Restructuring Revisited: Competition and Coordination in Electricity Distribution Systems
In light of the decentralization of the power sector, a new CEEPR Working Paper carefully considers how industry structure regulations impacts competition, market development, and the efficiency of investments in and operations of network infrastructure and connected resources.
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Power Sector Reform and Corruption: Evidence from Sub-Saharan Africa
In this paper, the authors conduct an econometric analysis of the performance of reforms in terms of efficiency, welfare, and economic development in 47 countries in Sub-Saharan Africa between 2002 and 2013.
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3 Questions: The Future of Nuclear Energy
Jacopo Buongiorno and John Parsons, co-directors of the MITEI LCEC for Advanced Nuclear Energy Systems, discuss how to overcome the challenges and realize the benefits of expanding nuclear power.
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Reforming Electricity Markets for the Transition: Emerging Lessons from the UK’s Bold Experiment
In 2013, the UK introduced radical market reform to meet the new challenges – a change which some critics denounced as a return to central planning, whilst others feared the costs. The results to date suggest that EMR is a step forwards, not backwards; but it is not the end of the story.
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3 Questions: Transforming our Electric Power System
Christopher Knittel and Francis O’Sullivan, co-directors of the MITEI LCEC for Electric Power Systems Research, are exploring cleaner, more reliable, and more cost-effective solutions.
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Is Massachusetts ready for carbon pricing?
On Jan. 25, a panel at MIT explored the benefits, costs, and political challenges involved in translating carbon pricing from concept into law in Massachusetts and beyond.
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