Research Papers

Stranded Benefits
(Including Public Policy, Environment, DSM and IRP)

2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993


Holland, Stephen and Erin Mansur. The Short-Run Effects of Time-Varying Prices in Competitive Electricity Markets. May 2006. Working Paper, 35 pages.

Peevey, Michael. CPUC Climate Policies: Overview and Perspectives. 1 June 2006. Presentation, 15 pages.

Lee, Henry. Carbon Dioxide Emission Reductions: Implications for Future Electricity Process. 1 June 2006. Presentation, 16 pages.

Hertel, Michael. Carbon Dioxide Emissions Controls and Electricity Markets. 1 June 2006. Presentation, 13 pages.


Grueneich, Dian. Utility Procurement Under the California Renewables Portfolio Standard. 20 May 2005. Presentation, 14 pages.

Montgomery, David. Renewable Portfolio Standards: A Solution in Search of a Problem? 20 May 2005. Presentation, 12 pages.

Nogee, Alan. State Renewable Electricity Standards: Projections, Policy Details, & Experiences to Date. 20 May 2005. Presentation, 28 pages.

Smitherman, Barry. Development of Renewable Energy in Texas. 20 May 2005. Presentation, 11 pages.

Smith, Bruce. Revenue Sales Adjustments. 3 March 2005. Presentation, 6 pages.

Cavanagh, Ralph. Use of Automatic Rate True-Ups to Remove Disincentives to Utility Investments in Energy Efficiency: A Case Study. 3 March 2005. Presentation, 5 pages.
See also recommendation letter from Ralph Cavanagh of NRDC and David Owens of Edison Electric Institute to NARUC Commissioners regarding utilities' future role in "electric resource portfolio management."

Showalter, Marilyn. Revenue Caps, Price Caps, and Decoupling: Incentives for What? 3 March 2005. Presentation,
8 pages.

Brubaker, Maurice. Distribution Pricing: Do Revenue Caps Set Appropriate Incentives? Are they Fair to Consumers and Investors? 23 March 2005. Presentation, 17 pages.


Government Accountability Office (GAO). Electricity Markets: Consumers Could Benefit from Demand Programs, but Challenges Remain. August 2004. Report (GAO-04-844), 68 pages.

NRDC, PSEG and CERES. Benchmarking Air Emissions of the 100 Largest Electric Power Producers in the United States - 2002. 2004, in three parts.

Electric Power Supply Association. Getting the Best Deal for Electric Utility Customers: A Concise Guidebook for the Design, Implementation and Monitoring of Competitive Power Supply Solicitations. March 2004. 49 pages.

Mani, Shiv (ISO New England). For Want of a Nail? The Unrealized Potential of Focused Demand Response. 18 February 2004. Presentation, 21 pages.


Biewald, Bruce, et. al. (Synapse Energy Economics, Inc.). Portfolio Management: How to Procure Electricity Resources to Provide Reliable, Low-Cost, and Efficient Electricity Services to All Retail Customers. 10 October 2003. Paper, 124 pages.

Congressional Budget Office (US). Prospects for Distributed Electricity Generation. September 2003. A CBO Paper, 37 pages.

The Keystone Center. Keystone Dialogue on Global Climate Change: Final Report. May 2003. Paper, 85 pages.

Cassady, Alison, and Katherine Morrison (U.S. PIRG). Generating Solutions: How Clean, Renewable Energy is Boosting Local Economies And Saving Consumers Money. April 2003. Paper, 158 pages.

Tegen, Suzanne. Reading list for Research on Capacity Credit - Wind Energy. 27 March 2003. 2 pages.

Lee, Henry. Assessing the Challenges Confronting Distributive Electricity Generation. January 2003. Paper, 45 pages.

Moore, Curtis. Marketing Failure: The Experience with Air Pollution Trading in the United States. Draft. Copyright: Curtis A. Moore. January 2003. Paper, 149 pages.


Ruff, Larry. Economic Principles of Demand Response in Electricity. "Prepared by Larry Ruff for the Edison Electric Institute. The opinions and conclusions of the paper are those of the author alone." October 2002. Paper, 58 pages.

Minnesota Department of Commerce. Energy: Modern Technology: Wind. October 2002. Paper, 32 pages.


Holdren, John. Searching for a National Energy Policy: Is ANWR the Right Place to Look? March 2001. Paper, 9 pages.


PIRA. The Southern California RECLAIM Market: Outpacing the Possibilities. December 2000. Paper, 9 pages.

GPU. GPU Energy Voluntary Load Reduction Pilot: Summer 2000 Results and Future Implications. September 2000. Presentation, 17 pages.

Gilligan, Donald (NAESCO). Making DSM Real. Summer 2000. Presentation, 18 pages.


McVeigh, James, Dallas Burtraw, Joel Darmstadter and Karen Palmer. Winner, Loser, or Innocent Victim? Has Renewable Energy Performed as Expected? March 1999. Paper, 29 pages.


