The Roosevelt Project Releases Mapping Tool
The Roosevelt Project has created an interactive mapping tool that visualizes the data collected by the research group, down to an individual US county level. You may visit the page here.
An Alternative LACE Study on Solar PV
Renewable generating technologies in the electricity market are often evaluated using the Levelized cost of electricity (LCOE). Using a more holistic approach, this CEEPR Working Paper measures the Levelized Avoided Cost of Electricity (LACE), which considers what it will cost the grid to generate electricity using renewable technology, amortized over its lifetime, to assess the economical value of the renewable generating technology.
Trade-offs in Climate Policy: Combining Low-Carbon Standards with Modest Carbon Pricing
Past research suggests that choosing between these policies involves trade-offs between the relative efficiency and progressivity of carbon pricing on the one hand and the political acceptability of low-carbon standards on the other. To inform policy choice, this paper explores the effects of different combinations of both policies.
Going Beyond Default Intensities in an EU Carbon Border Adjustment Mechanism
As part of its Green Deal, the EU is currently preparing a Carbon Border Adjustment Mechanism (CBAM) that will extend carbon pricing to imports with a view to mitigating carbon leakage concerns. This paper outlines a CBAM design that allows producers to demonstrate that their actual carbon intensity lies below the default value.
Distributional Effects of Net Metering Policies and Residential Solar + Storage Adoption
By using a dataset of 100,000 customers’ half-hourly load data and income quintiles from Chicago, IL, the authors of this Working Paper simulate the operation of residential solar and behind-the-meter battery systems under 20%, 45% and 70% adoption levels and calculate both resulting bills as well as cost-shifts for every client.
2020 Fall Webinar Series
This series of webinars will take place from August 27 through December 10 and will cover topics including challenges in electricity markets with high shares of renewables, the economic and environmental impacts of COVID-19, transportation emissions policy, the role of hydrogen in the energy sector, and more. Additional information may be found here as it is updated throughout the Fall semester.
In The News
Dec 14, 2020
Fall 2020 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.
Oct 2, 2020
A price on carbon would benefit competitive power markets
As federal debate heats up, a Washington Times op-ed co-authored by CEEPR’s Michael Mehling discusses the rationale of carbon pricing in the electricity sector.
Oct 1, 2020
Revamped MIT Climate Portal aims to inform and empower the public
MIT today announced a dramatic overhaul of the MIT Climate Portal, climate.mit.edu, which provides timely, science-based information about the causes and consequences of climate change.
Sep 10, 2020
The Roosevelt Project Working Papers Now Available
The first nine Working Papers have been released under the Roosevelt Project, an initiative examining the transitional challenges associated with progress toward a deeply decarbonized U.S. economy....
Sep 16, 2020
Quantifying the Distributional Impacts of Rooftop Solar Adoption
A new CEEPR Working Paper shows that residential rooftop solar PV adoption under typical electricity tariffs that inefficiently recover residual costs through volumetric charges creates substantial...
Aug 4, 2020
MIT and Wyoming Explore Energy and Climate Solutions
Members of Wyoming’s government and public university met with MIT researchers to discuss climate-friendly economic growth.
Jul 22, 2020
A Multi-control Climate Policy Process for a Designated Decision Maker
Researchers present an idealized model of optimally-controlled climate change, showing that the four methods of controlling climate damage– mitigation, carbon dioxide removal, adaptation, and solar...