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Publications
Electricity Retail Rate Design in a Decarbonizing Economy: An Analysis of Time-of-Use and Critical Peak Pricing
Tim Schittekatte, Dharik Mallapragada, Paul L. Joskow, and Richard Schmalensee
Rational Rationing: A Price-Control Mechanism for a Persistent Supply Shock
Reyer Gerlagh, Matti Liski, and Iivo Vehviläinen
The Macroeconomic Effects of a Carbon Tax to Meet the U.S. Paris Agreement Target: The Role of Firm Creation and Technology Adoption
Alan Finkelstein-Shapiro and Gilbert E. Metcalf
Long-term Equilibrium in Electricity Markets with Renewables and Energy Storage Only
Guillaume Tarel, Magnus Korpås, and Audun Botterud
When “Low-Hanging Fruit” Are Beyond Reach: Management Practices and Firm Energy Efficiency
Valerie J. Karplus and Da Zhang
Deregulation, Market Power, and Prices: Evidence from the Electricity Sector
Alexander MacKay and Ignacia Mercadal
Electricity Sector Policy Reforms to Support Efficient Decarbonization
Howard K. Gruenspecht, Hannes Pfeifenberger, Paul L. Joskow, Richard Schmalensee
Coping with National Fuel Subsidies in Regional Power Markets: Application to the Gulf Cooperation Council Interconnector
Abdullah Alawad, Pablo Dueñas, Ahmad Alabdulkareem, and Carlos Batlle
Technology Neutral vs. Technology Specific Procurement
Natalia Fabra and Juan-Pablo Montero
Power Price Crisis in the EU: Unveiling Current Policy Responses and Proposing a Balanced Regulatory Remedy
Carlos Batlle, Tim Schittekatte, and Christopher R. Knittel
Properties of Deeply Decarbonized Electric Power Systems with Storage
Cristian Junge, Cathy Wang, Dharik S. Mallapragada, Howard K. Gruenspecht, Hannes Pfeifenberger, Paul L. Joskow, and Richard Schmalensee
Electricity Pricing Problems in Future Renewables-Dominant Power Systems
Dharik S. Mallapragada, Cristian Junge, Cathy Wang, Hannes Pfeifenberger, Paul L. Joskow, and Richard Schmalensee
Technology Adoption and Early Network Infrastructure Provision in the Market for Electric Vehicles
Nathan Delacrétaz, Bruno Lanz, and Jeremy van Dijk
CO2 Abatement from Renewable Energy Injections in the German Electricity
Hannes Weigt, Erik Delarue and Denny Ellerman
Policies for Electrifying the Light-Duty Vehicle Fleet in the United States
Cassandra Cole, Michael Droste, Christopher R. Knittel, Shanjun Li, and James H. Stock
Intermittent versus Dispatchable Power Sources: An Integrated Competitive Assessment
Gunther Glenk and Stefan Reichelstein
Challenges and Opportunities for Decarbonizing Power Systems in the US Midcontinent
Pablo Duenas-Martinez, Karen Tapia-Ahumada, Joshua Hodge, Raanan Miller, and John E. Parsons
A Domestic Content Rule for Electric Vehicle Lithium-Ion Batteries Will Protect U.S. Jobs
Amelia Pedone and John Deutch
Facilitating Transmission Expansion to Support Efficient Decarbonization of the Electricity Sector
Paul L. Joskow
Energy Conversion and Storage: The Value of Reversible Power-to-Gas Systems
Gunther Glenk and Stefan Reichelstein
Policy Options to Enable an Equitable Energy Transition
Daniel Raimi, Aurora Barone, Sanya Carley, David Foster, Emily Grubert, Julia Haggerty, Jake Higdon, Michael Kearney, David Konisky, Jennifer Michael, Gilbert Michaud, Sade Nabahe, Nina Peluso, Molly Robertson, and Tony Reames
Grid Impacts of Highway Electric Vehicle Charging and the Role for Mitigation via Energy Storage
