Abstract:Over the last fifteen years, an increasing number of electricity industries have replaced vertical integration with markets as the main method of organising production. Electrical energy is traded in many European and US markets, while the US also has markets for generating capacity. US generators can reduce the cost of complying with environmental regulations by trading emissions of sulphur dioxide, while Europe has just started a carbon dioxide emissions trading scheme. This article discusses the way in whic… Show more
scite is a Brooklyn-based startup that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.