States in the Northeastern U.S. can transition to low-carbon electricity at a lower cost by using hydropower reservoirs in Quebec for energy storage according to a new CEEPR Working Paper.
Governments use procurement auctions for renewable energy support to stimulate investment in renewable energy. This Working Paper assesses the effect of prevalent auction design elements on effectiveness, using a unique dataset with results of auctions for renewable energy support from 1990 to 2017.
In this Working Paper, the researchers use causal forests to evaluate the heterogeneous treatment effects (TEs) of repeated behavioral nudges towards household energy conservation and find suggestive evidence of a “boomerang effect”: households with lower consumption than similar neighbors are the ones with positive TE estimates.
In this CEEPR Working Paper, the authors report results from a social comparison feedback experiment incentivizing a reduction of indoor temperatures during the heating season. Despite the fact that most study participants did not face direct financial benefits from lowering heating energy consumption, the results show a statistically significant treatment effect of -0.54°F (-1.2%).
The US solar industry typically uses a standard credit score as a factor in approving customers for new installations. The authors of this paper compare machine learning and econometric models to predict the probability of default to credit-score cutoffs.
For the eighth year in a row, MIT CEEPR has been ranked among the top ten energy policy think tanks in the world, according to the annual “Global Go To Think Tank Index Report."
MIT researchers review renewable energy and carbon pricing policies as states consider repealing or relaxing renewable portfolio standards.
To avoid the worst impacts of climate change, the world’s electric energy systems must stop producing carbon by 2050. “My work has shown me that we do have the means to tackle the problem..."
CEEPR faculty members Paul Joskow, David Keith, Christopher Knittel and Jessika Trancik participated in a recent MIT symposium titled “Decarbonizing the Electricity Sector."
In an op-ed in the Los Angeles Times, Professor Christopher Knittel lays out five features that combine to make global warming a more vexing environmental crisis than any we have faced before.
The studies presented in this CEEPR Working Paper employ the Reference Electrification Model (REM) to investigate the value of accurately modeling detailed demand characteristics for...
Professor Richard Schmalensee provides a broad-brush comparison of performance under traditional arrangements for electricity supply with those that emerged after the world-wide wave of...
In an op-ed on The Rift, CEEPR's Emil Dimanchev outlined the pros of a carbon tax on imports in the EU, stating that pricing CO2 imports would be a win-win for the environment and the EU economy.
In a new CEEPR Working paper, researchers examine direct financial incentives for consumers that purchase battery electric vehicles. Their analysis estimates that state-level subsidies in the form...