A variety of renewable electricity policies to promote investment in wind, solar, and other types of renewable generators exist across the United States. The federal renewable energy investment tax credit, the federal renewable energy production tax credit, and state renewable portfolio standards are among the most notable. Whether the benefits of promoting new technology and reducing pollution...

Wind offers an important alternative to coal as a source of energy for generation of electricity in China with the potential for substantial savings in carbon dioxide emissions. Wind fields derived from assimilated meteorological data are used to assess the potential for wind-generated electricity in China subject to the existing government-approved bidding process for new wind farms. Assuming ...

The purpose of this paper is to analyze the real–time trading of electricity. We address a model for an auction–like trading which captures key features of the real–world electricity markets. Our main result establishes that, under certain conditions, the expected total payment to the electricity producers is independent on particular auction type. This result is analogous to the revenue equiva...

Wind generation with an uncertain nature poses many challenges in grid integration and secure operation of power system. One of these operation problems is the unit commitment. Demand Response (DR) can be defined as the changes in electric usage by end-use customers from their normal consumption patterns in response to the changes in the price of electricity over time. Further, DR can be also d...

Biomass can help reduce greenhouse gas (GHG) emissions by displacing petroleum in the transportation sector, by displacing fossil-based electricity, and by sequestering atmospheric carbon. Which use mitigates the most emissions depends on market and regulatory contexts outside the scope of attributional life cycle assessments. We show that bioelectricity's advantage over liquid biofuels depends...

This paper proposes a smart grid solution for the electricity needs of North and East Sri Lanka (NE-SL); the solution proposed in this paper is a collection of smaller and greener electricity generators, geographically dispersed throughout the NE-SL region. At present, electricity is not available in most of the NE-SL due to the civil war. There is practically no electricity production and dist...

Rising feed-in from renewable energy sources decreases margins, load factors, and thereby profitability of conventional generation in several electricity markets around the world. At the same time, conventional generation is still needed to ensure security of electricity supply. Therefore, capacity markets are currently being widely discussed as a measure to ensure generation adequacy in market...

a r t i c l e i n f o JEL classification: D82 D83 Q49 L11 L12 L94 Keywords: Price pass-through Norwegian electricity market Price asymmetry Market power Transmission lag In this paper we estimate the pass-through of wholesale electricity price to the end consumer price with variable price contracts in the Norwegian electricity market using weekly data. We find substantial asymmetry when retaile...

A significant literature has developed to estimate the damages to third parties from new electricity generation technologies. This paper focuses on how such estimates can be profitably used in the present regulatory environment, and in the potential new environment that may result from restructuring in the electricity industry.

Southern California Edison (SCE) seeks to discover, evaluate, and adopt energy and information technologies to implement a smarter, more robust electricity infrastructure to deliver greater amounts of renewable generation, use electricity as a fuel for vehicles, enable consumers to become active participants in the energy supply chain, and ensure the continued reliability and vitality of our na...