Search Results - "Joskow, Paul L"

Creating a Smarter U.S. Electricity Grid by Joskow, Paul L.

“…This paper focuses on efforts to build what policymakers call the “smart grid,” involving 1) improved remote monitoring and automatic and remote control of…”
Get full text

Lessons Learned From Electricity Market Liberalization by Joskow, Paul L.

“…This paper discusses the lessons learned from electricity sector liberalization over the last 20 years. The attributes of reform models that have exhibited…”
Get full text

Dynamic Pricing of Electricity by Joskow, Paul L., Wolfram, Catherine D.

“…As both a regulator and an academic, Fred Kahn argued that end-use electricity consumers should face prices that reflect the time-varying marginal costs of…”
Get full text

Capacity payments in imperfect electricity markets: Need and design by Joskow, Paul L.

“…This paper argues that a variety of imperfections in wholesale “energy-only” electricity markets lead to generators earning net revenues that are inadequate to…”
Get full text

Comparing the Costs of Intermittent and Dispatchable Electricity Generating Technologies by Joskow, Paul L.

“…Economic evaluations of alternative electric generating technologies typically rely on comparisons between their expected “levelized cost” per MWh supplied. I…”
Get full text

Challenges for wholesale electricity markets with intermittent renewable generation at scale: the US experience by Joskow, Paul L

Get full text

Natural Gas: From Shortages to Abundance in the United States by Joskow, Paul L.

“…The history of natural gas wellhead and pipeline regulation, deregulation and regulatory reforms are discussed. These reforms brought natural gas shortages and…”
Get full text

The Expansion of Incentive (Performance-Based) Regulation of Electricity Distribution and Transmission in the United States by Joskow, Paul L.

“…I examine developments in the application of performance-based regulation (PBR) to electricity distribution and transmission in the United States. Applications…”
Get full text

A Quantitative Analysis of Pricing Behavior in California's Wholesale Electricity Market During Summer 2000 by Joskow, Paul L., Kahn, Edward

“…During the Summer of 2000, wholesale electricity prices in California were nearly 500% higher than they were during the same months in 1998 or 1999. This price…”
Get full text

The Future of Nuclear Power After Fukushima by JOSKOW, PAUL L., PARSONS, JOHN E.

“…This paper analyzes the impact of the Fukushima accident on the future of nuclear power around the world. We begin with a discussion of the “but for” baseline…”
Get full text

Jerry Hausman by Joskow, Paul L.

“…This paper is in two parts. The first part includes some reminiscences of my life with Jerry since we both arrived at MIT in 1972. The second part discusses…”
Get full text

Restructuring, Competition and Regulatory Reform in the U.S. Electricity Sector by Joskow, Paul L.

“…The U.S. electricity sector is going through dramatic changes. The changes are expanding competition in the generating segment of the industry, making it…”
Get full text

Electricity pricing challenges in future renewables-dominant power systems by Mallapragada, Dharik S., Junge, Cristian, Wang, Cathy, Pfeifenberger, Hannes, Joskow, Paul L., Schmalensee, Richard

“…Economy-wide decarbonization will require electric power systems to rely heavily on variable renewable energy (VRE, mainly wind and solar generation), which…”
Get full text

The Political Economy of Market‐Based Environmental Policy: the U.S. Acid Rain Program by Joskow, Paul L, Schmalensee, Richard

“…The US acid rain program enacted in 1990 gave valuable tradable sulfur dioxide emissions permits - called allowances - to electric utilities. A study examines…”
Get full text

Symposium on 'Capacity Markets' by Joskow, Paul L

Get full text

Markets for Power in the United States: An Interim Assessment by Joskow, Paul L.

“…The transition to competitive wholesale and retail markets for electricity in the U.S. has been a difficult and contentious process. This paper examines the…”
Get full text

Transmission Rights and Market Power on Electric Power Networks by Joskow, Paul L., Tirole, Jean

“…We analyze whether and how the allocation of transmission rights associated with the use of electric power networks affects the behavior of electricity…”
Get full text

Symposium on Energy Efficiency by JOSKOW, PAUL L.

Get full text

The Shale Gas Revolution: Introduction by JOSKOW, PAUL L.

Get full text

California's Electricity Crisis by JOSKOW, PAUL L.

“…The paper examines the economic and regulatory factors that led to an explosion in wholesale power prices, supply shortages, and utility insolvencies in…”
Get full text