher & Milstein, Irena & Woo, Chi-Keung, 2008. "Capacity commitment and price volatility in a competitive electricity market," Energy Economics, Elsevier, vol. 30(4), pages 1625-1647, July.
    121. Guo, Qiaozhen & He, Qiao-Chu & Chen, Ying-Ju & Huang, Wei, 2021. "Poverty mitigation via solar panel adoption: Smart contracts and targeted subsidy design," Omega, Elsevier, vol. 102(C).
    122. Gugler, Klaus & Haxhimusa, Adhurim, 2016. "Cross-Border Technology Differences and Trade Barriers: Evidence from German and French Electricity Markets," Department of Economics Working Paper Series 237, WU Vienna University of Economics and Business.
    123. Brown, David P. & Eckert, Andrew & Eckert, Heather, 2017. "Carbon Pricing with an Output Subsidy under Imperfect Competition: The Case of Alberta's Restructured Electricity Market," Working Papers 2017-1, University of Alberta, Department of Economics.
    124. Poletti, Steve, 2009. "Government procurement of peak capacity in the New Zealand electricity market," Energy Policy, Elsevier, vol. 37(9), pages 3409-3417, September.
    125. Pinho, Joana & Resende, Joana & Soares, Isabel, 2018. "Capacity investment in electricity markets under supply and demand uncertainty," Energy, Elsevier, vol. 150(C), pages 1006-1017.
    126. Bremberger, Francisca & Gasser, Stephan M. & Kremser, Thomas R. & Rammerstorfer, Margarethe, 2014. "The Impact of EU ETS Price Variations on Germany’s Electricity Production Mix," Die Unternehmung - Swiss Journal of Business Research and Practice, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 68(3), pages 164-180.
    127. Gürkan, G. & Ozdemir, O. & Smeers, Y., 2013. "Strategic Generation Capacity Choice under Demand Uncertainty : Analysis of Nash Equilibria in Electricity Markets," Other publications TiSEM 6b9f0c3a-030e-41e7-8e04-6, Tilburg University, School of Economics and Management.
    128. Gasmi, Farid & Oviedo, Juan Daniel, 2009. "Investment in Transport Infrastructure, and Gas-Gas Competition," TSE Working Papers 09-121, Toulouse School of Economics (TSE).
    129. Diaconu, Oana & Oprescu, Gheorghe & Pittman, Russell, 2009. "Electricity reform in Romania," Utilities Policy, Elsevier, vol. 17(1), pages 114-124, March.
    130. Kamiński Jacek, 2014. "Primary energy consumption in the power generation sector and various market structures: a modelling approach," Gospodarka Surowcami Mineralnymi / Mineral Resources Management, Sciendo, vol. 30(4), pages 1-14, December.
    131. Milstein, Irena & Tishler, Asher, 2011. "Intermittently renewable energy, optimal capacity mix and prices in a deregulated electricity market," Energy Policy, Elsevier, vol. 39(7), pages 3922-3927, July.
    132. Bertsch, Valentin & Devine, Mel, 2019. "The Role of Demand Response in Mitigating Market Power — A Quantitative Analysis Using a Stochastic Market Equilibrium Model," Papers WP635, Economic and Social Research Institute (ESRI).
    133. Hagen, Kåre P. & Hansen, Bjørn & Vagstad, Steinar, 2004. "Synergies and non-discriminatory access pricing," Working Papers in Economics 13/04, University of Bergen, Department of Economics.
    134. Daron Acemoglu, Ali Kakhbod, and Asuman Ozdaglar, 2017. "Competition in Electricity Markets with Renewable Energy Sources," The Energy Journal, International Association for Energy Economics, vol. 0(KAPSARC S).
    135. Su, Xuejuan, 2012. "Have Customers Benefited from Electricity Retail Competition?," Working Papers 2012-21, University of Alberta, Department of Economics, revised 01 Oct 2014.
    136. Zhang, Liang & Ruan, Jian & Ding, Jianhua, 2014. "The institutional power shortage in China: Capacity shortage or capacity under-utilisation?," Applied Energy, Elsevier, vol. 136(C), pages 480-494.
    137. Paul Joskow & Edward Kahn, 2001. "A Quantitative Analysis of Pricing Behavior in California's Wholesale Electricity Market During Summer 2000," NBER Working Papers 8157, National Bureau of Economic Research, Inc.
    138. Tishler, A. & Newman, J. & Spekterman, I. & Woo, C.K., 2008. "Assessing the options for a competitive electricity market in Israel," Utilities Policy, Elsevier, vol. 16(1), pages 21-29, March.
    139. Neuhoff, Karsten & Newbery, David, 2005. "Evolution of electricity markets: Does sequencing matter?," Utilities Policy, Elsevier, vol. 13(2), pages 163-173, June.
    140. Bunn, Derek W. & Oliveira, Fernando S., 2007. "Agent-based analysis of technological diversification and specialization in electricity markets," European Journal of Operational Research, Elsevier, vol. 181(3), pages 1265-1278, September.
    141. Desmond Cai & Anish Agarwal & Adam Wierman, 2020. "On the Inefficiency of Forward Markets in Leader–Follower Competition," Operations Research, INFORMS, vol. 68(1), pages 35-52, January.
    142. Fernando S. Oliveira & Derek W. Bunn & London Business School, 2006. "Modeling the strategic trading of electricity assets," Computing in Economics and Finance 2006 235, Society for Computational Economics.
    143. Dean V. Williamson & Céline Jullien & Lynne Kiesling & Carine Staropoli, 2006. "Investment Incentives and Market Power: An Experimental Analysis," EAG Discussions Papers 200605, Department of Justice, Antitrust Division.
    144. Michael Böheim, 2005. "Wettbewerb und Wettbewerbspolitik auf dem österreichischen Strommarkt. Ein Überblick vier Jahre nach der Marktliberalisierung," WIFO Monatsberichte (monthly reports), WIFO, vol. 78(9), pages 629-645, September.
    145. Klaus Gugler & Mario Liebensteiner & Adhurim Haxhimusa & Nora Schindler, 2016. "Investment under Uncertainty in Electricity Generation," Department of Economics Working Papers wuwp234, Vienna University of Economics and Business, Department of Economics.
    146. Hernandez Martinez, Fernando, 2006. "La producción de energía eléctrica en España: Análisis económico de la actividad tras la liberalización del Sector Eléctrico [Electricity output in Spain: Economic analysis of the activity after li," MPRA Paper 18050, University Library of Munich, Germany.
    147. Bubak, Baran, 2020. "تخمین نرخ بهینه عوارض تراکم برای آزادراه‏های ایران با استفاده از مدل قیمت‏گذاری ارزش [Estimation of Optimal Rate for Compact Tariffs in Highways across Iran applying the Value Pricing Methodology]," MPRA Paper 105490, University Library of Munich, Germany.
    148. Dempster, Gregory & Isaacs, Justin & Smith, Narin, 2008. "Price discovery in restructured electricity markets," Resource and Energy Economics, Elsevier, vol. 30(2), pages 250-259, May.
    149. Helgesen, Per Ivar & Tomasgard, Asgeir, 2018. "An equilibrium market power model for power markets and tradable green certificates, including Kirchhoff's Laws and Nash-Cournot competition," Energy Economics, Elsevier, vol. 70(C), pages 270-288.
    150. Walsh, Darragh & Malaguzzi Valeri, Laura & Di Cosmo, Valeria, 2016. "Strategic bidding, wind ownership and regulation in a decentralised electricity market," MPRA Paper 71502, University Library of Munich, Germany.
    151. Hellmer, Stefan & Wårell, Linda, 2009. "On the evaluation of market power and market dominance--The Nordic electricity market," Energy Policy, Elsevier, vol. 37(8), pages 3235-3241, August.
    152. Gürkan, G. & Ozdemir, O. & Smeers, Y., 2013. "Strategic Generation Capacity Choice under Demand Uncertainty : Analysis of Nash Equilibria in Electricity Markets," Discussion Paper 2013-044, Tilburg University, Center for Economic Research.
    153. Kosnik, Lea, 2008. "Consolidation and ownership trends of nonfederal hydropower generating assets, 1980-2003," Energy Economics, Elsevier, vol. 30(3), pages 715-731, May.
    154. Gugler, Klaus & Haxhimusa, Adhurim, 2019. "Market integration and technology mix: Evidence from the German and French electricity markets," Energy Policy, Elsevier, vol. 126(C), pages 30-46.
    155. Nidhi Kaikar & Goutam Dutta & Debamanyu Das & Subhashree Banerjee, 2021. "Time-of-use pricing of electricity in monopoly and oligopoly," OPSEARCH, Springer;Operational Research Society of India, vol. 58(1), pages 1-28, March.
    156. Robles, Jack, 2016. "Infinite horizon hydroelectricity games," Working Paper Series 19421, Victoria University of Wellington, School of Economics and Finance.
    157. isamu matsukawa, 2005. "Congestion pricing of inputs in vertically related markets," Industrial Organization 0506012, University Library of Munich, Germany.
    158. Carlos Suarez, 2021. "Mixed Oligopoly and Market Power Mitigation: Evidence from the Colombian Wholesale Electricity Market," IREA Working Papers 202101, University of Barcelona, Research Institute of Applied Economics, revised Jan 2021.
    159. Hjalmarsson, Erik, 2000. "Nord Pool: A Power Market Without Market Power," Working Papers in Economics 28, University of Gothenburg, Department of Economics.
    160. Chaiken, Benjamin & Duggan, Joseph E. & Sioshansi, Ramteen, 2021. "Paid to produce absolutely nothing? A Nash-Cournot analysis of a proposed power purchase agreement," Energy Policy, Elsevier, vol. 156(C).
    161. James Bushnell, 2003. "A Mixed Complementarity Model of Hydrothermal Electricity Competition in the Western United States," Operations Research, INFORMS, vol. 51(1), pages 80-93, February.
    162. Müller, Gernot & Rammerstorfer, Margarethe, 2008. "A theoretical analysis of procurement auctions for tertiary control in Germany," Energy Policy, Elsevier, vol. 36(7), pages 2620-2627, July.
    163. Teirila, J., 2017. "Market Power in the Capacity Market? The Case of Ireland," Cambridge Working Papers in Economics 1727, Faculty of Economics, University of Cambridge.
    164. Guido Pepermans & Bert Willems, 2004. "Ramsey Pricing in a Congested Network with Market Power in Generation: A Numerical Illustration for Belgium," Energy, Transport and Environment Working Papers Series ete0408, KU Leuven, Department of Economics - Research Group Energy, Transport and Environment.
    165. Oliveira, Fernando, 2008. "The value of information in electricity investment games," Energy Policy, Elsevier, vol. 36(7), pages 2364-2375, July.
    166. Gijsbert Zwart & Machiel Mulder, 2006. "NATGAS: a model of the European natural gas market," CPB Memorandum 144, CPB Netherlands Bureau for Economic Policy Analysis.
    167. Ogura, Yoshiaki, 2012. "Lending competition and credit availability for new firms: Empirical study with the price cost margin in regional loan markets," Journal of Banking & Finance, Elsevier, vol. 36(6), pages 1822-1838.

  39. Bushnell, James & Stoft, Steven, 1997. "Improving Private Incentives for Electric Grid Investment," Staff General Research Papers Archive 31549, Iowa State University, Department of Economics.

    Cited by:

    1. Joskow, Paul L. & Tirole, Jean, 2004. "Merchant Transmission Investment," IDEI Working Papers 263, Institut d'Économie Industrielle (IDEI), Toulouse.
    2. Biggar, Darryl R. & Hesamzadeh, Mohammad Reza, 2022. "An integrated theory of dispatch and hedging in wholesale electric power markets," Energy Economics, Elsevier, vol. 112(C).
    3. Juan Rosellón & Hannes Weigt, 2010. "A Dynamic Incentive Mechanism for Transmission Expansion in Electricity Networks: Theory, Modeling, and Application," Discussion Papers of DIW Berlin 1019, DIW Berlin, German Institute for Economic Research.
    4. Rious, Vincent & Glachant, Jean-Michel & Perez, Yannick & Dessante, Philippe, 2008. "The diversity of design of TSOs," Energy Policy, Elsevier, vol. 36(9), pages 3323-3332, September.
    5. Jonas Egerer, Juan Rosellón, and Wolf-Peter Schill, 2015. "Power System Transformation toward Renewables: An Evaluation of Regulatory Approaches for Network Expansion," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
    6. Deng, Shi-Jie & Oren, Shmuel & Meliopoulos, A.P., 2010. "The inherent inefficiency of simultaneously feasible financial transmission rights auctions," Energy Economics, Elsevier, vol. 32(4), pages 779-785, July.
    7. Palovic, Martin, 2022. "Administrative congestion management meets electricity network regulation: Aligning incentives between the renewable generators and network operator," Utilities Policy, Elsevier, vol. 79(C).
    8. Richard O’Neill & Emily Fisher & Benjamin Hobbs & Ross Baldick, 2008. "Towards a complete real-time electricity market design," Journal of Regulatory Economics, Springer, vol. 34(3), pages 220-250, December.
    9. Stephen C. Littlechild & Carlos J. Skerk, 2004. "Regulation of transmission expansion in Argentina Part I: State ownership, reform and the Fourth Line," Working Papers EP61, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    10. Benjamin, Richard, 2013. "A two-part tariff for financing transmission expansion," Utilities Policy, Elsevier, vol. 27(C), pages 98-107.
    11. Ingo Vogelsang, 2006. "Electricity Transmission Pricing and Performance-based Regulation," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4), pages 97-126.
    12. Juan Rosellon & Tarjei Kristiansen, 2007. "Merchant Electricity Transmission Expansion: A European Case Study," Working papers DTE 391, CIDE, División de Economía.
    13. Brunekreeft, G., 2003. "Market-based Investment in Electricity Transmission Networks: Controllable Flow," Cambridge Working Papers in Economics 0340, Faculty of Economics, University of Cambridge.
    14. Benjamin, Richard M, 2012. "An electricity transmission primer for energy economists," MPRA Paper 39666, University Library of Munich, Germany.
    15. Thomas-Olivier Léautier & Véronique Thelen, 2009. "Optimal expansion of the power transmission grid: why not?," Journal of Regulatory Economics, Springer, vol. 36(2), pages 127-153, October.
    16. Vincent Rious & Yannick Perez & Philippe Dessante, 2008. "The efficiency of short run and long run locational signals to coordinate generation location with lumpy transmission investments," Post-Print hal-00339505, HAL.
    17. Bastian Henze & Charles Noussair & Bert Willems, 2012. "Regulation of network infrastructure investments: an experimental evaluation," Journal of Regulatory Economics, Springer, vol. 42(1), pages 1-38, August.
    18. Juan Rosellon & William Hogan & Ingo Vogeslang, 2007. "Toward a Combined Merchant-Regulatory Mechanism for Electricity Transmission Expansion," Working papers DTE 389, CIDE, División de Economía.
    19. Juan Rosellón, Ingo Vogelsang, and Hannes Weigt, 2012. "Long-run Cost Functions for Electricity Transmission," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1).
    20. Henrik Bjørnebye & Cathrine Hagem & Arne Lind, 2017. "Optimal location of renewable power," Discussion Papers 862, Statistics Norway, Research Department.
    21. Stephen Littlechild, 2012. "Merchant and regulated transmission: theory, evidence and policy," Journal of Regulatory Economics, Springer, vol. 42(3), pages 308-335, December.
    22. Brunekreeft, G. & Neuhoff, K. & Newbery, D., 2004. "Electricity transmission: an overview of the current debate," Cambridge Working Papers in Economics 0463, Faculty of Economics, University of Cambridge.
    23. Ramteen Sioshansi and Ashlin Tignor, 2012. "Do Centrally Committed Electricity Markets Provide Useful Price Signals?," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
    24. Vincent Rious & Yannick Perez & Philippe Dessante, 2008. "Is combination of nodal pricing and average participation tariff the best solution to coordinate the location of power plants with lumpy transmission investments?," Post-Print hal-00323878, HAL.
    25. Matsukawa, Isamu, 2008. "The effects of average revenue regulation on electricity transmission investment and pricing," Energy Economics, Elsevier, vol. 30(3), pages 696-714, May.
    26. Brunekreeft, Gert, 2004. "Market-based investment in electricity transmission networks: controllable flow," Utilities Policy, Elsevier, vol. 12(4), pages 269-281, December.
    27. Juan Rosellón, 2009. "Mechanisms for the Optimal Expansion of Electricity Transmission Networks," Chapters, in: Joanne Evans & Lester C. Hunt (ed.), International Handbook on the Economics of Energy, chapter 24, Edward Elgar Publishing.
    28. Benjamin, Richard, 2007. "Principles for Interregional Transmission Expansion," The Electricity Journal, Elsevier, vol. 20(8), pages 36-47, October.
    29. Bravo, Diego & Sauma, Enzo & Contreras, Javier & de la Torre, Sebastián & Aguado, José A. & Pozo, David, 2016. "Impact of network payment schemes on transmission expansion planning with variable renewable generation," Energy Economics, Elsevier, vol. 56(C), pages 410-421.
    30. Ramteen Sioshansi & Paul Denholm & Thomas Jenkin, 2012. "Market and Policy Barriers to Deployment of Energy Storage," Economics of Energy & Environmental Policy, International Association for Energy Economics, vol. 0(Number 2).
    31. Richard M. Benjamin, 2016. "Improving U.S. Transmission Expansion Policy Through Order No. 1000," Contemporary Economic Policy, Western Economic Association International, vol. 34(4), pages 614-629, October.
    32. Sahraei-Ardakani, Mostafa, 2018. "Merchant power flow controllers," Energy Economics, Elsevier, vol. 74(C), pages 878-885.
    33. Rosellon, Juan, 2007. "An incentive mechanism for electricity transmission expansion in Mexico," Energy Policy, Elsevier, vol. 35(5), pages 3003-3014, May.
    34. Daniel Muñoz-Álvarez & Eilyan Bitar, 2017. "Financial storage rights in electric power networks," Journal of Regulatory Economics, Springer, vol. 52(1), pages 1-23, August.
    35. Kristiansen, Tarjei, 2008. "Allocation of long-term financial transmission rights for transmission expansion," European Journal of Operational Research, Elsevier, vol. 184(3), pages 1122-1139, February.
    36. Biggar, Darryl, 2022. "Seven outstanding issues in energy network regulation," Energy Economics, Elsevier, vol. 115(C).
    37. Hagspiel, Simeon & Jägemann, Cosima & Lindenberger, Dietmar & Brown, Tom & Cherevatskiy, Stanislav & Tröster, Eckehard, 2013. "Cost-Optimal Power System Extension under Flow-Based Market Coupling," EWI Working Papers 2013-9, Energiewirtschaftliches Institut an der Universitaet zu Koeln (EWI).
    38. Ruderer, Dominik & Zöttl, Gregor, 2018. "Transmission pricing and investment incentives," Utilities Policy, Elsevier, vol. 55(C), pages 14-30.
    39. Markus Ksoll, 2001. "Two stages of uniform delivered pricing and a monopolistic network in competitive electricity markets," ERSA conference papers ersa01p280, European Regional Science Association.
    40. Wu, F.F & Zheng, F.L. & Wen, F.S., 2006. "Transmission investment and expansion planning in a restructured electricity market," Energy, Elsevier, vol. 31(6), pages 954-966.
    41. Ruderer, D., 2012. "The Impact of Transmission Pricing in Network Industries," Cambridge Working Papers in Economics 1230, Faculty of Economics, University of Cambridge.
    42. Littlechild, Stephen C. & Skerk, Carlos J., 2008. "Transmission expansion in Argentina 2: The Fourth Line revisited," Energy Economics, Elsevier, vol. 30(4), pages 1385-1419, July.
    43. Keller, Katja & Wild, Jorg, 2004. "Long-term investment in electricity: a trade-off between co-ordination and competition?," Utilities Policy, Elsevier, vol. 12(4), pages 243-251, December.
    44. Rosellon, Juan & Tregear, Juan & Zenon, Eric, 2010. "El modelo HRV para expansión óptima de redes de transmisión: una aplicación a la red eléctrica de Ontario [The HRV Model for the Optimal Expansion of Transmission Networks: an Application to the On," MPRA Paper 26471, University Library of Munich, Germany.
    45. Spiros Livieratos & Vasiliki-Emmanouela Vogiatzaki & Panayotis G. Cottis, 2013. "A Generic Framework for the Evaluation of the Benefits Expected from the Smart Grid," Energies, MDPI, vol. 6(2), pages 1-21, February.
    46. Makoto TANAKA, 2005. "Optimal Transmission Capacity under Nodal Pricing and Incentive Regulation for Transco," Discussion papers 05021, Research Institute of Economy, Trade and Industry (RIETI).
    47. Juan Rosellon & Hannes Weigt, 2007. "A Combined Merchant-Regulatory Mechanism for Electricity Transmission Expansion in Europe," Working papers DTE 396, CIDE, División de Economía.
    48. Wolf-Peter Schill & Jonas Egerer & Juan Rosellón, 2015. "Testing regulatory regimes for power transmission expansion with fluctuating demand and wind generation," Journal of Regulatory Economics, Springer, vol. 47(1), pages 1-28, February.
    49. Garcia, Reinaldo C. & Contreras, Javier & Correia, Pedro F. & Muñoz, José I., 2010. "Transmission assets investment timing using net present value curves," Energy Policy, Elsevier, vol. 38(1), pages 598-605, January.
    50. José Ignacio Sánchez-Macías & Pedro Calero Pérez, 2003. "Regulación de las tarifas de acceso a las redes y liberalización del sector eléctrico español," Hacienda Pública Española / Review of Public Economics, IEF, vol. 166(3), pages 61-83, September.
    51. Benjamin, Richard, 2010. "A further inquiry into FTR properties," Energy Policy, Elsevier, vol. 38(7), pages 3547-3556, July.
    52. Ross Baldick, 2018. "Incentive properties of coincident peak pricing," Journal of Regulatory Economics, Springer, vol. 54(2), pages 165-194, October.

Articles

  1. Severin Borenstein & James B. Bushnell, 2022. "Do Two Electricity Pricing Wrongs Make a Right? Cost Recovery, Externalities, and Efficiency," American Economic Journal: Economic Policy, American Economic Association, vol. 14(4), pages 80-110, November.
    See citations under working paper version above.
  2. James B. Bushnell & Jonathan E. Hughes & Aaron Smith, 2022. "Food versus Fuel? Impacts of the North Dakota Oil Boom on Agricultural Prices," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 9(1), pages 79-112.

    Cited by:

    1. Qian, Yu & Xu, Zeshui & Qin, Yong & Gou, Xunjie & Skare, Marinko, 2023. "Measuring the varying relationships between sustainable development and oil booms in different contexts: An empirical study," Resources Policy, Elsevier, vol. 85(PB).

  3. Severin Borenstein & James B. Bushnell, 2022. "Headwinds and Tailwinds: Implications of Inefficient Retail Energy Pricing for Energy Substitution," Environmental and Energy Policy and the Economy, University of Chicago Press, vol. 3(1), pages 37-70.
    See citations under working paper version above.
  4. James Bushnell & Kevin Novan, 2021. "Setting with the Sun: The Impacts of Renewable Energy on Conventional Generation," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 8(4), pages 759-796.

    Cited by:

    1. Simshauser, P. & Nelson, T. & Gilmore, J., 2023. "The sunshine state: implications from mass rooftop solar PV take-up rates in Queensland," Cambridge Working Papers in Economics 2305, Faculty of Economics, University of Cambridge.
    2. Paige Weber & Matt Woerman, 2022. "Intermittency or Uncertainty? Impacts of Renewable Energy in Electricity Markets," CESifo Working Paper Series 9902, CESifo.
    3. Borenstein, Severin & Bushnell, James, 2021. "Issues, Questions, and a Research Agenda for the Role of Pricing in Residential Electrification," RFF Working Paper Series 21-35, Resources for the Future.
    4. Simshauser, P., 2021. "Rooftop Solar PV and the Peak Load Problem in the NEM’s Queensland Region," Cambridge Working Papers in Economics 2180, Faculty of Economics, University of Cambridge.
    5. Ekaterina Alekhanova, 2023. "Summertime Sadness: Time Sensitivity of Electricity Savings from a Behavioral Nudge," Carleton Economic Papers 23-01, Carleton University, Department of Economics, revised 11 Nov 2023.
    6. Gonçalves, Ricardo & Menezes, Flávio, 2022. "The price impacts of the exit of the Hazelwood coal power plant," Energy Economics, Elsevier, vol. 116(C).
    7. Simshauser, P. & Newbery, D., 2023. "Non-Firm vs. Priority Access: on the Long Run Average and Marginal Cost of Renewables in Australia," Cambridge Working Papers in Economics 2363, Faculty of Economics, University of Cambridge.
    8. Simshauser, Paul, 2022. "Rooftop solar PV and the peak load problem in the NEM's Queensland region," Energy Economics, Elsevier, vol. 109(C).
    9. Harding, Matthew & Kettler, Kyle & Lamarche, Carlos & Ma, Lala, 2021. "The (Alleged) Environmental and Social Benefits of Dynamic Pricing," IZA Discussion Papers 14846, Institute of Labor Economics (IZA).
    10. Simshauser, P. & Billimoria, F. & Rogers, C., 2021. "Optimising VRE Plant Capacity in Renewable Energy Zones," Cambridge Working Papers in Economics 2164, Faculty of Economics, University of Cambridge.
    11. Glenk, Gunther & Reichelstein, Stefan, 2021. "Intermittent versus dispatchable power sources: An integrated competitive assessment," ZEW Discussion Papers 21-065, ZEW - Leibniz Centre for European Economic Research.
    12. Glenk, Gunther & Reichelstein, Stefan, 2022. "The economic dynamics of competing power generation sources," Renewable and Sustainable Energy Reviews, Elsevier, vol. 168(C).
    13. Nathaly M Rivera & Cristobal Ruiz Tagle, Elisheba Spiller, 2021. "The Health Benefits of Solar Power Generation: Evidence from Chile," Working Papers, Department of Economics 2021_04, University of São Paulo (FEA-USP).
    14. Marshman, Daniel & Brear, Michael & Ring, Brendan, 2022. "Impact of unit commitment and RoCoF constraints on revenue sufficiency in decarbonising wholesale electricity markets," Energy Economics, Elsevier, vol. 106(C).
    15. Ricardo Gonçalves & Flávio Menezes, 2022. "Market‐wide impact of renewables on electricity prices in Australia," The Economic Record, The Economic Society of Australia, vol. 98(320), pages 1-21, March.
    16. Leslie, Gordon W. & Pourkhanali, Armin & Roger, Guillaume, 2022. "Electricity consumption, ethnic origin and religion," Energy Economics, Elsevier, vol. 114(C).
    17. Gugler, Klaus & Haxhimusa, Adhurim & Liebensteiner, Mario, 2023. "Carbon pricing and emissions: Causal effects of Britain's carbon tax," Energy Economics, Elsevier, vol. 121(C).
    18. Mwampashi, Muthe Mathias & Nikitopoulos, Christina Sklibosios & Rai, Alan & Konstandatos, Otto, 2022. "Large-scale and rooftop solar generation in the NEM: A tale of two renewables strategies," Energy Economics, Elsevier, vol. 115(C).
    19. Lamp, Stefan & Samano, Mario, 2022. "Large-scale battery storage, short-term market outcomes, and arbitrage," Energy Economics, Elsevier, vol. 107(C).
    20. Petersen, Claire & Reguant, Mar & Segura, Lola, 2024. "Measuring the impact of wind power and intermittency," Energy Economics, Elsevier, vol. 129(C).
    21. Simshauser, Paul & Billimoria, Farhad & Rogers, Craig, 2022. "Optimising VRE capacity in Renewable Energy Zones," Energy Economics, Elsevier, vol. 113(C).
    22. Blonz, Joshua & Palmer, Karen & Wichman, Casey & Wietelman, Derek C., 2021. "Smart Thermostats, Automation, and Time-Varying Prices," RFF Working Paper Series 21-20, Resources for the Future.
    23. Liebensteiner, Mario & Haxhimusa, Adhurim & Naumann, Fabian, 2023. "Subsidized renewables’ adverse effect on energy storage and carbon pricing as a potential remedy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 171(C).

