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Publications
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
Colluding Against Environmental Regulation
Jorge Alé-Chilet, Cuicui Chen, Jing Li, and Mathias Reynaert
Why Do Firms Issue Green Bonds?
Julien Xavier Daubanes, Shema Frédéric Mitali and Jean-Charles Rochet
Global Externalities, Local Policies, and Firm Selection
Lassi Ahlvik and Matti Liski
Advancing International Cooperation under the Paris Agreement: Issues and Options for Article 6
Michael A. Mehling
Technology Adoption and Early Network Infrastructure Provision in the Market for Electric Vehicles
Nathan Delacrétaz, Bruno Lanz, and Jeremy van Dijk
Subglobal Climate Agreements and Energy-Intensive Activities: Is there a Carbon Haven for Copper?
Bruno Lanz, Thomas F. Rutherford and John E. Tilton
Local and Seasonal Effects in the U.S. of Global Climate Change
Richard S. Eckaus
CO2 Abatement from Renewable Energy Injections in the German Electricity
Hannes Weigt, Erik Delarue and Denny Ellerman
Hit or Miss: Regulating Derivative Markets to Reduce Hedging Costs at Non-Financial Companies
John E. Parsons
Market-Based Emissions Regulation and Industry Dynamics
Meredith Fowlie, Mar Reguant and Stephen P. Ryan
The Cost of Abating CO2 Emissions by Renewable Energy Incentives in Germany
Claudio Marcantonini and A. Denny Ellerman
Joint Allocation of Climate Control Mechanisms is the Cheapest Way to Reduce Global Climate Damage
John M. Deutch
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
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
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
Energy Storage Investment and Operation in Efficient Electric Power Systems
Cristian Junge, Dharik Mallapragada, and Richard Schmalensee
A Machine Learning Approach to Evaluating Renewable Energy Technology: An Alternative LACE Study on Solar Photo-Voltaic (PV)
Benny Siu Hon Ng, Christopher R. Knittel, and Caroline Uhler
Trade-offs in Climate Policy: Combining Low-Carbon Standards with Modest Carbon Pricing
Emil G. Dimanchev and Christopher R. Knittel
Going Beyond Default Intensities in an EU Carbon Border Adjustment Mechanism
Michael A. Mehling and Robert A. Ritz
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
Assessing the Role of Public Policy in Industrial Transitions: How Distinct Regional Contexts Inform Comprehensive Planning
Nina Peluso, Michael Kearney, and Richard Lester
Social Impacts of Energy Transition
Jason W. Beckfield, D. A. Evrard, Robert J. Sampson, and Mary C. Waters
Distributed Effects of Climate Policy: A Machine Learning Approach
Tomas W. Green and Christopher R. Knittel
Building the Energy Infrastructure Necessary for Deep Decarbonization throughout the United States
David Hsu and Darryle Ulama
Public Attitudes on Energy and the Climate
Stephen Ansolabehere, Elizabeth Thom, and Dustin Tingley
Just Institutions for Deep Decarbonization? Essential Lessons from 20th Century Regional Economic and Industrial Transitions in the United States
Daniel Gallagher and Amy Glasmeier
Energy Workforce Development in the 21st Century
David Foster, Sade Nabahe, and Benny Siu Hon Ng
Fostering Innovative Growth in Regions Exposed to Low Carbon Transition
Valerie J. Karplus, Michael Kearney, and Sohum Pawar
Quantifying the Distributional Impacts of Rooftop Solar PV Adoption Under Net Energy Metering
Scott P. Burger, Christopher R. Knittel, and Ignacio J. Pérez-Arriaga
State Ownership and Technology Adoption: The Case of Electric Utilities and Renewable Energy
Bjarne Steffen, Valerie J. Karplus, and Tobias S. Schmidt
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
