Publication Year

2022

Natural Gas in the U.S. Southeast Power Sector under Deep Decarbonization

November 29, 2022

An increasing number of public and private actors have announced “net-zero” emissions targets by mid-century. In the electricity sector, the […]

Carbon Abatement Costs for Hydrogen Fuels in Hard-to-Abate Transport Sectors and Potential Climate Policy Mixes

November 15, 2022

Additional climate policy efforts are needed for “hard-to-abate” sectors such as heavy-duty trucking, shipping, and aviation, in order for governments […]

Gilbert E. Metcalf Joins
MIT CEEPR as a Visiting Professor

November 9, 2022

CEEPR is delighted to welcome Gilbert E. Metcalf as a Visiting Professor. Professor Metcalf is an economist who has made […]

Five Myths About
Carbon Pricing

November 2, 2022

Among economists, there is near unanimous consensus that a necessary component of any portfolio of policies to address climate change […]

Electricity Retail Rate Design in a Decarbonizing Economy: An Analysis of Time-of-Use and Critical Peak Pricing

October 17, 2022

Currently, U.S. residential and small commercial electricity consumers are typically billed based on nearly flat rates, i.e., a constant price […]

Rational Rationing: A Price-Control Mechanism for a Persistent Supply Shock

October 7, 2022

The 2021 Texas power crisis, caused by a series of winter storms, led to prices that were 100 times higher […]

The Macroeconomic Effects of a Carbon Tax to Meet the U.S. Paris Agreement Target

October 7, 2022

We explore the quantitative impact of a carbon tax that reduces emissions by 35 percent—a target consistent with the Biden […]

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

Long-term Equilibrium in Electricity Markets with Renewables and Energy Storage Only

September 26, 2022

In many regions of the world, the economic dispatch of electricity, and the corresponding financial arrangements, are organized using spot […]

Is nuclear power a green solution? Why world tilts toward ‘yes.’

September 9, 2022

Environmental groups and policymakers are softening their stances against nuclear power, some reluctantly, some whole-heartedly, and many with a new […]

How America Can Make Industrial Policy Work

September 7, 2022

In an article on Foreign Affairs, MIT Professors John M. Deutch and Ernest J. Moniz discuss how the Inflation Reduction […]

Sustainable Hydrogen Fuels versus Fossil Fuels for Trucking, Shipping and Aviation: A Dynamic Cost Model

July 26, 2022

Achieving net zero emissions by 2050 represents a significant challenge for the global trucking, shipping and aviation sectors. Unlike the […]

Dianne Feinstein: Why I changed my mind about California’s Diablo Canyon nuclear plant

June 15, 2022

As national debate over nuclear power’s future continues, there are signs that the movement to keep plants open is making […]

Why Gas Prices Are So High

June 14, 2022

Gas prices in the United States are at record highs. And even when adjusting for inflation, they are on average […]

When “Low-Hanging Fruit” Are Beyond Reach: Management Practices and Firm Energy Efficiency

June 10, 2022

Industrial energy efficiency plays a central role in projections that achieve net zero greenhouse gas (GHG) emissions by mid-century. According […]

Climate worries galvanize a new pro-nuclear movement in the U.S.

May 27, 2022

As states race to keep plants open, California becomes a test case of how much the tide has shifted. The […]

MITEI Releases The Future of Energy Storage Report

May 16, 2022

The MIT Energy Initiative (MITEI) has just released a significant new research report, The Future of Energy Storage—the culmination of […]

Deregulation, Market Power, and Prices: Evidence from the Electricity Sector

April 26, 2022

In the late 1990s, several states in the United States started to restructure the electricity sector, replacing regulated and vertically […]

Coping with National Fuel Subsidies in Regional Power Markets

March 24, 2022

Fuel subsidies for fossil generators persist in different electricity markets across five continents. In light of the current European energy […]

Technology Neutral vs.
Technology Specific Procurement

March 15, 2022

A principal (e.g., a regulator or a firm) needs to procure multiple units of a good or service that can […]

Power Price Crisis in the EU: Unveiling Current Policy Responses and Proposing a Balanced Regulatory Remedy

March 1, 2022

For several months, electricity prices in the European Union (EU) have been at sustained and unprecedentedly high levels. The current […]

Why Do Firms Issue Green Bonds?

January 12, 2022

Green finance certification allows investors to link their decisions to firms’ commitments toward the environment. Green bonds are the most […]

MITEI appoints
Professor Christopher Knittel
as Deputy Director for Policy

January 12, 2022

Christopher Knittel has held a number of titles at MIT: George P. Shultz Professor of Energy Economics … Director of […]