Market Design for Increased Wind Generation

This project will address challenges to market design and rules presented by the expansion of wind generation capacity. In this project we will be simulating and analyzing the short-run impacts of expanded wind generation on market outcomes in Alberta, including prices and emissions. The project will consider wholesale spot markets for electricity, as well as forward, retail, and ancillary services markets. This analysis will compare and contrast different potential policy responses to expanded wind generation. The project will also examine, through theoretic and simulation models, the incentives for investment in wind generation and the effects of policies on this investment. Our research will take into account market power, the role of market transparency, and congestion. Our research is expected to contribute to the design of markets to facilitate wind integration in many jurisdictions. 

Research Award - Assistant Professors

David P Brown

Award

Why are Power Prices so Darn High?

Andrew L. Eckert, David P Brown, Blake Shaffer

Report, brief, and other forms of grey literature

"Imperfect competition in electricity markets with renewable generation: The role of renewable compensation policies

Andrew L. Eckert, David P Brown

Conference/Symposium/Workshop Contribution

ASSA Annual Conference

David P Brown, Lucija A Muehlenbachs

Conference/Symposium/Workshop Contribution

Addressing the Paris Climate Accord Goals (Keynote), Government of Japan

David P Brown

Conference/Symposium/Workshop Contribution

Analyzing Electricity Market Structure Changes and Mergers: The Importance of Forward Commitments

Andrew L. Eckert, David P Brown

Scholarly Refereed Journal

Analyzing firm behavior in restructured electricity markets: Empirical challenges with a residual demand analysis

Andrew L. Eckert, David P Brown

Scholarly Refereed Journal

Analyzing the Effects of Increased Wind Generation Capacity in Alberta’s Electricity Market: The Role of Firm-Ownership

Boris Edgardo Ortega Moreno

Conference/Symposium/Workshop Contribution

Capacity Market Design: Motivation and Challenges in Alberta’s Electricity Market

David P Brown

Article in professional or trade journals

Capacity Payment Mechanisms and Investment Incentives in Restructured Electricity Markets

David P Brown

Scholarly Refereed Journal

Carbon pricing with an output subsidy under imperfect competition: The case of Alberta's restructured electricity market

Andrew L. Eckert, David P Brown

Scholarly Refereed Journal

Carbon pricing with an output subsidy under imperfect competition: The case of Alberta's restructured electricity market

Andrew L. Eckert, David P Brown

Conference/Symposium/Workshop Contribution

DER Integration Panel at the Workshop on the Economics of Electricity Policy and Markets

David P Brown

Conference/Symposium/Workshop Contribution

Distributed energy resources, resiliency, and reliability.

David P Brown

Conference/Symposium/Workshop Contribution

Do Gentailers Charge Higher Residential Electricity Prices in the Texas Retail Electricity Market?

David P Brown

Scholarly Refereed Journal

Does Locational Marginal Pricing Impact Generation Capacity Investment Location Decisions? An Analysis of Texas’s Electricity Market

David P Brown

Scholarly Refereed Journal

Does locational marginal pricing impact generation investment location decisions? An analysis of Texas’s wholesale electricity market

David P Brown

Conference/Symposium/Workshop Contribution

Electricity markets in transition: Market distortions associated with retail price controls

Andrew L. Eckert, David P Brown

Scholarly Refereed Journal

Ergs and Equilibrium - the Value of Electricity Reliability: Evidence from Battery Adoption

David P Brown, Lucija A Muehlenbachs

Podcast

Evaluating the Impact of Divestitures on Competition: Evidence from Alberta's Wholesale Electricity Market

Andrew L. Eckert, David P Brown, Blake Shaffer

Scholarly Refereed Journal

Future of Alberta's Electricity Market

David P Brown

Conference/Symposium/Workshop Contribution

Harvard Workshop on Capacity Markets and Renewables

David P Brown

Conference/Symposium/Workshop Contribution

INFORMS Conference - Load-Following Forward Contracts

David P Brown

Conference/Symposium/Workshop Contribution

Imperfect Competition in Electricity Markets with Renewable Generation: The Role of Renewable Compensation Policies

Andrew L. Eckert, David P Brown

Scholarly Refereed Journal

Imperfect competition in electricity markets with renewable generation: The role of renewable compensation policies

