E. Lipman, Timothy, Edwards, Jennifer L. and Kammen, Daniel M. “Economic Implications of Net Metering for Stationary and Motor Vehicle Fuel Cell Systems in California” (February 2002) | WP-92

Kamat, Rajnish and Oren, Shmuel S. “Two-Settlement Systems for Electricity Markets: Zonal Aggregation Under Network Uncertainty and Market Power,” (February 2002) | WP-91

J. Day, Christopher, Hobbs, Benjamin F., and Pang, Jong-Shi “Oligopolistic Competition in Power Networks: A Conjectured Supply Function Approach,” (February 2002) | WP-90

Baldick, Ross and Hogan, William “Capacity Constrained Supply Function Equilibrium Models of Electricity Markets: Stability, Non-decreasing constraints, and Function Space Iterations,” (December 2001, Revised August 2002) | WP-89

Mansur, Erin T. “Environmental Regulation in Oligopoly Markets: A Study of Electricity Restructuring,” (November 2001) | WP-88

Knittel, Christopher R. and Roberts, Michael R. “An Empirical Examination of Deregulated Electricity Prices,” (October 2001) | WP-87

Borenstein, Severin, Bushnell, James, Knittel, Christopher R., and Wolfram, Catherine “Trading Inefficiencies in California’s Electricity Markets,” (October 2001) | WP-86

Jolanka V., Fisher, and Duane, Timothy P. “Trends in Electricity Consumption, Peak Demand, and Generating Capacity in California and the Western Grid 1977-2000,” (September 2001) | WP-85

Hastings, Justine and Gilbert, Richard “Vertical Integration in Gasoline Supply: An Empirical Test of Raising Rivals’ Costs,” (July 2001, Revised March 2002) | WP-84

Mansur, Erin T. “Pricing Behavior in the Initial Summer of the Restructured PJM Wholesale Electricity Market” (April 2001) | WP-83

Bushnell, James B. and Erin T. Mansur  “The Impact of Retail Rate Deregulation on Electricity Consumption in San Diego” (April 2001) | WP-82

Borenstein, Severin “The Trouble With Electricity Markets and California’s Electricity Restructuring Disaster” (September 2001) (Revised version published in Journal of Economic Perspectives, Winter, 2002) | WP-81

Puller, Steven L. “Pricing and Firm Conduct in California’s Deregulated Electricity Market” (July 2001) | WP-80

PWP-079 Stoft, Steven, “Soft Price Caps and Underscheduling Penalties: How Would the FERC Plan Affect California Electricity Markets?” (November 2000)

PWP-078 Baldick, Ross, Ryan Grant, and Edward Kahn, “Linear Supply Function Equilibrium: Generalizations, Application, and Limitations” (August 2000)

PWP-077 Stoft, Steven,. “PJM’s Capacity Market in a Price-Spike World” (May 2000)

PWP-076 Oren, Shmuel S. and Andrew M. Ross, “Economic Congestion Relief Across Multiple Regions Requires Tradable Physical Flow-gate Rights” (May 2000)

PWP-075 Hastings, Justine, “Vertical Relationships and Competition in Retail Gasoline Markets: Empirical Evidence from Contract Changes in Southern California” (November 2000, Revised April 2002)

PWP-074 Borenstein, Severin and James B. Bushnell, “Electricity Restructuring: Deregulation or Reregulation?” (February 2000) (Revised version published in Regulation, 2000, Vol. 23(2))

PWP-073 Deng, Shijie, “Stochastic Models of Energy Commodity Prices and Their Applications: Mean-reversion with Jumps and Spikes” (February 2000)

PWP-072 Deng, Shijie and Shmuel S. Oren, “Priority Network Access Pricing for Electric Power” (February 2000)

PWP-071 Kamat, Rajnish and Shmuel S. Oren, “Exotic Options for Interruptible Electricity Supply Contracts” (February 2000)

PWP-070 Bushnell, James B. and Frank A. Wolak, “Regulation and the Leverage of Local Market Power in the California Electricity Market” (September 1999)

PWP-069 Wolfram, Catherine D., “Electricity Markets: Should the Rest of the World Adopt the UK Reforms?” (September 1999) (Revised version published in Regulation, 1999, Vol. 22(4), pp. 48-53)

PWP-068 Knittel, Christopher R., “Does Incentive Regulation Provide the Correct Incentives?: Stochastic Frontier Evidence from the US Electricity Industry” (September 1999) (Revised version published in Review of Economics and Statistics, August 2002)

