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It has only been over the past decade that key technologies advanced sufficiently to enable the development of viable electric vehicles. This article explores the remaining barriers, the cost trajectory for electric vehicles and for conventional vehicles, differentiating and unique features of electric drive, and the lowered barriers to entry for new firms created by electric powertrains.
Restructured energy markets present opportunities for the exercise of market power. It is instructive to simulate the restructured ERCOT market as a non-collusive oligopoly, comparing price and profits of the participants assuming that the three largest incumbents behave competitively to the case where they behave as non-collusive oligopolists, and taking into account proposed new generation and new...
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