  5. Fiona Burlig & James Bushnell & David Rapson & Catherine Wolfram, 2021. "Low Energy: Estimating Electric Vehicle Electricity Use," AEA Papers and Proceedings, American Economic Association, vol. 111, pages 430-435, May.
    See citations under working paper version above.
  6. Severin Borenstein & James Bushnell & Frank A. Wolak & Matthew Zaragoza-Watkins, 2019. "Expecting the Unexpected: Emissions Uncertainty and Environmental Market Design," American Economic Review, American Economic Association, vol. 109(11), pages 3953-3977, November.
    See citations under working paper version above.
  7. Bushnell, James & Ibarra-Yúnez, Alejandro & Pappas, Nicholas, 2019. "Electricity transmission cost allocation and network efficiency: Implications for Mexico's liberalized power market," Utilities Policy, Elsevier, vol. 59(C), pages 1-1.

    Cited by:

    1. Gómez-Gardars, Emanuel Birkir & Rodríguez-Macias, Antonio & Tena-García, Jorge Luis & Fuentes-Cortés, Luis Fabián, 2022. "Assessment of the water–energy–carbon nexus in energy systems: A multi-objective approach," Applied Energy, Elsevier, vol. 305(C).
    2. Castellanos-Sosa, Francisco A. & Cabral, René & Mollick, André Varella, 2022. "Energy reform and energy consumption convergence in Mexico: A spatial approach," Structural Change and Economic Dynamics, Elsevier, vol. 61(C), pages 336-350.

  8. Gabriel E. Lade & James Bushnell, 2019. "Fuel Subsidy Pass-Through and Market Structure: Evidence from the Renewable Fuel Standard," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 6(3), pages 563-592.
    See citations under working paper version above.
  9. James Bushnell & Jacob Humber, 2017. "Rethinking Trade Exposure: The Incidence of Environmental Charges in the Nitrogenous Fertilizer Industry," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 4(3), pages 857-894.

    Cited by:

    1. Genakos, Christos & Grey, Felix & Ritz, Robert, 2020. "GENERALIZED LINEAR COMPETITION: From pass-through to policy," CEPR Discussion Papers 15127, C.E.P.R. Discussion Papers.
    2. Reinhard Ellwanger & Hinnerk Gnutzmann & Piotr Śpiewanowski, 2023. "Cost Pass-Through with Capacity Constraints and International Linkages," Staff Working Papers 23-16, Bank of Canada.
    3. Fournier Gabela, Julio G. & Freund, Florian, 2022. "Potential carbon leakage risk: A cross-sector cross-country assessment in the OECD area," Conference papers 333468, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    4. J. G. Fournier Gabela & F. Freund, 2023. "Potential carbon leakage risk: a cross-sector cross-country assessment in the OECD area," Climatic Change, Springer, vol. 176(5), pages 1-21, May.
    5. Brandon Schaufele, 2022. "Curvature and competitiveness: Carbon taxes in cattle markets," American Journal of Agricultural Economics, John Wiley & Sons, vol. 104(4), pages 1268-1292, August.
    6. Anton Bekkerman & Thomas Gumbley & Gary W. Brester, 2021. "The Impacts of Biofuel Policies on Spatial and Vertical Price Relationships in the US Fertilizer Industry," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 43(2), pages 802-822, June.

  10. James B. Bushnell & Stephen P. Holland & Jonathan E. Hughes & Christopher R. Knittel, 2017. "Strategic Policy Choice in State-Level Regulation: The EPA's Clean Power Plan," American Economic Journal: Economic Policy, American Economic Association, vol. 9(2), pages 57-90, May.
    See citations under working paper version above.
  11. Severin Borenstein & James Bushnell, 2015. "The US Electricity Industry After 20 Years of Restructuring," Annual Review of Economics, Annual Reviews, vol. 7(1), pages 437-463, August.
    See citations under working paper version above.
  12. Bushnell, James & Chen, Yihsu & Zaragoza-Watkins, Matthew, 2014. "Downstream regulation of CO2 emissions in California's electricity sector," Energy Policy, Elsevier, vol. 64(C), pages 313-323.

    Cited by:

    1. Luís Aguiar-Conraria & Maria Joana Soares & Rita Sousa, 2017. "California´s Carbon Market and Energy Prices: A Wavelet Analysis," NIPE Working Papers 13/2017, NIPE - Universidade do Minho.
    2. Xu, Qingyu & Hobbs, Benjamin F., 2021. "Economic efficiency of alternative border carbon adjustment schemes: A case study of California Carbon Pricing and the Western North American power market," Energy Policy, Elsevier, vol. 156(C).
    3. Mr. Michael Keen & Ian W.H. Parry & Mr. James Roaf, 2021. "Border Carbon Adjustments: Rationale, Design and Impact," IMF Working Papers 2021/239, International Monetary Fund.
    4. Garnache, Cloé & Mérel, Pierre R. & Lee, Juhwan & Six, Johan, 2017. "The social costs of second-best policies: Evidence from agricultural GHG mitigation," Journal of Environmental Economics and Management, Elsevier, vol. 82(C), pages 39-73.
    5. James B. Bushnell & Stephen P. Holland & Jonathan E. Hughes & Christopher R. Knittel, 2017. "Strategic Policy Choice in State-Level Regulation: The EPA's Clean Power Plan," American Economic Journal: Economic Policy, American Economic Association, vol. 9(2), pages 57-90, May.
    6. Chen, Yihsu & Zhang, Duan & Takashima, Ryuta, 2019. "Carbon emission forensic in the energy sector: Is it worth the effort?," Energy Policy, Elsevier, vol. 128(C), pages 868-878.
    7. Harrison Fell & Daniel T. Kaffine, 2014. "A one-two punch: Joint effects of natural gas abundance and renewables on coal-fired power plants," Working Papers 2014-10, Colorado School of Mines, Division of Economics and Business.
    8. Harrison Fell & Peter Maniloff, 2015. "Beneficial Leakage: The Effect of the Regional Greenhouse Gas Initiative on Aggregate Emissions," Working Papers 2015-06, Colorado School of Mines, Division of Economics and Business.
    9. Drielli Peyerl & Mariana Oliveira Barbosa & Mariana Ciotta & Maria Rogieri Pelissari & Evandro Mateus Moretto, 2022. "Linkages between the Promotion of Renewable Energy Policies and Low-Carbon Transition Trends in South America’s Electricity Sector," Energies, MDPI, vol. 15(12), pages 1-18, June.
    10. Lee, Kangil & Melstrom, Richard T., 2018. "Evidence of increased electricity influx following the regional greenhouse gas initiative," Energy Economics, Elsevier, vol. 76(C), pages 127-135.
    11. Hélène Ollivier & Geoffrey Barrows, 2021. "Foreign Demand, Developing Country Exports, and CO2 Emissions: Firm-Level Evidence from India," Post-Print halshs-03029861, HAL.
    12. Mar Reguant, 2018. "The Efficiency and Sectoral Distributional Implications of Large-Scale Renewable Policies," NBER Working Papers 24398, National Bureau of Economic Research, Inc.
    13. Madhu Khanna & Xiaoguang Chen & Weiwei Wang & Anthony Oliver, 2022. "Repeal of the Clean Power Plan: Social Cost and Distributional Implications," American Journal of Agricultural Economics, John Wiley & Sons, vol. 104(1), pages 33-51, January.
    14. Brittany Tarufelli & Ben Gilbert, 2019. "Leakage in Regional Climate Policy? Implications of Electricity Market Design," Working Papers 2019-07, Colorado School of Mines, Division of Economics and Business, revised Dec 2021.
    15. Frew, Bethany & Bashar Anwar, Muhammad & Dalvi, Sourabh & Brooks, Adria, 2023. "The interaction of wholesale electricity market structures under futures with decarbonization policy goals: A complexity conundrum," Applied Energy, Elsevier, vol. 339(C).
    16. Rita Sousa & Luís Francisco Aguiar-Conraria & Maria Joana Soares, 2014. "Carbon and Energy Prices: Surfing the Wavelets of California," NIPE Working Papers 19/2014, NIPE - Universidade do Minho.
    17. Woo, C.K. & Chen, Y. & Olson, A. & Moore, J. & Schlag, N. & Ong, A. & Ho, T., 2017. "Electricity price behavior and carbon trading: New evidence from California," Applied Energy, Elsevier, vol. 204(C), pages 531-543.
    18. Geoffrey Barrows & Helene Ollivier, 2018. "Foreign Demand and Greenhouse Gas Emissions: Empirical Evidence with Implications for Leakage," Working Papers 2018.16, FAERE - French Association of Environmental and Resource Economists.
    19. Linn, Joshua & Shih, Jhih-Shyang, 2019. "Do lower electricity storage costs reduce greenhouse gas emissions?," Journal of Environmental Economics and Management, Elsevier, vol. 96(C), pages 130-158.
    20. Huseynov, Samir & Palma, Marco A., 2018. "Does California’s LCFS Reduce CO2 Emissions?," 2018 Annual Meeting, August 5-7, Washington, D.C. 274200, Agricultural and Applied Economics Association.
    21. Clayton Munnings & William Acworth & Oliver Sartor & Yong-Gun Kim & Karsten Neuhoff, 2016. "Pricing Carbon Consumption: A Review of an Emerging Trend," Discussion Papers of DIW Berlin 1620, DIW Berlin, German Institute for Economic Research.
    22. Astudillo, Miguel F. & Vaillancourt, Kathleen & Pineau, Pierre-Olivier & Amor, Ben, 2017. "Can the household sector reduce global warming mitigation costs? sensitivity to key parameters in a TIMES techno-economic energy model," Applied Energy, Elsevier, vol. 205(C), pages 486-498.
    23. Fell, Harrison & Maniloff, Peter, 2018. "Leakage in regional environmental policy: The case of the regional greenhouse gas initiative," Journal of Environmental Economics and Management, Elsevier, vol. 87(C), pages 1-23.
    24. Višković, Verena & Chen, Yihsu & Siddiqui, Afzal S., 2017. "Implications of the EU Emissions Trading System for the South-East Europe Regional Electricity Market," Energy Economics, Elsevier, vol. 65(C), pages 251-261.
    25. Xu, Q. & Hobbs, B., 2020. "Economic Efficiency of Alternative Border Carbon Adjustment Schemes: A Case Study of California Carbon Pricing and the Western North American Power Market," Cambridge Working Papers in Economics 20109, Faculty of Economics, University of Cambridge.
    26. Woo, C.K. & Olson, A. & Chen, Y. & Moore, J. & Schlag, N. & Ong, A. & Ho, T., 2017. "Does California's CO2 price affect wholesale electricity prices in the Western U.S.A.?," Energy Policy, Elsevier, vol. 110(C), pages 9-19.
    27. Steven M. Smith, 2019. "The Relative Economic Merits of Alternative Water Rights," Working Papers 2019-08, Colorado School of Mines, Division of Economics and Business.

  13. James B. Bushnell & Howard Chong & Erin T. Mansur, 2013. "Profiting from Regulation: Evidence from the European Carbon Market," American Economic Journal: Economic Policy, American Economic Association, vol. 5(4), pages 78-106, November.

    Cited by:

    1. Gerlagh, Reyer & Hejimans, Roweno J. R. K. & Rosendahl, Knut Einar, 2020. "Endogenous Emission Caps Always Produce a Green Paradox," Working Paper Series 4-2020, Norwegian University of Life Sciences, School of Economics and Business.
    2. Moreno, Blanca & García-Álvarez, María Teresa & Fonseca, Ana Rosa, 2017. "Fuel prices impacts on stock market of metallurgical industry under the EU emissions trading system," Energy, Elsevier, vol. 125(C), pages 223-233.
    3. aus dem Moore, Nils & Großkurth, Philipp & Themann, Michael, 2019. "Multinational corporations and the EU Emissions Trading System: The specter of asset erosion and creeping deindustrialization," Journal of Environmental Economics and Management, Elsevier, vol. 94(C), pages 1-26.
    4. Koch, Nicolas & Basse Mama, Houdou, 2019. "Does the EU Emissions Trading System induce investment leakage? Evidence from German multinational firms," Energy Economics, Elsevier, vol. 81(C), pages 479-492.
    5. Mr. Michael Keen & Ian W.H. Parry & Mr. James Roaf, 2021. "Border Carbon Adjustments: Rationale, Design and Impact," IMF Working Papers 2021/239, International Monetary Fund.
    6. Filippo Maria D'Arcangelo & Marzio Galeotti, 2022. "Environmental Policy and Investment Location: The Risk of Carbon Leakage in the EU ETS," Working Papers 2022.27, Fondazione Eni Enrico Mattei.
    7. Fraser, Alastair & Kuok, Jonathan Chiew Sheen & Leslie, Gordon W., 2023. "Climate reform and transitional industry assistance: Windfall profits for polluters?," Energy Economics, Elsevier, vol. 121(C).
    8. Garnache, Cloé & Mérel, Pierre R. & Lee, Juhwan & Six, Johan, 2017. "The social costs of second-best policies: Evidence from agricultural GHG mitigation," Journal of Environmental Economics and Management, Elsevier, vol. 82(C), pages 39-73.
    9. Fouilloux, Jessica & Moraux, Franck & Viviani, Jean-Laurent, 2015. "Investing in finite-life carbon emissions reduction program under risk and idiosyncratic uncertainty," Energy Policy, Elsevier, vol. 82(C), pages 310-320.
    10. Don Fullerton & Erich Muehlegger, 2019. "Who Bears the Economic Burdens of Environmental Regulations?," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 13(1), pages 62-82.
    11. Weiming Lin & Jianling Chen & Jianbang Gan & Yongwu Dai, 2022. "Do Firms That Are Disadvantaged by Unilateral Climate Policy Receive Compensation? Evidence from China’s Energy-Saving Quota Policy," Sustainability, MDPI, vol. 14(22), pages 1-20, November.
    12. Martin, Ralf & Muuls, Mirabelle & Colmer, Jonathan & Wagner, Ulrich, 2022. "Does Pricing Carbon Mitigate Climate Change? Firm-Level Evidence from the European Union Emissions Trading Scheme," CEPR Discussion Papers 16982, C.E.P.R. Discussion Papers.
    13. Bielen, David A. & Newell, Richard G. & Pizer, William A., 2018. "Who did the ethanol tax credit benefit? An event analysis of subsidy incidence," Journal of Public Economics, Elsevier, vol. 161(C), pages 1-14.
    14. Pilar Gargallo & Luis Lample & Jesús A. Miguel & Manuel Salvador, 2021. "Co-Movements between Eu Ets and the Energy Markets: A Var-Dcc-Garch Approach," Mathematics, MDPI, vol. 9(15), pages 1-36, July.
    15. Yinpeng Zhang & Zhixin Liu & Yingying Xu, 2018. "Carbon price volatility: The case of China," PLOS ONE, Public Library of Science, vol. 13(10), pages 1-15, October.
    16. Grossi, Luigi & Heim, Sven & Waterson, Michael, 2014. "A vision of the European energy future? The impact of the German response to the Fukushima earthquake," ZEW Discussion Papers 14-051, ZEW - Leibniz Centre for European Economic Research.
    17. Laurent Millischer & Tatiana Evdokimova & Oscar Fernandez, 2022. "The Carrot and the Stock: In Search of Stock-Market Incentives for Decarbonization," IMF Working Papers 2022/231, International Monetary Fund.
    18. Gabriel E Lade & C -Y Cynthia Lin Lawell & Aaron Smith, 2018. "Policy Shocks and Market-Based Regulations: Evidence from the Renewable Fuel Standard," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 100(3), pages 707-731.
    19. Ralf Martin & Mirabelle Mu?ls & Laure B. de Preux & Ulrich J. Wagner, 2014. "Industry Compensation under Relocation Risk: A Firm-Level Analysis of the EU Emissions Trading Scheme," American Economic Review, American Economic Association, vol. 104(8), pages 2482-2508, August.
    20. Larry Karp & Armon Rezai, 2022. "Trade and Resource Sustainability with Asset Markets," Dynamic Games and Applications, Springer, vol. 12(3), pages 929-953, September.
    21. Karsten Neuhoff & Robert A. Ritz, 2019. "Carbon cost pass-through in industrial sectors," Working Papers EPRG1935, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    22. Ouyang, Puman & Zhang, Teng & Dong, Yan, 2015. "Market potential, firm exports and profit: Which market do the Chinese firms profit from?," China Economic Review, Elsevier, vol. 34(C), pages 94-108.
    23. Bustamante, Maria Cecilia & Zucchi, Francesca, 2024. "Dynamic carbon emission management," Working Paper Series 2885, European Central Bank.
    24. Gabriel E. Lade & James Bushnell, 2019. "Fuel Subsidy Pass-Through and Market Structure: Evidence from the Renewable Fuel Standard," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 6(3), pages 563-592.
    25. Marit Klemetsen & Knut Einar Rosendahl & Anja Lund Jakobsen, 2020. "The Impacts Of The Eu Ets On Norwegian Plants’ Environmental And Economic Performance," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 11(01), pages 1-32, February.
    26. Fabio Antoniou & Manthos D. Delis & Steven Ongena & Chris Tsoumas, 2020. "Pollution permits and financing costs," Swiss Finance Institute Research Paper Series 20-117, Swiss Finance Institute.
    27. Martin, Ralf & Muûls, Mirabelle & de Preux, Laure B. & Wagner, Ulrich J., 2014. "On the empirical content of carbon leakage criteria in the EU Emissions Trading Scheme," Ecological Economics, Elsevier, vol. 105(C), pages 78-88.
    28. Joltreau, Eugénie & Sommerfeld, Katrin, 2016. "Why does emissions trading under the EU ETS not affect firms' competitiveness? Empirical findings from the literature," ZEW Discussion Papers 16-062, ZEW - Leibniz Centre for European Economic Research.
    29. Isabel Garcia-Herrero & Maria Margallo & Jara Laso & Raquel Onandía & Angel Irabien & Ruben Aldaco, 2017. "Measuring the Vulnerability of an Energy Intensive Sector to the EU ETS under a Life Cycle Approach: The Case of the Chlor-Alkali Industry," Sustainability, MDPI, vol. 9(5), pages 1-23, May.
    30. Ili, Dragan & Mollet, Janick Christian, 2015. "Voluntary Corporate Climate Initiatives and Regulatory Loom: Batten Down the Hatches," Working papers 2015/06, Faculty of Business and Economics - University of Basel.
    31. Gerlagh, Reyer & Heijmans, Roweno J.R.K. & Rodendahl, Knut Einar, 2019. "Endogenous Emission Caps Always Induce a Green Paradox," Other publications TiSEM a629a851-9ea0-4022-aa1b-c, Tilburg University, School of Economics and Management.
    32. aus dem Moore, Nils & Großkurth, Philipp & Themann, Michael, 2017. "Multinational corporations and the EU emissions trading system: Asset erosion and creeping deindustrialization?," Ruhr Economic Papers 719, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    33. Fang Zhang & Hong Fang & Xu Wang, 2018. "Impact of Carbon Prices on Corporate Value: The Case of China’s Thermal Listed Enterprises," Sustainability, MDPI, vol. 10(9), pages 1-14, September.
    34. Chia-Lin Chang & Michael McAleer, 2019. "Modeling Latent Carbon Emission Prices for Japan: Theory and Practice," Energies, MDPI, vol. 12(21), pages 1-21, November.
    35. Shihong Zeng & Yan Xu & Liming Wang & Jiuying Chen & Qirong Li, 2016. "Forecasting the Allocative Efficiency of Carbon Emission Allowance Financial Assets in China at the Provincial Level in 2020," Energies, MDPI, vol. 9(5), pages 1-18, May.
    36. Jong, Thijs & Couwenberg, Oscar & Woerdman, Edwin, 2014. "Does EU emissions trading bite? An event study," Energy Policy, Elsevier, vol. 69(C), pages 510-519.
    37. Lutz, Benjamin Johannes, 2016. "Emissions trading and productivity: Firm-level evidence from German manufacturing," ZEW Discussion Papers 16-067, ZEW - Leibniz Centre for European Economic Research.
    38. Yinpeng Liu & Xiangyun Gao & Jianfeng Guo, 2018. "Network Features of the EU Carbon Trade System: An Evolutionary Perspective," Energies, MDPI, vol. 11(6), pages 1-16, June.
    39. Kyle C. Meng, 2016. "Using a Free Permit Rule to Forecast the Marginal Abatement Cost of Proposed Climate Policy," NBER Working Papers 22255, National Bureau of Economic Research, Inc.
    40. Natalia Fabra & Mar Reguant, 2013. "Pass-through of Emissions Costs in Electricity Markets," NBER Working Papers 19613, National Bureau of Economic Research, Inc.
    41. Ferrara, Antonella Rita & Giua, Ludovica, 2022. "Indirect cost compensation under the EU ETS: A firm-level analysis," Energy Policy, Elsevier, vol. 165(C).
    42. Houdou Basse Mama & Rahel Mandaroux, 2022. "Do investors care about carbon emissions under the European Environmental Policy?," Business Strategy and the Environment, Wiley Blackwell, vol. 31(1), pages 268-283, January.
    43. Quemin, Simon, 2022. "Raising climate ambition in emissions trading systems: The case of the EU ETS and the 2021 review," Resource and Energy Economics, Elsevier, vol. 68(C).
    44. Prehoda, Emily W. & Pearce, Joshua M., 2017. "Potential lives saved by replacing coal with solar photovoltaic electricity production in the U.S," Renewable and Sustainable Energy Reviews, Elsevier, vol. 80(C), pages 710-715.
    45. Fang Zhang & Zhengjun Zhang, 2020. "The tail dependence of the carbon markets: The implication of portfolio management," PLOS ONE, Public Library of Science, vol. 15(8), pages 1-17, August.
    46. Dutta, Anupam & Bouri, Elie & Noor, Md Hasib, 2018. "Return and volatility linkages between CO2 emission and clean energy stock prices," Energy, Elsevier, vol. 164(C), pages 803-810.
    47. Yuexu Zhao & Weiqi Xu, 2023. "Measurement of risk spillover effect based on EV-Copula method," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-10, December.
    48. Siddhartha P. Chakrabarty & Suryadeepto Nag, 2023. "Risk measures and portfolio analysis in the paradigm of climate finance: a review," SN Business & Economics, Springer, vol. 3(3), pages 1-22, March.
    49. Spyros Arvanitis & Sandra Gottschalk & Michael Peneder & Christian Rammer & Tobias Stucki & Martin Wörter, 2016. "Does Energy Policy Hurt International Competitiveness of Firms? A Comparative Study for Germany, Switzerland and Austria," KOF Working papers 16-418, KOF Swiss Economic Institute, ETH Zurich.
    50. Dragan Ilić & Janick Christian Mollet, 2022. "Voluntary corporate climate initiatives and regulatory threat," International Economics and Economic Policy, Springer, vol. 19(1), pages 157-184, February.
    51. Dragan Ilic & Janick Christian Mollet, 2016. "Voluntary Corporate Climate Initiatives and Regulatory Loom: Batten Down the Hatches," CER-ETH Economics working paper series 16/261, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    52. von Schickfus, Marie-Theres & Garnitz, Johanna & Rathje, Ann-Christin & Wohlrabe, Klaus, 2021. "Herausforderung Klimaschutz: Jahresmonitor der Stiftung Familienunternehmen," Studien, Stiftung Familienunternehmen / Foundation for Family Businesses, number 250023.
    53. Koppenberg, Maximilian & Hirsch, Stefan & Finger, Robert, 2023. "Effects of the debate on glyphosate's carcinogenic risk on pesticide producers' share prices," Ecological Economics, Elsevier, vol. 212(C).
    54. Benoît Chèze, Julien Chevallier, Nicolas Berghmans, and Emilie Alberola, 2020. "On the CO2 Emissions Determinants During the EU ETS Phases I and II: A Plant-level Analysis Merging the EUTL and Platts Power Data," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4), pages 153-184.
    55. Calel, Raphael & Dechezlepretre, Antoine & Venmans, Frank, 2023. "Policing carbon markets," LSE Research Online Documents on Economics 120565, London School of Economics and Political Science, LSE Library.
    56. Jaehyung An & Jinho Lee, 2018. "A Newsvendor Non-Cooperative Game for Efficient Allocation of Carbon Emissions," Sustainability, MDPI, vol. 10(1), pages 1-14, January.
    57. Frank Venmans, 2015. "Capital market response to emission allowance prices: a multivariate GARCH approach," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 17(4), pages 577-620, October.
    58. Wang, Yanbing & Delgado, Michael S. & Khanna, Neha & Bogan, Vicki L., 2019. "Good news for environmental self-regulation? Finding the right link," Journal of Environmental Economics and Management, Elsevier, vol. 94(C), pages 217-235.
    59. Oestreich, A. Marcel & Tsiakas, Ilias, 2015. "Carbon emissions and stock returns: Evidence from the EU Emissions Trading Scheme," Journal of Banking & Finance, Elsevier, vol. 58(C), pages 294-308.
    60. Deshan Li & Degang Yang, 2016. "Does Non-Fossil Energy Usage Lower CO 2 Emissions? Empirical Evidence from China," Sustainability, MDPI, vol. 8(9), pages 1-11, August.
    61. Karp, Larry & Rezai, Armon, 2017. "Asset prices and climate policy," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt6fx579fp, Department of Agricultural & Resource Economics, UC Berkeley.
    62. Sunhee Suk, 2018. "Determinants and Characteristics of Korean Companies’ Carbon Management under the Carbon Pricing Scheme," Energies, MDPI, vol. 11(4), pages 1-23, April.
    63. Don Fullerton & Erich Muehlegger, 2017. "Who Bears the Economic Costs of Environmental Regulations?," NBER Working Papers 23677, National Bureau of Economic Research, Inc.
    64. Li, Youwei & Liao, Ming & Liu, Yangke, 2023. "How does green credit policy affect polluting firms' dividend policy? The China experience," International Review of Financial Analysis, Elsevier, vol. 88(C).
    65. D'Arcangelo, Maria Filippo & Galeotti, Marzio, 2022. "Environmental Policy and Investment Location: The Risk of Carbon Leakage in the EU ETS," FEEM Working Papers 327158, Fondazione Eni Enrico Mattei (FEEM).
    66. Chia-Lin Chang & Jukka Ilomäki & Hannu Laurila & Michael McAleer, 2018. "Moving Average Market Timing in European Energy Markets: Production Versus Emissions," Energies, MDPI, vol. 11(12), pages 1-24, November.
    67. Reyer Gerlagh & Roweno J.R.K. Heijmans & Knut Einar Rosendahl, 2019. "Endogenous Emission Caps Always Induce a Green Paradox," CESifo Working Paper Series 7862, CESifo.
    68. Wagner, Ulrich & Petrick, Sebastian, 2014. "The Impact of Carbon Trading on Industry: Evidence from German Manufacturing Firms," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100472, Verein für Socialpolitik / German Economic Association.
    69. Simon Quemin, 2020. "Using Supply-Side Policies to Raise Ambition: The Case of the EU ETS and the 2021 Review," Working Papers 2002, Chaire Economie du climat.
    70. Peter S. Schmidt & Therese Werner, 2012. "Channeling the final Say in Politics," CER-ETH Economics working paper series 12/165, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    71. Wang, Yanbing & Delgado, Michael & Xu, Jin, 2016. "Long-term financial incentive of environmental responsibility -- socially responsible investing and firm cost of capital," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235994, Agricultural and Applied Economics Association.
    72. Chen, Hao & Xu, Chao, 2022. "The impact of cryptocurrencies on China's carbon price variation during COVID-19: A quantile perspective," Technological Forecasting and Social Change, Elsevier, vol. 183(C).
    73. Yanbing Wang & Michael S. Delgado & Jin Xu, 2023. "When and where does it pay to be green? – A look into socially responsible investing and the cost of equity capital," International Journal of Corporate Social Responsibility, Springer, vol. 8(1), pages 1-23, December.
    74. Wei Jiang & Jia Liu & Xiang Liu, 2016. "Impact of Carbon Quota Allocation Mechanism on Emissions Trading: An Agent-Based Simulation," Sustainability, MDPI, vol. 8(8), pages 1-13, August.
    75. Beat Hintermann, 2017. "Market Power in Emission Permit Markets: Theory and Evidence from the EU ETS," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 66(1), pages 89-112, January.