Andrew M. Mowry and Dharik S. Mallapragada
Energy Storage Investment and Operation in Efficient Electric Power Systems
Cristian Junge, Dharik Mallapragada, and Richard Schmalensee
Distributional Effects of Net Metering Policies and Residential Solar Plus Behind-the-meter Storage Adoption
Andrés Inzunza and Christopher R. Knittel
The Roosevelt Project: A New Deal for Employment, Energy and Environment
Ernest J. Moniz and Michael J. Kearney
Social Impacts of Energy Transition
Jason W. Beckfield, D. A. Evrard, Robert J. Sampson, and Mary C. Waters
Quantifying the Distributional Impacts of Rooftop Solar PV Adoption Under Net Energy Metering
Scott P. Burger, Christopher R. Knittel, and Ignacio J. Pérez-Arriaga
The Short-run and Long-run Effects of COVID-19 on Energy and the Environment
Kenneth T. Gillingham, Christopher R. Knittel, Jing Li, Marten Ovaere, and Mar Reguant
Evolving Bidding Formats and Pricing Schemes in US and Europe Day-Ahead Electricity Markets
Carlos Batlle, Ignacio Herrero, and Pablo Rodilla
Electrifying Transportation: Issues and Opportunities
Bentley C. Clinton, Christopher R. Knittel, Konstantinos Metaxoglou
The Value of Pumped Hydro Storage for Deep Decarbonization of the Spanish Grid
Anthony Fratto Oyler and John E. Parsons
Optimality Conditions and Cost Recovery in Electricity Markets with Variable Renewable Energy and Energy Storage
Magnus Korpås and Audun Botterud
Two-Way Trade in Green Electrons: Deep Decarbonization of the Northeastern U.S. and the Role of Canadian Hydropower
Emil Dimanchev, Joshua Hodge, and John Parsons
Using Machine Learning to Target Treatment: The Case of Household Energy Use
Christopher R. Knittel and Samuel Stolper
Strengths and Weaknesses of Traditional Arrangements for Electricity Supply
Richard Schmalensee
Crackdowns in Hierarchies: Evidence from China's Environmental Inspections
Valerie J. Karplus and Mengying Wu
Spatial and Temporal Variation in the Value of Solar Power across United States Electricity Markets
Patrick R. Brown and Francis M. O'Sullivan
Optimal Commodity Taxation with a Non-Renewable Resource
Julien Daubanes and Pierre Lasserre
The Efficiency and Distributional Effects of Alternative Residential Electricity Rate Designs
Scott P. Burger, Christopher R. Knittel, Ignacio Pérez-Arriaga, Ian Schneider, and Frederik vom Scheidt
Challenges for Wholesale Electricity Markets with Intermittent Renewable Generation at Scale: The U.S. Experience
Paul L. Joskow
The Carbon Footprint of Bitcoin
Christian Stoll, Lena Klaaßen, and Ulrich Gallersdörfer
The Climate and Economic Rationale for Investment in Life Extension of Spanish Nuclear Power Plants
Anthony Fratto Oyler and John E. Parsons
Dynamic Competition and Arbitrage in Electricity Markets: The Role of Financial Players
Ignacia Mercadal
Fair, Equitable, and Efficient Tariffs in the Presence of Distributed Energy Resources
Scott P. Burger, Ian Schneider, Audun Botterud, and Ignacio Pérez-Arriaga
Coordinating Separate Markets for Externalities
Jose Miguel Abito, Christopher R. Knittel, Konstantinos Metaxoglou, and André Trindade
Ownership and Collusive Exit: Theory and a Case of Nuclear Phase-out
Matti Liski and Iivo Vehviläinen
Resource Adequacy with Increasing Shares of Wind and Solar Power: A Comparison of European and U.S. Electricity Market Designs
Audun Botterud and Hans Auer
Restructuring Revisited: Competition and Coordination in Electricity Distribution Systems
