Can Digitalization Improve Public Services? Evidence from Innovation in Energy Management

Posted on December 20th, 2023 by Tony Tran

This paper examines how digitalization impacts public service provision through a study of the U.S. power sector. We exploit the […]

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Research Commentary: FERC Order 2023: Will it Unplug the Bottleneck?

Posted on December 7th, 2023 by Tony Tran

The average wait for a new generation project to interconnect to the grid continues to rise, with the median time […]

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Implications of the Inflation Reduction Act on Deployment of Low-Carbon Ammonia Technologies

Posted on November 16th, 2023 by Tony Tran

Building on the stochastic economic analysis of the plant-level ammonia production (AP) model, this study comprehensively considers key low-carbon AP […]

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Designing Incentive Regulation in the Electricity Sector

Posted on November 14th, 2023 by Tony Tran

In industries with extensive infrastructure needs and pronounced scale economies, consumers can be better served by well-designed regulation than by […]

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Consequences of the Missing Risk Market Problem for Power System Emissions

Posted on November 6th, 2023 by Tony Tran

Financial risk is a central concern for investors in electricity technologies. Investors are both risk-averse and unable to optimally manage […]

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Research Commentary: Is Net-Zero a Possible Solution to the Climate Problem?

Posted on October 30th, 2023 by Tony Tran

I have noted that many observers of climate policy do not believe that the widely adopted policy of Net-zero emissions […]

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Learning in Repeated Multi-Unit Pay-As-Bid Auctions

Posted on October 5th, 2023 by Tony Tran

Motivated by Carbon Emissions Trading Schemes, Treasury Auctions, Procurement Auctions, and Wholesale Electricity Markets, which all involve the auctioning of […]

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Online Learning in Multi-unit Auctions

Posted on October 5th, 2023 by Tony Tran

We consider repeated multi-unit auctions with uniform pricing, which are widely used in practice for allocating goods such as carbon […]

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Improving Predictability of Wind Power Generation Using Empirical Data

Posted on September 26th, 2023 by Tony Tran

Wind energy plays an important role in decarbonizing the economy and increasingly accounts for a growing share of electricity supply […]

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Sustainability Analytics: Meeting Carbon Commitments Most Efficiently

Posted on September 7th, 2023 by Tony Tran

What makes a sustainable company a sustainable company? More and more companies are setting seemingly ambitious net-zero targets for their […]

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Economic Implications of the Climate Provisions of the Inflation Reduction Act

Posted on August 28th, 2023 by Tony Tran

The Inflation Reduction Act (IRA) represents the largest federal response to climate change to date. We highlight the key climate […]

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Another Source of Inequity? How Grid Reinforcement Costs Differ by the Income of EV User Groups

Posted on July 27th, 2023 by Tony Tran

The power demand for electric vehicles in future mobility scenarios may lead to peaks and overloads threatening grid stability. The […]

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Research Commentary: Comments on Draft Revisions to OMB Circulars A-4 and A-94

Posted on July 17th, 2023 by Tony Tran

The Office of Information and Regulatory Affairs (OIRA) issued draft Circulars A-4 and A-94 for public comment earlier this year.  […]

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Cost-Efficient Pathways to Decarbonizing Portland Cement Production

Posted on July 7th, 2023 by Tony Tran

Accounting for nearly 8% of global annual carbon dioxide (CO2) emissions, the cement industry is considered difficult to decarbonize. While […]

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Climate Impacts of Bitcoin Mining in the U.S.

Posted on June 13th, 2023 by Tony Tran

Opinions regarding the climate impacts of Bitcoin mining deviate fundamentally between scholars and Bitcoin proponents. We validate arguments from both […]

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Research Commentary: The EU Commission’s Proposal for Improving the Electricity Market Design: Treading Water, But Not Drowning

Posted on May 8th, 2023 by Tony Tran

On March 14, 2023, the European Commission (EC) published the much awaited “Proposal for a regulation (…) to improve the […]

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Redistribution Through Technology: Equilibrium Impacts of Mandated Efficiency in Three Electricity Markets

Posted on April 25th, 2023 by Tony Tran

We consolidate, generalize, and expand on a set of price-theory results to measure consumer benefits from technologies that improve the […]

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Advances in Power-to-Gas Technologies: Cost and Conversion Efficiency

Posted on April 12th, 2023 by Tony Tran

Widespread adoption of hydrogen as an energy carrier is widely believed to require continued advances in Power-to-Gas (PtG) technologies. Here […]

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Impacts of Rainfall Shocks on Out-migration in Türkiye are Mediated More by Per Capita Income than by Agricultural Output

Posted on March 22nd, 2023 by Tony Tran

Rural populations are particularly exposed to increasing weather variability, notably because of agriculture. In this paper, we exploit longitudinal data […]

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The Role of State Investment Banks for Renewable Energy Technologies in OECD Countries

Posted on March 14th, 2023 by Tony Tran

To mitigate climate change, governments use various policy instruments to support low-carbon technologies. In many cases, state investment banks (SIBs) […]

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Exploring a Suitable Business Model for Nuclear Batteries

Posted on March 8th, 2023 by Tony Tran

The ‘nuclear battery’ is a new concept for delivering nuclear powered heat and electricity. Their small scale and portability enable […]

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Money (Not) to Burn: Payments for Ecosystem Services to Reduce Crop Residue Burning

Posted on February 22nd, 2023 by Tony Tran

Particulate matter significantly reduces life expectancy in India. We use a randomized controlled trial in the Indian state of Punjab […]

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Power Price Crisis in the EU 3.0: Proposals to Complete Long-Term Markets

Posted on February 13th, 2023 by Tony Tran

On the 23rd of January 2023, the European Commission launched a public consultation on the reform of the EU’s electricity […]

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Research Commentary: Calls for an Electricity Market Reform in the EU: Don’t Shoot the Messenger

Posted on February 6th, 2023 by Tony Tran

The ongoing energy crisis has severely hit energy consumers in Europe. Although it is a gas crisis, the existing electricity […]

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Accelerating Electric Vehicle Charging Investments: A Real Options Approach to Policy Design

Posted on February 1st, 2023 by Tony Tran

Replacing conventional cars and trucks with battery electric vehicles requires a rapid expansion of fast-charging infrastructure. However, private sector charging […]

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Research Commentary: Economy-Wide Decarbonization Requires Fixing Retail Electricity Rates

Posted on January 18th, 2023 by Tony Tran

Absent fundamental reform of retail electricity rates, economy-wide electrification will be substantially more difficult than necessary. In this Research Commentary, […]

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The Macroeconomic Impact of Europe’s Carbon Taxes

Posted on January 17th, 2023 by Tony Tran

We estimate the macroeconomic impacts of carbon taxes on GDP and employment growth rates using 30 years of data on […]

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How Much Are Electric Vehicles Driven? Depends on the EV

Posted on January 5th, 2023 by Tony Tran

We use the 2017 National Household Travel Survey to investigate whether all-electric vehicles (EVs) are driven less than their counterfactual […]

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