Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5001686 | The Electricity Journal | 2016 | 5 Pages |
Abstract
An examination of the effect of California's cap-and-trade program on wholesale electricity prices in the Western Interconnection finds that the CO2 price is fully captured by California electricity prices, but also by prices at the Mid-Columbia hub in the Pacific Northwest. This occurs because, under California rules, Northwest generators can export carbon-free hydroelectricity to California at premium prices.
Keywords
Related Topics
Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
A. Olson, C.K. Woo, N. Schlag, A. Ong,