Brown, Garry. Shale Shock: The Revolution in Shale Gas Recovery, Electricity Markets the Green Agenda. Presentation to the Harvard Electricity Policy Group's Fifty-Seventh Plenary Session. Austin, TX. December 10, 2009. 12 pages.
Zachmann, Georg and Christian von Hirschhausen. First Evidence of Asymmetric Cost Pass-through of EU Emissions Allowances: Examining Wholesale Electricity Prices in Germany. March 2007. Paper, 8 pages.
This paper applies the literature on asymmetric price transmission to the emerging commodity market for EU emissions allowances (EUA). We utilize an error correction model and an autoregressive distributed lag model to measure the relationship between CO2 price changes and the development of wholesale electricity prices. Using data from the German market for electricity and EUAs, we find that the rising prices of EUAs have a stronger impact on wholesale electricity prices than falling prices -- the first empirical evidence of asymmetric cost pass-through for these new allowances.
California Public Utilities Commission. Rulemaking on the Commission's Own Motion to Assess and Revise the Regulatory Structure Governing California's Natural Gas Industry. Filed Public Utilities Commission, January 21, 1998. San Francisco Office. R.98-01-011.
Florio, Michel. Growing need for flexibility starting 2015." Harvard Electricity Policy Group 70th Plenary Session, Dana Point, CA, March 7-8, 2013. 1 page.
