Center for Energy and Environmental Policy Research: Recent submissions
Now showing items 253-255 of 334
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Market power in a storable-good market : theory and applications to carbon and sulfur trading
(MIT Center for Energy and Environmental Policy Research, 2005)We consider a market for storable pollution permits in which a large agent and a fringe of small agents gradually consume a stock of permits until they reach a long-run emissions limit. The subgame-perfect equilibrium ... -
Electricity internal market in the European Union : what to do next?
(MIT Center for Energy and Environmental Policy Research, 2005.)The European Union's "internal energy market" remains a work in progress. It is even possible its construction were to stall. Given current political, institutional and business conditions in Europe, there are no guarantees ... -
Incentive regulation in theory and practice : electricity distribution and transmission networks
(MIT Center for Energy and Environmental Policy Research, 2005)Modern theoretical principles to govern the design of incentive regulation mechanisms are reviewed and discussed. General issues associated with applying these principles in practice are identified. Examples of the actual ...
