The Rationale for Investment in Life Extension of Spanish Nuclear Power Plants
Nuclear power provides more than 20% of Spain’s electricity. As each of the 7 plants approaches its 40 year design life, a decision must be made whether to invest in a life extension, considering Spain’s goal of reducing GHG emissions. This research shows that life extensions are the least-cost alternative for further reducing GHG emissions.
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Carbon Capture is Messy and Fraught – But Might Be Essential
Who would pay for a company to sequester carbon underground? MIT economist Christopher Knittel discusses a potential solution in a Wired article here.
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Dynamic Competition and Arbitrage in Electricity Markets: The Role of Financial Players
Market power is typically an important concern in restructured electricity markets. This paper shows that financial traders, who trade alongside physical buyers and sellers, can increase competitiveness and lead to lower consumer prices by effectively competing with generators and restricting their market power.
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Carbon tax debate: Nobels and IPCC vs. Trump and Doug Ford
In an article in Grist, Professor Christopher Knittel comments on the carbon tax debate. Read the full article here.
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Energy Efficiency, Information, and the Acceptability of Rent Increases
In this paper, the authors explore role of imperfect information and attentional biases in the context of energy efficiency investments by quantifying how alternative informational interventions affect tenants’ acceptance of rent increases in exchange for improved energy efficiency of their heating appliance.
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MIT Energy Initiative study reports on the future of nuclear energy
In “The Future of Nuclear Energy in a Carbon-Constrained World,” released by the MIT Energy Initiative on Sept. 3, the authors analyze the reasons for the current global stall of nuclear energy capacity…
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