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Presentation August 13, 2019

Existing Plant Decision-making: Economics for Wholesale Electricity Markets

By William Shobe, Ranjit Bharvirkar, Dallas Burtraw

This presentation is part of Economics for Wholesale Electricity Markets, a curriculum on the theory and application of economic-engineering concepts underlying competitive electricity markets. Existing Plant Decision-making explores cost analysis for choosing which power plants to run. The presentation accompanies Module 4 in this series: Module 1: T...

Power Markets and Reliability Download View Summary
Presentation August 13, 2019

Contracts, Auctions, and Exchanges: Economics for Wholesale Electricity Markets

By William Shobe, Ranjit Bharvirkar, Dallas Burtraw

This presentation is part of Economics for Wholesale Electricity Markets, a curriculum on the theory and application of economic-engineering concepts underlying competitive electricity markets. Contracts, Auctions, and Exchanges explains the mechanics of energy exchange and the “value” of price. The presentation accompanies Module 6 in this series: ...

Power Markets and Reliability Download View Summary
Presentation August 13, 2019

System Management: Economics for Wholesale Electricity Markets

By William Shobe, Ranjit Bharvirkar, Dallas Burtraw

This presentation is part of Economics for Wholesale Electricity Markets, a curriculum on the theory and application of economic-engineering concepts underlying competitive electricity markets. System Management discusses managing grid resources for reliability and affordability. The presentation accompanies Module 7 in this series: Module 1: The Langua...

Power Markets and Reliability Download View Summary
Presentation August 13, 2019

The Language of Costs: Economics for Wholesale Electricity Markets

By William Shobe, Ranjit Bharvirkar, Dallas Burtraw

This presentation is part of Economics for Wholesale Electricity Markets, a curriculum on the theory and application of economic-engineering concepts underlying competitive electricity markets. The Language of Costs aims to develop a common understanding of capital costs, operation and maintenance costs, average cost, and variable cost. It also illustrates how...

Power Markets and Reliability Download View Summary
Presentation August 13, 2019

Services of Different Plants: Economics for Wholesale Electricity Markets

By William Shobe, Ranjit Bharvirkar, Dallas Burtraw

This presentation is part of Economics for Wholesale Electricity Markets, a curriculum on the theory and application of economic-engineering concepts underlying competitive electricity markets. Services of Different Plants identifies the importance of flexibility and other characteristics of generation. The presentation accompanies Module 2 in this series: ...

Power Markets and Reliability Download View Summary
Presentation August 13, 2019

Costs of Different Plants: Economics for Wholesale Electricity Markets

By William Shobe, Ranjit Bharvirkar, Dallas Burtraw

This presentation is part of Economics for Wholesale Electricity Markets, a curriculum on the theory and application of economic-engineering concepts underlying competitive electricity markets. Costs of Different Plants identifies and characterizes various types of power plants. It then describes a hypothetical portfolio of various plants, and, finally, it appli...

Power Markets and Reliability Download View Summary
Presentation August 13, 2019

New Plant Decision-making: Economics for Wholesale Electricity Markets

By William Shobe, Ranjit Bharvirkar, Dallas Burtraw

This presentation is part of Economics for Wholesale Electricity Markets, a curriculum on the theory and application of economic-engineering concepts underlying competitive electricity markets. New Plant Decision-making discusses the basic economics of decisions to build new generating capacity. The presentation accompanies Module 5 in this series: Modu...

Power Markets and Reliability Download View Summary
Presentation July 31, 2019

Controlling Emissions in India’s Electricity Sector

By Rasika Athawale, Ranjit Bharvirkar

In a workshop co-hosted by the Centre for Policy Research, Asar Social Impact Advisors and RAP, Rasika Athawale and Ranjit Bharvirkar presented an introduction to market-based options for electricity sector emissions control. They considered the strengths and weaknesses of an emissions trading system, an emissions portfolio obligation and an emissions reduction ...

Greenhouse Gas Management, Regulation and Governance Download View Summary
Presentation July 16, 2019

Funding Roadway Infrastructure in an Electrified World

By Karen Glitman, Mark LeBel, Jim Lazar

In a webinar on July 16, Mark LeBel and Jim Lazar from RAP, along with Karen Glitman of the Center for Sustainable Energy, discussed and answered questions about the current state of transportation funding, the causes of highway construction and maintenance costs, and ways to implement better solutions for everyone who shares the roads....

Electric Vehicles, Pricing and Rate Design, Regulation and Governance Download View Summary
Presentation July 10, 2019

Revenue Regulation: Options for New Mexico (open meeting)

By Megan O’Reilly, Janine Migden-Ostrander, Frederick Weston

​Megan O'Reilly, Janine Migden-Ostrander and Frederick Weston met with commissioners and staff of the New Mexico Public Regulatory Commission to discuss the theory and practice of revenue-based regulation ("decoupling") in the U.S. and elsewhere. New Mexico recently enacted a law encouraging the use of alternative regulatory methods that better align pri...

Revenue Regulation Download View Summary