From Hierarchies to Markets and Partially Back Again in Electricity
Many electricity sectors are now pursuing deep decarbonization goals which will entail replacing dispatchable fossil generation primarily with intermittent renewable generation over the next 20-30 years. In this paper, Paul Joskow thinks broadly about the options for institutional change from a Williamsonian perspective, which provides a useful framework for examining institutional adaptation.
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Taxes, Oil Prices And Why We’re All Quitting Our Jobs: Indicators Of The Week
In an episode of NPR’s Planet Money podcast series, Director Christopher Knittel discusses corporate taxes, the current state of oil prices, and employment trends.
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Energy Conversion and Storage: The Value of Reversible Power-to-Gas Systems
Power-to-Gas technology has recently seen falling acquisition costs and lower conversion efficiency losses. In a new Working Paper, the authors examine the economic potential of reversible Power-to-Gas systems that can convert electricity to hydrogen or operate in the reverse direction to deliver electricity during times of high power prices.
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Spring 2021 Newsletter Released
The next issue of the CEEPR Newsletter is now online. Read about research work and other collected news items from the past few months here.
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MIT CEEPR Research on Carbon Pricing Cited in Congressional Hearing
Congressman Scott H. Peters highlights CEEPR study on the benefits of including carbon pricing in a climate policy portfolio.
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MIT Unveils a New Action Plan to Tackle the Climate Crisis
The plan includes a broad array of new initiatives and significant expansions of existing programs to bring the Institute’s expertise to bear on this critical global issue.
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