  14. Krishnan, Venkat & McCalley, James D. & Lemos, Santiago & Bushnell, James, 2013. "Nation-wide transmission overlay design and benefits assessment for the U.S," Energy Policy, Elsevier, vol. 56(C), pages 221-232.

    Cited by:

    1. Rajanna, S. & Saini, R.P., 2016. "Modeling of integrated renewable energy system for electrification of a remote area in India," Renewable Energy, Elsevier, vol. 90(C), pages 175-187.
    2. Selin Kocaman, Ayse & Abad, Carlos & Troy, Tara J. & Tim Huh, Woonghee & Modi, Vijay, 2016. "A stochastic model for a macroscale hybrid renewable energy system," Renewable and Sustainable Energy Reviews, Elsevier, vol. 54(C), pages 688-703.
    3. Schroeder, Andreas & Oei, Pao-Yu & Sander, Aram & Hankel, Lisa & Laurisch, Lilian Charlotte, 2013. "The integration of renewable energies into the German transmission grid—A scenario comparison," Energy Policy, Elsevier, vol. 61(C), pages 140-150.
    4. Banez-Chicharro, Fernando & Olmos, Luis & Ramos, Andres & Latorre, Jesus M., 2017. "Beneficiaries of transmission expansion projects of an expansion plan: An Aumann-Shapley approach," Applied Energy, Elsevier, vol. 195(C), pages 382-401.
    5. Dranka, Géremi Gilson & Ferreira, Paula & Vaz, A. Ismael F., 2021. "A review of co-optimization approaches for operational and planning problems in the energy sector," Applied Energy, Elsevier, vol. 304(C).

  15. Bushnell, James & Chen, Yihsu, 2012. "Allocation and leakage in regional cap-and-trade markets for CO2," Resource and Energy Economics, Elsevier, vol. 34(4), pages 647-668.
    See citations under working paper version above.
  16. James B. Bushnell & Erin T. Mansur, 2011. "Vertical Targeting and Leakage in Carbon Policy," American Economic Review, American Economic Association, vol. 101(3), pages 263-267, May.

    Cited by:

    1. Branko Bošković & Andrew Leach, 2020. "Leave it in the ground? Oil sands development under carbon pricing," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 53(2), pages 526-562, May.
    2. Zhang, Zengkai & Zhang, ZhongXiang, 2016. "Intermediate Input Linkage and Carbon Leakage," MITP: Mitigation, Innovation and Transformation Pathways 249350, Fondazione Eni Enrico Mattei (FEEM).
    3. Karplus, Valerie J. & Rausch, Sebastian & Zhang, Da, 2016. "Energy caps: Alternative climate policy instruments for China?," Energy Economics, Elsevier, vol. 56(C), pages 422-431.
    4. Don Fullerton & Catherine Wolfram, 2011. "Introduction and Summary to "The Design and Implementation of U.S. Climate Policy"," NBER Chapters, in: The Design and Implementation of US Climate Policy, pages 1-17, National Bureau of Economic Research, Inc.
    5. Sheldon, Ian & McCorriston, Steve, 2014. "Climate Policy and Border Measures: The Case of the US Aluminum Industry," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 169544, Agricultural and Applied Economics Association.
    6. Mary F. Evans & Scott M. Gilpatric & Jay P. Shimshack, 2015. "Enforcement spillovers: Lessons from strategic interactions in regulation and product markets," Working Papers 2015-08, University of Tennessee, Department of Economics.
    7. Tan, Xiujie & Sun, Qian & Wang, Meiji & Se Cheong, Tsun & Yan Shum, Wai & Huang, Jinpeng, 2022. "Assessing the effects of emissions trading systems on energy consumption and energy mix," Applied Energy, Elsevier, vol. 310(C).
    8. D. Rajagopal, 2017. "A synthesis of unilateral approaches to mitigating emissions leakage under incomplete policies," Climate Policy, Taylor & Francis Journals, vol. 17(5), pages 573-590, July.
    9. Ajani, Judith I. & Keith, Heather & Blakers, Margaret & Mackey, Brendan G. & King, Helen P., 2013. "Comprehensive carbon stock and flow accounting: A national framework to support climate change mitigation policy," Ecological Economics, Elsevier, vol. 89(C), pages 61-72.
    10. Christensen, Adam & Hobbs, Benjamin, 2016. "A model of state and federal biofuel policy: Feasibility assessment of the California Low Carbon Fuel Standard," Applied Energy, Elsevier, vol. 169(C), pages 799-812.
    11. Cheng, Haitao, 2021. "Border Carbon Adjustments with Endogenous Assembly Locations," Discussion paper series HIAS-E-111, Hitotsubashi Institute for Advanced Study, Hitotsubashi University.
    12. Brittany Tarufelli & Ben Gilbert, 2019. "Leakage in Regional Climate Policy? Implications of Electricity Market Design," Working Papers 2019-07, Colorado School of Mines, Division of Economics and Business, revised Dec 2021.
    13. Sadayuki, Taisuke & Arimura, Toshi H., 2021. "Do regional emission trading schemes lead to carbon leakage within firms? Evidence from Japan," Energy Economics, Elsevier, vol. 104(C).
    14. Rajagopal, Deepak & Zilberman, David, 2013. "On market-mediated emissions and regulations on life cycle emissions," Ecological Economics, Elsevier, vol. 90(C), pages 77-84.
    15. Clayton Munnings & William Acworth & Oliver Sartor & Yong-Gun Kim & Karsten Neuhoff, 2016. "Pricing Carbon Consumption: A Review of an Emerging Trend," Discussion Papers of DIW Berlin 1620, DIW Berlin, German Institute for Economic Research.
    16. Don Fullerton & Catherine Wolfram, 2011. "The Design and Implementation of U.S. Climate Policy: An Introduction," NBER Working Papers 17499, National Bureau of Economic Research, Inc.
    17. Christensen, Adam & Siddiqui, Sauleh, 2015. "Fuel price impacts and compliance costs associated with the Renewable Fuel Standard (RFS)," Energy Policy, Elsevier, vol. 86(C), pages 614-624.
    18. Lawrence H. Goulder & Andrew R. Schein, 2013. "Carbon Taxes Versus Cap And Trade: A Critical Review," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 4(03), pages 1-28.
    19. Gary D. Libecap, 2013. "Addressing Global Environmental Externalities: Transaction Costs Considerations," NBER Working Papers 19501, National Bureau of Economic Research, Inc.
    20. Matthew Gibson, 2019. "Regulation-Induced Pollution Substitution," The Review of Economics and Statistics, MIT Press, vol. 101(5), pages 827-840, December.
    21. Wang, Jing & Wan, Guanghua & Wang, Chen, 2019. "Participation in GVCs and CO2 emissions," Energy Economics, Elsevier, vol. 84(C).
    22. Tan, Xiujie & Wang, Banban & Wei, Jie & Taghizadeh-Hesary, Farhad, 2023. "The role of carbon pricing in achieving energy transition in the Post-COP26 era: Evidence from China's industrial energy conservation," Renewable and Sustainable Energy Reviews, Elsevier, vol. 182(C).
    23. Steven M. Smith, 2019. "The Relative Economic Merits of Alternative Water Rights," Working Papers 2019-08, Colorado School of Mines, Division of Economics and Business.
    24. Zhaohui Chong & Chenglin Qin & Xinyue Ye, 2017. "Environmental Regulation and Industrial Structure Change in China: Integrating Spatial and Social Network Analysis," Sustainability, MDPI, vol. 9(8), pages 1-16, August.
    25. Gibson, Matthew, 2014. "Dirty and perverse: regulation-induced pollution substitution," University of California at San Diego, Economics Working Paper Series qt6tn7t0wv, Department of Economics, UC San Diego.
    26. Lawrence H. Goulder & Andrew Schein, 2013. "Carbon Taxes vs. Cap and Trade: A Critical Review," NBER Working Papers 19338, National Bureau of Economic Research, Inc.

  17. Hobbs, Benjamin F. & Bushnell, James & Wolak, Frank A., 2010. "Upstream vs. downstream CO2 trading: A comparison for the electricity context," Energy Policy, Elsevier, vol. 38(7), pages 3632-3643, July.
    See citations under working paper version above.
  18. Bushnell, James & Hobbs, Benjamin F. & Wolak, Frank A., 2009. "When It Comes to Demand Response, Is FERC Its Own Worst Enemy?," The Electricity Journal, Elsevier, vol. 22(8), pages 9-18, October.
    See citations under working paper version above.
  19. James B. Bushnell & Erin T. Mansur & Celeste Saravia, 2008. "Vertical Arrangements, Market Structure, and Competition: An Analysis of Restructured US Electricity Markets," American Economic Review, American Economic Association, vol. 98(1), pages 237-266, March.
    See citations under working paper version above.
  20. Severin Borenstein & James Bushnell & Christopher R. Knittel & Catherine Wolfram, 2008. "Inefficiencies And Market Power In Financial Arbitrage: A Study Of California'S Electricity Markets," Journal of Industrial Economics, Wiley Blackwell, vol. 56(2), pages 347-378, June.
    See citations under working paper version above.
  21. James Bushnell & Carla Peterman & Catherine Wolfram, 2008. "Local Solutions to Global Problems: Climate Change Policies and Regulatory Jurisdiction," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 2(2), pages 175-193, Summer.
    See citations under working paper version above.
  22. James Bushnell, 2007. "Oligopoly equilibria in electricity contract markets," Journal of Regulatory Economics, Springer, vol. 32(3), pages 225-245, December.
    See citations under working paper version above.
  23. James B. Bushnell & Erin T. Mansur, 2005. "Consumption Under Noisy Price Signals: A Study Of Electricity Retail Rate Deregulation In San Diego," Journal of Industrial Economics, Wiley Blackwell, vol. 53(4), pages 493-513, December.
    See citations under working paper version above.
  24. Bushnell, James, 2005. "Electricity Resource Adequacy: Matching Policies and Goals," The Electricity Journal, Elsevier, vol. 18(8), pages 11-21, October.

    Cited by:

    1. Frank A. Wolak, 2014. "Regulating Competition in Wholesale Electricity Supply," NBER Chapters, in: Economic Regulation and Its Reform: What Have We Learned?, pages 195-289, National Bureau of Economic Research, Inc.
    2. Peter Cramton & Steven Stoft, 2006. "The Convergence of Market Designs for Adequate Generating Capacity," Papers of Peter Cramton 06mdfra, University of Maryland, Department of Economics - Peter Cramton, revised 2006.
    3. Peter Cramton & Axel Ockenfels, 2012. "Economics and Design of Capacity Markets for the Power Sector," Papers of Peter Cramton 12cocap, University of Maryland, Department of Economics - Peter Cramton, revised 2012.
    4. Veronika Grimm & Gregor Zoettl, 2013. "Investment Incentives and Electricity Spot Market Competition," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 22(4), pages 832-851, December.
    5. Paul Simshauser, 2019. "Lessons from Australia's National Electricity Market 1998-2018: the strengths and weaknesses of the reform experience," Working Papers EPRG1927, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    6. Simshauser, Paul, 2018. "On intermittent renewable generation & the stability of Australia's National Electricity Market," Energy Economics, Elsevier, vol. 72(C), pages 1-19.
    7. Simshauser, Paul, 2019. "Missing money, missing policy and Resource Adequacy in Australia's National Electricity Market," Utilities Policy, Elsevier, vol. 60(C), pages 1-1.
    8. Ben-Moshe, Ori & Rubin, Ofir D., 2015. "Does wind energy mitigate market power in deregulated electricity markets?," Energy, Elsevier, vol. 85(C), pages 511-521.
    9. Judson P. Boomhower & Lucas W. Davis, 2017. "Do Energy Efficiency Investments Deliver at the Right Time?," NBER Working Papers 23097, National Bureau of Economic Research, Inc.
    10. James Bushnell, 2011. "Building Blocks: Investment in Renewable and Nonrenewable Technologies," RSCAS Working Papers 2011/53, European University Institute.
    11. Veronika Grimm & Gregor Zoettl, 2006. "Access to Commitment Devices Reduces Investment Incentives in Oligopoly," Working Paper Series in Economics 25, University of Cologne, Department of Economics.
    12. Rosellon, Juan, 2006. "Different Approaches to Supply Adequacy in Electricity Markets," MPRA Paper 21944, University Library of Munich, Germany.
    13. Tishler, Asher & Milstein, Irena & Woo, Chi-Keung, 2008. "Capacity commitment and price volatility in a competitive electricity market," Energy Economics, Elsevier, vol. 30(4), pages 1625-1647, July.
    14. Simshauser, Paul, 2010. "Vertical integration, credit ratings and retail price settings in energy-only markets: Navigating the Resource Adequacy problem," Energy Policy, Elsevier, vol. 38(11), pages 7427-7441, November.
    15. Tishler, A. & Newman, J. & Spekterman, I. & Woo, C.K., 2008. "Assessing the options for a competitive electricity market in Israel," Utilities Policy, Elsevier, vol. 16(1), pages 21-29, March.
    16. Simshauser, Paul & Tian, Yuan & Whish-Wilson, Patrick, 2015. "Vertical integration in energy-only electricity markets," Economic Analysis and Policy, Elsevier, vol. 48(C), pages 35-56.
    17. Hirth, Lion & Khanna, Tarun & Ruhnau, Oliver, 2023. "How aggregate electricity demand responds to hourly wholesale price fluctuations," EconStor Preprints 272048, ZBW - Leibniz Information Centre for Economics.

  25. Bushnell, James, 2004. "California's electricity crisis: a market apart?," Energy Policy, Elsevier, vol. 32(9), pages 1045-1052, June.

    Cited by:

    1. Jordi Brandts & Paul Pezanis-Christou & Arthur Schram, 2003. "Competition with Forward Contracts: A Laboratory Analysis Motivated by Electricity Market Design," Levine's Bibliography 666156000000000172, UCLA Department of Economics.
    2. Muñoz, Francisco D. & Suazo-Martínez, Carlos & Pereira, Eduardo & Moreno, Rodrigo, 2021. "Electricity market design for low-carbon and flexible systems: Room for improvement in Chile," Energy Policy, Elsevier, vol. 148(PB).
    3. Woo, C.K. & King, M. & Tishler, A. & Chow, L.C.H., 2006. "Costs of electricity deregulation," Energy, Elsevier, vol. 31(6), pages 747-768.
    4. James Bushnell, 2007. "Oligopoly equilibria in electricity contract markets," Journal of Regulatory Economics, Springer, vol. 32(3), pages 225-245, December.
    5. Simshauser, P., 2020. "Merchant renewables and the valuation of peaking plant in energy-only markets," Cambridge Working Papers in Economics 2002, Faculty of Economics, University of Cambridge.
    6. Bushnell, James & Mansur, Erin T. & Saravia, Celeste, 2008. "Vertical Arrangements, Market Structure and Competition: An Analysis of Restructured U.S. Electricity Markets," Staff General Research Papers Archive 13130, Iowa State University, Department of Economics.
    7. Remco van Eijkel & Jose Luis Moraga, 2010. "Do Firms sell forward for Strategic Reasons? An Application to the Wholesale Market for Natural Gas," Tinbergen Institute Discussion Papers 10-058/1, Tinbergen Institute.
    8. van Eijkel, Remco & Moraga-González, Jose L., 2010. "Do firms sell forward for strategic reasons? An application to the wholesale market for natural gas," IESE Research Papers D/864, IESE Business School.
    9. Holmberg, Pär & Newbery, David, 2009. "The Supply Function Equilibrium and Its Policy Implications for Wholesale Electricity Auctions," Working Paper Series 812, Research Institute of Industrial Economics.
    10. Amundsen, Eirik S. & Bergman, Lars, 2006. "Why has the Nordic electricity market worked so well?," Utilities Policy, Elsevier, vol. 14(3), pages 148-157, September.
    11. Paul Simshauser & Tim Nelson, 2012. "The second‐round effects of carbon taxes on power project finance," Journal of Financial Economic Policy, Emerald Group Publishing Limited, vol. 4(2), pages 104-127, May.
    12. Simshauser, Paul, 2022. "Rooftop solar PV and the peak load problem in the NEM's Queensland region," Energy Economics, Elsevier, vol. 109(C).
    13. Machiel Mulder & Gijsbert Zwart, 2006. "Market failures and government policies in gas markets," CPB Memorandum 143, CPB Netherlands Bureau for Economic Policy Analysis.
    14. Roland Meyer, 2012. "Economies of scope in electricity supply and the costs of vertical separation for different unbundling scenarios," Journal of Regulatory Economics, Springer, vol. 42(1), pages 95-114, August.
    15. Baker, Scott R. & Davis, Steven J. & Levy, Jeffrey A., 2022. "State-level economic policy uncertainty," Journal of Monetary Economics, Elsevier, vol. 132(C), pages 81-99.
    16. Hunt., Julian David & Stilpen, Daniel & de Freitas, Marcos Aurélio Vasconcelos, 2018. "A review of the causes, impacts and solutions for electricity supply crises in Brazil," Renewable and Sustainable Energy Reviews, Elsevier, vol. 88(C), pages 208-222.
    17. Paul Simshauser, 2020. "Merchant utilities and boundaries of the firm: vertical integration in energy-only markets," Working Papers EPRG2008, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    18. Simshauser, Paul, 2010. "Vertical integration, credit ratings and retail price settings in energy-only markets: Navigating the Resource Adequacy problem," Energy Policy, Elsevier, vol. 38(11), pages 7427-7441, November.
    19. Zhang, Liang & Ruan, Jian & Ding, Jianhua, 2014. "The institutional power shortage in China: Capacity shortage or capacity under-utilisation?," Applied Energy, Elsevier, vol. 136(C), pages 480-494.
    20. Hendam, Mohamed & Schittekatte, Tim & Abdel-Rahman, Mohamed & Kamh, Mohamed Zakaria, 2022. "Rethinking electricity rate design: Fostering the energy transition in North Africa," Energy Policy, Elsevier, vol. 169(C).
    21. Lee, Nathan R., 2020. "When competition plays clean: How electricity market liberalization facilitated state-level climate policies in the United States," Energy Policy, Elsevier, vol. 139(C).
    22. Haitao Xiang & Ying Kong & Wai Kin Victor Chan & Sum Wai Chiang, 2019. "Impact of Price–Quantity Uncertainties and Risk Aversion on Energy Retailer’s Pricing and Hedging Behaviors," Energies, MDPI, vol. 12(17), pages 1-20, August.

  26. James Bushnell, 2003. "A Mixed Complementarity Model of Hydrothermal Electricity Competition in the Western United States," Operations Research, INFORMS, vol. 51(1), pages 80-93, February.