PWP-067 Borenstein, Severin, “Understanding Competitive Pricing and Market Power in Wholesale Electricity Markets” (August 1999) (Revised version published in Electricity Journal, July 2000)

PWP-066 Blumstein, Carl, “Pricing Electricity for Default Customers: Pass Through or Performance-Based Rates?” (August 1999)

PWP-065 Knittel, Christopher R. “Regulatory Imperfections in the Electricity and Natural Gas Industries: Evidence from the Pricing and Investment Decisions of Single and Multi-Product Electricity Firms,” (July 1999) (Revised version published in Journal of Industrial Economics, forthcoming)

PWP-064 Borenstein, Severin, James Bushnell, and Frank Wolak, “Diagnosing Market Power in California’s Deregulated Wholesale Electricity Market” (Revised August 2000) (Revised version published in American Economic Review, December 2002)

PWP-063 Johnsen, Tor Arnt, Shashi Kant Verma, and Catherine Wolfram, “Zonal Pricing and Demand-Side Bidding in the Norwegian Electricity Market,” (June 1999)

PWP-062 Bushnell, James, “Transmission Rights and Market Power,” (November 1998) (Revised version published in Electricity Journal, October 1999)

PWP-061 McGuire, Bart, “Power-Grid Decentralization,” (March 1999)

PWP-060 Green, Richard, “England and Wales – A Competitive Electricity Market?” (September 1998)

PWP-059 Borenstein, Severin, James Bushnell, and Christopher R. Knittel, “Market Power in Electricity Markets: Beyond Concentration Measures,” (Revised January 1999) (Revised version published in Energy Journal , 20(4): October 1999, pages 65-88)

PWP-058 Green, Richard, “Electricity Transmission Pricing: How much does it cost to get it wrong?” (May 1998)

PWP-057 Green, Richard and Tanga McDaniel, “Competition in Electricity Supply: Will “1998” Be Worth It?” (April 1998) (Revised version published in Fiscal Studies, 19(3): August 1998, pp. 273-293)

PWP-056 Bushnell, James, “Water and Power: Hydroelectric Resources in the Era of Competition in the Western U.S.,” (Revised July 1998) (Revised version published in Operations Research, Jan/Feb 2003)

PWP-055 Stoft, Steven, “Fewer Prices than Zones,” (February 1998) (Revised version appeared as “Congestion Pricing with Fewer Prices than Zones” in Electricity Journal, 11(4): May 1998, pp.23-31)

PWP-054 McGuire, Bart, “Power Auctions and Intertemporal Production Costs: Dealing with Unit Commitment,” (October 1997)

PWP-053 Elmaghraby, W.J., “Multi-Unit Auctions with Complementarities: Issues of Efficiency in Electricity Auctions,” (Revised April 1998) (Revised version published in Operations Research, Forthcoming)

PWP-052 Bergara, M.E., Henisz, W.T. andSpiller, P.T., “Political Institutions and Electric Utility Investment: A Cross-Nation Analysis,” (September 1997) (Revised version published in California Management Review , 40(2): Winter 1998, pages 18-35)

PWP-051 Wolak, F.A., “Market Design and Price Behavior in Restructured Electricity Markets: An International Comparison,” (August 1997)

PWP-050 McGuire, B., “Optimal Power Flow, Node Prices, and Transmission Toll in a Number of Instructive Examples,” (June 1997)

PWP-049 Stoft, S., “How Financial Transmission Rights Curb Market Power,” (June 1997) (Revised version appeared as “Financial Transmission Rights Meet Cournot: How TCCs Curb Market Power” in Energy Journal, 20(1): 1999, pp. 1-23)

PWP-048 Knittel, C.R., “The Origins of State Electricity Regulation: Revisiting an Unsettled Topic,” (Revised November 1999)

PWP-047 Wolak, F.A. and Patrick, R.H., “The Impact of Market Rules and Market Structure on the Price Determination Process in the England and Wales Electricity Market,” (April 1997)

PWP-046 Tseng, C., Li, C. and Oren, S., “Solving Unit Commitment by a Unit Decommitment Method,” (February 1997)

PWP-045 McGuire, B., “Price Driven Coordination in a Lossy Power Grid,” (February 1997)

PWP-044 Borenstein, S. and Bushnell, J., “An Empirical Analysis of the Potential for Market Power in California’s Electricity Industry” (Revised December1998) (Revised version published in the Journal of Industrial Economics , Spetember 1999, 47(3)