Andrew L. Eckert, David P Brown

Conference/Symposium/Workshop Contribution

Information and Transparency in Wholesale Electricity Markets

Andrew L. Eckert, David P Brown

Scholarly Refereed Journal

Information and Transparency in Wholesale Electricity Markets: Evidence from Alberta

Andrew L. Eckert, David P Brown

Conference/Symposium/Workshop Contribution

Information and Transparency in Wholesale Electricity Markets: Evidence from Alberta

Andrew L. Eckert, David P Brown

Conference/Symposium/Workshop Contribution

Keynote Speaker - TAMIU Conference

David P Brown

Conference/Symposium/Workshop Contribution

Lessons from Texas' Electricity Outages

David P Brown

Other Event

Measuring market power and the efficiency of Alberta's restructured electricity market: An energy‐only market design

David P Brown

Scholarly Refereed Journal

Motivating Efficient Market Participation of Energy Storage Assets

David P Brown

Scholarly Refereed Journal

New Frontiers in Electricity Market Regulation

David P Brown

Conference/Symposium/Workshop Contribution

Pricing Patterns in Wholesale Electricity Markets: Unilateral Market Power or Coordinated Behavior?

Andrew L. Eckert, David P Brown

Conference/Symposium/Workshop Contribution

Pricing Patterns in Wholesale Electricity Markets: Unilateral Market Power or Coordinated Behavior?

Andrew L. Eckert, David P Brown

Conference/Symposium/Workshop Contribution

Pricing Patterns in Wholesale Electricity Markets: Unilateral Market Power or Coordinated Behavior?

Andrew L. Eckert, David P Brown

Conference Proceedings

Pricing Patterns in Wholesale Electricity Markets: Unilateral Market Power or Coordinated Behavior?

Andrew L. Eckert, David P Brown

Scholarly Refereed Journal

Procurement Auctions for Regulated Retail Service Contracts in Restructured Electricity Markets

Andrew L. Eckert, David P Brown

Article in professional or trade journals

Renewable Energy and Electricity Markets

Andrew L. Eckert, David P Brown

Conference/Symposium/Workshop Contribution

Residential Electricity Pricing in Texas's Competitive Retail Market

David P Brown

Scholarly Refereed Journal

Retail Rate Design in the Face of Growing Distributed Energy Resources

David P Brown

Conference/Symposium/Workshop Contribution

Sloan Foundation, DER Integration

David P Brown

Conference/Symposium/Workshop Contribution

Socioeconomic and Demographic Disparities in Residential Battery Storage Adoption

David P Brown

Scholarly Refereed Journal

Strategic Interaction of Wholesale Market Power and Ancillary Service Markets

Andrew L. Eckert, David P Brown, Douglas Silvieira

Scholarly Refereed Journal

The Effect of Default Rates on Retail Competition and Pricing Decisions of Competitive Retailers: The Case of Alberta

Andrew L. Eckert, David P Brown

Conference/Symposium/Workshop Contribution

The Impact of Load-Following Forward Contracts

David P Brown

Scholarly Refereed Journal

The Value of Electricity Reliability: Evidence from Battery Adoption

David P Brown, Lucija A Muehlenbachs

Scholarly Refereed Journal

The Value of Electricity Reliability: Evidence from Battery Adoption

David P Brown

Conference/Symposium/Workshop Contribution

The Value of Electricity Reliability: Evidence from Battery Adoption

David P Brown, Lucija A Muehlenbachs

Conference/Symposium/Workshop Contribution

The Value of Electricity Reliability: Evidence from Battery Adoption

David P Brown, Lucija A Muehlenbachs

Conference/Symposium/Workshop Contribution

The Value of Electricity Reliability: Evidence from Battery Adoption

David P Brown, Lucija A Muehlenbachs

Conference/Symposium/Workshop Contribution

The effect of default rates on retail competition and pricing decisions of competitive retailers: The case of Alberta

Andrew L. Eckert, David P Brown

Scholarly Refereed Journal

The future of Alberta's electricity market with a growing penetration of renewable generation capacity

David P Brown

Conference/Symposium/Workshop Contribution

University of Alberta’s Business School Energy and the Environment Conference

David P Brown

Conference/Symposium/Workshop Contribution

Vertical Integration and Capacity Investment in the Electricity Sector

David P Brown

Scholarly Refereed Journal

Workshop on Carbon Pricing and Renewables (Keynote), Waseda University Japan

David P Brown

Conference/Symposium/Workshop Contribution