Now showing items 1-8 of 8

    • The Difficult Transition to Competitive Electricity Markets in the U.S. 

      Joskow, Paul (2004-06-16)
      This paper discusses the causes and consequences of state and federal initiatives to introduce wholesale and retail competition into the U.S. electricity sector from 1995. The development and performance of wholesale ...
    • Incentive Regulation in Theory and Practice: Electricity Distribution and Transmission Networks 

      Joskow, Paul (2006-03-14)
      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 ...
    • Merchant Transmission Investment 

      Joskow, Paul; Tirole, Jean (2004-06-16)
      We examine the performance attributes of a merchant transmission investment framework that relies on �market driven� transmission investment to provide the infrastructure to support competitive wholesale markets for ...
    • Patterns of Transmission Investment 

      Joskow, Paul (2006-03-14)
      This paper examines a number of issues associated with alternative analytical approaches for evaluating investments in electricity transmission infrastructure, and institutional arrangements to govern network operation, ...
    • A Quantitative Analysis of Pricing Behavior In California's Wholesale Electricity Market During Summer 2000 

      Joskow, Paul; Kahn, Edward (2004-06-16)
      A Quantitative Analysis of Pricing Behavior In California's Wholesale Electricity Market During Summer 2000
    • Reliability and Competitive Electricity Markets 

      Joskow, Paul; Tirole, Jean (2006-03-14)
      Deregulation of the electricity sector has resulted in conflict between the economic aims of creating competitive wholesale and retail markets, and an engineering focus on reliability of supply. The paper starts by deriving ...
    • Retail Electricity Competition 

      Joskow, Paul; Tirole, Jean (2004-06-16)
      We explore the implications of load profiling of consumers whose traditional meters do not allow for measurement of their real time consumption. We find the competitive equilibrium does not support the Ramsey two-part ...
    • Transmission Policy in the United States 

      Joskow, Paul (2006-03-14)
      This paper provides an overview of the development of electric power transmission access, pricing and investment policies in the U.S. over the last 15 years and evaluates the current state of those policies. It includes a ...