The Weak Tie Between Natural Gas and Oil Prices
Posted on January 6th, 2022 by tagadminSeveral recent studies establish that crude oil and natural gas prices are cointegrated. Yet at times in the past, and […]
READ moreCapacity Factor Risk At Nuclear Power Plants
Posted on January 6th, 2022 by tagadminWe develop a model of the dynamic structure of capacity factor risk. It incorporates the risk that the capacity factor […]
READ moreFinancing a National Transmission Grid: What Are the Issues?
Posted on January 6th, 2022 by tagadminThe United States requires a substantial investment in transmission capacity over the next several decades. This investment is needed to […]
READ moreGas Balancing Rules Must Take into account the Trade-off between Offering Pipeline Transport and Pipeline Flexibility in Liberalized Gas Markets
Posted on January 6th, 2022 by tagadminThis paper analyses the value and cost of line-pack flexibility in liberalized gas markets through the examination of the techno-economic […]
READ moreComparing the Costs of Intermittent and Dispatchable Electricity Generating Technologies
Posted on January 6th, 2022 by tagadminEconomic evaluations of alternative electric generating technologies typically rely on comparisons between their expected life-cycle production costs per unit of […]
READ moreFat Tails, Thin Tails, and Climate Change Policy
Posted on January 6th, 2022 by tagadminClimate policy is complicated by the considerable compounded uncertainties over the costs and benefits of abatement. We don’t even know […]
READ moreTowards an Emissions Trading Scheme for Air Pollutants in India
Posted on January 6th, 2022 by tagadminEmissions trading schemes have great potential to lower pollution while minimizing compliance costs for firms in many areas now subject […]
READ moreOn The Portents of Peak Oil (And Other Indicators of Resource Scarcity)
Posted on January 6th, 2022 by tagadminAlthough economists have studied various indicators of resource scarcity (e.g., unit cost, resource rent, and market price), the phenomenon of […]
READ moreModelling the Effects of Nuclear Fuel Reservoir Operation in a Competitive Electricity Market
Posted on January 6th, 2022 by tagadminIn many countries, the electricity systems are quitting the vertically integrated monopoly organization for an operation framed by competitive markets. […]
READ moreElectricity Network Tariff Architectures: A Comparison of Four OECD Countries
Posted on January 6th, 2022 by tagadminThe study is motivated by the question “what is the optimal tariff design?” While we do not offer an answer […]
READ moreRisk and Responsibility Sharing in Nuclear Spent Fuel Management
Posted on January 6th, 2022 by tagadminWith the Nuclear Waste Policy Act of 1982, the responsibility of American utilities in the long-term management of spent nuclear […]
READ moreTaxation and the Extraction of Exhaustible Resources: Evidence From California Oil Production
Posted on January 6th, 2022 by tagadminRapid increases in oil prices in 2008 led some to call for special taxes on the oil industry. Because oil […]
READ moreUncertainty and Energy Saving Investments
Posted on January 6th, 2022 by tagadminEnergy costs are notoriously uncertain but what is the effect of this on energy saving investments? We find that real-option […]
READ moreSpeculation without Oil Stockpiling as a Signature: A Dynamic Perspective
Posted on January 6th, 2022 by tagadminAccording to the standard analysis of commodity prices, stockpiling is a necessary signature of speculation. This paper develops an approach […]
READ moreWhy and How the European Union Can Get a (Near To) Carbon-Free Energy System in 2050?
Posted on January 6th, 2022 by tagadminReducing the European Union GHG emissions by at least 80% by 2050 will require a near zero carbon electricity, road […]
READ moreModeling the Impact of Warming in Climate Change Economics
Posted on January 6th, 2022 by tagadminAny economic analysis of climate change policy requires some model that describes the impact of warming on future GDP and […]
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