    Cited by:

    1. Chernyavs'ka, Liliya & Gullì, Francesco, 2008. "Marginal CO2 cost pass-through under imperfect competition in power markets," Ecological Economics, Elsevier, vol. 68(1-2), pages 408-421, December.
    2. Bernard, Jean-Thomas & Clavet, Frederic & Ondo, Jean-Cleophas, 2003. "Seamless Electricity Trade between Canada and US Northeast," Cahiers de recherche 0307, Université Laval - Département d'économique.
    3. Cruise, James R. & Flatley, Lisa & Zachary, Stan, 2018. "Impact of storage competition on energy markets," European Journal of Operational Research, Elsevier, vol. 269(3), pages 998-1012.
    4. Chernyavs’ka, Liliya & Gullì, Francesco, 2007. "Interaction of carbon and electricity prices under imperfect competition," MPRA Paper 5866, University Library of Munich, Germany.
    5. Mauritzen, Johannes & Tangerås, Thomas, 2014. "Real-time versus Day-ahead Market Power in a Hydro-based Electricity Market," Working Paper Series 1009, Research Institute of Industrial Economics.
    6. Michele Fioretti & Jorge Tamayo, 2021. "Saving for a Dry Day: Coal, Dams, and the Energy Transition," Sciences Po publications 2021-07, Sciences Po.
    7. Camille Megy & Olivier Massol, 2023. "Is Power-to-Gas always beneficial? The implications of ownership structure," Post-Print hal-04318884, HAL.
    8. Neetzow, Paul & Mendelevitch, Roman & Siddiqui, Sauleh, 2019. "Modeling coordination between renewables and grid: Policies to mitigate distribution grid constraints using residential PV-battery systems," Energy Policy, Elsevier, vol. 132(C), pages 1017-1033.
    9. Wolf-Peter Schill & Claudia Kemfert, 2009. "The Effect of Market Power on Electricity Storage Utilization: The Case of Pumped Hydro Storage in Germany," Discussion Papers of DIW Berlin 947, DIW Berlin, German Institute for Economic Research.
    10. Genc, Talat S. & Thille, Henry, 2011. "Investment in electricity markets with asymmetric technologies," Energy Economics, Elsevier, vol. 33(3), pages 379-387, May.
    11. Heikki Peura & Derek W. Bunn, 2015. "Dynamic Pricing of Peak Production," Operations Research, INFORMS, vol. 63(6), pages 1262-1279, December.
    12. Olivier Massol & Omer Rifaat, 2016. "Phasing out the U.S. Federal Helium Reserve: Policy insights from a world helium model," Working Papers hal-02475950, HAL.
    13. Francesco Gulli & Liliya Chernyav´ska, 2007. "Modelling CO2 Price Pass-Through in Imperfectly Competitive Power Markets," Energy and Environmental Modeling 2007 24000016, EcoMod.
    14. Gro Klæboe & Jørgen Braathen & Anders Lund Eriksrud & Stein-Erik Fleten, 2022. "Day-ahead market bidding taking the balancing power market into account," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 30(3), pages 683-703, October.
    15. Alfredo Garcia & Enrique Campos-Nañez & James Reitzes, 2005. "Dynamic Pricing and Learning in Electricity Markets," Operations Research, INFORMS, vol. 53(2), pages 231-241, April.
    16. van Ackere, Ann & Ruud, Morten & Davidsen, Paal, 2005. "Managing a reservoir-based hydro-energy plant: building understanding in the buy and sell decisions in a changing environment," Energy Policy, Elsevier, vol. 33(7), pages 939-947, May.
    17. Yanming Sun & Lin Zhang, 2019. "Full Separation or Full Integration? An Investigation of the Optimal Renewables Policy Employing Tradable Green Certificate Systems in Two Countries’ Electricity Markets," IJERPH, MDPI, vol. 16(24), pages 1-17, December.
    18. Trüby, Johannes, 2013. "Strategic behaviour in international metallurgical coal markets," Energy Economics, Elsevier, vol. 36(C), pages 147-157.
    19. Lundin, Erik, 2016. "Market Power and Joint Ownership: Evidence from Nuclear Plants in Sweden," Working Paper Series 1113, Research Institute of Industrial Economics, revised 04 Nov 2019.
    20. Heikki Peura & Derek W. Bunn, 2021. "Renewable Power and Electricity Prices: The Impact of Forward Markets," Management Science, INFORMS, vol. 67(8), pages 4772-4788, August.
    21. Augusto Rupérez-Micola & Albert Banal-Estañol, 2007. "Composition of electricity generation portfolios, pivotal dynamics and market prices," Economics Working Papers 1083, Department of Economics and Business, Universitat Pompeu Fabra.
    22. C. Robert Clark & Andrew Leach, 2007. "The Potential for Electricity Market Restructuring in Quebec," Canadian Public Policy, University of Toronto Press, vol. 33(1), pages 1-20, March.
    23. Gejirifu De & Zhongfu Tan & Menglu Li & Liling Huang & Xueying Song, 2018. "Two-Stage Stochastic Optimization for the Strategic Bidding of a Generation Company Considering Wind Power Uncertainty," Energies, MDPI, vol. 11(12), pages 1-21, December.
    24. Fabra, Natalia, 2021. "The energy transition: An industrial economics perspective," International Journal of Industrial Organization, Elsevier, vol. 79(C).
    25. Lynch, Muireann Á. & Nolan, Sheila & Devine, Mel T. & O’Malley, Mark, 2019. "The impacts of demand response participation in capacity markets," Applied Energy, Elsevier, vol. 250(C), pages 444-451.
    26. David Andrés-Cerezo & Natalia Fabra, 2020. "Storing Power: Market Structure Matters," Working Papers EPRG2038, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    27. Finn R. Førsund, 2007. "Hydropower Economics," International Series in Operations Research and Management Science, Springer, number 978-0-387-73027-1, December.
    28. Pittman, Russell, 2007. "Restructuring the Russian electricity sector: Re-creating California?," Energy Policy, Elsevier, vol. 35(3), pages 1872-1883, March.
    29. Debia, Sébastien & Pineau, Pierre-Olivier & Siddiqui, Afzal S., 2019. "Strategic use of storage: The impact of carbon policy, resource availability, and technology efficiency on a renewable-thermal power system," Energy Economics, Elsevier, vol. 80(C), pages 100-122.
    30. Alisha Fernandez & Seth Blumsack & Patrick Reed, 2012. "Evaluating wind-following and ecosystem services for hydroelectric dams in PJM," Journal of Regulatory Economics, Springer, vol. 41(1), pages 139-154, February.
    31. Cristian Zambrano & Yris Olaya, 2017. "An agent-based simulation approach to congestion management for the Colombian electricity market," Annals of Operations Research, Springer, vol. 258(2), pages 217-236, November.
    32. Carpio, Lucio Guido Tapia & Pereira, Amaro Jr., 2007. "Economical efficiency of coordinating the generation by subsystems with the capacity of transmission in the Brazilian market of electricity," Energy Economics, Elsevier, vol. 29(3), pages 454-466, May.
    33. Steeger, Gregory & Rebennack, Steffen, 2017. "Dynamic convexification within nested Benders decomposition using Lagrangian relaxation: An application to the strategic bidding problem," European Journal of Operational Research, Elsevier, vol. 257(2), pages 669-686.
    34. Førsund, Finn R., 2009. "Energy in a Bathtub: Electricity Trade between Countries with Different Generation Technologies," Memorandum 17/2009, Oslo University, Department of Economics.
    35. Derek W. Bunn & Fernando S. Oliveira, 2008. "Modeling the Impact of Market Interventions on the Strategic Evolution of Electricity Markets," Operations Research, INFORMS, vol. 56(5), pages 1116-1130, October.
    36. Genc, Talat S. & Thille, Henry & ElMawazini, Khaled, 2020. "Dynamic competition in electricity markets under uncertainty," Energy Economics, Elsevier, vol. 90(C).
    37. Yihsu Chen & Andrew L. Liu & Benjamin F. Hobbs, 2011. "Economic and Emissions Implications of Load-Based, Source-Based, and First-Seller Emissions Trading Programs Under California AB32," Operations Research, INFORMS, vol. 59(3), pages 696-712, June.
    38. Debia, Sébastien & Pineau, Pierre-Olivier & Siddiqui, Afzal S., 2021. "Strategic storage use in a hydro-thermal power system with carbon constraints," Energy Economics, Elsevier, vol. 98(C).
    39. Daniel Huppmann, 2013. "Endogenous Shifts in OPEC Market Power: A Stackelberg Oligopoly with Fringe," Discussion Papers of DIW Berlin 1313, DIW Berlin, German Institute for Economic Research.
    40. Devine, Mel & Nolan, Sheila & Lynch, Muireann Á. & O’Malley, Mark, 2019. "The effect of Demand Response and wind generation on electricity investment and operation," Papers RB201907, Economic and Social Research Institute (ESRI).
    41. Tómasson, Egill & Hesamzadeh, Mohammad Reza & Wolak, Frank A., 2020. "Optimal offer-bid strategy of an energy storage portfolio: A linear quasi-relaxation approach," Applied Energy, Elsevier, vol. 260(C).
    42. Poletti, Stephen, 2021. "Market Power in the New Zealand electricity wholesale market 2010–2016," Energy Economics, Elsevier, vol. 94(C).
    43. Guido Tapia Carpio, Lucio & Olimpio Pereira, Amaro Jr, 2006. "Independent operation by subsystems: Strategic behavior for the Brazilian electricity sector," Energy Policy, Elsevier, vol. 34(17), pages 2964-2976, November.
    44. Farzad Hassanzadeh Moghimi & Yihsu Chen & Afzal S. Siddiqui, 2023. "Flexible supply meets flexible demand: prosumer impact on strategic hydro operations," Computational Management Science, Springer, vol. 20(1), pages 1-35, December.
    45. Sandsmark, Maria & Tennbakk, Berit, 2010. "Ex post monitoring of market power in hydro dominated electricity markets," Energy Policy, Elsevier, vol. 38(3), pages 1500-1509, March.
    46. Shan, Rui & Abdulla, Ahmed & Li, Mingquan, 2021. "Deleterious effects of strategic, profit-seeking energy storage operation on electric power system costs," Applied Energy, Elsevier, vol. 292(C).
    47. Löschenbrand, Markus & Wei, Wei & Liu, Feng, 2018. "Hydro-thermal power market equilibrium with price-making hydropower producers," Energy, Elsevier, vol. 164(C), pages 377-389.
    48. Löschenbrand, Markus, 2020. "Finding multiple Nash equilibria via machine learning-supported Gröbner bases," European Journal of Operational Research, Elsevier, vol. 284(3), pages 1178-1189.
    49. Benjamin F. Hobbs & J. S. Pang, 2007. "Nash-Cournot Equilibria in Electric Power Markets with Piecewise Linear Demand Functions and Joint Constraints," Operations Research, INFORMS, vol. 55(1), pages 113-127, February.
    50. Višković, Verena & Chen, Yihsu & Siddiqui, Afzal S., 2017. "Implications of the EU Emissions Trading System for the South-East Europe Regional Electricity Market," Energy Economics, Elsevier, vol. 65(C), pages 251-261.
    51. Nolan, Sheila & Devine, Mel & Lynch, Muireann & O'Malley, Mark, 2016. "Impact of Demand Response Participation in Energy, Reserve and Capacity Markets," MPRA Paper 74672, University Library of Munich, Germany.
    52. Timo Lohmann & Steffen Rebennack, 2017. "Tailored Benders Decomposition for a Long-Term Power Expansion Model with Short-Term Demand Response," Management Science, INFORMS, vol. 63(6), pages 2027-2048, June.
    53. Helgesen, Per Ivar & Tomasgard, Asgeir, 2018. "An equilibrium market power model for power markets and tradable green certificates, including Kirchhoff's Laws and Nash-Cournot competition," Energy Economics, Elsevier, vol. 70(C), pages 270-288.
    54. Kosnik, Lea, 2008. "Consolidation and ownership trends of nonfederal hydropower generating assets, 1980-2003," Energy Economics, Elsevier, vol. 30(3), pages 715-731, May.
    55. Paul Neetzow & Roman Mendelevitch & Sauleh Siddiqui, 2018. "Modeling Coordination between Renewables and Grid: Policies to Mitigate Distribution Grid Constraints Using Residential PV-Battery Systems," Discussion Papers of DIW Berlin 1766, DIW Berlin, German Institute for Economic Research.
    56. Robles, Jack, 2016. "Infinite horizon hydroelectricity games," Working Paper Series 19421, Victoria University of Wellington, School of Economics and Finance.
    57. Finn R. Førsund, 2006. "The Anatomy of Market Power in Electricity Markets with Hydropower as Dominating Technology," ICER Working Papers 21-2006, ICER - International Centre for Economic Research.
    58. Philpott, Andy & Guan, Ziming & Khazaei, Javad & Zakeri, Golbon, 2010. "Production inefficiency of electricity markets with hydro generation," Utilities Policy, Elsevier, vol. 18(4), pages 174-185, December.

  27. Severin Borenstein & James B. Bushnell & Frank A. Wolak, 2002. "Measuring Market Inefficiencies in California's Restructured Wholesale Electricity Market," American Economic Review, American Economic Association, vol. 92(5), pages 1376-1405, December.

    Cited by:

