Learning from supply shocks in the energy market : evidence from local and global impacts of the shale revolution
Name
1191659788-MIT.pdf
Size
2.59 MB
Format
Adobe PDF
Checksum (MD5)
93008bb72b65329bc2e237704a89b6b3
Author(s)
Ozaltun, Bora.
Advisor(s)
Christopher R. Knittel.
Date Issued
2020
Publisher
Massachusetts Institute of Technology
Abstract
In this thesis, we carry out three studies of the local and global impacts of supply shocks in energy markets, and also analyze certain properties of these markets. First, the relationship between US power plants and local air pollution is assessed from 2003 to 2016, by exploiting the information provided by the large deviations that occurred during that period due to the shale revolution. Next, fossil fuel trade is analyzed from a networks perspective, quantifying its properties. Finally, a general equilibrium model of fossil fuel trade is constructed to simulate the impact of a supply shock to a given country and in order to understand the impact of the shale revolution.
Description
Thesis: S.M. in Technology and Policy, Massachusetts Institute of Technology, School of Engineering, Institute for Data, Systems, and Society, May, 2020
Thesis: S.M., Massachusetts Institute of Technology, Department of Electrical Engineering and Computer Science, May, 2020
Cataloged from the official PDF of thesis.
Includes bibliographical references (pages 97-100).
Subjects
Institute for Data, Systems, and Society.
Technology and Policy Program.
Electrical Engineering and Computer Science.
MIT Department
Massachusetts Institute of Technology. Institute for Data, Systems, and Society
Massachusetts Institute of Technology. Department of Electrical Engineering and Computer Science
Massachusetts Institute of Technology. Engineering Systems Division
Technology and Policy Program
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MIT theses may be protected by copyright. Please reuse MIT thesis content according to the MIT Libraries Permissions Policy, which is available through the URL provided.
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