PWP-043 Bergara, M.E. and Spiller, P.T., “The Introduction of Direct Access in New Zealand’s Electricity Market,” (November 1996) (Revised version published in Utilities Policy, 6(2): 1997, pages 97-105)

PWP-042 Stoft, S., “An Analysis of the California WEPEX Applications to the FERC,” (October 1996)

PWP-041 Oren, S.S., “Preemption of TCCs and Deadweight Loss in Centrally Dispatched Electric Systems with Competitive Generation,” (September 1996) (Revised version appeared as “Economic Inefficiency of Passive Transmission Rights in Congested Electricity Systems with Competitive Generation” in Energy Journal, 18(1): 1997, pp. 63-83)

PWP-040 Borenstein, S., Bushnell, J. and Stoft, S., “The Competitive Effects of Transmission Capacity in a Deregulated Electricity Industry,” (October 1998, Revised October 1999) (Revised version published in Rand Journal of Economics, Summer 2000)

PWP-039 Johnson, R. B., Oren, S.S. and Svoboda, A.J., “Equity and Efficiency of Unit Commitment in Competitive Electricity Markets,” (June 1996) (Revised version published in Utilities Policy, 6(1): 1997, pp. 9-19)

PWP-038 Kahn, E., Bailey, S. and Pando, L., “Simulating Electricity Restructuring in California: Interactions with the Regional Market,” (April 1996) (Revised version published in Resource and Energy Economics, 19(1-2): March 1997, pp. 3-28)

PWP-037 Borenstein, S. and Shepard, A., “Sticky Prices, Inventories, and Market Power in Wholesale Gasoline Markets,” (February 1996, Revised August 2000) (Revised version published in Rand Journal of Economics, Spring 2002)

PWP-036 Borenstein, S., Bushnell, J., Kahn, E. and Stoft, S., “Market Power in California Electricity Markets,” (December 1995) (Revised version published in Utilities Policy, 5(3-4): 1995, pages 219-236)

PWP-035 Baldick, R. and Kahn, E., “Contract Paths, Phase Shifters, and Efficient Electricity Trade,” (October 1995) (Revised version published in IEEE Transactions on Power Systems, 12(2): May 1997, pages 749-755)

PWP-034 Bushnell, J. and Stoft, S., “Electric Grid Investment Under a Contract Network Regime,” (August 1995) (Revised version published in Journal of Regulatory Economics, 10(1): July 1996, pages 61-79)

PWP-033 White, M., “Valuing Market Trading Mechanisms: Evidence from Electricity Markets,” (July 1995)

PWP-032 Kahn, E., “The Electricity Industry in Spain,” (July 1995) (Revised version published in Electricity Journal, 9(2): March 1996, pp. 46-55

PWP-031 Wu, F. and Varaiya, P., “Coordinated Multilateral Trades for Electric Power Networks: Theory and Implementation,” (June 1995)

PWP-030 Bushnell, J.and Stoft, S., “Transmission and Generation Investment in a Competitive Electric Power Industry” (May 1995), (Revised version appeared as “Improving Private Incentives for Electric Grid Investment” in Resource and Energy Economics, 19(1-2): March 1997, pp. 85-108.)

PWP-029 Blumstein, C. and Stoft, S., “Technical Efficiency, Production Functions and Conservation Supply Curves,” (April 1995) (Revised version published in Energy Policy, 23(9): September 1995, pages 765-768)

PWP-028 Stoft, S., “The Economics of Conserved-Energy ‘Supply’ Curves,” (April 1995) (Revised version published in Energy Journal, 16(4): May 1995, pages 109-137)

PWP-027 Blumstein, C., Sanstad, A. and Stoft, S., “How High Are Option Values In Energy-Efficiency Investments?” (March 1995) (Revised version published in Energy Policy, 23(9): September 1995, pages 739-743)

PWP-026 Bushnell, J., Kahn, E. and Outhred, H., “California Energy Commission – Bulk Power Market Study,” (February 1995)

PWP-025 Oren, S., Spiller, P., Varaiya, P., and Wu, F., “Nodal Prices and Transmission Rights: A Critical Appraisal” (December 1994) (Revised version published in Electricity Journal, 8(3): April 1995, pages 24-35)

PWP-024 Spiller, P., “Implementing Transmission Open Access: with Special Emphasis on Chile’s Experience,” (November 1994) (Revised version published in Journal of Regulatory Economics, 10(1): July 1996, pages 5-23)

PWP-023 Oren, S., Spiller, P., Varaiya, P. and Wu, F., “Folk Theorems on Transmission Access: Proofs and Counter Examples,” (October 1994)

