Browsing Center for Energy and Environmental Policy Research by Title
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Browsing Center for Energy and Environmental Policy Research by Title
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(MIT Center for Energy and Environmental Policy Research, 1992)The Hotelling Valuation Principle, that the in-situ value of a mineral unit equals the current net price, is a special case of a more general relation. Tested against a set of recent Canadian sales of oil and gas reserves, ...
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(MIT Center for Energy and Environmental Policy Research, 2005)Sharp price fluctuations and increasing environmental and distributional concerns, among other issues, have led to a renewed academic interest in energy demand. In this paper we estimate, for the first time in Spain, an ...
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(MIT Center for Energy and Environmental Policy Research, 2004)We analyze a number of unstudied aspects of retail electricity competition. We first explore the implications of load profiling of consumers whose traditional meters do not allow for measurement of their real time consumption, ...
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(MIT Center for Energy and Environmental Policy Research, 2009-10)Most US consumers are charged a near-constant retail price for electricity, despite substantial hourly variation in the wholesale market price. This paper evaluates the .rst program to expose residential consumers to hourly ...
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(MIT Center for Energy and Environmental Policy Research, 1996)The U.S. Energy Information Agency has recently published a report prepared by Petroconsultants, Inc. that addresses the cost of expanding crude oil production capacity in the Persian Gulf. A study on this subject is much ...
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(MIT Center for Energy and Environmental Policy Research, 2011-02)This article reviews the current experiences implemented to date in the South American region to promote non-conventional renewable energy sources. We briefly describe first the particular characteristics of the territory ...
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(MIT Center for Energy and Environmental Policy Research, 2005)The paper surveys the literature and publicly available information on market power monitoring in electricity wholesale markets. After briefly reviewing definitions, strategies and methods of mitigating market power we ...
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(MIT Center for Energy and Environmental Policy Research, 2010-06)With the Nuclear Waste Policy Act of 1982, the responsibility of American utilities in the long-term management of spent nuclear fuel was limited to the payment of a fee. This narrow involvement did not result in faster ...
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(MIT CEEPR, 2012-07)I examine the risk/return tradeoff for environmental investments, and its implications for policy choice. Consider a policy to reduce carbon emissions. To what extent does the value of such a policy depend on the expected ...
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(MIT Center for Energy and Environmental Policy Research, 2002)Since 1999, regional retail and wholesale gasoline markets in the United States have experienced significant price volatility, both intertemporally and across geographic markets. This paper focuses on one potential explanation ...
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(MIT Center for Energy and Environmental Policy Research, 2011-07)Recent increases in natural gas reserve estimates and advances in shale gas technology make natural gas a fuel with good prospects to serve a bridge to a low-carbon world. Russia is an important energy supplier as it holds ...
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(MIT Center for Energy and Environmental Policy Research, 1993)This paper gives the results of a semiparametric analysis of pollution effects on housing prices using the Boston Housing Data. The exposition introduces the basic ideas of modeling pollution impacts with hedonic price ...
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(MIT Center for Energy and Environmental Policy Research, 2006)This paper is about one aspect of Britain's electricity trading system, its advantages and its weaknesses concerning the incentives it provides or fails to provide for the location of generation. (Similar considerations ...
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(MIT Center for Energy and Environmental Policy Research, 1999)This paper analyzes short-run interfuel substitution between fossil fuels in West European power generation. The problem is studied within a restricted translog cost model, which is estimated by pooling time-series data ...
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(MIT Center for Energy and Environmental Policy Research, 2008)This paper focuses on the possibilities for short term abatement in response to a CO2 price through fuel switching in the European power sector. The model E-Simulate is used to simulate the electricity generation in Europe ...
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(MIT Center for Energy and Environmental Policy Research, 1993)Many observers claim that discounted cash-flow methods lead to a neglect of long-term and strategic decision-making. Using modern asset pricing methods, we examine one possible reason for this problem. If the cash-flows ...
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(MIT Center for Energy and Environmental Policy Research, 2006)Efficient regulation of the commons requires information about the regulated firms that is rarely available to regulators (e.g., cost of pollution abatement). Different mechanisms have been proposed for inducing firms to ...
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(MIT CEEPR, 2012-08)Two decades have passed Two decades have passed since the Clean Air Act Amendments of 1990 launched a grand experiment in market-based environmental policy: the SO2 cap-and-trade system. That system performed well but ...
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(MIT Center for Energy and Environmental Policy Research, 2009-10)This paper evaluates a pilot program run by a company called OPOWER, previously known as Positive Energy, to mail home energy reports to residential utility consumers. The reports compare a household’s energy use to that ...
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(MIT Center for Energy and Environmental Policy Research, 2011-08)Instead of efficiently pricing greenhouse gases, policy makers have favored measures that implicitly or explicitly subsidize low carbon fuels. We simulate a transportation-sector cap & trade program (CAT) and three policies ...
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