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New software tool to model the economic and environmental impacts of California drought（图）
New software tool model economic environmental impacts California drought
2020/7/10
Drought may mean restrictions for watering lawns, crop losses for farmers and an increased risk of wildfires. But it can also hit power companies in the wallet.In communities that rely on water for po...
This paper was funded by the Labor Project for Working Families through a grant
from the David and Lucile Packard Foundation. Michael Reich, Ph.D., Professor
of Economics at University of California...
Pricing in the California Power Exchange Electricity Market: Should California Switch from Uniform Pricing to Pay-as-Bid Pricing?
Exchange Electricity Market Pay-as-Bid Pricing
2015/9/18
In mid-November, this Panel was constituted to investigate “whether the current rules for
determining the market price in the California Power Exchange Day-Ahead market results in a
fair and effic...
Pollution,Test Scores and Distribution of Academic Achievement:Evidence from California Schools 2002-2008
Pollution Test Scores Academic Achievement California Schools 2002-2008
2015/9/18
One of the main arguments in favor of stricter regulations on air pollution is that it has harmful effects on child and adult health. Air pollution is associated with asthma, lower lung function, hay ...
Report of the Market Simulation Group on Competitive Supply/Demand Balance in the California Allowance Market and the Potential for Market Manipulation
Market Simulation Competitive Supply
2015/7/31
California's Cap and Trade market in greenhouse gases (GHG) is now in its
third calendar year, with the rst allowance auction taking place on November
14, 2012 and compliance obligations commencing...
Carbon in the Classroom: Lessons from a Simulation of California’s Electricity Market Under a Stringent Cap-and Trade System
Classroom Electricity Market
2015/7/31
To better understand how a cap-and-trade market might
function under high-carbon-price conditions, the authors
ran a simulation called the ‘Electricity Strategy Game’
created by Severin Borenstein ...
Using Environmental Emissions Permit Prices to Raise Electricity Prices: Evidence from the California Electricity Market
Raise Electricity Prices California Electricity Market
2015/7/31
This paper analyzes the extent to which the conditions in the emissions permit market for
nitrogen oxides (NOx) operated by the South Coast Air Quality Management District
(SCAQMD) in the Los Ange...
Proposed Market Monitoring and Mitigation Plan for California Electricity Marke
California Electricity Marke Mitigation Plan
2015/7/31
The Market Surveillance Committee’s December 1, 2000 “Analysis of ‘Order Proposing
Remedies for California Wholesale Electricity Markets (Issued November 1, 2000)’,” concluded
that the “Proposed Ord...
A Comprehensive Market Power Mitigation Plan for the California Electricity Market
Comprehensive Market the California Electricity Market
2015/7/31
In its December 15, 2000 Report of the California electricity industry, the Federal Energy
Regulatory Commission (FERC) stated that electricity prices in California during the summer and autumn
of 2...
Measuring Market Inef®ciencies in California’s Restructured Wholesale Electricity Market
Restructured Wholesale Electricity Market Measuring Market
2015/7/31
We present a method for decomposing wholesale electricity payments into production costs, inframarginal competitive rents, and payments resulting from the exercise of market power. Using data from Jun...
Measuring Unilateral Market Power in Wholesale Electricity Markets: The California Market, 1998–2000
Unilateral Market Power Electricity Markets
2015/7/31
This paper measures the unilateral incentive
each of the five largest electricity suppliers in
California had to exercise market power in the
state’s wholesale market during the four-month
p...
A key lesson is that FERC must regulate, rather than
simply monitor, wholesale electricity markets. Rather
than focusing its attention on monitoring market
performance, FERC should instead concentr...
Competition and RBOC Revenues and Infrastructure Investment: The Case of Arkansas, California, Texas, New York, and Illinois
Competition and RBOC Revenues Infrastructure Investment
2015/7/31
The results of infrastructure modernization comparisons and revenue comparisons are
consistent with the view that the historically pro-competition states delivered benefits to their
consumers in the...
Regulation and the Leverage of Local Market Power in the California Electricity Market
Market Power Regulation
2015/7/31
Such generators possess ‘local’ monopoly power, and in deregulated settings have frequently
been able to extract significant rents from their advantageous locations within a power
system. Sinc...
What Can California Hope to Achieve from AB32?
Economic Challenges Greenhouse Gas Emissions Cap
2015/7/31
State Air Resources Board (ARB) adopts statewide
greenhouse gas emissions (GHGs) limit equivalent to
1990 emissions levels to be achieved by 2020
– Controls all greenhouse gases—carbon dioxide, m...