This paper estimates that pollution damages avoidable by solar capacity vary considerably across zip codes in the United States and that they are uncorrelated with solar subsidy …
To avoid electric-infrastructure-induced wildfires, millions of Californians had their power cut for hours to days at a time. We show that rooftop solar-plus-battery-storage systems …
The expansion of the share of renewable energy in the portfolio mix of the electricity generation sector has accelerated the development and integration of large-scale battery …
I investigate the incentives for investing and operating grid-scale energy storage in electricity markets and the need for policies to complement investments with renewables. I develop a …
Product complementarities can shape market patterns, influencing the demand for related products and their accessories. This study examines complementarities in the demand for …
We study the electricity retailer's contract design problem when an electricity battery provider enters the market to provide storage services to end-users. For a social planner or perfectly …
Abstract 1 This paper estimates the impact of solar and wind power intermittency on wholesale prices, arbitrage opportunities and the profitability of storage. First, I use the short …
We consolidate, generalize, and expand on a set of price-theory results to measure consumer benefits from technologies that improve the efficiency of allocations in markets …
In electricity markets, generators are rewarded both for providing energy and for enabling grid reliability. The two functions are compensated with two separate payments: energy …