Learning from supply shocks in the energy market : evidence from local and global impacts of the shale revolution
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Other Contributors
Massachusetts Institute of Technology. Institute for Data, Systems, and Society.
Technology and Policy Program.
Massachusetts Institute of Technology. Department of Electrical Engineering and Computer Science.
Advisor
Christopher R. Knittel.
Terms of use
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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).
Date issued
2020Department
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 ProgramPublisher
Massachusetts Institute of Technology
Keywords
Institute for Data, Systems, and Society., Technology and Policy Program., Electrical Engineering and Computer Science.