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From:The Energy Journal (Vol. 42, Issue 4) Peer-ReviewedAdding renewable energy sources (RES) to an electricity market has an ambiguous effect on wholesale prices. The merit order effect (MoE) has a downward pressure on prices while, with market power, higher inframarginal...
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From:The Energy Journal (Vol. 42, Issue 4) Peer-ReviewedWe analyse how the introduction of the same renewable energy technology at different parts of the electricity supply chain has different price formation effects on wholesale power markets. We develop a multi-stage...
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From:The Energy Journal (Vol. 42, Issue 4) Peer-ReviewedThe Economics of Renewable Energy in the Gulf, edited by Hisham Akhonbay (Routledge Taylor and Francis Group, 2019), 246 pages, ISBN: 978-1-138-35190-5 hardback, 978-0-429-43497-6 ebook, 9780367584955 paperback. When...
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From:The Energy Journal (Vol. 42, Issue 4) Peer-ReviewedPower systems with increasing shares of wind and solar power generation have higher capital costs and lower operational costs than power systems based on fossil fuels. This increases the importance of the financing costs...
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From:The Energy Journal (Vol. 42, Issue 4) Peer-ReviewedThe energy rebound effect is a potential threat to energy-saving targets based on energy efficiency improvements. This paper employs a stochastic energy demand frontier model to analyze the energy demand and rebound...
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From:The Energy Journal (Vol. 42, Issue 4) Peer-ReviewedWe address an apparent paradox that the market shares of four ENERGY STAR appliances in the United States do not respond to within-state changes in electricity prices. We resolve the paradox by showing that market shares...
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From:The Energy Journal (Vol. 42, Issue 4) Peer-ReviewedAsymmetric information is an important barrier to the adoption of energy efficient technologies. In this paper, we study supply-side implications of the associated incentive structure. We build on existing evidence that,...
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From:The Energy Journal (Vol. 42, Issue 4) Peer-ReviewedChina aims to enhance its total factor productivity (TFP) to achieve sustainable development. However, the looming energy market reform and its accompanying energy distortions prevent the realization of this ambitious...
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From:The Energy Journal (Vol. 42, Issue 4) Peer-ReviewedWe use classification methods from machine learning to predict the destination of global crude oil exports by utilising micro-level crude oil shipment data that incorporates attributes related to the contract, cargo...
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From:The Energy Journal (Vol. 42, Issue 4) Peer-ReviewedSuperpower: One man's quest to transform American energy, Russell Gold (Simon & Schuster. 2019). 319 pages, ISBN 978-1-5011-6358-6. Any supporter of renewable energy-politician or investor, activist or technocrat-is...
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From:The Energy Journal (Vol. 42, Issue 4) Peer-ReviewedThis paper is one of the limited studies to investigate rebound effects in sectoral electricity consumption and the specific case of New Zealand. New Zealand, like other OECD economies, has aimed for energy efficiency...
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From:The Energy Journal (Vol. 42, Issue 4) Peer-ReviewedWe evaluate the efficiency of electricity distribution operators (DSOs) as providers of local public infrastructure. In particular, we consider two types of efficiency, i.e., short-term (transient) and long-term...
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From:The Energy Journal (Vol. 42, Issue 4) Peer-ReviewedMany countries plan to decarbonise their energy systems by increasing energy efficiency and expanding the use of renewable energy sources (RES). Such actions require significant investments in new energy infrastructures....