The Economics of Grid-Scale Energy Storage
The transition to a low-carbon electricity system is likely to require grid-scale energy storage to smooth the variability and intermittency of renewable energy. This paper investigates whether private incentives for operating and investing in grid-scale energy storage are optimal and the need for policies that complement investments in renewables with encouraging energy storage.
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Resilient Decarbonization for the United States
The past decade has seen an unprecedented surge of climate change-driven extreme weather events that have wrought over $800 billion in damage and taken more than 5,200 lives across the United States — a trend that appears poised to intensify. At the same time, the need for a large-scale effort to decarbonize the U.S. electric power system has become clear, along with the growing climate risks and impacts that any such effort will face.
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Electric Cars Are Coming. How Long Until They Rule the Road?
An article in The New York Times explores how long fleet turnover may take to switch from gas-powered cars to electric vehicles and interviews CEEPR Director Christopher Knittel for his thoughts…
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CEEPR Research Featured in Forbes
CEEPR’s oil-battery price calculator used to evaluate prospects for EV uptake in Forbes Magazine. Read the full article here.
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Q&A: Clare Balboni on environmental economics
In this Q&A with MIT SHASS Communications, Professor Clare Balboni describes the burgeoning influence of economics in understanding climate, energy, and environmental issues.
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Grid Impacts of Highway Electric Vehicle Charging
Highway fast-charging (HFC) stations for electric vehicles (EVs) are necessary to address range anxiety concerns and thus to support economy-wide decarbonization goals through the electrification of transportation. The characteristics of HFC electricity demand – their relative inflexibility, high power requirements, and spatial concentration – have the potential to adversely impact grid operations as HFC infrastructure expands.
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