This paper examines the incentives to exercise market power that generators would face and the different strategies that they would follow if all electricity supplies in Chile were traded in an hourly-unregulated spot market. The industry is modeled as a Cournot duopoly with a competitive fringe; particular care is given to the hydro scheduling decision. Quantitative simulations of the strategi...

The present paper seeks to cast scepticism on the validity and value of the results of all earlier studies in India on energy demand analysis and forecasting based on time series regression, on three grounds. (i) As these studies did not care for model adequacy diagnostic checking, indispensably required to verify the empirical validity of the residual whiteness assumptions underlying the very ...

This paper evaluates a large-scale pilot program run by a company called OPOWER, previously known as Positive Energy, to mail home energy use reports to residential utility consumers. The reports include energy conservation information as well as social comparisons between a household’s energy use and that of its neighbors. Using data from a randomized natural …eld experiment at 80,000 treatmen...

In the last decade, voluntary environmental programs have increased considerably in scope. A novel use of these programs is to di¤use new technology in industry as means to improving their environmental outcomes. This paper tests whether the US Environmental Protection Agency’s Combined Heat-and-Power Partnership has encouraged the installation of CHP applications since its start in 2001. Two h...

This paper analyzes the effects of pollution control regulation on input markets. Under Title IV of the 1990 Clean Air Act Amendments, sulfur dioxide emissions from large coal-fired electric power plants in the United States are regulated by a cap-and-trade system. We ask the question: Who captured the rents from Title IV? We first show that Phase I of the tradeable permits program, from 1995 t...

This paper examines the incentives to exercise market power that generators would face and the di®erent strategies that they would follow if all electricity supplies in Chile were traded in an hourly-unregulated spot market. The industry is modeled as a Cournot duopoly with a competitive fringe; particular care is given to the hydro scheduling decision. Quantitative simulations of the strategic...

The United States population of Steller sea lions (SSL), Eumetopias jubatus, is classified as ''threatened'' under the Endangered Species Act" because of a recent 73% decline in numbers. National Marine Fisheries Service (NMFS) has recommended that the US population of SSL be divided into two stocks, with an east-west division at 144 west longitude, based largely on genetic evidence. Since 1992...