Wind Capacity Investments: Inefficient Drivers and Long-Term Impacts

In a new CEEPR Working Paper, Ian Schneider and Mardavij Roozbehani explain how existing production-based subsidies for wind energy bias marginal investments to underweight the market value of energy produced.

Estimating the Future Supply of Shale Oil: A Bakken Case Study

How much shale oil do we have left? And how much of that can be recovered economically? A new estimation technique suggests that, in the Bakken play, roughly 8 billion barrels of the remaining shale oil resources could be developed at a cost of $50/barrel.

Transatlantic Perspectives on Energy Storage: Technology, Policy and Finance

Energy storage will play a critical role in enabling the transition to low-carbon electricity systems, providing capacity, energy, and ancillary benefits to help secure a stable and reliable power supply. But even as the technology horizon evolves, the value of different storage technologies remains uncertain.

Lower Oil Prices and the U.S. Economy: Is This Time Different?

Between June 2014 and March 2016, the inflation-adjusted price of oil dropped by 66%, yet average U.S. economic growth accelerated only slightly from 1.8% at annual rates before the oil price decline to 2.2% thereafter. The fact that this decline in the price of oil failed to translate into faster U.S. economic growth has puzzled many observers who expected a boom in the U.S. economy.

The Economics of Unconventional Oil Development

According to the latest energy outlook from the U.S. Energy Information Administration, tight oil production was 4.28 Mb/d for 2014 and 4.89 Mb/d for 2015. It is projected to fall to 4.27 Mb/d for 2016. A recent CEEPR working paper by Robert Kleinberg, Sergey Paltsev, Charles Ebinger, David Hobbs, and Tim Boersma offers an investigation into this phenomenon.

In The News

Dec 29, 2016

Are Fuel Economy Standards Regressive?

The Corporate Average Fuel Economy (CAFE) program was introduced in 1975 with the objective of reducing gasoline consumption. Under CAFE, automakers are required to meet a minimum sales-weighted...

Dec 22, 2016

Study Shows Hydraulic Fracturing Boosts Local Economies

As hydraulic fracturing, or fracing, is poised to play an even more important role in the nation’s energy system in coming years, how can benefits at the national scale—such as lower energy prices,...

Nov 16, 2016

E2e Project Update: Evaluating Energy Efficiency Upgrades to K-12 Public Schools in California

A new working paper by Fiona Burlig, Christopher Knittel, David Rapson, Mar Reguant and Catherine Wolfram1 studies the cost-effectiveness of energy efficiency investments in over 2,000 K-12...

Sep 30, 2016

Efficiency and Equity in Today’s Environmental Policy

The economics rationale for environmental regulation is simple and strong: private decisions about how much to pollute lead to socially undesirable levels of pollution. We need policy to correct...

Sep 12, 2016

Predicting the Unpredictable – Handling Uncertainty in Energy Economics and Management

Together with partners from German utility and CEEPR Associate Energie Baden-Württemberg AG (EnBW), the University of Duisburg-Essen and the Stiftung Energie & Klimaschutz, MIT CEEPR organized a...

Jul 12, 2016

The Rise of NGO Activism

In a recent MIT CEEPR working paper2, we start with the observation that, since the mid-twentieth century, public regulators have lost public trust. Recent catastrophes, such as the global...

Jul 10, 2016

2016 CEEPR-EPRG European Energy Policy Conference

On July 7th and 8th, 2016, CEEPR cooperated with EPRG and Electricité de France to convene the 2016 European Energy Policy Conference in Paris, France. Over 70 participants from research, industry,...

May 30, 2016

2016 Spring Research Workshop

In the development of energy and environmental policy, cooperation between research, industry and policy making is critical. This message was central to the work presented and discussed at the MIT...

May 20, 2016

MIT joins Carbon Pricing Leadership Coalition

MIT has formally joined the Carbon Pricing Leadership Coalition, a global partnership of governments, businesses, and civil society organizations working together with the goal of applying a price...

May 10, 2016

Emissions Trading in North America and Beyond

Against the backdrop of a recent U.S.-Canada Joint Statement on Climate, Energy, and Arctic Leadership that emphasized the role of carbon trading in North American climate cooperation, MIT CEEPR...

May 1, 2016

University Energy Initiative Symposium

On April 29, 2016, CEEPR and the Alfred P. Sloan foundation convened a symposium for the leadership and management of major energy economics and policy research initiatives across the United States.

Apr 24, 2016

The E2e Project Awarded $5 Million Grant to Evaluate New Advanced Energy Monitoring System

The E2e Project is in the process of launching the largest demonstration and evaluation of an innovative energy monitoring system for industrial facilities.


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