Frontier Associates LLC and University of Texas at Austin
Jay Zarnikau is a senior lecturer in the Department of Economics at The University of Texas, where he also received a Ph.D. degree. Jay formerly served as the Director of Electric Utility Regulation at the Public Utility Commission of Texas.
This paper uses hourly prices to study energy trading efficiency in ERCOT's electricity markets and proposes means to improve trading efficiency and investment inventive.
Estimating marginal effects of key factors that influence wholesale electricity demand and price distributions in Texas via quantile variable selection methods
Using a large data set from the Electric Reliability Council of Texas, this study uses quantile regressions and attendant variable selection methods to choose the most important factors that influence demand and price distributions; subsequently, the…
This paper explores determinants of day-ahead market prices for ancillary services and energy in the Electric Reliability Council of Texas (ERCOT).
Zonal merit-order effects of wind generation development on day-ahead and real-time electricity market prices in Texas
This paper uses a regression-based approach to explore the impact of wind generation development on wholesale electricity prices in the ERCOT market.
This paper explores the problem of insufficient investment incentives for natural gas-fired generation in the ERCOT.