Tag: Research_Secondary

Effects of grid expansion on market power in the fossil fuel industry

In “Wiring America,” EPIcenter affiliate Gaurav Doshi analyzes how Texas’s CREZ high-capacity transmission build-out curbed the market power of fossil-fuel generators. Using a two-stage empirical strategy, the study first shows that CREZ reduced wind curtailment, adding roughly 0.11 GWh of additional wind during peak hours and 0.22 GWh at the off-peak – and then demonstrates […]

The effect of renewable electricity generation on the value of cross-border interconnection

In a world shifting toward renewable power generation, the way we connect our power grids may matter more than ever. Using data from 155 regions on five continents, this study authored by EPIcenter affiliate Constance Crozier shows that linking neighboring grids via high‐voltage direct current (HVDC) lines can replace—or drastically reduce—the need for expensive batteries. […]