Does a detailed model of the electricity grid matter? Estimating the impacts of the Regional Greenhouse Gas Initiative
Author
Abstract
Suggested Citation
DOI: 10.1016/j.reseneeco.2013.11.015
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Roger E. Bohn & Michael C. Caramanis & Fred C. Schweppe, 1984. "Optimal Pricing in Electrical Networks over Space and Time," RAND Journal of Economics, The RAND Corporation, vol. 15(3), pages 360-376, Autumn.
- Shmuel S. Oren, 1997. "Economic Inefficiency of Passive Transmission Rights in Congested Electricity Systems with Competitive Generation," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 63-83.
- Hogan, William W, 1992. "Contract Networks for Electric Power Transmission," Journal of Regulatory Economics, Springer, vol. 4(3), pages 211-242, September.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- 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).
- Picciano, Paul & Aguilar, Francisco X. & Burtraw, Dallas & Mirzaee, Ashkan, 2022. "Environmental and socio-economic implications of woody biomass co-firing at coal-fired power plants," Resource and Energy Economics, Elsevier, vol. 68(C).
- Frew, Bethany A. & Jacobson, Mark Z., 2016. "Temporal and spatial tradeoffs in power system modeling with assumptions about storage: An application of the POWER model," Energy, Elsevier, vol. 117(P1), pages 198-213.
- Shawhan, Daniel L. & Picciano, Paul D., 2019.
"Costs and benefits of saving unprofitable generators: A simulation case study for US coal and nuclear power plants,"
Energy Policy, Elsevier, vol. 124(C), pages 383-400.
- Shawhan, Daniel & Picciano, Paul, 2017. "Costs and Benefits of Saving Unprofitable Generators: A Simulation Case Study for US Coal and Nuclear Power Plants," RFF Working Paper Series 17-22, Resources for the Future.
- Rebecca J. Davis & J. Scott Holladay & Charles Sims, 2022.
"Coal-Fired Power Plant Retirements in the United States,"
Environmental and Energy Policy and the Economy, University of Chicago Press, vol. 3(1), pages 4-36.
- Rebecca J. Davis & J. Scott Holladay & Charles Sims, 2021. "Coal-Fired Power Plant Retirements in the United States," NBER Chapters, in: Environmental and Energy Policy and the Economy, volume 3, pages 4-36, National Bureau of Economic Research, Inc.
- 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).
- Mirzaee, Ashkan & McGarvey, Ronald G. & Aguilar, Francisco X., 2024. "Feasibility of satisfying projected biopower demands in support of decarbonization interventions: A spatially-explicit cost optimization model applied to woody biomass in the eastern US," Energy Economics, Elsevier, vol. 136(C).
- 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.
- Yan, Jingchi, 2021. "The impact of climate policy on fossil fuel consumption: Evidence from the Regional Greenhouse Gas Initiative (RGGI)," Energy Economics, Elsevier, vol. 100(C).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- 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.
- Neuhoff, K., 2003.
"Integrating Transmission and Energy Markets Mitigates Market Power,"
Cambridge Working Papers in Economics
0310, Faculty of Economics, University of Cambridge.
- Karsten Neuhoff, 2003. "Integrating Transmission and Energy Markets Mitigates Market Power," Working Papers EP17, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Ingo Vogelsang, 2018. "Can Simple Regulatory Mechanisms Realistically be used for Electricity Transmission Investment? The Case of H-R-G-V," Economics of Energy & Environmental Policy, International Association for Energy Economics, vol. 0(Number 1).
- Pär Holmberg & Andy Philpott, 2014.
"Supply function equilibria in transportation networks,"
Cambridge Working Papers in Economics
1421, Faculty of Economics, University of Cambridge.
- 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.
- Karsten Neuhoff, 2002.
"Optimal congestion treatment for bilateral electricity trading,"
Working Papers
EP05, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Neuhoff, K., 2002. "Optimal congestion treatment for bilateral electricity trading," Cambridge Working Papers in Economics 0214, Faculty of Economics, University of Cambridge.
- 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.
- Andreas Ehrenmann & Karsten Neuhoff, 2009.
"A Comparison of Electricity Market Designs in Networks,"
Operations Research, INFORMS, vol. 57(2), pages 274-286, April.
