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
Award
Why are Power Prices so Darn High?
Report, brief, and other forms of grey literature
"Imperfect competition in electricity markets with renewable generation: The role of renewable compensation policies
Conference/Symposium/Workshop Contribution
ASSA Annual Conference
Conference/Symposium/Workshop Contribution
Addressing the Paris Climate Accord Goals (Keynote), Government of Japan
Conference/Symposium/Workshop Contribution
Analyzing Electricity Market Structure Changes and Mergers: The Importance of Forward Commitments
Peer-Reviewed Journal Article
Analyzing firm behavior in restructured electricity markets: Empirical challenges with a residual demand analysis
Peer-Reviewed Journal Article
Analyzing the Effects of Increased Wind Generation Capacity in Alberta’s Electricity Market: The Role of Firm-Ownership
Conference/Symposium/Workshop Contribution
Capacity Market Design: Motivation and Challenges in Alberta’s Electricity Market
Article in professional or trade journals
Capacity Payment Mechanisms and Investment Incentives in Restructured Electricity Markets
Peer-Reviewed Journal Article
Carbon pricing with an output subsidy under imperfect competition: The case of Alberta's restructured electricity market
Peer-Reviewed Journal Article
Carbon pricing with an output subsidy under imperfect competition: The case of Alberta's restructured electricity market
Conference/Symposium/Workshop Contribution
DER Integration Panel at the Workshop on the Economics of Electricity Policy and Markets
Conference/Symposium/Workshop Contribution
Distributed energy resources, resiliency, and reliability.
Conference/Symposium/Workshop Contribution
Do Gentailers Charge Higher Residential Electricity Prices in the Texas Retail Electricity Market?
Peer-Reviewed Journal Article
Does Locational Marginal Pricing Impact Generation Capacity Investment Location Decisions? An Analysis of Texas’s Electricity Market
Peer-Reviewed Journal Article
Does locational marginal pricing impact generation investment location decisions? An analysis of Texas’s wholesale electricity market
Conference/Symposium/Workshop Contribution
Electricity markets in transition: Market distortions associated with retail price controls
Peer-Reviewed Journal Article
Ergs and Equilibrium - the Value of Electricity Reliability: Evidence from Battery Adoption
Podcast
Evaluating the Impact of Divestitures on Competition: Evidence from Alberta's Wholesale Electricity Market
Peer-Reviewed Journal Article
Future of Alberta's Electricity Market
Conference/Symposium/Workshop Contribution
Harvard Workshop on Capacity Markets and Renewables
Conference/Symposium/Workshop Contribution
INFORMS Conference - Load-Following Forward Contracts
Conference/Symposium/Workshop Contribution
Imperfect Competition in Electricity Markets with Renewable Generation: The Role of Renewable Compensation Policies
Peer-Reviewed Journal Article
Imperfect competition in electricity markets with renewable generation: The role of renewable compensation policies
Conference/Symposium/Workshop Contribution
Information and Transparency in Wholesale Electricity Markets
Peer-Reviewed Journal Article
Information and Transparency in Wholesale Electricity Markets: Evidence from Alberta
Conference/Symposium/Workshop Contribution
Information and Transparency in Wholesale Electricity Markets: Evidence from Alberta
Conference/Symposium/Workshop Contribution
Keynote Speaker - TAMIU Conference
Conference/Symposium/Workshop Contribution
Lessons from Texas' Electricity Outages
Other Event
Load-Following Forward Contracts
Peer-Reviewed Journal Article
Market Power and Alberta's Electricity Market Regulations
Conference/Symposium/Workshop Contribution
Measuring market power and the efficiency of Alberta's restructured electricity market: An energy‐only market design
Peer-Reviewed Journal Article
Motivating Efficient Market Participation of Energy Storage Assets
Peer-Reviewed Journal Article
New Frontiers in Electricity Market Regulation
Conference/Symposium/Workshop Contribution
Pricing Patterns in Wholesale Electricity Markets: Unilateral Market Power or Coordinated Behavior?
Conference/Symposium/Workshop Contribution
Pricing Patterns in Wholesale Electricity Markets: Unilateral Market Power or Coordinated Behavior?
Conference Proceedings
Pricing Patterns in Wholesale Electricity Markets: Unilateral Market Power or Coordinated Behavior?
Conference/Symposium/Workshop Contribution
Pricing Patterns in Wholesale Electricity Markets: Unilateral Market Power or Coordinated Behavior?
Peer-Reviewed Journal Article
Procurement auctions for regulated retail service contracts in restructured electricity markets
Peer-Reviewed Journal Article
Renewable Energy and Electricity Markets
Conference/Symposium/Workshop Contribution
Residential Electricity Pricing in Texas's Competitive Retail Market
Peer-Reviewed Journal Article
Retail Rate Design in the Face of Growing Distributed Energy Resources
Conference/Symposium/Workshop Contribution
Sloan Foundation, DER Integration
Conference/Symposium/Workshop Contribution
Socioeconomic and Demographic Disparities in Residential Battery Storage Adoption
Peer-Reviewed Journal Article
Strategic Interaction of Wholesale Market Power and Ancillary Service Markets
Peer-Reviewed Journal Article
The Effect of Default Rates on Retail Competition and Pricing Decisions of Competitive Retailers: The Case of Alberta
Conference/Symposium/Workshop Contribution
The Impact of Load-Following Forward Contracts
Peer-Reviewed Journal Article
The Value of Electricity Reliability: Evidence from Battery Adoption
Peer-Reviewed Journal Article
The Value of Electricity Reliability: Evidence from Battery Adoption
Conference/Symposium/Workshop Contribution
The Value of Electricity Reliability: Evidence from Battery Adoption
Conference/Symposium/Workshop Contribution
The Value of Electricity Reliability: Evidence from Battery Adoption
Conference/Symposium/Workshop Contribution
The Value of Electricity Reliability: Evidence from Battery Adoption
Conference/Symposium/Workshop Contribution
The effect of default rates on retail competition and pricing decisions of competitive retailers: The case of Alberta
Peer-Reviewed Journal Article
The future of Alberta's electricity market with a growing penetration of renewable generation capacity
Conference/Symposium/Workshop Contribution
University of Alberta’s Business School Energy and the Environment Conference
Conference/Symposium/Workshop Contribution
Vertical Integration and Capacity Investment in the Electricity Sector
Peer-Reviewed Journal Article
Workshop on Carbon Pricing and Renewables (Keynote), Waseda University Japan
Conference/Symposium/Workshop Contribution