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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 51 - 94.

Bushnell, James: Oligopoly Equilibria in Electricity Contract Markets, 2005

Bushnell, James B.; Wolfram, Catherine: Ownership Change, Incentives and Plant Efficiency: The Divestiture of U.S. Electric Generation Plants, 2005

Cullen, Julie Berry; Friedberg, Leora; Wolfram, Catherine: Do Households Smooth Small Consumption Shocks? Evidence from Anticipated and Unanticipated Variation in Home Energy Costs, 2005

Fowlie, Meredith: Emissions Trading, Electricity Industry Restructuring, and Investment in Pollution Abatement, 2005

Holland, Stephen P.; MANSUR, ERIN T: The Distributional and Environmental Effects of Time-Varying Prices in Competitive Electricity Markets, 2005

Pepermans, Guido; Willems, Bert: Ramsey Pricing in a Congested Network with Market Power in Generation: A Numerical Illustration for Belgium, 2005

Willems, Bert: Cournot Competition, Financial Option Markets, and Efficiency, 2005

Borenstein, Severin; Bushnell, James; Knittel, Christopher R.; Wolfram, Catherine: Inefficiencies and Market Power in Financial Arbitrage: A Study of California's Electricity Markets, 2004

Borenstein, Severin; Bushnell, James; Lewis, Matthew: Market Power in California's Gasoline Market, 2004

Bushnell, James; Mansur, Erin T.; Saravia, Celeste: Market Structure and Competition: A Cross-Market Analysis of U.S. Electricity Deregulation, 2004

Busse, Meghan R.; Keohane, Nathaniel O.: Market Effects of Environmental Regulation: Coal, Railroads and the 1990 Clean Air Act, 2004

Creti, Anna; Fabra, Natalia: Capacity Markets for Electricity, 2004

Fabra, Natalia; von der Fehr, Nils-Henrik; Harbord, David: Designing Electricity Auctions, 2004

Fabrizio, Kira; Rose, Nancy; Wolfram, Catherine: Has Restructuring Improved Operating Efficiency at U.S. Electricity Generating Plants?, 2004

Holland, Stephen P.; Mansur, Erin T.: Is Real-Time Pricing Green?: The Environmental Impacts of Electricity Demand Variance, 2004

Hortacsu, Ali; Puller, Steven L.: Testing Strategic Models of Firm Behavior in Restructured Electricity Markets: A Case Study of ERCOT, 2004

Ishii, Jun; Yan, Jingming: Investment under Regulatory Uncertainty: U.S. Electricity Generation Investment Since 1996, 2004

Ishii, Jun: Technology Adoption and Regulatory Regimes: Gas Turbines Electricity Generators from 1980 to 2001, 2004

Joskow, Paul; Tirole, Jean: Reliability and Competitive Electricity Markets, 2004

Joskow, Paul; Tirole, Jean: Retail Electricity Competition, 2004

Kim, Dae-Wook; Knittel, Christopher R.: Biases in Static Oligopoly Models?: Evidence from the California Electricity Market, 2004

Waddams Price, Catherine: Spoilt for Choice? The Costs and Benefits of Opening UK Residential Markets, 2004

Wolak, Frank: Lessons from International Experience with Electricity Market Monitoring, 2004

Blumstein, Carl; Goldman, Charles; Barbose, Galen: Who Should Administer Energy-Efficiency Programs?, 2003

Borenstein, Severin; Holland, Stephen P.: On the Efficiency of Competitive Electricity Markets With Time-Invariant Retail Prices, 2003

Bushnell, James: California's Electricity Crisis: A Market Apart?, 2003

Bushnell, Jim: Looking for Trouble: Competition Policy in the U.S. Electricity Industry, 2003

Giulietti, Monica; Waddams Price, Catherine; Waterson, Michael: Consumer Choice and Industrial Policy: a Study of UK Energy Markets, 2003

Ishii, Jun: From Investor-owned Utility to Independent Power Producer, 2003

Ishii, Jun; Yan, Jingming: The 'Make or Buy' Decision in U.S. Electricity Generation Investments, 2003

Kahn, Shulamit; Knittel, Christopher R.: The Impact of the Clean Air Act Amendments of 1990 on Electric Utilities and Coal Mines: Evidence from the Stock Market, 2003

Kolstad, Jonathan; Wolak, Frank: Using Environmental Emissions Permit Prices to Raise Electricity Prices: Evidence from the California Electricity Market, 2003

Lewis, Matt: Asymmetric Price Adjustment and Consumer Search: An Examination of the Retail Gasoline Market, 2003

Mansur, Erin T.: Vertical Integration in Restructured Electricity Markets: Measuring Market Efficiency and Firm Conduct, 2003

Saravia, Celeste: Speculative Trading and Market Performance: The Effect of Arbitrageurs on Efficiency and Market Power in the New York Electricity Market, 2003

Wolak, Frank: Lessons from the California Electricity Crisis, 2003

Wolak, Frank: Measuring Unilateral Market Power in Wholesale Electricity Markets: The California Market 1998 - 2000, 2003

Wolfram, Catherine: The Efficiency of Electricity Generation in the U.S. After Restructuring, 2003

Baldick, Ross: Variation of Distribution Factors with Loading, 2002

Blumstein, Carl; Friedman, Lee S.; Green, Richard: The History of Electricity Restructuring in California, 2002

Borenstein, Severin; Jaske, Michael; Rosenfeld, Arthur: Dynamic Pricing, Advanced Metering, and Demand Response in Electricity Markets, 2002

Borenstein, Severin; Holland, Stephen P.: Investment Efficiency in Competitive Electricity Markets With and Without Time-Varying Retail Prices, 2002

Borenstein, Severin; Bushnell, Jim; Wolak, Frank A.: Measuring Market Inefficiencies in California's Restructured Wholesale Electricity Market, 2002

Bushnell, Jim; Saravia, Celeste: An Empirical Assessment of the Competitiveness of the New England Electricity Market, 2002

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