This paper studies policy instruments that correct insufficient learning-by-doing (LbD) and research and development (R&D) of renewable electricity technologies and insufficient investments in energy efficiency (EE) in the presence of carbon pricing. The theoretical model analysis shows how to re-adjust the first-best in second-best situations, in which one of the policy instruments is restrict...

This paper reviews the recent experience of the UK electricity distribution sector under incentive regulation. The UK has a significant and transparent history in implementing incentive regulation in the period since 1990. We demonstrate the successes of this period in reducing costs, prices and energy losses while maintaining quality of service. We also draw out the lessons for other countries...

This paper evaluates changes in electricity generation costs caused by the introduction of market mechanisms to determine production United States. I use staggered transition markets from 1999 2012 estimate causal impact liberalization using a differences-in-difference design on comprehensive hourly panel demand, generators’ costs, capacities, and output. find that reduce 5 percent reallocating...

I examine the Coasean independence property in a large multinational cap-and-trade scheme for greenhouse gas emissions, EU Emissions Trading System. analyze whether emissions of power producers are independent from allowance allocations by leveraging change allocation policy difference-in-difference strategy. The evidence suggests that holds overall and larger emitters firms respond to loss inc...

This article revisits an analysis by Frondel, Ritter and Schmidt (2008) of Germany’s Renewable Energy Act, which legislates a system of feed-in tariff s to promote the use of renewable energies. As in the original article, we argue that Germany’s support scheme subsidizes renewable energy technologies not based on their long-term market potential, but rather on their relative lack of competitiv...

This paper estimates the causal relationships between energy consumption and income for India, Indonesia, the Philippines and Thailand, using cointegration and error-correction modelling techniques. The results indicate that, in the short-run, unidirectional Granger causality runs from energy to income for India and Indonesia, while bidirectional Granger causality runs from energy to income for...

Information provision is a key element of government energy-efficiency policy, but the information that is provided is often too coarse to allow consumers to make efficient decisions. An important example is the ubiquitous yellow “EnergyGuide” label, which is required by law to be displayed on all major appliances sold in the United States. These labels report energy cost information based on a...

Uncertain, yet persistent, real rates of return to capital underpin one argument for using a declining schedule of social discount rates. Yet persistency is only present in approximately the …rst three-quarters of the time-series of US Treasury bond yields used by Newell and Pizer [37] to estimate the term structure for the US Environmental Protection Agency. This coincides with the period in w...

AIM The objective of this population pharmacokinetic (PK) analysis was to provide guidance for the dosing interval of daptomycin in patients undergoing continuous renal replacement therapy (CRRT). METHODS A previously published population PK model for daptomycin was updated with data from patients undergoing continuous veno-venous haemodialysis (CVVHD; n = 9) and continuous veno-venous haemod...

Türkiye’nin enerji ihtiyacının her geçen gün artmasıyla hızlı sürede kendini yenileyebilme özelliği olan yenilenebilir enerjinin arzı içerisindeki yerini almasını gündeme getirmiştir. Dünyanın ekolojik dengesinin korunması ve enerjide dışa bağımlılığın önüne geçilmesinde son derece önemli bu kaynak tüm Dünya’da da ilgi görmektedir. Birçok devlet arz güvenliğinin tedarikinin sağlanması için kayn...