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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...
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...
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...