Wilson, Richard. Remembering How to Make Cheap Nuclear Electricity. Testimony to Hearing of Subcommittee on Energy and Water Development, United States Senate Committee on Appropriations. 19 May 1998.


Roy, Ellen. The Uniform Generation Performance Standard: Connecting Electric Industry Restructuring and Air Quality Improvement. 24 September 1997.

Anderson, Steven. U.S. Electricity Restructuring and Environmental Policy: A Survey of Opinions in the Environmental Community. 8 September 1997.

Codey, Larry. Are There Disparate Air Quality Standards and Are They Distorting Electricity Markets? 15 May 1997. Presentation, 15 pages.

Heydlauff, Dale. Are There Disparate Air Quality Standards and Are They Distorting Electricity Markets? 15 May 1997. Presentation, 12 pages.

EPA. Letter and Attachments to Congressman Markey re Environmental Effects of Electric Restructuring. 28 March 1997.

ICF Consulting Group (under the direction of the US EPA). New Report on Electricity Restructuring and the Environment. 20 February 1997.


Lee, Henry and Negeen Darani. Electricity Restructuring and the Environment. The Electricity Journal. December 1996.

Swierlinga, Robert. Presentation on FASB Standards. Draft. 13 June 1996.

Colton, Roger. Electric Competition and the Small User: A Guide for Cities, Consumers, and Low-Income Advocates. 23 May 1996.

Klein, Michael (World Bank). Private Sector Development Department: Competition in Network Industries. April 1996.

Fessler, Daniel. Is a Social Perspective Sustainable in the Changing Dynamic of the Electric Services Industry? Draft. 26 March 1996.

Palmer, Karen, and Dallas Burtraw (Resources for the Future). Electricity Restructuring and Regional Air Pollution. Discussiong Paper 96-17-REV. 1996.


Cavanagh, Ralph. Electricity Restructuring and Environmental Protection. Draft. 20 June 1995. Presentation.

Tonn, Bruce, Eric Hirst and Douglas Bauer. Public Policy Responsibilities in a Restructured Electricity Industry. Draft. June 1995.

Sabatino, Frank. Living With the Comparability Standard. Draft. 23 May 1995. Presentation.

Cavanagh, Ralph. Universal System Benefits Charges: The New Regulatory Imperative for Avoiding Stranded Benefits. 9 June 1995.

Cavanagh, Ralph. Usage-Based System Benefit Charges: The New Regulatory Imperative for Avoiding Stranded Benefits. Draft. 24 February 1995.

Kwoka, John, Jr. Public vs. Private Ownership and Economic Performance: Evidence from the US Electric Power Industry. Harvard Institute of Economic Research. February 1995.


Lee, Henry. Competition and Environmental Protection. Draft. October 1994. Presentation.

Brockway, Nancy (National Consumer Law Center). Energy Policy and the Poor: A Low-Income Advocate's Introduction to Electricity Industry Restructuring and Retail Wheeling. 27 June 1994.

Cohen, Armond and Steven Brick. Retail Wheeling and Industry Restructuring: Environmental Implications. 28 April 1994. Presentation

Hirst, Eric. Electric-Utility DSM Programs in a Competitive Market. April 1994.

ICF Consulting Group. Increased Competition in the US Electric Generation Sector Scoping Analysis of Potential Environmental Impacts EPA 353-104. Draft. March 1994.

Regulatory Assistance Project. IRP and Competition. February 1994. Issues Letter.

Schnitzer, Michael. A Competitive Electricity Market: Implications for Integrated Resource Planning. Draft.
13 January 1994. Presentation.


Joskow, Paul. Emerging Conflicts Between Competition, Conservation, and Environmental Policies in the Electric Power Industry. Draft. 29 April 1993.

Cavanagh, Ralph. Utilities and CO2 Emissions: Who Bears the Risks of Future Regulation? The Electricity Journal. March 1993.


Capacity Markets

Climate Change


Competitive Market Models and Transitions to Competition

Electric Storage

Demand Response

Demand Side Management/Conservation

Distributed Generation

EPAct and Predictions for the Future

FERC Rulings and Reports

Financial Markets

Financial Transmission Rights

Investment Incentives/Risk Allocation

Lessons from Abroad

Lessons from Other US Industries


Market Liquidity

Market "Manipulation"

Merchant Transmission

Mergers, Market Power and Anti-Trust

National Energy Policy

Natural Gas

Nuclear Power

PEV (Plug-in Electric Vehicles)

Public Power

Regional Transmission Organizations

Regulation, Governance and Judicial Review


Renewable Energy

Research and Development

Resource Adequacy

Retail Pricing

Scarcity Pricing


Smart Grid

Standard Market Design and Demand-Side Activities

State and Regional Activities


Stranded Benefits (Including Public Policy, Environment, DSM, IRP)

Stranded Investments, Assets, Costs (Including the Nuclear Question)

Transmission Cost Allocation

Technology Incentives

Transmission Investment

Transmission Planning

Wholesale and Retail Competition

Miscellaneous (Including Electricity Futures, Economic Principles, Financial Reform)