Electricity Trading and Negative Prices: Storage vs. Disposal

Electricity Trading and Negative Prices: Storage vs. Disposal

Electricity cannot yet be stored on a large scale, but technological advances leading to cheaper and more efficient industrial batteries make grid-level storage of electricity surpluses a natural choice. Because electricity prices can be negative, it is unclear how the presence of negative prices might affect the storage policy structure known to be optimal when prices are only non-negative, or...

Can negative electricity prices encourage inefficient electrical energy storage devices?

Can negative electricity prices encourage inefficient electrical energy storage devices? Edward Barbour, Grant Wilson, Peter Hall & Jonathan Radcliffe To cite this article: Edward Barbour, Grant Wilson, Peter Hall & Jonathan Radcliffe (2014) Can negative electricity prices encourage inefficient electrical energy storage devices?, International Journal of Environmental Studies, 71:6, 862-876, DO...

Emissions trading : Impact on electricity prices and energy - intensive industries

Dynamic Trading and Asset Prices: Keynes vs. Hayek

We investigate the dynamics of prices, information and expectations in a competitive, noisy, dynamic asset pricing equilibrium model with long-term investors. We argue that the fact that prices can score worse or better than consensus opinion in predicting the fundamentals is a product of endogenous short-term speculation. For a given, positive level of residual payoff uncertainty, if noise tra...

Electricity Prices, Income and Residential Electricity Consumption

In recent years, aiming to reduce the Greenhouse Gas pollution and promote energy efficiency and conservation among consumers’ energy use, price policies and price changes derived from environmental regulations have played a more important role. In this paper, using the most recent annual state-level panel data for 48 states, I estimate a dynamic partial adjustment model for electricity demand ...