- 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.
- Andreas Ehrenmann & Karsten Neuhoff, 2003. "A Comparison of Electricity Market Designs in Networks," Working Papers EP31, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Paul Joskow & Jean Tirole, 2005.
"Merchant Transmission Investment,"
Journal of Industrial Economics, Wiley Blackwell, vol. 53(2), pages 233-264, June.
- Paul Joskow & Jean Tirole, 2003. "Merchant Transmission Investment," Working Papers 0304, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research.
- Joskow, P. & Tirole, J., 2003. "Merchant Transmission Investment," Cambridge Working Papers in Economics 0324, Faculty of Economics, University of Cambridge.
- Paul Joskow & Jean Tirole, 2003. "Merchant Transmission Investment," Working Papers EP24, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Joskow, Paul L. & Tirole, Jean, 2004. "Merchant Transmission Investment," IDEI Working Papers 263, Institut d'Économie Industrielle (IDEI), Toulouse.
- Paul Joskow & Jean Tirole, 2003. "Merchant Transmission Investment," NBER Working Papers 9534, National Bureau of Economic Research, Inc.
- Brunekreeft, Gert, 2004. "Market-based investment in electricity transmission networks: controllable flow," Utilities Policy, Elsevier, vol. 12(4), pages 269-281, December.
- Haas, R. & Auer, H., 2006. "The prerequisites for effective competition in restructured wholesale electricity markets," Energy, Elsevier, vol. 31(6), pages 857-864.
- 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.
- 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).
- 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.
- Brennan, Timothy J., 2005.
"Alleged Transmission Undersupply: Is Restructuring the Cure or the Cause?,"
Discussion Papers
10723, Resources for the Future.
- Brennan, Timothy, 2005. "Alleged Transmission Undersupply: Is Restructuring the Cure or the Cause?," RFF Working Paper Series dp-05-50, Resources for the Future.
- Ishizaki, Takayuki & Koike, Masakazu & Yamaguchi, Nobuyuki & Ueda, Yuzuru & Imura, Jun-ichi, 2020. "Day-ahead energy market as adjustable robust optimization: Spatio-temporal pricing of dispatchable generators, storage batteries, and uncertain renewable resources," Energy Economics, Elsevier, vol. 91(C).
- Mariola Ndrio & Anna Winnicki & Subhonmesh Bose, 2019. "Pricing Economic Dispatch with AC Power Flow via Local Multipliers and Conic Relaxation," Papers 1910.10673, arXiv.org, revised Oct 2021.
- Ländner, Eva-Maria & Märtz, Alexandra & Schöpf, Michael & Weibelzahl, Martin, 2019. "From energy legislation to investment determination: Shaping future electricity markets with different flexibility options," Energy Policy, Elsevier, vol. 129(C), pages 1100-1110.
- Hu, X. & Ralph, R., 2006. "Using EPECs to model bilevel games in restructured electricity markets with locational prices," Cambridge Working Papers in Economics 0619, Faculty of Economics, University of Cambridge.
- 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.
- Heffron, Raphael J. & Körner, Marc-Fabian & Sumarno, Theresia & Wagner, Jonathan & Weibelzahl, Martin & Fridgen, Gilbert, 2022.
"How different electricity pricing systems affect the energy trilemma: Assessing Indonesia's electricity market transition,"
Energy Economics, Elsevier, vol. 107(C).
- Heffron, Raphael J. & Marc-Fabian Körner, Marc-Fabian & Sumarno, Theresia & Wagner, Jonathan & Weibelzahl, Martin & Fridgen, Gilbert, 2021. "How Different Electricity Pricing Systems Affect the Energy Trilemma: Assessing Indonesia’s Electricity Market Transition," ADBI Working Papers 1213, Asian Development Bank Institute.
More about this item
Keywords
Electricity market; Simulation modeling; Cost–benefit analysis; Long term; Carbon dioxide;All these keywords.
JEL classification:
- Q47 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy Forecasting
- C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
- C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
- Q52 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Pollution Control Adoption and Costs; Distributional Effects; Employment Effects
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:resene:v:36:y:2014:i:1:p:191-207. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/505569 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.