3 Questions: The Future of Nuclear Energy
Jacopo Buongiorno and John Parsons, co-directors of the MITEI LCEC for Advanced Nuclear Energy Systems, discuss how to overcome the challenges and realize the benefits of expanding nuclear power.
Restructuring Revisited: Competition and Coordination in Electricity Distribution Systems
In light of the decentralization of the power sector, a new CEEPR Working Paper carefully considers how industry structure regulations impacts competition, market development, and the efficiency of investments in and operations of network infrastructure and connected resources.
Reforming Electricity Markets for the Transition: Emerging Lessons from the UK's Bold Experiment
In 2013, the UK introduced radical market reform to meet the new challenges - a change which some critics denounced as a return to central planning, whilst others feared the costs. The results to date suggest that EMR is a step forwards, not backwards; but it is not the end of the story.
Subsidizing Fuel Efficient Cars: Evidence from China's Automobile Industry
In a new CEEPR Working Paper, the authors examine the response of vehicle purchase behavior to China’s largest national subsidy program for fuel efficient vehicles during 2010 and 2011.
The Use of Regression Statistics to Analyze Imperfect Pricing Policies
Corrective taxes can completely solve a variety of market failures, but actual policies are commonly forced to deviate from the theoretical ideal due to administrative or political constraints. A new CEEPR Working Paper presents a method that requires a minimum of market information to quantify the costs of imperfect pricing, using simple regression statistics.
What's Killing Nuclear Power in U.S. Electricity Markets?
Prices in U.S. electricity markets fell precipitously in recent years, driving several nuclear power plants to announce plans to close well before the end of their licensed operation. A new working paper provides the first empirical estimate of the geographically heterogeneous impact of three factors on the decline in market prices earned by nuclear plants in the PJM Interconnection between 2008-2016.
In The News
Feb 2, 2018
3 Questions: Transforming our Electric Power System
Christopher Knittel and Francis O'Sullivan, co-directors of the MITEI LCEC for Electric Power Systems Research, are exploring cleaner, more reliable, and more cost-effective solutions.
Jan 30, 2018
Is Massachusetts ready for carbon pricing?
On Jan. 25, a panel at MIT explored the benefits, costs, and political challenges involved in translating carbon pricing from concept into law in Massachusetts and beyond.
Jan 10, 2018
A Sector in Transition: Transportation in the 21st Century
MIT CEEPR, together with the Baker Institute, will host experts for a discussion focusing on the future of transportation. Registration is now open, please find details within.
Dec 4, 2017
Russia and the Post-Paris World: A New Energy Landscape?
In a new CEEPR working paper, the authors find that climate-related actions outside of Russia decrease Russia’s energy exports and lower Russia’s GDP growth rate. The paper offers suggestions for...
Nov 17, 2017
Helping Mexico Design an Effective Climate Policy
MIT researchers are working with the Mexican government on carbon pricing options to meet the country’s climate goals under the Paris Agreement.
Sep 27, 2017
New Study Finds Expected Savings from School Energy Efficiency Upgrade Outpace Actual Returns
Innovative study finds energy efficiency investments made at California public schools may not provide as much benefit as officials expected.