September 4, 2018

Does the U.S. Export Global Warming? Coal Trade and the Shale Gas Boom

Christopher Knittel, Konstantinos Metaxoglou, Anson Soderbery and Andre Trindade examine the effect of the US Shale Gas Boom on global trade, consumption of coal, and CO2 emissions and the results show that the total quantity of coal traded around in the absence of the Boom is essentially the same as the actual…

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August 15, 2018

Fair, Equitable, and Efficient Tariffs in the Presence of DERs

In a new CEEPR Working Paper, the authors delineate various aspects of equity and fairness that regulators must grapple with when designing electricity tariffs and show that more economically efficient tariffs can improve several aspects of equity. The research argues that DER adoption under existing tariff schemes may increase inequities already present in the power system.

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July 26, 2018

Coordinating Separate Markets for Externalities

In a new CEEPR Working Paper, the authors show that inefficiencies from having separate markets to correct an environmental externality are significantly mitigated when firms participate in an integrated product market, using data from an integrated wholesale electricity market.

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July 17, 2018

Who Closes First? Ownership and Collusive Early Exits

Climate and energy policies lead to a declining market for the incumbent technologies in electricity markets. Facing the challenge of closures, incumbent firms have incentives to coordinate closures through cross-ownership to achieve a collusive phase-out. For the Nordic nuclear industry, a quantification shows a highly distorted phase-out, both for the consumer surplus and the environment.

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June 4, 2018

Measuring Savings from Fault Detection and Diagnostics

Data analytics will play a major role in advancing global energy efficiency and high performance building goals nationally and globally. As the fault detection and diagnostics industry emerges and unlocks numerous energy efficiency savings opportunities in buildings, it is crucial that we also advance our methodologies for evaluating these systems and quantifying the energy impact.

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May 9, 2018

We don’t know what climate change will cost — that doesn’t mean we can ignore it

Professor Robert S. Pindyck of MIT and Professor James H. Stock of Harvard University discuss the importance of the social cost of carbon in a new piece on TheHill.

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