Small businesses are typically committed to providing a positive customer experience and therefore may exhibit a response to dynamic electricity prices different from residential or industrial...

We extend the competitive benchmark pricing model of Borenstein et al. (2002) to locational-pricing markets.

The recent shift in the United States from coal to natural gas as a primary feedstock for the production of electric power has reduced the intensity of sectoral carbon dioxide emissions, but—due to...

Wholesale electricity market design requires an explicit regulatory process to set the market rules for compensating and charging market participants for their actions.

Economists traditionally argue that forward commodity markets allow more effi- cient risk-sharing and information aggregation.

In April 2015, Singapore introduced an anonymous futures market for wholesale electricity.

Producers and consumers will make the investments and innovations necessary to transition to a low carbon electricity supply industry only if they are compensated for their efforts.

We analyze how market design influences bidding in multiunit procurement auctions where suppliers have asymmetric information about production costs.

We show that a common regulatory mandate in electricity markets that employ locational marginal pricing (LMP) requiring all electricity retailers to purchase their wholesale electricity at the same...

Women empowerment (WE) is increasingly viewed as an important strategy to reduce maternal and child undernutrition,1–3 which continues to be a major health burden in low- and middle-income...

A spatial equilibrium model of the world coal market is developed that accounts for coal to natural gas switching in the electricity sector in the United States and Europe, the potential for China...