    1. Moore, J. & Woo, C.K. & Horii, B. & Price, S. & Olson, A., 2010. "Estimating the option value of a non-firm electricity tariff," Energy, Elsevier, vol. 35(4), pages 1609-1614.
    2. Ulrich Doraszelski & Gregory Lewis & Ariel Pakes, 2016. "Just Starting Out: Learning and Equilibrium in a New Market," NBER Working Papers 21996, National Bureau of Economic Research, Inc.
    3. Jordi Brandts & Paul Pezanis-Christou & Arthur Schram, 2003. "Competition with Forward Contracts: A Laboratory Analysis Motivated by Electricity Market Design," Levine's Bibliography 666156000000000172, UCLA Department of Economics.
    4. Susan Athey & Philip A. Haile, 2006. "Empirical Models of Auctions," Cowles Foundation Discussion Papers 1562, Cowles Foundation for Research in Economics, Yale University.
    5. Graf, Christoph & Wozabal, David, 2013. "Measuring competitiveness of the EPEX spot market for electricity," Energy Policy, Elsevier, vol. 62(C), pages 948-958.
    6. Erin T. Mansur, 2007. "Prices vs. Quantities: Environmental Regulation and Imperfect Competition," NBER Working Papers 13510, National Bureau of Economic Research, Inc.
    7. Wolak, Frank A., 2005. "Lessons from international experience with electricity market monitoring," Policy Research Working Paper Series 3692, The World Bank.
    8. Sven Heim & Georg Götz, 2013. "Do pay-as-bid auctions favor collusion? - Evidence from Germany’s market for reserve power," MAGKS Papers on Economics 201324, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    9. Shukla, Umesh Kumar & Thampy, Ashok, 2011. "Analysis of competition and market power in the wholesale electricity market in India," Energy Policy, Elsevier, vol. 39(5), pages 2699-2710, May.
    10. Andreoli-Versbach, Patrick & Franck, Jens-Uwe, 2013. "Actions Speak Louder than Words: Econometric Evidence to Target Tacit Collusion in Oligopolistic Markets," Discussion Papers in Economics 16179, University of Munich, Department of Economics.
    11. Benatia, David & Billette de Villemeur, Etienne, 2019. "Strategic Reneging in Sequential Imperfect Markets," MPRA Paper 105280, University Library of Munich, Germany, revised Jan 2020.
    12. Vives, Xavier, 2008. "Strategic supply function competition with private information," IESE Research Papers D/774, IESE Business School.
    13. Machiel Mulder, 2015. "Competition in the Dutch Electricity Market: An Empirical Analysis over 2006-2011," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2).
    14. Chu, Yin & Chang, Chun-Ping, 2020. "Vertical separation of transmission control and market efficiency in the wholesale electricity market," The North American Journal of Economics and Finance, Elsevier, vol. 51(C).
    15. Abito, Jose Miguel & Knittel, Christopher R. & Metaxoglou, Konstantinos & Trindade, André, 2022. "The role of output reallocation and investment in coordinating environmental markets," International Journal of Industrial Organization, Elsevier, vol. 83(C).
    16. Nillesen , P.H.L. & Pollitt, M.G., 2004. "The Consequences for Consumer Welfare of the 2001-2003 Electricity Distribution Price Review in The Netherlands," Cambridge Working Papers in Economics 0446, Faculty of Economics, University of Cambridge.
    17. Roxas, Fernando & Santiago, Andrea, 2010. "Broken dreams: Unmet expectations of investors in the Philippine electricity restructuring and privatization," Energy Policy, Elsevier, vol. 38(11), pages 7269-7277, November.
    18. Soledad Arellano, 2004. "Reformando el sector eléctrico chileno: Diga NO a la liberalización del mercado spot (Reforming the Chilean electricity sector: Just say NO to the Liberation of the spot market)," Documentos de Trabajo 197, Centro de Economía Aplicada, Universidad de Chile.
    19. van Koten, Silvester & Ortmann, Andreas, 2013. "Structural versus behavioral remedies in the deregulation of electricity markets: An experimental investigation motivated by policy concerns," European Economic Review, Elsevier, vol. 64(C), pages 256-265.
    20. Fraser, Alastair & Kuok, Jonathan Chiew Sheen & Leslie, Gordon W., 2023. "Climate reform and transitional industry assistance: Windfall profits for polluters?," Energy Economics, Elsevier, vol. 121(C).
    21. Wolf-Peter Schill, 2010. "Electric Vehicles in Imperfect Electricity Markets: A German Case Study," Discussion Papers of DIW Berlin 1084, DIW Berlin, German Institute for Economic Research.
    22. Ali Hortaçsu & Seyed Ali Madanizadeh & Steven L. Puller, 2015. "Power to Choose? An Analysis of Consumer Inertia in the Residential Electricity Market," NBER Working Papers 20988, National Bureau of Economic Research, Inc.
    23. Delis, Manthos D & Iosifidi, Maria & Tsionas, Efthymios, 2012. "On the estimation of marginal cost," MPRA Paper 43514, University Library of Munich, Germany.
    24. Marta Ferreira Dias & Silvia F. Jorge, 2017. "Market power and integrated regional markets of electricity: a simulation of the MIBEL," International Journal of Economic Sciences, International Institute of Social and Economic Sciences, vol. 6(2), pages 45-67, November.
    25. Mauritzen, Johannes & Tangerås, Thomas, 2014. "Real-time versus Day-ahead Market Power in a Hydro-based Electricity Market," Working Paper Series 1009, Research Institute of Industrial Economics.
    26. John Kwoka, 2008. "Restructuring the U.S. Electric Power Sector: A Review of Recent Studies," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 32(3), pages 165-196, May.
    27. Peter Cramton, 2003. "Competitive Bidding Behavior in Uniform-Price Auction Markets," Papers of Peter Cramton 03ferc1, University of Maryland, Department of Economics - Peter Cramton, revised 2003.
    28. ITO Koichiro & Mar REGUANT, 2015. "Sequential Markets, Market Power and Arbitrage," Discussion papers 15015, Research Institute of Economy, Trade and Industry (RIETI).
    29. Tooraj Jamasb, 2002. "Reform and regulation of the electricity sectors in developing countries," Working Papers EP08, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    30. Woo, C.K. & King, M. & Tishler, A. & Chow, L.C.H., 2006. "Costs of electricity deregulation," Energy, Elsevier, vol. 31(6), pages 747-768.
    31. Woo, Chi-Keung & Olson, Arne & Horowitz, Ira & Luk, Stephen, 2006. "Bi-directional causality in California's electricity and natural-gas markets," Energy Policy, Elsevier, vol. 34(15), pages 2060-2070, October.
    32. Brown, David P. & Eckert, Andrew, 2016. "Electricity Market Mergers with Endogenous Forward Contracting," Working Papers 2016-6, University of Alberta, Department of Economics.
    33. Newbery, David M. & Greve, Thomas, 2017. "The strategic robustness of oligopoly electricity market models," Energy Economics, Elsevier, vol. 68(C), pages 124-132.
    34. Alex Pérez & Jaime Carabalí, 2021. "Un modelo sobre competencia en mercados de electricidad: contratos bilaterales en Colombia," Revista Desarrollo y Sociedad, Universidad de los Andes,Facultad de Economía, CEDE, vol. 87(5), March.
    35. Christopher R. Knittel & Konstantinos Metaxoglou & Andre Trindade, 2015. "Natural Gas Prices and Coal Displacement: Evidence from Electricity Markets," NBER Working Papers 21627, National Bureau of Economic Research, Inc.
    36. Moritz Bohland & Sebastian Schwenen, 2020. "Technology Policy and Market Structure: Evidence from the Power Sector," Discussion Papers of DIW Berlin 1856, DIW Berlin, German Institute for Economic Research.
    37. James Bushnell, 2007. "Oligopoly equilibria in electricity contract markets," Journal of Regulatory Economics, Springer, vol. 32(3), pages 225-245, December.
    38. Ian W.H. Parry & Hilary Sigman & Margaret Walls & Roberton C. Williams III, 2005. "The Incidence of Pollution Control Policies," NBER Working Papers 11438, National Bureau of Economic Research, Inc.
    39. Gal, Nurit & Milstein, Irena & Tishler, Asher & Woo, C.K., 2019. "Investment in electricity capacity under fuel cost uncertainty: Dual-fuel and a mix of single-fuel technologies," Energy Policy, Elsevier, vol. 126(C), pages 518-532.
    40. Carlo Fezzi & Derek Bunn, 2010. "Structural Analysis of Electricity Demand and Supply Interactions," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 72(6), pages 827-856, December.
    41. Chan, H. Ron & Fell, Harrison & Lange, Ian & Li, Shanjun, 2017. "Efficiency and environmental impacts of electricity restructuring on coal-fired power plants," Journal of Environmental Economics and Management, Elsevier, vol. 81(C), pages 1-18.
    42. Simshauser, Paul, 2024. "On static vs. dynamic line ratings in renewable energy zones," Energy Economics, Elsevier, vol. 129(C).
    43. Brekke, Kjell Arne & Golombek, Rolf & Kittelsen, Sverre, 2008. "Is electricity more important than natural gas? Partial liberalization of the Western-European energy markets," Memorandum 01/2008, Oslo University, Department of Economics.
    44. Ciarreta, Aitor & Nasirov, Shahriyar & Silva, Carlos, 2016. "The development of market power in the Spanish power generation sector: Perspectives after market liberalization," Energy Policy, Elsevier, vol. 96(C), pages 700-710.
    45. Chi-Keung Woo, Ira Horowitz, Brian Horii, Ren Orans, and Jay Zarnikau, 2012. "Blowing in the Wind: Vanishing Payoffs of a Tolling Agreement for Natural-gas-fired Generation of Electricity in Texas," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1).
    46. Juan ToroNatalia Fabra & Universidad Carlos III de Madrid, 2002. "Price Wars and Collusion in the Spanish Electricity Market," Economics Series Working Papers 136, University of Oxford, Department of Economics.
    47. Mansur, Erin T, 2007. "Upstream Competition and Vertical Integration in Electricity Markets," Journal of Law and Economics, University of Chicago Press, vol. 50(1), pages 125-156, February.
    48. Neuhoff, Karsten & Barquin, Julian & Boots, Maroeska G. & Ehrenmann, Andreas & Hobbs, Benjamin F. & Rijkers, Fieke A.M. & Vazquez, Miguel, 2005. "Network-constrained Cournot models of liberalized electricity markets: the devil is in the details," Energy Economics, Elsevier, vol. 27(3), pages 495-525, May.
    49. Ketter, W. & Collins, J. & de Weerdt, M.M., 2016. "The 2016 Power Trading Agent Competition," ERIM Report Series Research in Management ERS-2016-002-LIS, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    50. Ali Hortaçsu & Steven L. Puller, 2008. "Understanding strategic bidding in multi‐unit auctions: a case study of the Texas electricity spot market," RAND Journal of Economics, RAND Corporation, vol. 39(1), pages 86-114, March.
    51. Wolf-Peter Schill & Claudia Kemfert, 2009. "The Effect of Market Power on Electricity Storage Utilization: The Case of Pumped Hydro Storage in Germany," Discussion Papers of DIW Berlin 947, DIW Berlin, German Institute for Economic Research.
    52. Woo, C.K. & Shiu, A. & Liu, Y. & Luo, X. & Zarnikau, J., 2018. "Consumption effects of an electricity decarbonization policy: Hong Kong," Energy, Elsevier, vol. 144(C), pages 887-902.
    53. Jonathan E. Hughes & Ian A. Lange, 2018. "Who (Else) Benefits from Electricity Deregulation? Coal Prices, Natural Gas and Price Discrimination," CESifo Working Paper Series 7374, CESifo.
    54. Bigerna, Simona & Bollino, Carlo Andrea & D'Errico, Maria Chiara & Polinori, Paolo, 2015. "Competitive equilibrium in the italian wholesale electricity market," MPRA Paper 68310, University Library of Munich, Germany.
    55. Tingwen Liu, 2015. "The Residential Demand for Electricity in South Korea," International Journal of Economics and Empirical Research (IJEER), The Economics and Social Development Organization (TESDO), vol. 3(2), pages 73-85, Fabruary.
    56. Fershtman, Chaim & Pakes, Ariel, 2005. "Finite State Dynamic Games with Asymmetric Information: A Framework for Applied Work," CEPR Discussion Papers 5024, C.E.P.R. Discussion Papers.
    57. Tomaso Duso & Florian Szücs & Veit Böckers, 2017. "Abuse of Dominance and Antitrust Enforcement in the German Electricity Market," Discussion Papers of DIW Berlin 1685, DIW Berlin, German Institute for Economic Research.
    58. Joskow, P.L., 2003. "The Difficult Transition to Competitive Electricity Markets in the U.S," Cambridge Working Papers in Economics 0328, Faculty of Economics, University of Cambridge.
    59. Evans, Lewis & Guthrie, Graeme & Lu, Andrea, 2013. "The role of storage in a competitive electricity market and the effects of climate change," Energy Economics, Elsevier, vol. 36(C), pages 405-418.
    60. Rubin, Ofir D. & Babcock, Bruce A., 2011. "A novel approach for modeling deregulated electricity markets," Energy Policy, Elsevier, vol. 39(5), pages 2711-2721, May.
    61. Emmanuel Dechenaux & Dan Kovenock, 2007. "Tacit collusion and capacity withholding in repeated uniform price auctions," RAND Journal of Economics, RAND Corporation, vol. 38(4), pages 1044-1069, December.
    62. Maria Chiara D'Errico & Carlo Andrea Bollino, 2015. "Bayesian Analysis of Demand Elasticity in the Italian Electricity Market," Sustainability, MDPI, vol. 7(9), pages 1-22, September.
    63. Sergio Camelo & Anthony Papavasiliou & Luciano de Castro & Alvaro Riascos & Shmuel Oren, 2018. "A structural model to evaluate the transition from self-commitment to centralized unit commitment," LIDAM Reprints CORE 3043, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    64. Correa, Juan A. & Gómez, Marcos & Luengo, Andrés & Parro, Francisco, 2021. "Environmental misallocation in the copper industry," Resources Policy, Elsevier, vol. 71(C).
    65. Simona Bigerna and Carlo Andrea Bollino, 2015. "A System Of Hourly Demand in the Italian Electricity Market," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
    66. Moul, Charles C. & Miller, Brandon A., 2021. "An aggregate test for transient market power in the winter 2013–14 propane market," Economics Letters, Elsevier, vol. 200(C).
    67. Tsybina, Eve & Moreno-Cruz, Juan & Tereshin, Alexey, 2019. "Liberalisation lowers primary energy efficiency: Evidence from twin power systems," Energy, Elsevier, vol. 173(C), pages 423-435.
    68. Evangelina Dardati, 2016. "Pollution Permit Systems And Firm Dynamics: How Does The Allocation Scheme Matter?," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 57(1), pages 305-328, February.
    69. Grossi, Luigi & Heim, Sven & Waterson, Michael, 2014. "A vision of the European energy future? The impact of the German response to the Fukushima earthquake," ZEW Discussion Papers 14-051, ZEW - Leibniz Centre for European Economic Research.
    70. Klumpp, Tilman & Su, Xuejuan, 2013. "Strategic Investments under Open Access: Theory and Evidence," Working Papers 2013-2, University of Alberta, Department of Economics.
    71. Federico Boffa & Viswanath Pingali & Davide Vannoni, 2009. "Increasing Market Interconnection: An analysis of the Italian Electricity Spot Market," Working papers 04, Former Department of Economics and Public Finance "G. Prato", University of Torino.
    72. Dae-Wook Kim & Christopher R. Knittel, 2004. "Biases in Static Oligopoly Models? Evidence from the California Electricity Market," NBER Working Papers 10895, National Bureau of Economic Research, Inc.
    73. Marks, Levi & Mason, Charles & Mohlin, Kristina & Zaragoza-Watkins, Matthew, 2017. "Vertical Market Power in Interconnected Natural Gas and Electricity Markets," RFF Working Paper Series 17-27, Resources for the Future.
    74. Linn, Joshua & Mastrangelo, Erin & Burtraw, Dallas, 2013. "Regulating Greenhouse Gases from Coal Power Plants under the Clean Air Act," RFF Working Paper Series dp-13-05, Resources for the Future.
    75. Debin Fang & Qiyu Ren & Qian Yu, 2018. "How Elastic Demand Affects Bidding Strategy in Electricity Market: An Auction Approach," Energies, MDPI, vol. 12(1), pages 1-13, December.
    76. Milstein, Irena & Tishler, Asher, 2015. "Can price volatility enhance market power? The case of renewable technologies in competitive electricity markets," Resource and Energy Economics, Elsevier, vol. 41(C), pages 70-90.
    77. Hu, Xinmin & Grozev, George & Batten, David, 2005. "Empirical observations of bidding patterns in Australia's National Electricity Market," Energy Policy, Elsevier, vol. 33(16), pages 2075-2086, November.
    78. SMEERS, Yves, 2005. "How well can one measure market power in restructured electricity systems ?," LIDAM Discussion Papers CORE 2005050, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    79. Orea, Luis & Steinbuks, Jevgenijs, 2012. "Estimating Market Power in Homogenous Product Markets Using a Composed Error Model: Application to the California Electricity Market," Efficiency Series Papers 2012/02, University of Oviedo, Department of Economics, Oviedo Efficiency Group (OEG).
    80. Luciano de Castro & Shmuel Oren & Alvaro Riascos & Miguel Bernal, 2014. "Transition to Centralized Unit Commitment: An Econometric Analysis of Colombia’s Experience," Borradores de Economia 830, Banco de la Republica de Colombia.
    81. Aitor Ciarreta & María Espinosa, 2010. "Market power in the Spanish electricity auction," Journal of Regulatory Economics, Springer, vol. 37(1), pages 42-69, February.
    82. Beat Hintermann, 2014. "Pass-through of CO2 Emission Costs to Hourly Electricity Prices in Germany," CESifo Working Paper Series 4964, CESifo.
    83. Hattori, Toru & Tsutsui, Miki, 2004. "Economic impact of regulatory reforms in the electricity supply industry: a panel data analysis for OECD countries," Energy Policy, Elsevier, vol. 32(6), pages 823-832, April.
    84. Corrado Di Maria & Ian Lange & Emiliya Lazarova, 2014. "A Look Upstream: Electricity Market Restructuring, Risk, Procurement Contracts and Efficiency," Working Papers 2014-12, Colorado School of Mines, Division of Economics and Business.
    85. Juan Pablo Botero Duque & John J. García & Hermilson Velásquez, 2016. "Efectos del cargo por confiabilidad sobre el precio spot de la energía eléctrica en Colombia," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, vol. 35(68), pages 491-519, January.
    86. Brown, David P. & Eckert, Andrew, 2016. "Analyzing the Impact of Electricity Market Structure Changes and Mergers: The Importance of Forward Commitments," Working Papers 2016-8, University of Alberta, Department of Economics.
    87. Humber, Jacob, 2014. "Mergers and Market Power in the US Nitrogen Fertilizer Industry," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170667, Agricultural and Applied Economics Association.
    88. Brehm, Paul A. & Zhang, Yiyuan, 2021. "The efficiency and environmental impacts of market organization: Evidence from the Texas electricity market," Energy Economics, Elsevier, vol. 101(C).
    89. Kopsakangas Savolainen, Maria & Svento, Rauli, 2012. "Real-Time Pricing in the Nordic Power markets," Energy Economics, Elsevier, vol. 34(4), pages 1131-1142.
    90. Tishler, A. & Woo, C.K., 2006. "Likely failure of electricity deregulation: Explanation with application to Israel," Energy, Elsevier, vol. 31(6), pages 845-856.
    91. David P. Brown & Derek E. H. Olmstead, 2017. "Measuring market power and the efficiency of Alberta's restructured electricity market: An energy-only market design," Canadian Journal of Economics, Canadian Economics Association, vol. 50(3), pages 838-870, August.
    92. Karakatsani Nektaria V & Bunn Derek W., 2010. "Fundamental and Behavioural Drivers of Electricity Price Volatility," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 14(4), pages 1-42, September.
    93. Brown, David P. & Eckert, Andrew, 2021. "Analyzing firm behavior in restructured electricity markets: Empirical challenges with a residual demand analysis," International Journal of Industrial Organization, Elsevier, vol. 74(C).
    94. Aitor Ciarreta & María Paz Espinosa, 2006. "Demand Elasticity and Market Power in the Spanish Electricity Market," Working Papers 0606, Departament Empresa, Universitat Autònoma de Barcelona, revised Jun 2006.
    95. Lee, Byoung-Hoon & Ahn, Hyeon-Hyo, 2006. "Electricity industry restructuring revisited: the case of Korea," Energy Policy, Elsevier, vol. 34(10), pages 1115-1126, July.
    96. Parry, Ian, 2004. "Fiscal Interactions and the Costs of Controlling Pollution from Electricity," RFF Working Paper Series dp-04-27, Resources for the Future.
    97. Twomey, P. & Green, R. & Neuhoff, K. & Newbery, D., 2005. "A Review of the Monitoring of Market Power The Possible Roles of TSOs in Monitoring for Market Power Issues in Congested Transmission Systems," Cambridge Working Papers in Economics 0504, Faculty of Economics, University of Cambridge.
    98. Nepal, Rabindra & Sofe, Ronald & Jamasb, Tooraj, 2022. "Independent Power Producers and Deregulation in an Island Based Small Electricity System: The Case of Papua New Guinea," Working Papers 14-2022, Copenhagen Business School, Department of Economics.
    99. Simona Bigerna & Carlo Andrea Bollino & Maria Chiara D’Errico & Paolo Polinori, 2023. "A new design for market power monitoring in the electricity market. A simulation for Italy," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 40(1), pages 285-317, April.
    100. Stephen P. Ryan & Mar Reguant & Meredith Fowlie, 2011. "Pollution Permits and the Evolution of Market Structure," 2011 Meeting Papers 1440, Society for Economic Dynamics.
    101. David P. Brown & Andrew Eckert & Douglas Silveira, 2023. "Strategic interaction between wholesale and ancillary service markets," Competition and Regulation in Network Industries, , vol. 24(4), pages 174-198, December.
    102. Alexander Hill, 2023. "Price freezes and gas pass-through: an estimation of the price impact of electricity market restructuring," Journal of Regulatory Economics, Springer, vol. 63(1), pages 87-116, April.
    103. Rajnish Kamat & Shmuel Oren, 2004. "Two-settlement Systems for Electricity Markets under Network Uncertainty and Market Power," Journal of Regulatory Economics, Springer, vol. 25(1), pages 5-37, January.
    104. Bunn, Derek W. & Chen, Dipeng, 2013. "The forward premium in electricity futures," Journal of Empirical Finance, Elsevier, vol. 23(C), pages 173-186.
    105. LaRiviere, Jacob & Lyu, Xueying, 2022. "Transmission constraints, intermittent renewables and welfare," Journal of Environmental Economics and Management, Elsevier, vol. 112(C).
    106. Sueyoshi, Toshiyuki, 2010. "An agent-based approach equipped with game theory: Strategic collaboration among learning agents during a dynamic market change in the California electricity crisis," Energy Economics, Elsevier, vol. 32(5), pages 1009-1024, September.
    107. Sirin, Selahattin Murat & Erten, Ibrahim, 2022. "Price spikes, temporary price caps, and welfare effects of regulatory interventions on wholesale electricity markets," Energy Policy, Elsevier, vol. 163(C).
    108. Bigerna, Simona & Bollino, Carlo Andrea & D'Errico, Maria Chiara & Polinori, Paolo, 2017. "The Ideal Competitive Electricity Market. A simulation for Italy," MPRA Paper 94893, University Library of Munich, Germany.
    109. Lundin, Erik, 2016. "Market Power and Joint Ownership: Evidence from Nuclear Plants in Sweden," Working Paper Series 1113, Research Institute of Industrial Economics, revised 04 Nov 2019.
    110. Førsund, Finn R. & Hoel, Michael, 2004. "Properties of a non-competitive electricity market dominated by hydroelectric power," Memorandum 07/2004, Oslo University, Department of Economics.
    111. Heikki Peura & Derek W. Bunn, 2021. "Renewable Power and Electricity Prices: The Impact of Forward Markets," Management Science, INFORMS, vol. 67(8), pages 4772-4788, August.
    112. Beheshtian, Arash & Richard Geddes, R. & Rouhani, Omid M. & Kockelman, Kara M. & Ockenfels, Axel & Cramton, Peter & Do, Wooseok, 2020. "Bringing the efficiency of electricity market mechanisms to multimodal mobility across congested transportation systems," Transportation Research Part A: Policy and Practice, Elsevier, vol. 131(C), pages 58-69.
    113. Meredith Fowlie & Mar Reguant & Stephen P. Ryan, 2016. "Market-Based Emissions Regulation and Industry Dynamics," Journal of Political Economy, University of Chicago Press, vol. 124(1), pages 249-302.
    114. Augusto Rupérez-Micola & Albert Banal-Estañol, 2007. "Composition of electricity generation portfolios, pivotal dynamics and market prices," Economics Working Papers 1083, Department of Economics and Business, Universitat Pompeu Fabra.
    115. Evans, Lewis & lu, Yinjia (Andrea) & Guthrie, Graeme, 2010. "A New Zealand Electricity Market Model: Assessment of the effect of climate change on electricity production and consumption," Working Paper Series 19161, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
    116. Jose-Miguel Abito & Christopher R. Knittel & Konstantinos Metaxoglou & André Trindade, 2018. "Coordinating Separate Markets for Externalities," NBER Working Papers 24481, National Bureau of Economic Research, Inc.
    117. Haxhimusa, Adhurim, 2018. "The Effects of German Wind and Solar Electricity on French Spot Price Volatility: An Empirical Investigation," Department of Economics Working Paper Series 258, WU Vienna University of Economics and Business.
    118. Ugur, Mehmet, 2009. "Liberalisation in a world of second best: evidence on European network industries," Greenwich Papers in Political Economy 3983, University of Greenwich, Greenwich Political Economy Research Centre.
    119. Truong, Truong & Hamasaki, Hiroshi, 2018. "Disaggregating the electricity sector in a CGE model to allow competition theory to explain the introduction of new technologies to the sector," Conference papers 332953, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    120. Anderson, Edward J. & Hu, Xinmin, 2008. "Forward contracts and market power in an electricity market," International Journal of Industrial Organization, Elsevier, vol. 26(3), pages 679-694, May.
    121. Van Biesebroeck, Johannes & Gao, Hang, 2011. "Effects of Deregulation and Vertical Unbundling on the Performance of China's Electricity Generation Sector," CEPR Discussion Papers 8695, C.E.P.R. Discussion Papers.
    122. Olsen, Ole Jess & Amundsen, Eirik S. & Donslund, Bjarne, 2006. "How to play the game as the bridge between two European power markets--the case of Western Denmark," Energy Policy, Elsevier, vol. 34(17), pages 3293-3304, November.
    123. Woo, C.K. & Milstein, I. & Tishler, A. & Zarnikau, J., 2019. "A wholesale electricity market design sans missing money and price manipulation," Energy Policy, Elsevier, vol. 134(C).
    124. Chernenko, Nadia, 2015. "Market power issues in the reformed Russian electricity supply industry," Energy Economics, Elsevier, vol. 50(C), pages 315-323.
    125. Lynne Kiesling & Bart Wilson, 2007. "An experimental analysis of the effects of automated mitigation procedures on investment and prices in wholesale electricity markets," Journal of Regulatory Economics, Springer, vol. 31(3), pages 313-334, June.
    126. Renaud Coulomb & Fanny Henriet & Léo Reitzmann, 2021. "'Bad' Oil, 'Worse' Oil and Carbon Misallocation," PSE Working Papers halshs-03244647, HAL.
    127. Peter C. Reiss & Matthew W. White, 2008. "What changes energy consumption? Prices and public pressures," RAND Journal of Economics, RAND Corporation, vol. 39(3), pages 636-663, September.
    128. Andrew Sweeting, 2007. "Market Power In The England And Wales Wholesale Electricity Market 1995-2000," Economic Journal, Royal Economic Society, vol. 117(520), pages 654-685, April.
    129. Alex Dickson & Ian A. MacKenzie, 2016. "Strategic trade in pollution permits," Discussion Papers Series 554, School of Economics, University of Queensland, Australia.
    130. Gal, Nurit & Milstein, Irena & Tishler, Asher & Woo, C.K., 2017. "Fuel cost uncertainty, capacity investment and price in a competitive electricity market," Energy Economics, Elsevier, vol. 61(C), pages 233-240.
    131. Elmaghraby, Wedad J., 2005. "Multi-unit auctions with complementarities: Issues of efficiency in electricity auctions," European Journal of Operational Research, Elsevier, vol. 166(2), pages 430-448, October.
    132. Burkhardt, Jesse, 2019. "The impact of the Renewable Fuel Standard on US oil refineries," Energy Policy, Elsevier, vol. 130(C), pages 429-437.
    133. Theodorou, Petros & Karyampas, Dimitrios, 2008. "Modeling the return and volatility of the Greek electricity marginal system price," Energy Policy, Elsevier, vol. 36(7), pages 2601-2609, July.
    134. Sherzod N. Tashpulatov, 2018. "The Impact of Behavioral and Structural Remedies on Electricity Prices: The Case of the England and Wales Electricity Market," Energies, MDPI, vol. 11(12), pages 1-24, December.
    135. Hung-po Chao,, 2006. "Global electricity transformation: The critical need for integrated market design and risk management research," Energy, Elsevier, vol. 31(6), pages 923-939.
    136. Kenta Tanaka and Shunsuke Managi, 2013. "Measuring Productivity Gains from Deregulation of the Japanese Urban Gas Industry," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
    137. Nicholas Shunda, 2005. "Strategic Behavior in Day-Ahead and Real-Time Markets for Electricity: Offer Cost or Payment Cost Minimization?," Working papers 2005-48, University of Connecticut, Department of Economics.
    138. Amorim, F. & Vasconcelos, J. & Abreu, I.C. & Silva, P.P. & Martins, V., 2013. "How much room for a competitive electricity generation market in Portugal?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 18(C), pages 103-118.
    139. Carl Blumstein & Lee Friedman & Richard Green, 2002. "The History of Electricity Restructuring in California," Journal of Industry, Competition and Trade, Springer, vol. 2(1), pages 9-38, June.
    140. Erin T. Mansur, 2008. "Measuring Welfare in Restructured Electricity Markets," The Review of Economics and Statistics, MIT Press, vol. 90(2), pages 369-386, May.
    141. Brown, David P. & Eckert, Andrew & Olmstead, Derek E.H., 2022. "Procurement auctions for regulated retail service contracts in restructured electricity markets," Energy Economics, Elsevier, vol. 116(C).
    142. Ketter, W. & Collins, J. & de Weerdt, M.M., 2017. "The 2017 Power Trading Agent Competition," ERIM Report Series Research in Management ERS-2017-002-LIS, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    143. Green, R. & Lorenzoni, A. & Perez, Y. & Pollitt, M., 2006. "Benchmarking Electricity Liberalisation in Europe’Benchmarking Electricity Liberalisation in Europe," Cambridge Working Papers in Economics 0629, Faculty of Economics, University of Cambridge.
    144. Janssen, Matthias & Wobben, Magnus, 2008. "Electricity Pricing and Market Power - Evidence from Germany," MPRA Paper 11400, University Library of Munich, Germany.
    145. Andreas Kuhlmann, 2007. "Essays on network industries : privatization, regulation, and productivity measurement," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 26.
    146. Woo, C.K. & Zarnikau, J. & Moore, J. & Horowitz, I., 2011. "Wind generation and zonal-market price divergence: Evidence from Texas," Energy Policy, Elsevier, vol. 39(7), pages 3928-3938, July.
    147. Dzikri Firmansyah Hakam, 2023. "Mitigating Market Power and Promoting Competition in Electricity Markets through a Preventive Approach: The Role of Forward Contracts," Energies, MDPI, vol. 16(8), pages 1-31, April.
    148. Finn R. Førsund, 2007. "Hydropower Economics," International Series in Operations Research and Management Science, Springer, number 978-0-387-73027-1, December.
    149. Amundsen, Eirik S. & Bergman, Lars, 2006. "Why has the Nordic electricity market worked so well?," Utilities Policy, Elsevier, vol. 14(3), pages 148-157, September.
    150. Vitor Marques & Isabel Soares & Adelino Fortunato, 2008. "Measuring market power in the Iberian electricity wholesale market through the residual demand curve," CEF.UP Working Papers 0801, Universidade do Porto, Faculdade de Economia do Porto.
    151. David Benatia, 2022. "Ring the alarm! Electricity markets, renewables, and the pandemic," Post-Print hal-03523180, HAL.
    152. Matthias Janssen & Magnus Wobben, "undated". "Electricity Pricing and Market Power - Evidence from Germany," Working Papers 200121, Institute of Spatial and Housing Economics, Munster Universitary.
    153. Baskette, C. & Horii, B. & Kollman, E. & Price, S., 2006. "Avoided cost estimation and post-reform funding allocation for California's energy efficiency programs," Energy, Elsevier, vol. 31(6), pages 1084-1099.
    154. Zhao, Xiaoli & Sun, Chuyu & Zhong, Zewei & Liu, Suwei & Yang, Zili, 2023. "Effect of market structure on renewable energy Development—A simulation study of a regional electricity market in China," Renewable Energy, Elsevier, vol. 215(C).
    155. Ehrenmann, A. & Neuhoff, K., 2003. "A Comparison of Electricity Market Designs in Networks," Cambridge Working Papers in Economics 0341, Faculty of Economics, University of Cambridge.
    156. Pittman, Russell, 2007. "Restructuring the Russian electricity sector: Re-creating California?," Energy Policy, Elsevier, vol. 35(3), pages 1872-1883, March.
    157. Dressler, Luisa, 2016. "Support schemes for renewable electricity in the European Union: Producer strategies and competition," Energy Economics, Elsevier, vol. 60(C), pages 186-196.
    158. Koichiro Ito, 2015. "Asymmetric Incentives in Subsidies: Evidence from a Large-Scale Electricity Rebate Program," American Economic Journal: Economic Policy, American Economic Association, vol. 7(3), pages 209-237, August.
    159. Vítor Marques & Isabel Soares & Adelino Fortunato, 2012. "Application of a Structural Model to the Spanish Electricity Wholesale Market," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 65-108.
    160. Linn, Joshua & Anna Muehlenbachs, Lucija & Wang, Yshuang, 2014. "How Do Natural Gas Prices Affect Electricity Consumers and the Environment?," RFF Working Paper Series dp-14-19, Resources for the Future.
    161. Weigt, Hannes & von Hirschhausen, Christian, 2007. "Price Formation and Market Power in the German Wholesale Electricity Market in 2006," MPRA Paper 65662, University Library of Munich, Germany.
    162. Hiroaki Ino & Norimichi Matsueda & Toshihiro Matsumura, 2021. "Market competition and strategic choices of electric power sources under fluctuating demand," Discussion Paper Series 223, School of Economics, Kwansei Gakuin University.
    163. Donald N. Dewees, 2006. "Electricity Restructuring and Regulation in the Provinces: Ontario and Beyond," Working Papers tecipa-205, University of Toronto, Department of Economics.
    164. Liu, Shuangquan & Yang, Qiang & Cai, Huaxiang & Yan, Minghui & Zhang, Maolin & Wu, Dianning & Xie, Mengfei, 2019. "Market reform of Yunnan electricity in southwestern China: Practice, challenges and implications," Renewable and Sustainable Energy Reviews, Elsevier, vol. 113(C), pages 1-1.
    165. Grimm, Veronika & Rückel, Bastian & Sölch, Christian & Zöttl, Gregor, 2021. "The impact of market design on transmission and generation investment in electricity markets," Energy Economics, Elsevier, vol. 93(C).
    166. Rahimiyan, Morteza & Rajabi Mashhadi, Habib, 2010. "Evaluating the efficiency of divestiture policy in promoting competitiveness using an analytical method and agent-based computational economics," Energy Policy, Elsevier, vol. 38(3), pages 1588-1595, March.
    167. Fowlie, Meredith & Perloff, Jeffrey M., 2004. "The Effect of Pollution Permit Allocations on Firm-Level Emissions," CUDARE Working Papers 25116, University of California, Berkeley, Department of Agricultural and Resource Economics.
    168. Lamia Varawala & Mohammad Reza Hesamzadeh & Gyorgy D'an & Derek Bunn & Juan Rosell'on, 2021. "A Pricing Mechanism to Jointly Mitigate Market Power and Environmental Externalities in Electricity Markets," Papers 2104.00578, arXiv.org, revised Apr 2023.
    169. Severin Borenstein & James Bushnell, 2015. "The US Electricity Industry After 20 Years of Restructuring," Annual Review of Economics, Annual Reviews, vol. 7(1), pages 437-463, August.
