The Russian electricity supply industry: from reform to reform?
This EPRG’s paper looks at the development of the industry in the post-Soviet Russia, starting from the ealry 1990s
Étiqueté : capacity market
The smart grid, entry, and imperfect competition in electricity markets
Most US consumers are charged a near-constant retail price for electricity, despite substantial hourly variation in the wholesale market price. The Smart Grid is a set of emerging technologies that, among other effects, will facilitate “real-time pricing” for electricity and increase price elasticity of demand. This paper simulates the effects of this increased demand elasticity using counterfactual simulations in a structural model of the Pennsylvania-Jersey-Maryland electricity market…
