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Electricity Marginal Cost Pricing

Electricity Marginal Cost Pricing

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Contents

Table of Contents

Electricity Marginal Cost Pricing: Applications in Eliciting Demand Responses

Table of Contents

Acknowledgements

2 The Theory of Natural Monopoly and Literature Review

3 U.S. Electric Markets, Structure, and Regulations

4 The Economics (and Econometrics) of Cost Modeling

6 Case Study: A Multiproduct Cubic Cost Model to Estimate the Marginal Cost of Distributing Electricity in the United States ...

7 Case Study: Cost Models to Illustrate KLEM Data

8 Efficient Pricing of Electricity

9 Price and Substitution Elasticities of Demand: How Are They Used and What Do They Measure?: A Review of Demand ...

10 Time-of-Use Case Study

The Electricity Crisis: Summer 2000

Factors Precipitating the Crisis

Chronology of the California Electricity Crisis: Lessons Learned (or What Not to Do)

Chapter Overview

Literature Review

Effect of Time-Of-Use Pricing On Peak Utility Load

Recent Experience in California

The California Debacle: A Decade Later

Using Real-Time Pricing to Estimate Price Elasticity of Demand

Further Implications of the Residential Responsive Pricing Pilot

Peak-Load Pricing

Substitution Elasticities

Elasticities of Substitution

Recommended Reading

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