Scott P. Burger, Jesse D. Jenkins, Carlos Batlle, and Ignacio J. Pérez-Arriaga
Sector Reforms and Institutional Corruption: Evidence from Electricity Industry in Sub-Saharan Africa
Mahmud I. Imam, Tooraj Jamasb, and Manuel Llorca
UK Electricity Market Reform and the Energy Transition: Emerging Lessons
Michael Grubb and David Newbery
The Use of Regression Statistics to Analyze Imperfect Pricing Policies
Mark R. Jacobsen, Christopher R. Knittel, James M. Sallee, and Arthur A. van Benthem
What's Killing Nuclear Power in US Electricity Markets? Drivers of Wholesale Price Declines at Nuclear Generators in the PJM Interconnection
Jesse D. Jenkins
TSO/DSO Coordination in a Context of Distributed Energy Resource Penetration
Michael Birk, José Pablo Chaves-Ávila, Tomás Gómez, and Richard Tabors
Modeling Unit Commitment in Political Context: Case of China's Partially Restructured Electricity Sector
Michael R. Davidson and J. Ignacio Pérez-Arriaga
Limits to Arbitrage in Electricity Markets: A Case Study of MISO
John Birge, Ali Hortaçsu, Ignacia Mercadal, and Michael Pavlin
Wind Capacity Investments: Inefficient Drivers and Long-Term Impacts
Ian Schneider and Mardavij Roozbehani
Lower Oil Prices and the U.S. Economy: Is This Time Different?
Christiane Baumeister and Lutz Kilian
Carbon Market Stabilisation Measures: Implications for Linking
Fitsum G. Tiche, Stefan E. Weishaar, and Oscar Couwenberg
Tight Oil Development Economics: Benchmarks, Breakeven Points, and Inelasticities
Robert L. Kleinberg, Sergey Paltsev, Charles K. Ebinger, David Hobbs, and Tim Boersma
Absolute vs. Intensity-based Caps for Carbon Emissions Target Setting: An Obstacle to Linking the EU ETS to a Chinese National ETS?
Yingying Zeng, Stefan E. Weishaar and Oscar Couwenberg
Electricity Services in a More Distributed Energy System
Ignacio J. Pérez-Arriaga, Scott Burger, and Tomás Gómez
OPEC vs US shale: Analyzing the Shift to a Market-share Strategy
Alberto Behar and Robert A. Ritz
The Impact of Uncertainty on the Need and Design of Capacity Remuneration Mechanisms in Low-Carbon Power Systems
Fernando J. de Sisternes and John E. Parsons
The Value of Aggregators in Electricity Systems
Scott Burger, Jose Pablo Chaves-Ávila, Carlos Batlle, Ignacio J. Pérez-Arriaga
The Geoeconomics of Russian-EU Gas Trade: Drawing Lessons from the South Stream Pipeline Project
Antto Vihma and Umut Turksen
Natural Gas Prices and Coal Displacement: Evidence from Electricity Markets
Christopher R. Knittel, Konstantinos Metaxoglou, and André Trindade
Limit Pricing and the (In)Effectiveness of the Carbon Tax
Saraly Andrade de Sá and Julien Daubanes
Modeling Intermittent Renewable Energy: Can We Trust Top-Down Equilibrium Approaches?
Karen Tapia-Ahumada, Claudia Octaviano, Sebastian Rausch, Ignacio Pérez-Arriaga
Melting-pots and Salad Bowls: The Current Debate on Electricity Market Design for RES Integration
Jean-Michel Glachant and Arthur Henriot
Investment Model for Renewable Electricity Systems (IMRES): an Electricity Generation Capacity Expansion Formulation with Unit Commitment Constraints
Fernando J. de Sisternes
The Simple Economics of Commodity Price Speculation
Christopher R. Knittel and Robert S. Pindyck
Regulatory Design for RES-E Support Mechanisms: Learning Curves, Market Structure, and Burden-Sharing
Carlos Batlle, Ignacio Pérez-Arriaga, and P. Zambrano-Barragán