    170. Ingo Vogelsang, 2004. "Network Utilities in the U.S. - Sector Reforms without Privatization," CESifo Working Paper Series 1142, CESifo.
    171. Petr Spodniak & Mikael Collan & Mari Makkonen, 2017. "On Long-Term Transmission Rights in the Nordic Electricity Markets," Energies, MDPI, vol. 10(3), pages 1-19, March.
    172. Crawford, Gregory S. & Crespo, Joseph & Tauchen, Helen, 2007. "Bidding asymmetries in multi-unit auctions: Implications of bid function equilibria in the British spot market for electricity," International Journal of Industrial Organization, Elsevier, vol. 25(6), pages 1233-1268, December.
    173. Tseng, Chin-Yi & Lee, Chia-Yen & Wang, Qunwei & Wu, Changsong, 2022. "Data envelopment analysis and stochastic equilibrium analysis for market power investigation in a bi-level market," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 161(C).
    174. Winter, Simon & Schlesewsky, Lisa, 2019. "The German feed-in tariff revisited - an empirical investigation on its distributional effects," Energy Policy, Elsevier, vol. 132(C), pages 344-356.
    175. Suarez, Carlos, 2022. "Private management and strategic bidding behavior in electricity markets: Evidence from Colombia," Energy Economics, Elsevier, vol. 111(C).
    176. Erin T. Mansur, 2007. "Do Oligopolists Pollute Less? Evidence From A Restructured Electricity Market," Journal of Industrial Economics, Wiley Blackwell, vol. 55(4), pages 661-689, December.
    177. Thomas P. Tangerås, 2015. "Renewable Electricity Policy and Market Integration," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
    178. Gautam Gowrisankaran & Stanley S. Reynolds & Mario Samano, 2016. "Intermittency and the Value of Renewable Energy," Journal of Political Economy, University of Chicago Press, vol. 124(4), pages 1187-1234.
    179. Genc, Talat S. & Reynolds, Stanley S., 2011. "Supply function equilibria with capacity constraints and pivotal suppliers," International Journal of Industrial Organization, Elsevier, vol. 29(4), pages 432-442, July.
    180. Ketter, W. & Collins, J. & Reddy, P. & de Weerdt, M.M., 2014. "The 2014 Power Trading Agent Competition," ERIM Report Series Research in Management ERS-2014-004-LIS, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    181. Vítor Marques & Adelino Fortunato & Isabel Soares, 2012. "Can Structural Models be Useful to Understand the Electricity Wholesale Markets? An Application to Spain," Chapters, in: Joseph E. Harrington Jr & Yannis Katsoulacos (ed.), Recent Advances in the Analysis of Competition Policy and Regulation, chapter 15, Edward Elgar Publishing.
    182. Westgaard, Sjur & Fleten, Stein-Erik & Negash, Ahlmahz & Botterud, Audun & Bogaard, Katinka & Verling, Trude Haugsvaer, 2021. "Performing price scenario analysis and stress testing using quantile regression: A case study of the Californian electricity market," Energy, Elsevier, vol. 214(C).
    183. Madhu Khanna & Xiaoguang Chen & Weiwei Wang & Anthony Oliver, 2022. "Repeal of the Clean Power Plan: Social Cost and Distributional Implications," American Journal of Agricultural Economics, John Wiley & Sons, vol. 104(1), pages 33-51, January.
    184. Hung-po Chao & Shmuel Oren & Robert Wilson, 2005. "Restructured Electricity Markets: Reevaluation of Vertical Integration and Unbundling," Levine's Bibliography 784828000000000238, UCLA Department of Economics.
    185. Goto, Mika & Makhija, Anil K., 2007. "The Impact of Competition and Corporate Structure on Productive Efficiency: The Case of the U.S. Electric Utility Industry, 1990-2004," Working Paper Series 2007-10, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
    186. Yu, Nanpeng & Liu, Chen-Ching & Tesfatsion, Leigh S., 2008. "Modeling of Suppliers Learning Behaviors in an Electricity Market Environment," Staff General Research Papers Archive 12976, Iowa State University, Department of Economics.
    187. Linn, Joshua, 2010. "The effect of cap-and-trade programs on firms' profits: Evidence from the Nitrogen Oxides Budget Trading Program," Journal of Environmental Economics and Management, Elsevier, vol. 59(1), pages 1-14, January.
    188. Ribó-Pérez, David & Van der Weijde, Adriaan H. & Álvarez-Bel, Carlos, 2019. "Effects of self-generation in imperfectly competitive electricity markets: The case of Spain," Energy Policy, Elsevier, vol. 133(C).
    189. Førsund, Finn R., 2009. "Energy in a Bathtub: Electricity Trade between Countries with Different Generation Technologies," Memorandum 17/2009, Oslo University, Department of Economics.
    190. Ali Hortaçsu & Fernando Luco & Steven L. Puller & Dongni Zhu, 2017. "Does Strategic Ability Affect Efficiency? Evidence from Electricity Markets," NBER Working Papers 23526, National Bureau of Economic Research, Inc.
    191. Reiss, Peter C. & White, Matthew W., 2003. "Demand and Pricing in Electricity Markets: Evidence from San Diego During California's Energy Crisis," Research Papers 1829, Stanford University, Graduate School of Business.
    192. Carlos Suarez, 2021. "Private management and strategic bidding behavior in electricity markets: Evidence from Colombia," IREA Working Papers 202102, University of Barcelona, Research Institute of Applied Economics, revised Jan 2021.
    193. Nazemi, Ali & Mashayekhi, Mehdi, 2015. "Competitiveness assessment of Iran's restructured electricity market," Energy Economics, Elsevier, vol. 49(C), pages 308-316.
    194. Leautier, Thomas-Olivier, 2018. "On the long-term impact price caps: Investment, uncertainty, imperfect competition, and rationing," International Journal of Industrial Organization, Elsevier, vol. 61(C), pages 53-95.
    195. Meredith Fowlie & Christopher R. Knittel & Catherine Wolfram, 2008. "Sacred Cars? Optimal Regulation of Stationary and Non-stationary Pollution Sources," NBER Working Papers 14504, National Bureau of Economic Research, Inc.
    196. Rubin, Ofir David, 2010. "Equilibrium pricing in electricity markets with wind power," ISU General Staff Papers 201001010800002361, Iowa State University, Department of Economics.
    197. Meredith Fowlie, 2008. "Incomplete Environmental Regulation, Imperfect Competition, and Emissions Leakage," NBER Working Papers 14421, National Bureau of Economic Research, Inc.
    198. Schill, Wolf-Peter, 2011. "Electric Vehicles in Imperfect Electricity Markets: The case of Germany," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 39(10), pages 6178-6189.
    199. Peter Cramton, 2003. "Rebuttal Addendum: Assessment of Submissions of the California Parties," Papers of Peter Cramton 03ferc2, University of Maryland, Department of Economics - Peter Cramton, revised 2003.
    200. D'Ecclesia, Rita Laura & Gallo, Crescenzio, 2002. "Price-caps and Efficient Pricing for the Electricity Italian Market," MPRA Paper 10048, University Library of Munich, Germany.
    201. Du, Limin & Mao, Jie & Shi, Jinchuan, 2009. "Assessing the impact of regulatory reforms on China's electricity generation industry," Energy Policy, Elsevier, vol. 37(2), pages 712-720, February.
    202. R. Andrew Butters & Daniel F. Spulber, 2020. "The Extent Of The Market And Integration Through Factor Markets: Evidence From Wholesale Electricity," Economic Inquiry, Western Economic Association International, vol. 58(3), pages 1076-1108, July.
    203. Natalia Fabra & Mar Reguant, 2013. "Pass-through of Emissions Costs in Electricity Markets," NBER Working Papers 19613, National Bureau of Economic Research, Inc.
    204. Fridolfsson, Sven-Olof & Tangerås, Thomas P., 2009. "Market power in the Nordic electricity wholesale market: A survey of the empirical evidence," Energy Policy, Elsevier, vol. 37(9), pages 3681-3692, September.
    205. de Frutos, María-Ángeles & Fabra, Natalia, 2012. "How to allocate forward contracts: The case of electricity markets," European Economic Review, Elsevier, vol. 56(3), pages 451-469.
    206. John Asker & Allan Collard-Wexler & Jan De Loecker, 2017. "Market Power, Production (Mis)Allocation and OPEC," NBER Working Papers 23801, National Bureau of Economic Research, Inc.
    207. Bohland, Moritz & Schwenen, Sebastian, 2022. "Renewable support and strategic pricing in electricity markets," International Journal of Industrial Organization, Elsevier, vol. 80(C).
    208. Bigerna, Simona & Andrea Bollino, Carlo & Polinori, Paolo, 2015. "Marginal cost and congestion in the Italian electricity market: An indirect estimation approach," Energy Policy, Elsevier, vol. 85(C), pages 445-454.
    209. Juan Moreno-Cruz & M. Scott Taylor, 2014. "A Spatial Approach to Energy Economics: Theory, Measurement and Empirics," CESifo Working Paper Series 4845, CESifo.
    210. Tooraj Jamasb & Paul Nillesen & Michael Pollitt, 2003. "Strategic behaviour under regulation benchmarking," Working Papers EP19, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    211. Anselma Wörner & Verena Tiefenbeck & Felix Wortmann & Arne Meeuw & Liliane Ableitner & Elgar Fleisch & Inês Azevedo, 2022. "Bidding on a Peer-to-Peer Energy Market: An Exploratory Field Study," Information Systems Research, INFORMS, vol. 33(3), pages 794-808, September.
    212. Skidmore, Mark & Peltier, James & Alm, James, 2005. "Do state motor fuel sales-below-cost laws lower prices?," Journal of Urban Economics, Elsevier, vol. 57(1), pages 189-211, January.
    213. Ingo Vogelsang, 2005. "The German Electricity Sector – Finally on the Move?," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 3(02), pages 30-39, July.
    214. Fabra, Natalia & de Frutos, Maria-Angeles, 2008. "On the Impact of Forward Contract Obligations in Multi-Unit Auctions," CEPR Discussion Papers 6756, C.E.P.R. Discussion Papers.
    215. Werner, Dan, 2014. "Electricity Market Price Volatility: The Importance of Ramping Costs," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 169619, Agricultural and Applied Economics Association.
    216. Mulder, Machiel & Schoonbeek, Lambert, 2013. "Decomposing changes in competition in the Dutch electricity market through the residual supply index," Energy Economics, Elsevier, vol. 39(C), pages 100-107.
    217. Le Coq, Chloé & Orzen, Henrik & Schwenen, Sebastian, 2016. "Pricing and Capacity Provision in Electricity Markets: An Experimental Study," SITE Working Paper Series 37, Stockholm School of Economics, Stockholm Institute of Transition Economics.
    218. Bye, Torstein & Bruvoll, Annegrete & Aune, Finn Roar, 2008. "Inflow shortages in deregulated power markets -- Reasons for concern?," Energy Economics, Elsevier, vol. 30(4), pages 1693-1711, July.
    219. Block, C. & Collins, J. & Ketter, W. & Weinhardt, C., 2009. "A Multi-Agent Energy Trading Competition," ERIM Report Series Research in Management ERS-2009-054-LIS, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    220. Sirin, Selahattin Murat & Camadan, Ercument & Erten, Ibrahim Etem & Zhang, Alex Hongliang, 2023. "Market failure or politics? Understanding the motives behind regulatory actions to address surging electricity prices," Energy Policy, Elsevier, vol. 180(C).
    221. Dormady, Noah C., 2014. "Carbon auctions, energy markets & market power: An experimental analysis," Energy Economics, Elsevier, vol. 44(C), pages 468-482.
    222. Dzikri Firmansyah Hakam, 2018. "Market Power Modelling in Electricity Market: A Critical Review," International Journal of Energy Economics and Policy, Econjournals, vol. 8(5), pages 347-356.
    223. Dzikri Firmansyah Hakam & Sudarso Kaderi Wiyono & Nanang Hariyanto, 2020. "Competition in Power Generation: Ex-ante Analysis of Indonesia’s Electricity Market," Energies, MDPI, vol. 13(24), pages 1-20, December.
    224. de Nooij, Michiel & Koopmans, Carl & Bijvoet, Carlijn, 2007. "The value of supply security: The costs of power interruptions: Economic input for damage reduction and investment in networks," Energy Economics, Elsevier, vol. 29(2), pages 277-295, March.
    225. Erin Mansur, 2013. "Prices versus quantities: environmental regulation and imperfect competition," Journal of Regulatory Economics, Springer, vol. 44(1), pages 80-102, August.
    226. Di Maria, Corrado & Lange, Ian & Lazarova, Emiliya, 2018. "A look upstream: Market restructuring, risk, procurement contracts and efficiency," International Journal of Industrial Organization, Elsevier, vol. 57(C), pages 35-83.
    227. Woo, Chi-Keung & Horowitz, Ira & Olson, Arne & Horii, Brian & Baskette, Carmen, 2006. "Efficient frontiers for electricity procurement by an LDC with multiple purchase options," Omega, Elsevier, vol. 34(1), pages 70-80, January.
    228. Luis E. Gonzales & Koichiro Ito & Mar Reguant, 2022. "The Dynamic Impact of Market Integration: Evidence from Renewable Energy Expansion in Chile," NBER Working Papers 30016, National Bureau of Economic Research, Inc.
    229. Fridolfsson, Sven-Olof & Tangerås, Thomas, 2011. "Nuclear Capacity Auctions," Working Paper Series 892, Research Institute of Industrial Economics.
    230. Georg Zachmann, 2007. "A Markov Switching Model of the Merit Order to Compare British and German Price Formation," Discussion Papers of DIW Berlin 714, DIW Berlin, German Institute for Economic Research.
    231. Frank A. Wolak, 2003. "Measuring Unilateral Market Power in Wholesale Electricity Markets: The California Market, 1998–2000," American Economic Review, American Economic Association, vol. 93(2), pages 425-430, May.
    232. Poletti, Stephen, 2021. "Market Power in the New Zealand electricity wholesale market 2010–2016," Energy Economics, Elsevier, vol. 94(C).
    233. Nicholas Ryan, 2017. "The Competitive Effects of Transmission Infrastructure in the Indian Electricity Market," NBER Working Papers 23106, National Bureau of Economic Research, Inc.
    234. Knittel, Christopher R. & Roberts, Michael R., 2005. "An empirical examination of restructured electricity prices," Energy Economics, Elsevier, vol. 27(5), pages 791-817, September.
    235. Siano, Pierluigi, 2014. "Demand response and smart grids—A survey," Renewable and Sustainable Energy Reviews, Elsevier, vol. 30(C), pages 461-478.
    236. Sun, Bo & Deng, Ruilin & Ren, Bin & Teng, Minmin & Cheng, Siyuan & Wang, Fan, 2022. "Identification method of market power abuse of generators based on lasso-logit model in spot market," Energy, Elsevier, vol. 238(PA).
    237. Kevin Jones, 2023. "Can the Basis Lead to Arbitrage Profits on the MISO Exchange?," International Journal of Energy Economics and Policy, Econjournals, vol. 13(3), pages 1-6, May.
    238. Paul Klemperer, 2007. "Bidding Markets," Journal of Competition Law and Economics, Oxford University Press, vol. 3(1), pages 1-47.
    239. Majah-Leah V. Ravago & Karl Robert L. Jandoc & Miah Maye Pormon, 2023. "Reliability and Forced Outages: Survival Analysis with Recurrent Events," Department of Economics, Ateneo de Manila University, Working Paper Series 202303, Department of Economics, Ateneo de Manila University.
    240. Guo, Hongye & Chen, Qixin & Zhang, Yan & Liu, Kai & Xia, Qing & Kang, Chongqing, 2020. "Constraining the oligopoly manipulation in electricity market: A vertical integration perspective," Energy, Elsevier, vol. 194(C).
    241. Liu, Peiyun & Ding, Tao & Zou, Zhixiang & Yang, Yongheng, 2019. "Integrated demand response for a load serving entity in multi-energy market considering network constraints," Applied Energy, Elsevier, vol. 250(C), pages 512-529.
    242. Moita, Rodrigo M.S., 2008. "Entry and externality: Hydroelectric generators in Brazil," International Journal of Industrial Organization, Elsevier, vol. 26(6), pages 1437-1447, November.
    243. Woo, C.K. & Chen, Y. & Olson, A. & Moore, J. & Schlag, N. & Ong, A. & Ho, T., 2017. "Electricity price behavior and carbon trading: New evidence from California," Applied Energy, Elsevier, vol. 204(C), pages 531-543.
    244. Ketter, Wolfgang & Collins, John & Reddy, Prashant, 2013. "Power TAC: A competitive economic simulation of the smart grid," Energy Economics, Elsevier, vol. 39(C), pages 262-270.
    245. Karney, Daniel H., 2019. "Electricity market deregulation and environmental regulation: Evidence from U.S. nuclear power," Energy Economics, Elsevier, vol. 84(C).
    246. Paul L. Joskow, 2003. "Electricity Sector Restructuring And Competition - Lessons Learned," Working Papers 0314, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research.
    247. Rangrang Zheng & Greg Schivley & Patricia Hidalgo-Gonzalez & Matthias Fripp & Michael J. Roberts, 2024. "Optimal transmission expansion minimally reduces decarbonization costs of U.S. electricity," Working Papers 2024-2, University of Hawaii Economic Research Organization, University of Hawaii at Manoa.
    248. Tashpulatov, Sherzod N., 2015. "Analysis of electricity industry liberalization in Great Britain: How did the bidding behavior of electricity producers change?," Utilities Policy, Elsevier, vol. 36(C), pages 24-34.
    249. Won, Gu-Hwan, 2007. "Electric power industry restructuring and ROE: The case of Korea Electric Power Corporation," Energy Policy, Elsevier, vol. 35(10), pages 5080-5090, October.
    250. Grimm, Veronika & Rückel, Bastian & Sölch, Christian & Zöttl, Gregor, 2019. "Regionally differentiated network fees to affect incentives for generation investment," Energy, Elsevier, vol. 177(C), pages 487-502.
    251. Ketter, W. & Collins, J. & de Weerdt, M.M., 2017. "The 2018 Power Trading Agent Competition," ERIM Report Series Research in Management ERS-2017-016-LIS, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    252. Abdessalem Abbassi & Ahlem Dakhlaoui & Nihed Ben Khalifa, 2023. "Risk Aversion and Hydro-energy Reservoirs Management under Monopolistic and Oligopolistic Industrial Structures," International Journal of Energy Economics and Policy, Econjournals, vol. 13(6), pages 581-590, November.
    253. Tishler, Asher & Milstein, Irena & Woo, Chi-Keung, 2008. "Capacity commitment and price volatility in a competitive electricity market," Energy Economics, Elsevier, vol. 30(4), pages 1625-1647, July.
    254. Brown, David P. & Eckert, Andrew & Eckert, Heather, 2017. "Carbon Pricing with an Output Subsidy under Imperfect Competition: The Case of Alberta's Restructured Electricity Market," Working Papers 2017-1, University of Alberta, Department of Economics.
    255. Paul Nillesen & Michael Pollitt, 2007. "The 2001-3 electricity distribution price control review in the Netherlands: regulatory process and consumer welfare," Journal of Regulatory Economics, Springer, vol. 31(3), pages 261-287, June.
    256. Fowlie, Meredith, 2007. "Incomplete Environmental Regulation, Imperfect Competition, and Emissions Leakage," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt0hw645zk, Department of Agricultural & Resource Economics, UC Berkeley.
    257. Poletti, Steve, 2009. "Government procurement of peak capacity in the New Zealand electricity market," Energy Policy, Elsevier, vol. 37(9), pages 3409-3417, September.
    258. Sun, Kege & Wu, Libo, 2020. "Efficiency distortion of the power generation sector under the dual regulation of price and quantity in China," Energy Economics, Elsevier, vol. 86(C).
    259. Axel Ockenfels & David Reiley & Abdolkarim Sadrieh, 2006. "Online Auctions," NBER Working Papers 12785, National Bureau of Economic Research, Inc.
    260. Andreas Hefti & Peiyao Shen & Regina Betz, 2019. "Market power and information effects in a multi-unit auction," ECON - Working Papers 320, Department of Economics - University of Zurich.
    261. Paul Simshauser, 2020. "Merchant utilities and boundaries of the firm: vertical integration in energy-only markets," Working Papers EPRG2008, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    262. Joseph A. Cullen & Erin T. Mansur, 2017. "Inferring Carbon Abatement Costs in Electricity Markets: A Revealed Preference Approach Using the Shale Revolution," American Economic Journal: Economic Policy, American Economic Association, vol. 9(3), pages 106-133, August.
    263. Dormady, Noah C., 2013. "Market power in cap-and-trade auctions: A Monte Carlo approach," Energy Policy, Elsevier, vol. 62(C), pages 788-797.
    264. Jamasb, Tooraj & Nillesen, Paul & Pollitt, Michael, 2004. "Strategic behaviour under regulatory benchmarking," Energy Economics, Elsevier, vol. 26(5), pages 825-843, September.
    265. John Kwoka & Vladlena Sabodash, 2011. "Price Spikes in Energy Markets: “Business by Usual Methods” or Strategic Withholding?," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 38(3), pages 285-310, May.
    266. Kaushal Kishore, 2011. "The Effect of UI Regulation on the Electricity Market," Journal of Infrastructure Development, India Development Foundation, vol. 3(1), pages 91-96, June.
    267. Walter Nicholson, 2011. "Intermediate Microeconomics," Chapters, in: Gail M. Hoyt & KimMarie McGoldrick (ed.), International Handbook on Teaching and Learning Economics, chapter 41, Edward Elgar Publishing.
    268. Su, Xuejuan, 2012. "Have Customers Benefited from Electricity Retail Competition?," Working Papers 2012-21, University of Alberta, Department of Economics, revised 01 Oct 2014.
    269. Spodniak, Petr & Collan, Mikael, 2018. "Forward risk premia in long-term transmission rights: The case of electricity price area differentials (EPAD) in the Nordic electricity market," Utilities Policy, Elsevier, vol. 50(C), pages 194-206.
    270. Simona Bigerna, Carlo Andrea Bollino and Paolo Polinori, 2016. "Market Power and Transmission Congestion in the Italian Electricity Market," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2).
    271. Spodniak, Petr & Bertsch, Valentin, 2017. "Determinants of power spreads in electricity futures markets: A multinational analysis," Papers WP580, Economic and Social Research Institute (ESRI).
    272. Lízal, Lubomír M. & Tashpulatov, Sherzod N., 2014. "Do producers apply a capacity cutting strategy to increase prices? The case of the England and Wales electricity market," Energy Economics, Elsevier, vol. 43(C), pages 114-124.
    273. Ketter, W. & Collins, J. & Reddy, P. & de Weerdt, M.M., 2013. "The 2013 Power Trading Agent Competition," ERIM Report Series Research in Management ERS-2013-006-LIS, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    274. Adrien de Hauteclocque & Yannick Perez, 2011. "Law & Economics Perspectives on Electricity Regulation," RSCAS Working Papers 2011/21, European University Institute.
    275. Thomas Mobius & Mira Watermeyer & Oliver Grothe & Felix Musgens, 2023. "Enhancing Energy System Models Using Better Load Forecasts," Papers 2302.11017, arXiv.org.
    276. Hung-po Chao & Shmuel Oren & Robert Wilson, 2005. "Restructured Electricity Markets: A Risk Management Approach," Levine's Bibliography 784828000000000232, UCLA Department of Economics.
    277. Barquin, J. & Boots,M. G. & Ehrenmann, A. & Hobbs, B.F. & Neuhoff, K. & Rijkers, F. A. M., 2004. "Network-constrained models of liberalized electricity markets: the devil is in the details," Cambridge Working Papers in Economics 0405, Faculty of Economics, University of Cambridge.
    278. Bajo-Buenestado, Raúl, 2017. "Welfare implications of capacity payments in a price-capped electricity sector: A case study of the Texas market (ERCOT)," Energy Economics, Elsevier, vol. 64(C), pages 272-285.
    279. Tishler, A. & Newman, J. & Spekterman, I. & Woo, C.K., 2008. "Assessing the options for a competitive electricity market in Israel," Utilities Policy, Elsevier, vol. 16(1), pages 21-29, March.
    280. Sahraei-Ardakani, Mostafa & Blumsack, Seth & Kleit, Andrew, 2015. "Estimating zonal electricity supply curves in transmission-constrained electricity markets," Energy, Elsevier, vol. 80(C), pages 10-19.
    281. Zhang, Ning, 2009. "Generators' bidding behavior in the NYISO day-ahead wholesale electricity market," Energy Economics, Elsevier, vol. 31(6), pages 897-913, November.
    282. Zhang, Yiyuan, 2016. "Market Organization and Productive Efficiency: Evidence from the Texas Electricity Market," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235715, Agricultural and Applied Economics Association.
    283. Woo, C.K. & Kollman, E. & Orans, R. & Price, S. & Horii, B., 2008. "Now that California has AMI, what can the state do with it?," Energy Policy, Elsevier, vol. 36(4), pages 1366-1374, April.
    284. Antweiler, Werner & Muesgens, Felix, 2021. "On the long-term merit order effect of renewable energies," Energy Economics, Elsevier, vol. 99(C).
    285. Nadia Chernenko, 2013. "Market power issues in the reformed Russian electricity supply industry," Cambridge Working Papers in Economics 1358, Faculty of Economics, University of Cambridge.
    286. Noah Dormady, 2016. "Carbon Auction Revenue and Market Power: An Experimental Analysis," Energies, MDPI, vol. 9(11), pages 1-20, November.
    287. Simshauser, Paul & Tian, Yuan & Whish-Wilson, Patrick, 2015. "Vertical integration in energy-only electricity markets," Economic Analysis and Policy, Elsevier, vol. 48(C), pages 35-56.
    288. Georg Rilinger, 2023. "Who captures whom? Regulatory misperceptions and the timing of cognitive capture," Regulation & Governance, John Wiley & Sons, vol. 17(1), pages 43-60, January.
    289. Mardi Dungey & Ali Ghahremanlou & Ngo Van Long, 2017. "Strategic Bidding of Electric Power Generating Companies: Evidence from the Australian National Energy Market," CESifo Working Paper Series 6819, CESifo.
    290. Marcelle Caroline Thimotheo de Brito & Amaro O. Pereira Junior & Mario Veiga Ferraz Pereira & Julio César Cahuano Simba & Sergio Granville, 2022. "Competitive Behavior of Hydroelectric Power Plants under Uncertainty in Spot Market," Energies, MDPI, vol. 15(19), pages 1-22, October.
    291. Fernando S. Oliveira & Derek W. Bunn & London Business School, 2006. "Modeling the strategic trading of electricity assets," Computing in Economics and Finance 2006 235, Society for Computational Economics.
    292. Peter C. Reiss & Matthew W. White, 2003. "Demand and Pricing in Electricity Markets: Evidence from San Diego During California's Energy Crisis," NBER Working Papers 9986, National Bureau of Economic Research, Inc.
    293. Hernandez Martinez, Fernando, 2006. "La producción de energía eléctrica en España: Análisis económico de la actividad tras la liberalización del Sector Eléctrico [Electricity output in Spain: Economic analysis of the activity after li," MPRA Paper 18050, University Library of Munich, Germany.
    294. Lewis Evans & Graeme Guthrie & Steen Videbeck, 2008. "Assessing The Integration Of Electricity Markets Using Principal Component Analysis: Network And Market Structure Effects," Contemporary Economic Policy, Western Economic Association International, vol. 26(1), pages 145-161, January.
    295. Elizabeth Armington & Eric Emch & Ken Heyer, 2006. "The Year in Review: Economics at the Antitrust Division, 2005–2006," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 29(4), pages 305-326, December.
    296. Susanne Koschker & Dominik Möst, 2016. "Perfect competition vs. strategic behaviour models to derive electricity prices and the influence of renewables on market power," OR Spectrum: Quantitative Approaches in Management, Springer;Gesellschaft für Operations Research e.V., vol. 38(3), pages 661-686, July.
    297. Cao, K.H. & Qi, H.S. & Tsai, C.H. & Woo, C.K. & Zarnikau, J., 2021. "Energy trading efficiency in the US Midcontinent electricity markets," Applied Energy, Elsevier, vol. 302(C).
    298. Yao, Xin & Huang, Ruting & Du, Kerui, 2019. "The impacts of market power on power grid efficiency: Evidence from China," China Economic Review, Elsevier, vol. 55(C), pages 99-110.
    299. Jun Dong & Dongran Liu & Xihao Dou & Bo Li & Shiyao Lv & Yuzheng Jiang & Tongtao Ma, 2021. "Key Issues and Technical Applications in the Study of Power Markets as the System Adapts to the New Power System in China," Sustainability, MDPI, vol. 13(23), pages 1-29, December.
    300. Moutinho, Victor & Moreira, António C. & Mota, Jorge, 2014. "Do regulatory mechanisms promote competition and mitigate market power? Evidence from Spanish electricity market," Energy Policy, Elsevier, vol. 68(C), pages 403-412.
    301. Roeger, Werner & Warzynski, Frédéric, 2004. "A Joint Estimation of Price-Cost Margins and Sunk Capital - Theory and Evidence from the European Electricity Industry," Working Papers 04-17, University of Aarhus, Aarhus School of Business, Department of Economics.
    302. Chiara Lo Prete and Benjamin F. Hobbs, 2015. "Market power in power markets: an analysis of residual demand curves in Californias day-ahead energy market (1998-2000)," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2).
    303. Maria Chiara D?Errico, 2020. "Competition in the Italian electricity market: The unforeseen social welfare losses of reform," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2020(2), pages 75-91.
    304. David P. Brown & David E. M. Sappington, 2022. "Vertical integration and capacity investment in the electricity sector," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 31(1), pages 193-226, February.
    305. Hellmer, Stefan & Wårell, Linda, 2009. "On the evaluation of market power and market dominance--The Nordic electricity market," Energy Policy, Elsevier, vol. 37(8), pages 3235-3241, August.
    306. Pape, Christian & Hagemann, Simon & Weber, Christoph, 2016. "Are fundamentals enough? Explaining price variations in the German day-ahead and intraday power market," Energy Economics, Elsevier, vol. 54(C), pages 376-387.
    307. Kosnik, Lea, 2008. "Consolidation and ownership trends of nonfederal hydropower generating assets, 1980-2003," Energy Economics, Elsevier, vol. 30(3), pages 715-731, May.
    308. Torstein Bye & Annegrete Bruvoll & Finn Roar Aune, 2006. "The importance of volatility in inflow in a deregulated hydro-dominated power market," Discussion Papers 472, Statistics Norway, Research Department.
    309. Ali Hortacsu & Steven L. Puller, 2005. "Understanding Strategic Bidding in Restructured Electricity Markets: A Case Study of ERCOT," NBER Working Papers 11123, National Bureau of Economic Research, Inc.
    310. Clark, Woodrow W., 2001. "The California Challenge: energy and the environmental consequences for public utilities," Utilities Policy, Elsevier, vol. 10(2), pages 57-61, June.
    311. George Daskalakis, Lazaros Symeonidis, Raphael N. Markellos, 2015. "Electricity futures prices in an emissions constrained economy: Evidence from European power markets," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3).
    312. Heli Koski & Tobias Kretschmer, 2004. "Survey on Competing in Network Industries: Firm Strategies, Market Outcomes, and Policy Implications," Journal of Industry, Competition and Trade, Springer, vol. 4(1), pages 5-31, March.
    313. Lewis Evans & Graeme Guthrie, 2009. "How Options Provided by Storage Affect Electricity Prices," Southern Economic Journal, John Wiley & Sons, vol. 75(3), pages 681-702, January.
    314. Mulder, Machiel & Petrikaitė, Vaiva & Scholtens, Bert, 2015. "Distributed energy generation techniques and the competitive fringe effect in electricity markets," Resource and Energy Economics, Elsevier, vol. 42(C), pages 125-140.
    315. Helman, Udi, 2006. "Market power monitoring and mitigation in the US wholesale power markets," Energy, Elsevier, vol. 31(6), pages 877-904.
    316. Carlos Suarez, 2021. "Mixed Oligopoly and Market Power Mitigation: Evidence from the Colombian Wholesale Electricity Market," IREA Working Papers 202101, University of Barcelona, Research Institute of Applied Economics, revised Jan 2021.
    317. Sahraei-Ardakani, Mostafa & Blumsack, Seth & Kleit, Andrew, 2012. "Distributional impacts of state-level energy efficiency policies in regional electricity markets," Energy Policy, Elsevier, vol. 49(C), pages 365-372.
    318. Zöttl, Gregor, 2011. "On optimal scarcity prices," International Journal of Industrial Organization, Elsevier, vol. 29(5), pages 589-605, September.
    319. Lambin, Xavier, 2020. "Integration of Demand Response in Electricity Market Capacity Mechanisms," Utilities Policy, Elsevier, vol. 64(C).
    320. Elizabeth J. Durango‐Cohen & Liad Wagman, 2014. "Strategic obfuscation of production capacities," Naval Research Logistics (NRL), John Wiley & Sons, vol. 61(3), pages 244-267, April.
    321. Finn R. Førsund, 2006. "The Anatomy of Market Power in Electricity Markets with Hydropower as Dominating Technology," ICER Working Papers 21-2006, ICER - International Centre for Economic Research.
    322. Simshauser, Paul, 2021. "Vertical integration, peaking plant commitments and the role of credit quality in energy-only markets," Energy Economics, Elsevier, vol. 104(C).
    323. Murphy, Sinnott & Apt, Jay & Moura, John & Sowell, Fallaw, 2018. "Resource adequacy risks to the bulk power system in North America," Applied Energy, Elsevier, vol. 212(C), pages 1360-1376.
    324. Grossi, Luigi & Heim, Sven & Waterson, Michael, 2017. "The impact of the German response to the Fukushima earthquake," Energy Economics, Elsevier, vol. 66(C), pages 450-465.
    325. Ciarreta, Aitor & Espinosa, María Paz, 2012. "The impact of regulation on pricing behavior in the Spanish electricity market (2002–2005)," Energy Economics, Elsevier, vol. 34(6), pages 2039-2045.
    326. Hoel, Michael, 2004. "Electricity prices in a mixed thermal and hydropower system," Memorandum 28/2004, Oslo University, Department of Economics.
    327. Ketter, W. & Collins, J. & Reddy, P. & de Weerdt, M.M., 2015. "The 2015 Power Trading Agent Competition," ERIM Report Series Research in Management ERS-2015-001-LIS, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    328. Horowitz, I. & Woo, C.K., 2006. "Designing Pareto-superior demand-response rate options," Energy, Elsevier, vol. 31(6), pages 1040-1051.
    329. Philpott, Andy & Guan, Ziming & Khazaei, Javad & Zakeri, Golbon, 2010. "Production inefficiency of electricity markets with hydro generation," Utilities Policy, Elsevier, vol. 18(4), pages 174-185, December.
    330. Teirila, J., 2017. "Market Power in the Capacity Market? The Case of Ireland," Cambridge Working Papers in Economics 1727, Faculty of Economics, University of Cambridge.
    331. Koolen, Derck & Huisman, Ronald & Ketter, Wolfgang, 2022. "Decision strategies in sequential power markets with renewable energy," Energy Policy, Elsevier, vol. 167(C).
    332. Sanyal, Paroma & Bulan, Laarni T., 2011. "Regulatory risk, market uncertainties, and firm financing choices: Evidence from U.S. Electricity Market Restructuring," The Quarterly Review of Economics and Finance, Elsevier, vol. 51(3), pages 248-268, June.
    333. Müsgens, Felix, 2020. "Equilibrium prices and investment in electricity systems with CO2-emission trading and high shares of renewable energies," Energy Economics, Elsevier, vol. 86(C).
    334. Guo, Nongchao & Lo Prete, Chiara, 2019. "Cross-product manipulation with intertemporal constraints: An equilibrium model," Energy Policy, Elsevier, vol. 134(C).
    335. Sreedharan, P. & Miller, D. & Price, S. & Woo, C.K., 2012. "Avoided cost estimation and cost-effectiveness of permanent load shifting in California," Applied Energy, Elsevier, vol. 96(C), pages 115-121.
    336. Rammerstorfer, Margarethe & Wagner, Christian, 2009. "Reforming minute reserve policy in Germany: A step towards efficient markets?," Energy Policy, Elsevier, vol. 37(9), pages 3513-3519, September.
    337. C. Woo & J. Zarnikau & E. Kollman, 2012. "Exact welfare measurement for double-log demand with partial adjustment," Empirical Economics, Springer, vol. 42(1), pages 171-180, February.
    338. Knittel, Christopher R. & Metaxoglou, Konstantinos & Trindade, André, 2019. "Environmental implications of market structure: Shale gas and electricity markets," International Journal of Industrial Organization, Elsevier, vol. 63(C), pages 511-550.
    339. Sapio, Alessandro & Spagnolo, Nicola, 2016. "Price regimes in an energy island: Tacit collusion vs. cost and network explanations," Energy Economics, Elsevier, vol. 55(C), pages 157-172.

