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. This analysis will compare and contrast different potential policy responses to expanded wind generation. We will also be developing methodology for the simulation and analysis of long-run effects (including investment) of wind expansion, taking into account market power, congestion and forward transactions. Our research is expected to contribute to the design of markets to facilitate wind integration in many jurisdictions.
Addressing the Paris Climate Accord Goals (Keynote), Government of Japan
Conference/Workshop
Carbon pricing with an output subsidy under imperfect competition: The case of Alberta's restructured electricity market
Conference/Workshop
Economic Society of Northern Alberta Annual Economic Outlook Conference
Conference/Workshop
Harvard Workshop on Capacity Markets and Renewables
Conference/Workshop
Renewable Energy and Electricity Markets
Conference/Workshop
The Effect of Default Rates on Retail Competition and Pricing Decisions of Competitive Retailers: The Case of Alberta
Conference/Workshop
University of Alberta’s 3rd Annual Energy Summit
Conference/Workshop
University of Alberta’s Business School Energy and the Environment Conference
Conference/Workshop
Workshop on Carbon Pricing and Renewables (Keynote), Waseda University Japan
Conference/Workshop
Analyzing Electricity Market Structure Changes and Mergers: The Importance of Forward Commitments
Scholarly Refereed Journal
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
Scholarly Refereed Journal
Carbon pricing with an output subsidy under imperfect competition: The case of Alberta's restructured electricity market
Scholarly Refereed Journal
Electricity markets in transition: Market distortions associated with retail price controls
Scholarly Refereed Journal
Information and Transparency in Wholesale Electricity Markets
Scholarly Refereed Journal
Measuring market power and the efficiency of Alberta's restructured electricity market: An energy‐only market design
Scholarly Refereed Journal
Renewable Compensation Policies, Market Competition, and Forward Contracting
Scholarly Refereed Journal
Strategic Timing of Outages on coal Power Plants under Virtual Divestiture: The Case of Alberta's Electricity Market
Research Report
The effect of default rates on retail competition and pricing decisions of competitive retailers: The case of Alberta
Scholarly Refereed Journal