Researchers combine electricity prices, emissions rates, and weather data to map the changing value of PV at ~10,000 locations across the US. Cost declines are found to have outrun value declines, such that the energy, capacity, health, and climate benefits of PV outweigh utility-scale PV costs at the majority of locations modeled.
Innovative methods for dispatching power at the residential level must be explored as more DERs are entering the market. This CEEPR Working Paper explains how power dispatching works today, and introduces an alternative, decentralized method that accounts for DERs such as rooftop solar and electric vehicles.
FERC recently issued Order 841, which is intended to open wholesale energy markets to merchant storage providers. In this Working Paper, Prof. Richard Schmalensee explores the validity of the Order's presumption that existing markets will provide at least approx. optimal incentives for investment in both storage and generation: it does not contemplate the establishment of new markets or new policies.
When governments need to raise public revenues, they should tax non-renewable resources more than regular commodities according to a dynamic rule. For carbon resources, that means augmenting the carbon tax in a way that further reduces their development and slows down their exploitation, which goes further in the direction of resolving the climate problem.
Power-to-Gas could become a central enabler of the transition towards a sustainable economy by reversibly converting electricity to hydrogen. A new paper shows that it will be competitive with fossil-based energy sources so as to solve the challenges of intermittent renewable generation and widespread industrial decarbonization.
Namrata Kala and Christopher Knittel plan to examine key policy levers for meeting electricity demand and renewable energy growth without jeopardizing system reliability in the developing world.
In this commentary, CEEPR Senior Research Associate Emil Dimanchev discusses research on the effects of Ohio’s RPS on air quality and human health.
In The New York Times, Christian Stoll discusses findings first published in a CEEPR Working Paper on the carbon footprint of virtual currency.
Christopher Knittel is P&Qs' Professor of the Week. Everybody knows that Millennials marry later and buy fewer homes than previous generations did. But when it comes to cars, that conventional...
In an article on Press&Journal, John Parsons discusses a vital decision about the place nuclear power will have in Pennsylvania's future.
In this episode of TILclimate (Today I Learned: Climate), MIT economics professor Christopher Knittel joins host Laur Hesse Fisher to break down the complexities of carbon pricing.
Christopher Knittel and Elizabeth Murphy's recent work on millennial vehicle ownership trends are highlighted in this Economics Opinion piece on Bloomberg.
In an article on Global.ca, a panel of experts, including Prof. Knittel, highlight choices one can make to reduce your carbon footprint.