Question: Can someone please help with these question? 1)If the maximum price to be charged for electricity is fixed, say, by regulation, then how does a
Can someone please help with these question?
1)If the maximum price to be charged for electricity is fixed, say, by regulation, then how does a utility increase its profits?Where has this been shown to be a bad thing?!
2)What are the five general risks associated with all businesses?Of these, which ones can we address with energy trading schemes?
3)You want to build a natural gas fired power plant.How would you structure commodities trades in order to lock in your profit?
4)We discussed Bertrand Oligopoly vs Nash-Cournot Oligopoly during our review of interstate natural gas pipelines in Unsustainable.How would this analysis apply in our review of ERCOT and prices and costs?
5)What is the free rider problem that Nordhaus describes with respect to climate agreements?Would the US be considered a free rider because the US is the ONLY nation not to join the Paris agreements?Why?
6)Energy poverty describes the state of affairs for 1.0 billion people who do not have electricity and 2.0 billion who cook using "biomass."How would you value the development of effective electricity delivery to these populations?What is the cost/benefit analysis?
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