A Multi-control Climate Policy Process for a Designated Decision Maker
Henri F. Drake, Ronald L. Rivest, Alan Edelman, and John Deutch
Abatement Strategies and the Cost of Environmental Regulation: Emission Standards on the European Car Market
Mathias Reynaert
What Does and Does Not Correlate with COVID-19 Death Rates
Christopher R. Knittel and Bora Ozaltun
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
Climate Policy Without a Price Signal: Evidence on the Implicit Carbon Price of Energy Efficiency in Buildings
Ghislaine Lang and Bruno Lanz
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
Social Comparison and Energy Conservation in a Collective Action Context: A Field Experiment
Serhiy Kandul, Ghislaine Lang, and Bruno Lanz
Strengths and Weaknesses of Traditional Arrangements for Electricity Supply
Richard Schmalensee
Investigating the Necessity of Demand Characterization and Stimulation for Geospatial Electrification Planning in Developing Countries
Stephen J. Lee, Eduardo Sánchez, Andrés González-García, Pedro Ciller, Pablo Duenas, Jay Taneja, Fernando de Cuadra García, Julio Lumbreras, Hannah Daly, Robert Stoner, Ignacio J. Pérez-Arriaga
Crackdowns in Hierarchies: Evidence from China's Environmental Inspections
Valerie J. Karplus and Mengying Wu
Estimating the Costs and Benefits of Fuel-Economy Standards
Antonio M. Bento, Mark R. Jacobsen, Christopher R. Knittel, and Arthur A. van Benthem
Providing the Spark: Impact of Financial Incentives on Battery Electric Vehicle Adoption
Bentley C. Clinton and Daniel C. Steinberg
Diary of a Wimpy Carbon Tax: Carbon Taxes as Federal Climate Policy
Christopher R. Knittel
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
Generational Trends in Vehicle Ownership and Use: Are Millennials Any Different?
Christopher R. Knittel and Elizabeth Murphy
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
Energy Efficiency, Information, and the Acceptability of Rent Increases: A Multiple Price List Experiment with Tenants
Ghislaine Lang and Bruno Lanz
Does the U.S. Export Global Warming? Coal Trade and the Shale Gas Boom
Christopher R. Knittel, Konstantinos Metaxoglou, Anson Soderbery, and André Trindade
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
Evaluating the Energy Efficiency Gap & Measuring Savings from Fault Detection Diagnostics
Danielle Dahan
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
Subsidizing Fuel Efficient Cars: Evidence from China's Automobile Industry
Chia-Wen Chen, Wei-Min Hu, and Christopher R. Knittel
The Use of Regression Statistics to Analyze Imperfect Pricing Policies
Mark R. Jacobsen, Christopher R. Knittel, James M. Sallee, and Arthur A. van Benthem
Finding Itself in the Post-Paris World: Russia in the New Global Energy Landscape
Igor Makarov, Y.-H. Henry Chen, and Sergey Paltsev
Linking Heterogeneous Climate Policies (Consistent with the Paris Agreement)
Michael A. Mehling, Gilbert E. Metcalf, and Robert N. Stavins
Vintage-specific Driving Restrictions
Nano Barahona, Francisco Gallego, and Juan-Pablo Montero
Cost Pass-Through to Higher Ethanol Blends at the Pump: Evidence from Minnesota Gas Station Data
Jing Li and James H. Stock
TSO/DSO Coordination in a Context of Distributed Energy Resource Penetration
Michael Birk, José Pablo Chaves-Ávila, Tomás Gómez, and Richard Tabors
Output-based Allocations in Pollution Markets With Uncertainty and Self-Selection
Guy Meunier, Juan-Pablo Montero and Jean-Pierre Ponssard
Attribute Substitution in Household Vehicle Portfolios
James Archsmith, Kenneth Gillingham, Christopher R. Knittel, and David S. Rapson
