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Recent Work

The mission of the Center for the Study of Energy Markets (CSEM ) (formerly known as POWER), is to foster top research on energy policy in order to promote better understanding of the functioning of energy markets and the impacts of deregulation in energy industries. CSEM also seeks to develop strategies and tools that can be used by regulatory agencies and policy makers for the analysis of energy markets. CSEM is a program of the University of California Energy Institute (UCEI) and also receives significant financial support from the California Energy Commission.

There are 94 publications in this collection, published between 2002 and 2009. Showing 1 - 50.

Auffhammer, Maximilian; Kellogg, Ryan: Clearing the Air? The Effects of Gasoline Content Regulation on Air Quality, 2009

Blumstein, Carl: Program Evaluation and Incentives for Administrators of Energy-Efficiency Programs: Can Evaluation Solve the Principal/Agent Problem?, 2009

Bushnell, Jim B; Chen, Yihsu: Regulation, Allocation, and Leakage in Cap-and-Trade Markets for CO2, 2009

Bushnell, James; Hobbs, Benjamin; Wolak, Frank A.: When it comes to Demand Response, is FERC its Own Worst Enemy?, 2009

Conte, Marc N.; Kotchen, Matthew: Explaining the Price of Voluntary Carbon Offsets, 2009

Corts, Kenneth S.: Building Out Alternative Fuel Retail Infrastructure: Government Fleet Spillovers in E85, 2009

Davis, Lucas; Muehlegger, Erich: Do Americans Consume Too Little Natural Gas? An Empirical Test of Marginal Cost Pricing, 2009

Eichholtz, Piet; Kok, Nils; Quigley, John M.: Doing Well By Doing Good? Green Office Buildings, 2009

Fowlie, Meredith; Holland, Stephen P.; Mansur, Erin T: What Do Emissions Markets Deliver and to Whom? Evidence from Southern California’s NOx Trading Program, 2009

Holland, Stephen P.: Taxes and Trading versus Intensity Standards: Second-Best Environmental Policies with Incomplete Regulation (Leakage) or Market Power, 2009

Knittel, Christopher R: Automobiles on Steroids: Product Attribute Trade-Offs and Technological Progress in the Automobile Sector, 2009

Knittel, Christopher R: The Implied Cost of Carbon Dioxide under the Cash for Clunkers Program, 2009

Borenstein, Severin: Cost, Conflict and Climate: U.S. Challenges in the World Oil Market, 2008

Borenstein, Severin: Equity Effects of Increasing-Block Electricity Pricing, 2008

Borenstein, Severin: The Implications of a Gasoline Price Floor for the California Budget and Greenhouse Gas Emissions, 2008

Borenstein, Severin: The Market Value and Cost of Solar Photovoltaic Electricity Production, 2008

Fowlie, Meredith; Knittel, Christopher R; Wolfram, Catherine D: Sacred Cars? Optimal Regulation of Stationary and Non-stationary Pollution Sources, 2008

Holland, Stephen P.; MOORE, MICHAEL R: When to Pollute, When to Abate? Intertemporal Permit Use in the Los Angeles NOx Market, 2008

Kotchen, Matthew J; Grant, Laura E.: Does Daylight Saving Time Save Energy? Evidence from a Natural Experiment in Indiana, 2008

Auffhammer, Maximilian; Blumstein, Carl; Fowlie, Meredith: Demand-Side Management and Energy Efficiency Revisited, 2007

Borenstein, Severin: Customer Risk from Real-Time Retail Electricity Pricing: Bill Volatility and Hedgability, 2007

Borenstein, Severin: Electricity Rate Structures and the Economics of Solar PV: Could Mandatory Time-of-Use Rates Undermine California’s Solar Photovoltaic Subsidies?, 2007

Borenstein, Severin; Busse, Meghan; KELLOGG, RYAN M: Principal-agent incentives, excess caution, and market inefficiency: Evidence from utility regulation, 2007

Borenstein, Severin: Wealth Transfers Among Large Customers from Implementing Real-Time Retail Electricity Pricing, 2007

Bushnell, Jim B; Peterman, Carla Joy; Wolfram, Catherine D: California's Greenhouse Gas Policies: Local Solutions to a Global Problem?, 2007

Bushnell, Jim B; Wolfram, Catherine D: The Economic Effects of Vintage Differentiated Regulations: The Case of New Source Review, 2007

Bushnell, Jim B; Ishii, Jun: An Equilibrium Model of Investment in Restructured Electricity Markets, 2007

Bushnell, Jim B; Wolfram, Catherine D: The Guy at the Controls: Labor Quality and Power Plant Efficiency, 2007

Bushnell, Jim B: The Implementation of California AB 32 and its Impact on Wholesale Electricity Markets, 2007

Deschênes, Olivier; Greenstone, Michael: Climate Change, Mortality, and Adaptation: Evidence from Annual Fluctuations in Weather in the US, 2007

Deschenes, Olivier; Greenstone, Michael: The Economic Impacts of Climate Change: Evidence from Agricultural Profits and Random Fluctuations in Weather, 2007

Fowlie, Meredith: Incomplete Environmental Regulation, Imperfect Competition, and Emissions Leakage, 2007

Green, Richard; Le Coq, Chloe: The Length of Contracts and Collusion, 2007

Harris, Jeffrey; Diamond, Rick; Iyer, Maithili; Payne, Christopher; Blumstein, Carl; Siderius, Hans-Paul: Towards a Sustainable Energy Balance: Progressive Efficiency and the Return of Energy Conservation, 2007

Holland, Stephen P.; Knittel, Christopher R; Hughes, Jonathan E.: Greenhouse Gas Reductions Under Low Carbon Fuel Standards?, 2007

Hughes, Jonathan; Knittel, Christopher R; Sperling, Dan: Evidence of a Shift in the Short-Run Price Elasticity of Gasoline Demand, 2007

KELLOGG, RYAN M; Wolff, Hendrik: Does Extending Daylight Saving Time Save Energy? Evidence from an Australian Experiment, 2007

KELLOGG, RYAN M: Learning by Drilling: Inter-Firm Learning and Relationship Persistence in the Texas Oilpatch, 2007

Keohane, Nathaniel O.; Mansur, Erin T; Voynov, Andrey: Averting Enforcement: Strategic Response to the Threat of Environmental Regulation, 2007

Le Coq, Chloe: Index Contracts and Spot Market Competition, 2007

Letzler, Robert: Applying Psychology to Economic Policy Design: Using Incentive Preserving Rebates to Increase Acceptance of Critical Peak Electricity Pricing, 2007

Phadke, Amol: Feasibility of Wholesale Electricity Competition in a Developing Country: Insights from Simulating a Market in Maharashtra State, India, 2007

Shanefelter, Jennifer Kaiser: Restructuring, Ownership and Efficiency: The Case of Labor in Electricity Generation, 2007

Wolak, Frank A.: Residential Customer Response to Real-time Pricing: The Anaheim Critical Peak Pricing Experiment, 2007

Willems, Bert: Virtual Divestitures, Will They Make A Difference?: Cournot Competition, Options Markets and Efficiency, 2006

Borenstein, Severin: The Long-Run Efficiency of Real-Time Electricity Pricing, 2005

Borenstein, Severin; Bushnell, Jim: Retail Policies and Competition in the Gasoline Industry, 2005

Borenstein, Severin: Valuing the Time-Varying Electricity Production of Solar Photovoltaic Cells, 2005

Borenstein, Severin: Wealth Transfers from Implementing Real-Time Retail Electricity Pricing, 2005

Bushnell, James: Electricity Resource Adequacy: Matching Policies and Goals, 2005

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