  28. Severin Borenstein & James. Bushnell & Steven Stoft, 2000. "The Competitive Effects of Transmission Capacity in A Deregulated Electricity Industry," RAND Journal of Economics, The RAND Corporation, vol. 31(2), pages 294-325, Summer.
    See citations under working paper version above.
  29. Severin Borenstein & James Bushnell, 1999. "An Empirical Analysis of the Potential for Market Power in California’s Electricity Industry," Journal of Industrial Economics, Wiley Blackwell, vol. 47(3), pages 285-323, September.
    See citations under working paper version above.
  30. Bushnell, James, 1999. "Transmission Rights and Market Power," The Electricity Journal, Elsevier, vol. 12(8), pages 77-85, October.

    Cited by:

    1. Joskow, Paul L. & Tirole, Jean, 2004. "Merchant Transmission Investment," IDEI Working Papers 263, Institut d'Économie Industrielle (IDEI), Toulouse.
    2. Leslie, Gordon W., 2021. "Who benefits from ratepayer-funded auctions of transmission congestion contracts? Evidence from New York," Energy Economics, Elsevier, vol. 93(C).
    3. Sun, Junjie, 2005. "U.S. Financial Transmission Rights: Theory and Practice," Staff General Research Papers Archive 12266, Iowa State University, Department of Economics.
    4. Hesamzadeh, Mohammad Reza & Biggar, Darryl R., 2021. "Generalized FTRs for hedging inter-nodal pricing risk," Energy Economics, Elsevier, vol. 94(C).
    5. Parisio, Lucia & Bosco, Bruno, 2008. "Electricity prices and cross-border trade: Volume and strategy effects," Energy Economics, Elsevier, vol. 30(4), pages 1760-1775, July.
    6. Severin Borenstein & James Bushnell & Frank Wolak, 2000. "Diagnosing Market Power in California's Restructured Wholesale Electricity Market," NBER Working Papers 7868, National Bureau of Economic Research, Inc.
    7. Agostini, Claudio A. & Guzmán, Andrés M. & Nasirov, Shahriyar & Silva, Carlos, 2019. "A surplus based framework for cross-border electricity trade in South America," Energy Policy, Elsevier, vol. 128(C), pages 673-684.
    8. Neuhoff, K., 2003. "Integrating Transmission and Energy Markets Mitigates Market Power," Cambridge Working Papers in Economics 0310, Faculty of Economics, University of Cambridge.
    9. Micola, Augusto Ruperez & Bunn, Derek W., 2007. "Two markets and a weak link," Energy Economics, Elsevier, vol. 29(1), pages 79-93, January.
    10. Somani, Abhishek, 2012. "Financial risk management and market performance in restructured electric power markets: Theoretical and agent-based test bed studies," ISU General Staff Papers 201201010800003479, Iowa State University, Department of Economics.
    11. Finn R. Førsund, 2007. "Hydropower Economics," International Series in Operations Research and Management Science, Springer, number 978-0-387-73027-1, December.
    12. Borenstein, Severin & Bushnell, James & Wolak, Frank, 1999. "Diagnosing Market Power in California's Deregulated Wholesale Electricity Market," Competition Policy Center, Working Paper Series qt3rx965d5, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
    13. Cristian Zambrano & Yris Olaya, 2017. "An agent-based simulation approach to congestion management for the Colombian electricity market," Annals of Operations Research, Springer, vol. 258(2), pages 217-236, November.
    14. Brijs, Tom & De Jonghe, Cedric & Hobbs, Benjamin F. & Belmans, Ronnie, 2017. "Interactions between the design of short-term electricity markets in the CWE region and power system flexibility," Applied Energy, Elsevier, vol. 195(C), pages 36-51.
    15. Hopkins, Caroline A., 2020. "Convergence bids and market manipulation in the California electricity market," Energy Economics, Elsevier, vol. 89(C).
    16. Rashmi Jain & Anwar S. Siddiqui & Majid Jamil & C. P. Gupta & Preeti, 2017. "A strategy for FTR bidding in deregulated electricity markets," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 8(1), pages 78-89, January.
    17. Bravo, Diego & Sauma, Enzo & Contreras, Javier & de la Torre, Sebastián & Aguado, José A. & Pozo, David, 2016. "Impact of network payment schemes on transmission expansion planning with variable renewable generation," Energy Economics, Elsevier, vol. 56(C), pages 410-421.
    18. Luis E. Gonzales & Koichiro Ito & Mar Reguant, 2022. "The Dynamic Impact of Market Integration: Evidence from Renewable Energy Expansion in Chile," NBER Working Papers 30016, National Bureau of Economic Research, Inc.
    19. Severin Borenstein & James B. Bushnell & Frank A. Wolak, 2002. "Measuring Market Inefficiencies in California's Restructured Wholesale Electricity Market," American Economic Review, American Economic Association, vol. 92(5), pages 1376-1405, December.
    20. Rangel, Luiz Fernando, 2008. "Competition policy and regulation in hydro-dominated electricity markets," Energy Policy, Elsevier, vol. 36(4), pages 1292-1302, April.
    21. Joskow, Paul L & Tirole, Jean, 1999. "Transmission Rights and Market Power on Electric Power Networks. II: Physical Rights," CEPR Discussion Papers 2087, C.E.P.R. Discussion Papers.
    22. Daniel A. Benitez, 2004. "On Quantity Competition and Transmission Constraints in Electricity Market," Econometric Society 2004 Latin American Meetings 98, Econometric Society.
    23. Ruderer, D., 2012. "The Impact of Transmission Pricing in Network Industries," Cambridge Working Papers in Economics 1230, Faculty of Economics, University of Cambridge.
    24. Rosellon, Juan & Tregear, Juan & Zenon, Eric, 2010. "El modelo HRV para expansión óptima de redes de transmisión: una aplicación a la red eléctrica de Ontario [The HRV Model for the Optimal Expansion of Transmission Networks: an Application to the On," MPRA Paper 26471, University Library of Munich, Germany.
    25. Joskow, Paul L & Tirole, Jean, 1999. "Transmission Rights and Market Power on Electric Power Networks I: Financial Rights," CEPR Discussion Papers 2093, C.E.P.R. Discussion Papers.
    26. Mario Ibarburu, 2001. "Regulación en los mercados eléctricos competitivos," Documentos de Trabajo (working papers) 0801, Department of Economics - dECON.
    27. Helman, Udi, 2006. "Market power monitoring and mitigation in the US wholesale power markets," Energy, Elsevier, vol. 31(6), pages 877-904.
    28. José Ignacio Sánchez-Macías & Pedro Calero Pérez, 2003. "Regulación de las tarifas de acceso a las redes y liberalización del sector eléctrico español," Hacienda Pública Española / Review of Public Economics, IEF, vol. 166(3), pages 61-83, September.

  31. Severin Borenstein & James Bushnell & Christopher R. Knittel, 1999. "Market Power in Electricity Markets: Beyond Concentration Measures," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4), pages 65-88.
    See citations under working paper version above.
  32. Bushnell, J. & Oren, S., 1997. "Transmission pricing in California's proposed electricity market," Utilities Policy, Elsevier, vol. 6(3), pages 237-244, September.

    Cited by:

    1. Jens Hönen & Johann L. Hurink & Bert Zwart, 2023. "A classification scheme for local energy trading," OR Spectrum: Quantitative Approaches in Management, Springer;Gesellschaft für Operations Research e.V., vol. 45(1), pages 85-118, March.
    2. Severin Borenstein & James Bushnell & Frank Wolak, 2000. "Diagnosing Market Power in California's Restructured Wholesale Electricity Market," NBER Working Papers 7868, National Bureau of Economic Research, Inc.
    3. Borenstein, Severin & Bushnell, James & Wolak, Frank, 1999. "Diagnosing Market Power in California's Deregulated Wholesale Electricity Market," Competition Policy Center, Working Paper Series qt3rx965d5, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
    4. Benjamin, Richard, 2007. "Principles for Interregional Transmission Expansion," The Electricity Journal, Elsevier, vol. 20(8), pages 36-47, October.
    5. Pineau, Pierre-Olivier & Hamalainen, Raimo P., 2000. "A perspective on the restructuring of the Finnish electricity market," Energy Policy, Elsevier, vol. 28(3), pages 181-192, March.
    6. Severin Borenstein & James Bushnell & Christopher R. Knittel & Catherine Wolfram, 2001. "Trading Inefficiencies in California's Electricity Markets," NBER Working Papers 8620, National Bureau of Economic Research, Inc.

  33. Bushnell, James B. & Stoft, Steven E., 1997. "Improving private incentives for electric grid investment," Resource and Energy Economics, Elsevier, vol. 19(1-2), pages 85-108, March.
    See citations under working paper version above.
  34. Bushnell, James B & Stoft, Steven E, 1996. "Electric Grid Investment under a Contract Network Regime," Journal of Regulatory Economics, Springer, vol. 10(1), pages 61-79, July.

    Cited by:

    1. Joskow, Paul L. & Tirole, Jean, 2004. "Merchant Transmission Investment," IDEI Working Papers 263, Institut d'Économie Industrielle (IDEI), Toulouse.
    2. Biggar, Darryl R. & Hesamzadeh, Mohammad Reza, 2022. "An integrated theory of dispatch and hedging in wholesale electric power markets," Energy Economics, Elsevier, vol. 112(C).
    3. Adrien de Hauteclocque & Frédéric Marty & Julien Pillot, 2011. "The Essential Facilities Doctrine in European Competition Policy: The Case of the Energy Sector," Chapters, in: Jean-Michel Glachant & Dominique Finon & Adrien de Hauteclocque (ed.), Competition, Contracts and Electricity Markets, chapter 11, Edward Elgar Publishing.
    4. Makoto Tanaka, 2007. "Extended Price Cap Mechanism for Efficient Transmission Expansion under Nodal Pricing," Networks and Spatial Economics, Springer, vol. 7(3), pages 257-275, September.
    5. Rabindra Nepal & Flavio Menezes, 2017. "Regulatory Reforms in Small Energy Systems: Experience from Australia's Northern Territory Electricity Market," Economic Papers, The Economic Society of Australia, vol. 36(3), pages 300-316, September.
    6. Hesamzadeh, Mohammad Reza & Biggar, Darryl R., 2021. "Generalized FTRs for hedging inter-nodal pricing risk," Energy Economics, Elsevier, vol. 94(C).
    7. Gert Brunekreeft & David Newbery, 2005. "Should Merchant Transmission Investment be subject to a Mustoffer Provision?," Working Papers EPRG 0503, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    8. Richard O’Neill & Emily Fisher & Benjamin Hobbs & Ross Baldick, 2008. "Towards a complete real-time electricity market design," Journal of Regulatory Economics, Springer, vol. 34(3), pages 220-250, December.
    9. de Hauteclocque, Adrien & Rious, Vincent, 2011. "Reconsidering the European regulation of merchant transmission investment in light of the third energy package: The role of dominant generators," Energy Policy, Elsevier, vol. 39(11), pages 7068-7077.
    10. Stephen C. Littlechild & Carlos J. Skerk, 2004. "Regulation of transmission expansion in Argentina Part I: State ownership, reform and the Fourth Line," Working Papers EP61, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    11. Leuthold, Florian & Jeske, Till & Weigt, Hannes & von Hirschhausen, Christian, 2009. "When the Wind Blows Over Europe: A Simulation Analysis and the Impact of Grid Extensions," MPRA Paper 65655, University Library of Munich, Germany.
    12. Brunekreeft, Gert, 2005. "Regulatory issues in merchant transmission investment," Utilities Policy, Elsevier, vol. 13(2), pages 175-186, June.
    13. Höffler, Felix & Wambach, Achim, 2013. "Investment Coordination in Network Industries: The Case of Electricity Grid and Electricity," EWI Working Papers 2013-12, Energiewirtschaftliches Institut an der Universitaet zu Koeln (EWI).
    14. Benjamin, Richard, 2013. "A two-part tariff for financing transmission expansion," Utilities Policy, Elsevier, vol. 27(C), pages 98-107.
    15. Ingo Vogelsang, 2006. "Electricity Transmission Pricing and Performance-based Regulation," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4), pages 97-126.
    16. Juan Rosellon & Tarjei Kristiansen, 2007. "Merchant Electricity Transmission Expansion: A European Case Study," Working papers DTE 391, CIDE, División de Economía.
    17. Brunekreeft, G., 2003. "Market-based Investment in Electricity Transmission Networks: Controllable Flow," Cambridge Working Papers in Economics 0340, Faculty of Economics, University of Cambridge.
    18. Enzo Sauma & Shmuel Oren, 2006. "Proactive planning and valuation of transmission investments in restructured electricity markets," Journal of Regulatory Economics, Springer, vol. 30(3), pages 261-290, November.
    19. Salerian, John & Gregan, Tendai & Stevens, Ann, 2000. "Pricing in Electricity Markets," Journal of Policy Modeling, Elsevier, vol. 22(7), pages 859-893, December.
    20. Fischlein, Miriam & Wilson, Elizabeth J. & Peterson, Tarla R. & Stephens, Jennie C., 2013. "States of transmission: Moving towards large-scale wind power," Energy Policy, Elsevier, vol. 56(C), pages 101-113.
    21. Thomas-Olivier Léautier & Véronique Thelen, 2009. "Optimal expansion of the power transmission grid: why not?," Journal of Regulatory Economics, Springer, vol. 36(2), pages 127-153, October.
    22. Chao, Hung-po & Wilson, Robert, 2020. "Coordination of electricity transmission and generation investments," Energy Economics, Elsevier, vol. 86(C).
    23. Vincent Rious & Yannick Perez & Philippe Dessante, 2008. "The efficiency of short run and long run locational signals to coordinate generation location with lumpy transmission investments," Post-Print hal-00339505, HAL.
    24. Bastian Henze & Charles Noussair & Bert Willems, 2012. "Regulation of network infrastructure investments: an experimental evaluation," Journal of Regulatory Economics, Springer, vol. 42(1), pages 1-38, August.
    25. Juan Rosellon & William Hogan & Ingo Vogeslang, 2007. "Toward a Combined Merchant-Regulatory Mechanism for Electricity Transmission Expansion," Working papers DTE 389, CIDE, División de Economía.
    26. Juan Rosellón, Ingo Vogelsang, and Hannes Weigt, 2012. "Long-run Cost Functions for Electricity Transmission," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1).
    27. Henrik Bjørnebye & Cathrine Hagem & Arne Lind, 2017. "Optimal location of renewable power," Discussion Papers 862, Statistics Norway, Research Department.
    28. Stephen Littlechild, 2012. "Merchant and regulated transmission: theory, evidence and policy," Journal of Regulatory Economics, Springer, vol. 42(3), pages 308-335, December.
    29. De Siano, Rita & Sapio, Alessandro, 2022. "Spatial merit order effects of renewables in the Italian power exchange," Energy Economics, Elsevier, vol. 108(C).
    30. Alexander Galetovic, 2003. "Integración Vertical en el Sector Eléctrico: Una guía para el usuario (Vertical integration in the electricity sector)," Documentos de Trabajo 158, Centro de Economía Aplicada, Universidad de Chile.
    31. Ramteen Sioshansi and Ashlin Tignor, 2012. "Do Centrally Committed Electricity Markets Provide Useful Price Signals?," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
    32. Cristian Zambrano & Yris Olaya, 2017. "An agent-based simulation approach to congestion management for the Colombian electricity market," Annals of Operations Research, Springer, vol. 258(2), pages 217-236, November.
    33. Adrien de Hauteclocque & Vincent Rious, 2009. "Reconsidering the Regulation of Merchant Transmission Investment in the Light of the Third Energy Package: The Role of Dominant Generators," RSCAS Working Papers 2009/59, European University Institute.
    34. Vincent Rious & Yannick Perez & Philippe Dessante, 2008. "Is combination of nodal pricing and average participation tariff the best solution to coordinate the location of power plants with lumpy transmission investments?," Post-Print hal-00323878, HAL.
    35. Matsukawa, Isamu, 2008. "The effects of average revenue regulation on electricity transmission investment and pricing," Energy Economics, Elsevier, vol. 30(3), pages 696-714, May.
    36. Brunekreeft, Gert, 2004. "Market-based investment in electricity transmission networks: controllable flow," Utilities Policy, Elsevier, vol. 12(4), pages 269-281, December.
    37. Tanga McDaniel & Karsten Neuhoff, 2002. "Use of long-term auctions for network investment," Working Papers EP04, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    38. Bushnell, James B. & Stoft, Steven E., 1997. "Improving private incentives for electric grid investment," Resource and Energy Economics, Elsevier, vol. 19(1-2), pages 85-108, March.
    39. Benjamin, Richard, 2007. "Principles for Interregional Transmission Expansion," The Electricity Journal, Elsevier, vol. 20(8), pages 36-47, October.
    40. Adrien de Hauteclocque & Vincent Rious, 2008. "Regulatory Uncertainty and Inefficiency for the Development of Merchant Lines in Europe," Post-Print hal-00338296, HAL.
    41. Ramteen Sioshansi & Paul Denholm & Thomas Jenkin, 2012. "Market and Policy Barriers to Deployment of Energy Storage," Economics of Energy & Environmental Policy, International Association for Energy Economics, vol. 0(Number 2).
    42. SMEERS, Yves, 2005. "Long term locational prices and investment incentives in the transmission of electricity," LIDAM Discussion Papers CORE 2005030, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    43. Felix Höffler & Achim Wambach, 2013. "Investment coordination in network industries: the case of electricity grid and electricity generation," Journal of Regulatory Economics, Springer, vol. 44(3), pages 287-307, December.
    44. Enzo Sauma & Shmuel Oren, 2006. "Proactive planning and valuation of transmission investments in restructured electricity markets," Journal of Regulatory Economics, Springer, vol. 30(3), pages 358-387, November.
    45. Sahraei-Ardakani, Mostafa, 2018. "Merchant power flow controllers," Energy Economics, Elsevier, vol. 74(C), pages 878-885.
    46. Jean-Michel Glachant & Dominique Finon & Adrien de Hauteclocque (ed.), 2011. "Competition, Contracts and Electricity Markets," Books, Edward Elgar Publishing, number 14165.
    47. Kristiansen, Tarjei, 2008. "Allocation of long-term financial transmission rights for transmission expansion," European Journal of Operational Research, Elsevier, vol. 184(3), pages 1122-1139, February.
    48. Biggar, Darryl, 2022. "Seven outstanding issues in energy network regulation," Energy Economics, Elsevier, vol. 115(C).
    49. Ruderer, Dominik & Zöttl, Gregor, 2018. "Transmission pricing and investment incentives," Utilities Policy, Elsevier, vol. 55(C), pages 14-30.
    50. Wu, F.F & Zheng, F.L. & Wen, F.S., 2006. "Transmission investment and expansion planning in a restructured electricity market," Energy, Elsevier, vol. 31(6), pages 954-966.
    51. Brunekreeft, G., 2004. "‘Regulatory Issues in Merchant Transmission Investment’," Cambridge Working Papers in Economics 0422, Faculty of Economics, University of Cambridge.
    52. Littlechild, Stephen C. & Skerk, Carlos J., 2008. "Transmission expansion in Argentina 2: The Fourth Line revisited," Energy Economics, Elsevier, vol. 30(4), pages 1385-1419, July.
    53. Keller, Katja & Wild, Jorg, 2004. "Long-term investment in electricity: a trade-off between co-ordination and competition?," Utilities Policy, Elsevier, vol. 12(4), pages 243-251, December.
    54. Rosellon, Juan & Tregear, Juan & Zenon, Eric, 2010. "El modelo HRV para expansión óptima de redes de transmisión: una aplicación a la red eléctrica de Ontario [The HRV Model for the Optimal Expansion of Transmission Networks: an Application to the On," MPRA Paper 26471, University Library of Munich, Germany.
    55. Poudineh, Rahmatallah & Rubino, Alessandro, 2017. "Business model for cross-border interconnections in the Mediterranean basin," Energy Policy, Elsevier, vol. 107(C), pages 96-108.
    56. Makoto TANAKA, 2005. "Optimal Transmission Capacity under Nodal Pricing and Incentive Regulation for Transco," Discussion papers 05021, Research Institute of Economy, Trade and Industry (RIETI).
    57. Sauma, Enzo E. & Oren, Shmuel S., 2009. "Do generation firms in restructured electricity markets have incentives to support social-welfare-improving transmission investments?," Energy Economics, Elsevier, vol. 31(5), pages 676-689, September.
    58. Garcia, Reinaldo C. & Contreras, Javier & Correia, Pedro F. & Muñoz, José I., 2010. "Transmission assets investment timing using net present value curves," Energy Policy, Elsevier, vol. 38(1), pages 598-605, January.
    59. Benjamin, Richard, 2010. "A further inquiry into FTR properties," Energy Policy, Elsevier, vol. 38(7), pages 3547-3556, July.

