This error is really driving me crazy. (Terminal running in administrator mode)
Initialization of azure storage emulator in sql server 2014:
C:\\Prog
I had same issue since I had to rejoin my machine to the domain and the user profile got recreated. I noticed that it was starting with option -inprocess from elevated cmd. Then I realized that it has to do with urlac and I solved deleting old ones with following commands:
(from elevated cmd)
netsh http delete urlacl url=http://127.0.0.1:10000/
netsh http delete urlacl url=http://127.0.0.1:10001/
netsh http delete urlacl url=http://127.0.0.1:10002/
After that simply start as usual, the tool will recreate what necessary. Now I can use it without elevation.