More Gas, Less Coal, and Less CO2? Unilateral CO2 Reduction Policy with More than One Carbon Energy Source
Julien Daubanes, Fanny Henriet, and Katheline Schubert
Black Carbon Problems in Transportation: Technological Solutions and Governmental Policy Solutions
Thomas L. Brewer
The Behavioral Effect of Pigovian Regulation: Evidence from a Field Experiment
Bruno Lanz, Jules-Daniel Wurlod, Luca Panzone, and Timothy Swanson
Modeling Unit Commitment in Political Context: Case of China's Partially Restructured Electricity Sector
Michael R. Davidson and J. Ignacio Pérez-Arriaga
Are Consumers Poorly-Informed about Fuel Economy? Evidence from Two Experiments
Hunt Allcott and Christopher R. Knittel
Tropical Forests, Tipping Points, and the Social Cost of Deforestation
Sergio L. Franklin Jr. and Robert S. Pindyck
When Do States Disrupt Industries? Electric Cars in Germany and the United States
Jonas Meckling and Jonas Nahm
A Green Bargain? The Impact of an Energy Saving Program on Productivity Growth in China's Iron and Steel Industry
Massimo Filippini, Thomas Geissmann, Valerie J. Karplus, and Da Zhang
Anticipation and Environmental Regulation
Katherine Rittenhouse and Matthew Zaragoza-Watkins
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
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
Multilateral Linking of Emissions Trading Systems
Michael Mehling and Benjamin Görlach
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
Will We Ever Stop Using Fossil Fuels?
Thomas Covert, Michael Greenstone, and Christopher R. Knittel
The Value of Aggregators in Electricity Systems
Scott Burger, Jose Pablo Chaves-Ávila, Carlos Batlle, Ignacio J. Pérez-Arriaga
Lessons Learned from Three Decades of Experience with Cap-and-Trade
Richard Schmalensee and Robert N. Stavins
The Geoeconomics of Russian-EU Gas Trade: Drawing Lessons from the South Stream Pipeline Project
Antto Vihma and Umut Turksen
How do Carbon Emissions Respond to Business-Cycle Shocks?
Hashmat Khan, Christopher R. Knittel, Konstantinos Metaxoglou, and Maya Papineau
The Pass-Through of RIN Prices to Wholesale and Retail Fuels under the Renewable Fuel Standard
Christopher R. Knittel, Ben S. Meiselman, and James H. Stock
Competition and Externalities in Green Technology Adoption
Maxime C. Cohen, Georgia Perakis, and Charles Thraves
Consumer Subsidies with a Strategic Supplier: Commitment vs. Flexibility
Jonathan Chemama, Maxime C. Cohen, Ruben Lobel, and Georgia Perakis
Cash for Corollas: When Stimulus Reduces Spending
Mark Hoekstra, Steven L. Puller, and Jeremy West
Soft Cooperation in the Shadow of Distributional Conflict? A Model-Based Assessment of the Two-Level Game between International Climate Change Negotiations and Domestic Politics
Johannes Urpelainen and Antto Vihma
Technological Change, Vehicle Characteristics, and the Opportunity Costs of Fuel Economy Standards
Thomas Klier and Joshua Linn
Did "Cash for Clunkers" Deliver? The Effects of the Car Allowance Rebate System
Meghan R. Busse, Christopher R. Knittel, Jorge Silva-Risso, and Florian Zettelmeyer
The Effects of Environmental Regulation on the Competitiveness of U.S. Manufacturing
Michael Greenstone, John A. List and Chad Syverson
Defensive Investments and the Demand for Air Quality: Evidence from the NOx Budget Program and Ozone Reductions
Olivier Deschênes, Michael Greenstone and Joseph S. Shapiro
Ethanol Production and Gasoline Prices: A Spurious Correlation
Christopher R. Knittel and Aaron Smith
Regulatory Design for RES-E Support Mechanisms: Learning Curves, Market Structure, and Burden-Sharing
Carlos Batlle, Ignacio Pérez-Arriaga, and P. Zambrano-Barragán