  35. Bushnell, James & Stoft, Steven, 1996. "Grid investment: can a market do the job?," The Electricity Journal, Elsevier, vol. 9(1), pages 74-79.

    Cited by:

    1. Biggar, Darryl R. & Hesamzadeh, Mohammad Reza, 2022. "An integrated theory of dispatch and hedging in wholesale electric power markets," Energy Economics, Elsevier, vol. 112(C).
    2. Meeus, Leonardo, 2011. "Why (and how) to regulate power exchanges in the EU market integration context?," Energy Policy, Elsevier, vol. 39(3), pages 1470-1475, March.
    3. Brunekreeft, G., 2003. "Market-based Investment in Electricity Transmission Networks: Controllable Flow," Cambridge Working Papers in Economics 0340, Faculty of Economics, University of Cambridge.
    4. Kennedy, David, 2002. "Regulatory reform and market development in power sectors of transition economies: the case of Kazakhstan," Energy Policy, Elsevier, vol. 30(3), pages 219-233, February.
    5. Brunekreeft, Gert, 2004. "Market-based investment in electricity transmission networks: controllable flow," Utilities Policy, Elsevier, vol. 12(4), pages 269-281, December.
    6. Benjamin, Richard, 2007. "Principles for Interregional Transmission Expansion," The Electricity Journal, Elsevier, vol. 20(8), pages 36-47, October.
    7. Sahraei-Ardakani, Mostafa, 2018. "Merchant power flow controllers," Energy Economics, Elsevier, vol. 74(C), pages 878-885.
    8. Chamorro, José M. & Abadie, Luis M. & de Neufville, Richard & Ilić, Marija, 2012. "Market-based valuation of transmission network expansion. A heuristic application in GB," Energy, Elsevier, vol. 44(1), pages 302-320.
    9. Keller, Katja & Wild, Jorg, 2004. "Long-term investment in electricity: a trade-off between co-ordination and competition?," Utilities Policy, Elsevier, vol. 12(4), pages 243-251, December.
    10. Benjamin, Richard, 2010. "A further inquiry into FTR properties," Energy Policy, Elsevier, vol. 38(7), pages 3547-3556, July.

  36. Borenstein, Severin & Bushnell, James & Kahn, Edward & Stoft, Steven, 1995. "Market power in California electricity markets," Utilities Policy, Elsevier, vol. 5(3-4), pages 219-236.

    Cited by:

    1. Severin Borenstein & James Bushnell, 1998. "An Empirical Analysis of the Potential for Market Power in California's Electricity Industry," NBER Working Papers 6463, National Bureau of Economic Research, Inc.
    2. Koppelaar, Rembrandt H.E.M. & Keirstead, James & Shah, Nilay & Woods, Jeremy, 2016. "A review of policy analysis purpose and capabilities of electricity system models," Renewable and Sustainable Energy Reviews, Elsevier, vol. 59(C), pages 1531-1544.
    3. Severin Borenstein & James. Bushnell & Steven Stoft, 2000. "The Competitive Effects of Transmission Capacity in A Deregulated Electricity Industry," RAND Journal of Economics, The RAND Corporation, vol. 31(2), pages 294-325, Summer.
    4. Ciarreta, Aitor & Nasirov, Shahriyar & Silva, Carlos, 2016. "The development of market power in the Spanish power generation sector: Perspectives after market liberalization," Energy Policy, Elsevier, vol. 96(C), pages 700-710.
    5. Wiser, R. H., 2000. "The role of public policy in emerging green power markets: an analysis of marketer preferences," Renewable and Sustainable Energy Reviews, Elsevier, vol. 4(2), pages 177-212, June.
    6. M. Soledad Arellano & Pablo Serra, 2005. "Market Power in Price-Regulated Power Industries," Documentos de Trabajo 208, Centro de Economía Aplicada, Universidad de Chile.
    7. Cardell, Judith B. & Hitt, Carrie Cullen & Hogan, William W., 1997. "Market power and strategic interaction in electricity networks," Resource and Energy Economics, Elsevier, vol. 19(1-2), pages 109-137, March.
    8. Ciro Eduardo Bazán Navarro, 2004. "Análisis de la competencia en un mercado mayorista de electricidad: el caso de España," Documentos de trabajo conjunto ULL-ULPGC 2004-04, Facultad de Ciencias Económicas de la ULPGC.
    9. Barnes-Regueiro, Francisco & Leach, Matthew & Ruth, Matthias, 2002. "The Mexican energy sector: integrated dynamic analysis of the natural gas/refining system," Energy Policy, Elsevier, vol. 30(9), pages 767-779, July.
    10. Federico Boffa & Viswanath Pingali & Davide Vannoni, 2009. "Increasing Market Interconnection: An analysis of the Italian Electricity Spot Market," Working papers 04, Former Department of Economics and Public Finance "G. Prato", University of Torino.
    11. Khalid A. Alnowibet & Ahmad M. Alshamrani & Adel F. Alrasheedi, 2023. "A Bilevel Stochastic Optimization Framework for Market-Oriented Transmission Expansion Planning Considering Market Power," Energies, MDPI, vol. 16(7), pages 1-15, April.
    12. Marks, Levi & Mason, Charles & Mohlin, Kristina & Zaragoza-Watkins, Matthew, 2017. "Vertical Market Power in Interconnected Natural Gas and Electricity Markets," RFF Working Paper Series 17-27, Resources for the Future.
    13. Bushnell, James & Mansur, Erin T. & Saravia, Celeste, 2008. "Vertical Arrangements, Market Structure and Competition: An Analysis of Restructured U.S. Electricity Markets," Staff General Research Papers Archive 13130, Iowa State University, Department of Economics.
    14. Severin Borenstein & James Bushnell & Frank Wolak, 2000. "Diagnosing Market Power in California's Restructured Wholesale Electricity Market," NBER Working Papers 7868, National Bureau of Economic Research, Inc.
    15. Neuhoff, K., 2003. "Integrating Transmission and Energy Markets Mitigates Market Power," Cambridge Working Papers in Economics 0310, Faculty of Economics, University of Cambridge.
    16. Augusto Rupérez-Micola & Albert Banal-Estañol, 2007. "Composition of electricity generation portfolios, pivotal dynamics and market prices," Economics Working Papers 1083, Department of Economics and Business, Universitat Pompeu Fabra.
    17. Paul L. Joskow, 2001. "California's Electricity Crisis," NBER Working Papers 8442, National Bureau of Economic Research, Inc.
    18. Goto, Mika & Karolyi, G. Andrew, 2004. "Understanding Electricity Price Volatility within and across Markets," Working Paper Series 2004-12, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
    19. Kamiński, Jacek, 2012. "The development of market power in the Polish power generation sector: A 10-year perspective," Energy Policy, Elsevier, vol. 42(C), pages 136-147.
    20. Lamia Varawala & Mohammad Reza Hesamzadeh & Gyorgy D'an & Derek Bunn & Juan Rosell'on, 2021. "A Pricing Mechanism to Jointly Mitigate Market Power and Environmental Externalities in Electricity Markets," Papers 2104.00578, arXiv.org, revised Apr 2023.
    21. Bhagwat, Pradyumna C. & Richstein, Jörn C. & Chappin, Emile J.L. & de Vries, Laurens J., 2016. "The effectiveness of a strategic reserve in the presence of a high portfolio share of renewable energy sources," Utilities Policy, Elsevier, vol. 39(C), pages 13-28.
    22. Soledad Arellano, 2004. "Market Power in Mixed Hydro-Thermal Electric," Documentos de Trabajo 187, Centro de Economía Aplicada, Universidad de Chile.
    23. Oliveira, Fernando S. & Ruiz, Carlos & Conejo, Antonio J., 2013. "Contract design and supply chain coordination in the electricity industry," European Journal of Operational Research, Elsevier, vol. 227(3), pages 527-537.
    24. Sweetser, Al, 1999. "Measuring a dominant firm's market power in a restructured electricity market, a case study of Colorado," Utilities Policy, Elsevier, vol. 7(4), pages 243-257, February.
    25. Derek W. Bunn & Fernando S. Oliveira, 2008. "Modeling the Impact of Market Interventions on the Strategic Evolution of Electricity Markets," Operations Research, INFORMS, vol. 56(5), pages 1116-1130, October.
    26. Richard H. Mattoon, 2002. "The electricity system at the crossroads--policy choices and pitfalls," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 26(Q I), pages 2-18.
    27. Bhagwat, Pradyumna C. & Iychettira, Kaveri K. & Richstein, Jörn C. & Chappin, Emile J.L. & De Vries, Laurens J., 2017. "The effectiveness of capacity markets in the presence of a high portfolio share of renewable energy sources," Utilities Policy, Elsevier, vol. 48(C), pages 76-91.
    28. Kahn, Edward, 1998. "Introducing competition to the electricity industry in Spain: the role of initial conditions," Utilities Policy, Elsevier, vol. 7(1), pages 15-22, March.
    29. M. Soledad Arellano, 2004. "Market Power in Mixed Hydro-Thermal Electric Systems," Econometric Society 2004 Latin American Meetings 211, Econometric Society.
    30. Santos Júnior, Edvaldo Pereira & Silva, Magno Vamberto Batista da & Simioni, Flávio José & Rotella Junior, Paulo & Menezes, Rômulo Simões Cezar & Coelho Junior, Luiz Moreira, 2022. "Location and concentration of the forest bioelectricity supply in Brazil: A space-time analysis," Renewable Energy, Elsevier, vol. 199(C), pages 710-719.
    31. Bye, Torstein & Bruvoll, Annegrete & Aune, Finn Roar, 2008. "Inflow shortages in deregulated power markets -- Reasons for concern?," Energy Economics, Elsevier, vol. 30(4), pages 1693-1711, July.
    32. Ventosa, Mariano & Baillo, Alvaro & Ramos, Andres & Rivier, Michel, 2005. "Electricity market modeling trends," Energy Policy, Elsevier, vol. 33(7), pages 897-913, May.
    33. Dormady, Noah C., 2014. "Carbon auctions, energy markets & market power: An experimental analysis," Energy Economics, Elsevier, vol. 44(C), pages 468-482.
    34. Ramos, Andres & Ventosa, Mariano & Rivier, Michel, 1999. "Modeling competition in electric energy markets by equilibrium constraints," Utilities Policy, Elsevier, vol. 7(4), pages 233-242, February.
    35. Severin Borenstein & James B. Bushnell & Frank A. Wolak, 2002. "Measuring Market Inefficiencies in California's Restructured Wholesale Electricity Market," American Economic Review, American Economic Association, vol. 92(5), pages 1376-1405, December.
    36. TANAKA Makoto, 2007. "Oligopolistic Competition in the Japanese Wholesale Electricity Market: A Linear Complementarity Approach," Discussion papers 07023, Research Institute of Economy, Trade and Industry (RIETI).
    37. Macatangay, Rafael Emmanuel A., 1998. "Space-time prices of wholesale electricity in England and Wales," Utilities Policy, Elsevier, vol. 7(3), pages 163-188, November.
    38. Robert L. Earle & Karl Schmedders, 2001. "Demand Uncertainty and Risk-aversion: Why Price Caps May Lead to Higher Prices," Discussion Papers 1330, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    39. Bhagwat, Pradyumna C. & Iychettira, Kaveri K. & Richstein, Jörn C. & Chappin, Emile J.L. & Vries, Laurens J. De, 2017. "The effectiveness of capacity markets in the presence of a high portfolio share of renewable energy sources," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 48, pages 76-91.
    40. Karl-Martin Ehrhart & Fabian Ocker, 2021. "Design and regulation of balancing power auctions: an integrated market model approach," Journal of Regulatory Economics, Springer, vol. 60(1), pages 55-73, August.
    41. Alfredo Garcia & Ennio Stacchetti, 2011. "Investment dynamics in electricity markets," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 46(2), pages 149-187, February.
    42. Daron Acemoglu, Ali Kakhbod, and Asuman Ozdaglar, 2017. "Competition in Electricity Markets with Renewable Energy Sources," The Energy Journal, International Association for Energy Economics, vol. 0(KAPSARC S).
    43. Khan, Agha Salman M. & Verzijlbergh, Remco A. & Sakinci, Ozgur Can & De Vries, Laurens J., 2018. "How do demand response and electrical energy storage affect (the need for) a capacity market?," Applied Energy, Elsevier, vol. 214(C), pages 39-62.
    44. Kuleshov, Dmitry & Viljainen, Satu & Annala, Salla & Gore, Olga, 2012. "Russian electricity sector reform: Challenges to retail competition," Utilities Policy, Elsevier, vol. 23(C), pages 40-49.
    45. Kamiński, Jacek, 2014. "A blocked takeover in the Polish power sector: A model-based analysis," Energy Policy, Elsevier, vol. 66(C), pages 42-52.
    46. Bunn, Derek W. & Oliveira, Fernando S., 2007. "Agent-based analysis of technological diversification and specialization in electricity markets," European Journal of Operational Research, Elsevier, vol. 181(3), pages 1265-1278, September.
    47. Fernando S. Oliveira & Derek W. Bunn & London Business School, 2006. "Modeling the strategic trading of electricity assets," Computing in Economics and Finance 2006 235, Society for Computational Economics.
    48. Jun Dong & Dongran Liu & Xihao Dou & Bo Li & Shiyao Lv & Yuzheng Jiang & Tongtao Ma, 2021. "Key Issues and Technical Applications in the Study of Power Markets as the System Adapts to the New Power System in China," Sustainability, MDPI, vol. 13(23), pages 1-29, December.
    49. Helgesen, Per Ivar & Tomasgard, Asgeir, 2018. "An equilibrium market power model for power markets and tradable green certificates, including Kirchhoff's Laws and Nash-Cournot competition," Energy Economics, Elsevier, vol. 70(C), pages 270-288.
    50. Mulder, Machiel & Petrikaitė, Vaiva & Scholtens, Bert, 2015. "Distributed energy generation techniques and the competitive fringe effect in electricity markets," Resource and Energy Economics, Elsevier, vol. 42(C), pages 125-140.
    51. He, Kaijian & Yu, Lean & Tang, Ling, 2015. "Electricity price forecasting with a BED (Bivariate EMD Denoising) methodology," Energy, Elsevier, vol. 91(C), pages 601-609.

  37. Blumstein, Carl & Bushnell, James, 1994. "A guide to the blue book: Issues in California's electric industry restructuring and reform," The Electricity Journal, Elsevier, vol. 7(7), pages 18-29, September.

    Cited by:

    1. Alan Meier, 1996. "The Status of Demand Side Management in the United States," Energy & Environment, , vol. 7(2), pages 179-190, March.
    2. Rajnish Kamat & Shmuel Oren, 2004. "Two-settlement Systems for Electricity Markets under Network Uncertainty and Market Power," Journal of Regulatory Economics, Springer, vol. 25(1), pages 5-37, January.
    3. Paroma Sanyal, 2007. "The effect of deregulation on environmental research by electric utilities," Journal of Regulatory Economics, Springer, vol. 31(3), pages 335-353, June.
    4. Paroma Sanyal, 2005. "Powering a Green Progress: The Effect of Electricity Deregulation on Environmental Research," Industrial Organization 0504015, University Library of Munich, Germany.

  38. Bushnell, James B & Oren, Shmuel S, 1994. "Bidder Cost Revelation in Electric Power Auctions," Journal of Regulatory Economics, Springer, vol. 6(1), pages 5-26, February.

    Cited by:

    1. Gert Brunekreeft & Roland Meyer & Margarethe Rammerstorfer, 2013. "Auction Design for a Strategic Reserve Market for Generation Adequacy: On the Incentives Under Different Auction Scoring Rules," Bremen Energy Working Papers 0014, Bremen Energy Research.
    2. Sebastian Just & Christoph Weber, 2012. "Strategic Behavior in the German Balancing Energy Mechanism: Incentives, Evidence, Costs and Solutions," EWL Working Papers 1204, University of Duisburg-Essen, Chair for Management Science and Energy Economics, revised Oct 2012.
    3. Farrell, Niall & Devine, Mel, 2015. "How do External Costs affect Pay-as-bid Renewable Energy Connection Auctions?," Papers WP517, Economic and Social Research Institute (ESRI).
    4. Mengelkamp, Esther & Gärttner, Johannes & Rock, Kerstin & Kessler, Scott & Orsini, Lawrence & Weinhardt, Christof, 2018. "Designing microgrid energy markets," Applied Energy, Elsevier, vol. 210(C), pages 870-880.
    5. Perrone, G. & Roma, P. & Lo Nigro, G., 2010. "Designing multi-attribute auctions for engineering services procurement in new product development in the automotive context," International Journal of Production Economics, Elsevier, vol. 124(1), pages 20-31, March.
    6. Wang, Hong, 2013. "Contingent payment auction mechanism in multidimensional procurement auctions," European Journal of Operational Research, Elsevier, vol. 224(2), pages 404-413.
    7. John Asker & Estelle Cantillon, 2008. "Properties of scoring auctions," RAND Journal of Economics, RAND Corporation, vol. 39(1), pages 69-85, March.
    8. Brett Katzman & Kerry Anne McGeary, 2008. "Will Competitive Bidding Decrease Medicare Prices?," Southern Economic Journal, John Wiley & Sons, vol. 74(3), pages 839-856, January.
    9. Jens Leth Hougaard & Kurt Nielsen & Athanasios Papakonstantinou, 2012. "A Simple Multi-attribute Yardstick Auction Without Prior Scoring," MSAP Working Paper Series 02_2012, University of Copenhagen, Department of Food and Resource Economics.
    10. Di Corato, Luca & Dosi, Cesare & Moretto, Michele, 2018. "Multidimensional auctions for long-term procurement contracts with early-exit options: The case of conservation contracts," European Journal of Operational Research, Elsevier, vol. 267(1), pages 368-380.
    11. Pierangelo Mori, 2008. "Design of Multidimensional Franchise Auctions by an Ignorant Principal," Working Papers - Economics wp2008_13.rdf, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.
    12. Hung-po Chao, 2015. "Two-stage auction and subscription pricing for awarding monopoly franchises," Journal of Regulatory Economics, Springer, vol. 47(3), pages 219-238, June.
    13. Kumkar, Lars, 1996. "Wettbewerb im Stromsektor der USA I: Re-Regulierung der Großhandelsebene," Kiel Working Papers 738, Kiel Institute for the World Economy (IfW Kiel).
    14. Patrick Bajari & Stephanie Houghton & Steve Tadelis, 2006. "Bidding for Incomplete Contracts: An Empirical Analysis," NBER Working Papers 12051, National Bureau of Economic Research, Inc.
    15. Di Corato, Luca & Dosi, Cesare & Moretto, Michele, 2015. "Multidimensional auctions for long-term procurement contracts under the threat of early exit: the case of conservation auctions," Working Paper Series 2015:6, Swedish University of Agricultural Sciences, Department Economics.
    16. Sebastian Just, 2011. "Appropriate contract durations in the German markets for on-line reserve capacity," Journal of Regulatory Economics, Springer, vol. 39(2), pages 194-220, April.
    17. Jianqing Chen & Lizhen Xu & Andrew Whinston, 2010. "Managing Project Failure Risk Through Contingent Contracts in Procurement Auctions," Decision Analysis, INFORMS, vol. 7(1), pages 23-39, March.
    18. Cartuyvels, Jacques & Bertrand, Gilles & Papavasiliou, Anthony, 2023. "Market Equilibria in Cross-Border Balancing Platforms," LIDAM Discussion Papers CORE 2023009, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    19. Borenstein, Severin & Bushnell, James & Kahn, Edward & Stoft, Steven, 1995. "Market power in California electricity markets," Utilities Policy, Elsevier, vol. 5(3-4), pages 219-236.
    20. John Asker & Estelle Cantillon, 2004. "Equilibrium in Scoring Auctions," Working Papers 2004.148, Fondazione Eni Enrico Mattei.
    21. Sebastian Just & Christoph Weber, 2015. "Strategic behavior in the German balancing energy mechanism: incentives, evidence, costs and solutions," Journal of Regulatory Economics, Springer, vol. 48(2), pages 218-243, October.
    22. Karl-Martin Ehrhart & Fabian Ocker, 2021. "Design and regulation of balancing power auctions: an integrated market model approach," Journal of Regulatory Economics, Springer, vol. 60(1), pages 55-73, August.
    23. Cantillon, Estelle & Asker, John, 2005. "Optimal Procurement When Both Price and Quality Matter," CEPR Discussion Papers 5276, C.E.P.R. Discussion Papers.
    24. Jens Leth Hougaard & Kurt Nielsen & Athanasios Papakonstantinou, 2016. "A Sealed-Bid Two-Attribute Yardstick Auction Without Prior Scoring," Group Decision and Negotiation, Springer, vol. 25(4), pages 827-843, July.
    25. Knaut, Andreas & Obermüller, Frank & Weiser, Florian, 2017. "Tender Frequency and Market Concentration in Balancing Power Markets," EWI Working Papers 2017-4, Energiewirtschaftliches Institut an der Universitaet zu Koeln (EWI).
    26. Richard Engelbrecht-Wiggans & Ernan Haruvy & Elena Katok, 2007. "A Comparison of Buyer-Determined and Price-Based Multiattribute Mechanisms," Marketing Science, INFORMS, vol. 26(5), pages 629-641, 09-10.
    27. Jens Leth Hougaard & Kurt Nielsen & Athanasios Papakonstantinou, 2013. "A Multi-attribute Yardstick Auction without Prior Scoring," MSAP Working Paper Series 02_2013, University of Copenhagen, Department of Food and Resource Economics, revised Mar 2014.
    28. Kumkar, Lars, 1996. "Wettbewerb im Stromsektor der USA II: Re-Regulierung der Einzelhandelsebene im Bundesstaat Kalifornien," Kiel Working Papers 739, Kiel Institute for the World Economy (IfW Kiel).

  39. James B. Bushnell & Shmuel S. Oren, 1994. "Incentive Effects of Environmental Adders in Electric Power Auctions," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3), pages 55-74.

    Cited by:

    1. Kocagil, Ahmet E, 1997. "Portfolio choice of government incentives: the case of commercialization of a new coal-based technology," Energy Policy, Elsevier, vol. 25(10), pages 887-896, August.
    2. D'Sa, Antonette, 2005. "Integrated resource planning (IRP) and power sector reform in developing countries," Energy Policy, Elsevier, vol. 33(10), pages 1271-1285, July.

Chapters

  1. Severin Borenstein & James B. Bushnell, 2021. "Headwinds and Tailwinds: Implications of Inefficient Retail Energy Pricing for Energy Substitution," NBER Chapters, in: Environmental and Energy Policy and the Economy, volume 3, pages 37-70, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  2. James B. Bushnell, 2011. "The Economics of Carbon Offsets," NBER Chapters, in: The Design and Implementation of US Climate Policy, pages 197-209, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  3. James B. Bushnell & Catherine Wolfram, 2009. "The Guy at the Controls: Labor Quality and Power Plant Efficiency," NBER Chapters, in: International Differences in the Business Practices and Productivity of Firms, pages 79-102, National Bureau of Economic Research, Inc.
    See citations under working paper version above.Sorry, no citations of chapters recorded.
IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.