Measuring gains from regional dispatch: Coal-fired power plant utilization and market reforms

Energy Journal

Volumn 27, Issue 1, 2006, Pages 119-138

  Douglas, Stratford ^a  

^a WEST VIRGINIA UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

COAL; COMPUTER SIMULATION; ECONOMICS; ELECTRIC POWER TRANSMISSION; MARKETING; MATHEMATICAL MODELS; UTILITY RATES;

COAL FIRED POWER PLANT UTILIZATION; DIFFERENCE-IN-DIFFERENCE MODEL; MARKET REFORM;

ELECTRIC POWER PLANTS;

EID: 30744453037     PISSN: 01956574     EISSN: None     Source Type: Trade Journal    
DOI: 10.5547/ISSN0195-6574-EJ-Vol27-No1-7     Document Type: Article

References (28)

1. Borenstein, Severin, and James Bushnell (1999). "An Empirical Analysis of the Potential for Market Power in California's Electricity Market." Journal of Industrial Economics 47(3): 285-323.
2. Borenstein, Severin, and James Bushnell (2000). "Electricity Restructuring: Deregulation or Reregulation?" Regulation, 23(2): 46-52.
3. Borenstein, Severin, James Bushnell, and Frank A. Wolak (2002). "Measuring Market Inefficiencies in California's Restructured Wholesale Electricity Market." American Economic Review 92 (5): 1376-1405.
4. Borenstein, Severin, James Bushnell, and C. Knittel (1999). "Market Power in Electricity Markets: Beyond Concentration Measures." The Energy Journal 20(4): 65-88.
5. Bushnell, James, Erin T. Mansur, and Celeste Saravia (2004). "Market Structure and Competition: A Cross-Market Analysis of U.S. Electricity Deregulation." Center for the Study of Energy Markets Working Paper WP-126. March.
6. Caves, D. W., L. R. Christensen and J. A. Swanson (1981). Productivity Growth, Scale Economies, and Capacity Utilization in U.S. Railroads, 1955-74. American Economic Review 71(6): 994-1002.
7. Christensen, L. R., and W.H. Greene (1976). Economies of Scale in U.S. Electric Power Generation. Journal of Political Economy 84(4): 655-676.
8. Considine, Timothy J. (2000). Cost Structures for Fossil Fuel-Fired Electric Power Generation. The Energy Journal 21(2): 83-104.
9. Energy Information Administration (EIA) Electric Power Annual 2000: Volume I.
10. Green, Richard J. and David M. Newbery (1992). "Competition in the British Electricity Spot Market." Journal of Political Economy 100(5): 929-953.
11. Hausman, J., and D. Wise (1977). "Social Experimentation, Truncated Distributions, and Efficient Estimation." Econometrica 45(4): 919-938.
12. Hortacsu, Ali and Steven L. Puller (2004). "Testing Strategic Models of Firm Behavior in Restructured Electricity Markets: A Case Study of ERCOT." Center for the Study of Energy Markets Working Paper WP-125. March.
13. Joskow, Paul L. (2003). "The Difficult Transition to Competitive Electricity Markets in the U.S." Cambridge Working Papers in Economics 0328, Department of Applied Economics, University of Cambridge.
14. Joskow, Paul L. (1997). "Restructuring, Competition and Regulatory Reform in the U.S. Electricity Sector." The Journal of Economic Perspectives 11(3): 119-138.
15. Joskow, Paul L., and Richard Schmalensee (1983). Markets for Power: An Analysis of Electric Utility Deregulation. Cambridge, MA: MIT Press.
16. Joskow, Paul L., and Richard Schmalensee (1987). "The Performance of Coal-Burning Electric Generating Units in the United States: 1960-1980.', Journal of Applied Econometrics 2(2): 85-109
17. Kleit, Andrew N. and Dek Terrell (2001). "Measuring Potential Efficiency Gains from Deregulation of Electricity Generation: A Bayesian Approach." Review of Economics and Statistics, 83(3) 523-530.
18. Laffont, Jean-Jacques and Jean Tirole (1993). A Theory of Incentives in Procurement and Regulation. Cambridge, MA: MIT Press.
19. Mansur, Erin T. (2003). "Vertical Integration in Restructured Electricity Markets: Measuring Market Efficiency and Firm Conduct." Center for the Study of Energy Markets Working Paper WP-117. October.
20. Markiewicz, Kira, Nancy L. Rose, and Catherine Wolfram (2004). "Has Restructuring Improved Operating Efficiency at US Electricity Generating Plants?" Mimeo, University of California at Berkeley. April.
21. Nelson, Randy A. (1985). "Returns to Scale from Variable and Total Cost Functions: Evidence from the Electric Power Industry." Economics Letters 18, 271-276.
22. Nerlove, M. (1963). "Returns to Scale in Electricity Supply. In Measurements in Economics - Studies in Mathematical Economics and Econometrics in Memory of Yehuda Grunfeld, edited by C. F. Christ. Stanford: Stanford University Press.
23. Newbery, David M. and Michael G. Pollitt (1997). "The Restructuring and Privatization of Britain's CEGB: Was it Worth it?" Journal of Industrial Economics 45(3), 269-303.
24. Stigler, George and Claire Friedland (1962), What Can Regulators Regulate? The Case of Electricity, Journal of Law and Economics 5: 1-16.
25. Stoft, Steven (2002) Power System Economics: Designing Markets for Electricity, New York: IEEE/Wiley.
26. US-Canada Power System Outage Task Force (2004), Final Report on the August 14th, 2003 Blackout in the United States and Canada: Causes and Recommendations. April 5. Available at http://www.nerc.com/~filez/ blackout.html.
27. Winston, Clifford (1993). "Economic Deregulation: Days of Reckoning for Microeconomists." Journal of Economic Literature 31(3): 1263-1289.
28. Wolfram, Catherine (2003). "The Efficiency of Electricity Generation in the U.S. After Restructuring." Center for the Study of Energy Markets Working Paper 111, Berkeley, CA: University of California Energy Institute.