March 1, 2019

Competition for Electric Transmission Projects in the U.S.: FERC Order 1000

Professor Paul L. Joskow discusses the provisions of Order 1000, its application by ISOs, and examines the evidence to date regarding the development and application of the competitive transmission procurement model in the U.S in this CEEPR Working Paper.

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February 19, 2019

Machine Learning from Schools about Energy Efficiency

This working paper studies the effectiveness of energy efficiency upgrades in K-12 schools, and demonstrate that the machine learning method outperforms standard panel fixed effects approaches. The authors find that the upgrades deliver only 53% of ex ante expected savings on average, and find a similarly low correlation between school-specific predictions of energy savings and realized savings.

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February 1, 2019

The Efficiency and Distributional Effects of Alternative Residential Electricity Rate Designs

In this paper, researchers find that low-income customers would face bill increases on average in a transition to more economically efficient electricity tariffs. However, they demonstrate that simple changes to fixed charges in two-part tariffs can mitigate these disparities while preserving all, or the vast majority, of the efficiency gains.

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January 11, 2019

Challenges for Wholesale Electricity Markets with Intermittent Renewable Generation at Scale: The U.S. Experience

A paper written by Professor Paul L. Joskow examines the current and likely future effects on wholesale electricity markets and the challenges these markets face due to the rapid expansion of intermittent (or variable) renewable energy, primarily wind and solar, with close to zero marginal generating costs.

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December 20, 2018

The Carbon Footprint of Bitcoin

Blockchain has its roots in the cryptocurrency Bitcoin, which was the first successful attempt to validate transactions via a decentralized data protocol. Participation in its validation process requires specialized hardware and vast amounts of electricity, which translate into a significant carbon footprint.

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December 17, 2018

Cooperative approaches under the Paris Agreement discussed at COP 24

CEEPR Deputy Director Michael Mehling presented research on the implementation of Article 6 of the Paris Agreement at a COP24 side event.

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