Learning from Supply Shocks in the Energy Market
In this paper, Bora Ozaltun carries out three studies of the local and global impacts of supply shocks in energy markets, including looking at the relationship between power plants, energy prices and local pollution, analyzing fossil fuel trade networks, and developing a general equilibrium model to isolate trade impacts of the shale revolution.
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MIT CEEPR Again Ranked Among Top Energy Policy Think Tanks in the World
For the ninth consecutive year, MIT CEEPR has been ranked among the top ten energy policy think tanks in the world, according to the annual “Global Go To Think Tank Index Report.”
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Registration Open for the 2021 MIT Energy Conference
Held from March 10-12, the 2021 MIT Energy Conference will feature high-profile keynote speakers and panels covering the fossil transition, trends in renewable energy development, and many more.
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Energy Storage Investment and Operation in Efficient Electric Power Systems
Variable renewable energy (VRE) resources, mainly wind and solar, are becoming increasingly important sources of electricity in many regions. In a new CEEPR Working Paper, MIT’s Cristian Junge, Dharik Mallapragada, and Richard Schmalensee consider welfare-optimal investment in – and operation of – electric power systems.
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An Alternative LACE Study on Solar PV
Renewable generating technologies in the electricity market are often evaluated using the Levelized cost of electricity (LCOE). Using a more holistic approach, this CEEPR Working Paper measures the Levelized Avoided Cost of Electricity (LACE), which considers what it will cost the grid to generate electricity using renewable technology, amortized over its lifetime, to assess the economical value of the renewable generating technology.
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Fall 2020 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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