Taxes, Oil Prices And Why We're All Quitting Our Jobs: Indicators Of The Week
In an episode of NPR's Planet Money podcast series, Director Christopher Knittel discusses the current state of oil prices.
Water for a Warming Climate
California has a pressing need for additional sustainable fresh water supplies. This report explores the feasibility and economic benefits of co-locating a large seawater desalination plant at the Diablo Canyon Nuclear Power Plant to supply potable water to the state. This arrangement integrates the two facilities by sharing infrastructure, forming a water-power coproduction system.
Challenges and Opportunities for Decarbonizing Power Systems in the US Midcontinent
In this paper, the authors assess options for rapid decarbonization of the power system with a focus on coal-reliant states across the midcontinent, where a diversity of entities share responsibility for maintaining a reliable and affordable supply of electricity.
Facilitating Transmission Expansion to Support Efficient Decarbonization of the Electricity Sector
Many studies have found that achieving decarbonization targets in a cost-efficient manner will require significant investments in new transmission capacity. However, there are numerous barriers that go beyond “NIMBY” opposition. These barriers are identified and potential reforms to reducing them are discussed in this Working Paper.
From Hierarchies to Markets and Partially Back Again in Electricity
Many electricity sectors are now pursuing deep decarbonization goals which will entail replacing dispatchable fossil generation primarily with intermittent renewable generation over the next 20-30 years. In this paper, Paul Joskow thinks broadly about the options for institutional change from a Williamsonian perspective, which provides a useful framework for examining institutional adaptation.
Energy Conversion and Storage: The Value of Reversible Power-to-Gas Systems
Power-to-Gas technology has recently seen falling acquisition costs and lower conversion efficiency losses. In a new Working Paper, the authors examine the economic potential of reversible Power-to-Gas systems that can convert electricity to hydrogen or operate in the reverse direction to deliver electricity during times of high power prices.
In The News
Jun 1, 2021
Spring 2021 Newsletter Released
The next issue of the CEEPR Newsletter is now online. Read about research work and other collected news items from the past few months here.
May 12, 2021
MIT Unveils a New Action Plan to Tackle the Climate Crisis
The plan includes a broad array of new initiatives and significant expansions of existing programs to bring the Institute’s expertise to bear on this critical global issue.
May 10, 2021
Are “Complementary Policies” Substitutes? Evidence from R&D Subsidies in the UK
Fostering innovation is one of the longest-standing and most pressing economic challenges. Governments globally provide subsidies comprising hundreds of billions of dollars each year. A paper by...
Apr 12, 2021
CEEPR Research Referenced in Hydro-Québec CEO’s Vision for Climate Action
Canada’s leading newspaper highlights CEEPR research that informed Hydro-Québec’s strategic realignment under CEO Sophie Brochu.
Apr 8, 2021
The Economics of Grid-Scale Energy Storage
The transition to a low-carbon electricity system is likely to require grid-scale energy storage to smooth the variability and intermittency of renewable energy. This paper investigates whether...
Mar 11, 2021
Electric Cars Are Coming. How Long Until They Rule the Road?
An article in The New York Times explores how long fleet turnover may take to switch from gas-powered cars to electric vehicles and interviews CEEPR Director Christopher Knittel for his thoughts...
Mar 5, 2021
CEEPR Research Featured in Forbes
CEEPR's oil-battery price calculator used to evaluate prospects for EV uptake in Forbes Magazine. Read the full article here.