Article ID Journal Published Year Pages File Type
5001686 The Electricity Journal 2016 5 Pages PDF
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.
Related Topics
Physical Sciences and Engineering Energy Energy Engineering and Power Technology
Authors
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