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 15, 2021

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.

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 19, 2021

MIT CEEPR Research on Carbon Pricing Cited in Congressional Hearing

Congressman Scott H. Peters highlights CEEPR study on the benefits of including carbon pricing in a climate policy portfolio.

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 28, 2021

On the Path to an Equitable Energy Transition, a New Collaborative Report Provides Insight on How to Get There

MIT researchers join scholars from across the United States in an analysis of 35 policy proposals to support an equitable energy transition for all communities.

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 19, 2021

Resilient Decarbonization for the United States

The past decade has seen an unprecedented surge of climate change-driven extreme weather events that have wrought over $800 billion in damage and taken more than 5,200 lives across the United...

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.

Feb 23, 2021

Q&A: Clare Balboni on environmental economics

In this Q&A with MIT SHASS Communications, Professor Clare Balboni describes the burgeoning influence of economics in understanding climate, energy, and environmental issues.

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