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Results (195)
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
Sustainable Hydrogen Fuels versus Fossil Fuels for Trucking, Shipping and Aviation: A Dynamic Cost Model
Jonas Martin, Anne Neumann, and Anders Ødegård
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
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
The Value of Nuclear Microreactors in Providing Heat and Electricity to Alaskan Communities
Ruaridh Macdonald and John E. Parsons
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
An Approximate Dynamic Programming Framework for Modeling Global Climate
Mort Webster, Nidhi Santen and Panos Parpas
The Dynamic Effects of Hurricanes in the US: The Role of Non-Disaster Transfer Payments
Tatyana Deryugina
Subglobal Climate Agreements and Energy-Intensive Activities: Is there a Carbon Haven for Copper?
Bruno Lanz, Thomas F. Rutherford and John E. Tilton
Stocks & Shocks: A Clarification in the Debate Over Price vs. Quantity Controls for Greenhouse Gases
John E. Parsons and Luca Taschini
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
Who is Exposed to Gas Prices? How Gasoline Prices Affect Automobile Manufacturers and Dealerships
Meghan R. Busse, Christopher R. Knittel, and Florian Zettelmeyer
Mapping and Measuring the Channels of Oil Price Exposure in the Economy and the Role of Oil Derivatives in Reshaping Them
John E. Parsons
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
Intermittent versus Dispatchable Power Sources: An Integrated Competitive Assessment
Gunther Glenk and Stefan Reichelstein
Water for a Warming Climate: A Feasibility Study of Repurposing Diablo Canyon Nuclear Power Plant for Desalination
Andrew T. Bouma, Quantum J. Wei, John E. Parsons, Jacopo Buongiorno, and John H. Lienhard V
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
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
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
Energy and Manufacturing in the United States
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
Evolving Bidding Formats and Pricing Schemes in US and Europe Day-Ahead Electricity Markets
Carlos Batlle, Ignacio Herrero, and Pablo Rodilla
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
Welfare Costs of Catastrophes: Lost Consumption and Lost Lives
Ian W. R. Martin and Robert S. Pindyck
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
Using Machine Learning to Target Treatment: The Case of Household Energy Use
Christopher R. Knittel and Samuel Stolper
Social Comparison and Energy Conservation in a Collective Action Context: A Field Experiment
Serhiy Kandul, Ghislaine Lang, and Bruno Lanz
Machine Learning for Solar Accessibility: Implications for Low-Income Solar Expansion and Profitability
Sruthi Davuluri, René García Franceschini, Christopher R. Knittel, Chikara Onda, and Kelly Roache
Driving Behavior and the Price of Gasoline: Evidence from Fueling-Level Micro Data
Christopher R. Knittel and Shinsuke Tanaka
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
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
Machine Learning from Schools about Energy Efficiency
Fiona Burlig, Christopher R. Knittel, David Rapson, Mar Reguant, and Catherine Wolfram
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
The Economics of Ride-Hailing: Driver Revenue, Expenses and Taxes (under revision)
Stephen Zoepf, Stella Chen, Paa Adu, and Gonzalo Pozo
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
What's Killing Nuclear Power in US Electricity Markets? Drivers of Wholesale Price Declines at Nuclear Generators in the PJM Interconnection
Jesse D. Jenkins
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
The Light and the Heat: Productivity Co-benefits of Energy-saving Technology
Achyuta Adhvaryu, Namrata Kala, and Anant Nyshadham
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
Using Output-based Allocations to Manage Volatility and Leakage in Pollution Markets
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
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
Running Randomized Field Experiments for Energy Efficiency Programs: A Practitioner's Guide
Raina Gandhi, Christopher R. Knittel, Paula Pedro, and Catherine Wolfram
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
The Local Economic and Welfare Consequences of Hydraulic Fracturing
Alexander W. Bartik, Janet Curie, Michael Greenstone, and Christopher R. Knittel
Will We Ever Stop Using Fossil Fuels?
Thomas Covert, Michael Greenstone, and Christopher R. Knittel
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
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
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
Modeling Intermittent Renewable Energy: Can We Trust Top-Down Equilibrium Approaches?
Karen Tapia-Ahumada, Claudia Octaviano, Sebastian Rausch, Ignacio Pérez-Arriaga
Technological Change, Vehicle Characteristics, and the Opportunity Costs of Fuel Economy Standards
Thomas Klier and Joshua Linn
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
The Welfare Impact of Indirect Pigouvian Taxation: Evidence from Transportation
Christopher R. Knittel and Ryan Sandler
Adapting to Climate Change: The Remarkable Decline in the U.S. Temperature-Mortality Relationship over the 20th Century
Alan Barreca, Karen Clay, Olivier Deschênes, Michael Greenstone and Joseph S. Shapiro
The Origin of US Transportation Policy: Was There Ever Support for Gasoline Taxes?
Christopher R. Knittel
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
Up in Smoke: The Influence of Household Behavior on the Long-Run Impact of Improved Cooking Stoves
Rema Hanna, Esther Duflo and Michael Greenstone
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
Cleaning the Bathwater with the Baby: The Health Co-Benefits of Carbon Pricing in Transportation
Christopher R. Knittel and Ryan Sandler
Regulatory Design for RES-E Support Mechanisms: Learning Curves, Market Structure, and Burden-Sharing
Carlos Batlle, Ignacio Pérez-Arriaga, and P. Zambrano-Barragán
Modelling the Effects of Nuclear Fuel Reservoir Operation in a Competitive Electricity Market
Maria Lykidi, Jean-Michel Glachant and Pascal Gourdel
Risk and Responsibility Sharing in Nuclear Spent Fuel Management
Guillaume De Roo
Why and How the European Union Can Get a (Near To) Carbon-Free Energy System in 2050?
Christopher Jones and Jean-Michel Glachant
Nuclear Fuel Recycling - the Value of the Separated Transuranics and the Levelized Cost of Electricity
Guillaume De Roo and John E. Parsons
Regulatory Instruments for Deployment of Clean Energy Technologies
Ignacio J. Pérez-Arriaga
Public Attitudes Toward America's Energy Options - Report of the 2007 MIT Energy Survey
Stephen Ansolabehere
The Portfolio of Generation Facilities in Japan's Electric Power Sector, Past and Future
Naoto Nishimura
Energy and Environmental Policy and Electric Utilities' Choice under Uncertain Global Warming
Masaki Takahashi
Organizational Learning at Nuclear Power Plants
John S. Carroll, Constance Perin, and Alfred A. Marcus
The Potential Role of New Technology for Enhanced Safety and Performance of Nuclear Power Plants Through Improved Service Maintenance
Ted Glen Achorn
The Organization and Management of Nuclear Power Plants
John S. Carroll and Peter B. Cebon