PWP-022 White, M., “Regulating Bypass,” (August 1994)

PWP-021 Bushnell, J.B. and Blumstein, C., “A Reader’s Guide to the Blue Book: Issues in California’s Electric Industry Restructuring and Regulatory Reform,” (June 1994) (Revised version published in Electricity Journal , 7(7): September 1994, pages 18-29)

PWP-020 Bushnell, J.B., Oren, S.S., “Incentive Effects of Environmental Adders in Electric Power Auctions,” (March 1994) (Revised version published in Electricity Journal, 15(3): 1994, pages 55-73)

PWP-019 Bushnell, J.B. and Friedman, E., “Linearly Exchangable Permits for the Efficient Control of Multiple Pollutants” (February 1994)

PWP-018 Mehrez, G. and Train, K., “Final Report: Optimal Time-of-Use Prices for Electricity,” (January 1994)

PWP-017 Mehrez, G. and Train, K., “Optional Time-of-Use Prices for Electricity: Econometric Analysis of Surplus and Pareto Impacts,” (December 1993) (Revised version published in Rand Journal of Economics, 25(2): Summer 1994, pages 263-283)

PWP-016 Oren, S.S. and Svoboda, A.J., “Integrating Price-Based Resources in Short-term Scheduling of Electric Power Systems,” (November 1993)

PWP-015 Kling, C. and Rubin, J., “An Emission Saved is an Emission Earned: An Empirical Study of Emission Banking” (October 1993) (Revised version published in Journal of Environmental Economics & Management , 25(3): November 1993, pages 257-274)

PWP-014 Kahn, E., “Regulation by Simulation: The Role of Production Cost Models in Electricity Planning and Pricing,” (June 1994, revised September 1993) (Revised version published in Operations Research, 43(3): May/June 1995, pages 388-398)

PWP-013 Gilbert, R.J. and Nagler, M.G., “Hazardous Terrain: The Use of Financial Indicators in Utility Regulation,” (August 1993)

PWP-012 Gilbert, R.J., Kahn, E. and White, M., “The Efficiency of Market Coordination: Evidence from Wholesale Electric Power Pools,” (June 1993) (Revised version published in Electricity Journal, October 1993, pp. 51-59)

PWP-011 Gilbert, R.J. and Kahn, E. “Competition and Institutional Change In U.S. Electric Power Regulation” (May 93) (Revised version published in Gilbert, Kahn, eds. International Comparisons of Electricity Regulation , New York: Cambridge University Press, 1996)

PWP-010 Borenstein, S. “Price Incentives for Fuel Switching: Did Price Differences Slow the Phase-Out of Leaded Gasoline?” (April 1993)

PWP-009 Blumstein, C., Harris, J.P., Millhone, J.P. and Rosenfeld, A.H., “Energy Efficiency RD&D: New Roles For States,” (March 1993) (Revised version published in Energy Policy, 21(12): December 1993, pages 1205-1216)

PWP-008 Gilbert, R.J. and Riordan, M.H., “Regulating Complementary Products: A Problem of Institutional Choice,” (February 1993) (Revised version published in Rand Journal of Economics, 26(2): Summer 1995, pages 243-256)

PWP-007 Borenstein, S. and Gilbert, R., “Uncle Sam at the Gas Pump: Causes and Consequences of Regulating Gasoline Distribution,” (January 1993) (Revised version published in Regulation, 16(2): 1993, pages 63-75)

PWP-006 Bushnell, J. and Oren, S.S., “Bidder Cost Revelation in Electric Power Auctions,” (December 1992) (Revised version published in Journal of Regulatory Economics, 6(1): February 1994, pages 5-26)

PWP-005 Gilbert, R.J. and Stoft, S., “A Review and Analysis of Electric Utility Conservation Incentives,” (November 1992) (Revised version published in Yale Journal on Regulation, 11(1): Winter 1994, pages 1-42)

PWP-004 Kahn, E.P., “Integrating Market Processes Into Utility Resource Planning,” (October 1992)

PWP-003 Brownstone, D. and Lave, C., “Transportation Energy Use,” (September 1992)

PWP-002 Lewis, T.R., “Designing Utility-Tailored Incentive Programs for Energy Efficiency and Conservation,” (September 1992)

PWP-001 Borenstein, S., Cameron, A.C., and Gilbert, R.J., “Do Gasoline Prices Response Asymmetrically to Crude Oil Price Changes?,” (June 1994) (Revised version published in Quarterly Journal of Economics, 112(1): February 1997, pages 305-339)