The drive for sustainability as evidenced by the Paris Accords is forcing a radical re-
examination of the way electricity is produced, managed, and consumed. Research on …

We derive the optimal prices and investment program for an electric power system when
there are price‐insensitive retail consumers served by load serving entities that can choose …

In this paper, I use the resilience framework to interpret the project of transforming the
German energy system into a renewable energy sources (RES)-based system, the so-called …

Electricity spot prices in the emerging power markets are volatile, a consequence of the
unique physical attributes of electricity production and distribution. Uncontrolled exposure to …

In recent years, electricity markets have been characterized by a growing share of fluctuating
renewable energies, which has increased concerns about the security of electricity supply …

The capacity market that the authors have proposed for New England avoids problems
found in early capacity markets by only rewarding capacity that contributes to reliability as …

An “energy only” market design could avoid the need for increasingly prescriptive
regulations targeted at ensuring resource adequacy. Transparent scarcity pricing would …

The findings, interpretations, and conclusions expressed in this paper are entirely those of
the author and should not be attributed in any manner to the World Bank, to its affiliated …

The customer economics of US residential photovoltaics (PV) often depend on retail
electricity rates, because most utilities compensate customer-sited PV generation via net …

This article analyses how a capacity mechanism can address security of supply objectives in
a power market undergoing an energy transition that combines energy efficiency efforts to …