January 2017 - CEEPR CEEPR

Parliamentary Secretary Mike Bernier summarizes British Columbia’s positive experience with its revenue-neutral carbon tax

Limits to Arbitrage in Electricity Markets: A case study of MISO

Posted on January 30th, 2017 by tagadmin

Like in other deregulated markets, financial players were introduced to the Midwest electricity market to arbitrage price differences that distort planning decisions. Unlike other markets, this did not seemed to be working. Instead, we find some players bidding in the wrong direction and consistently losing money, possibly in an attempt to manipulate market prices.

Wind Capacity Investments: Inefficient Drivers and Long-Term Impacts

Posted on January 23rd, 2017 by tagadmin

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

Posted on January 19th, 2017 by tagadmin

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.