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Newell, Richard G. - 2014

We explore the principal trends that are shaping the future landscape of energy supply, demand, and trade. We take a long-term view, assessing trends on the time scale of a generation by looking 25 years into the past, taking stock of the current situation, and projecting 25 years into the...

Persistent link: https://www.econbiz.de/10013064119

Global Energy Outlook 2015

Newell, Richard G. - 2016

This paper assesses trends in the global energy sector through 2040 by harmonizing multiple projections issued by private, government, and inter-governmental organizations based on methods from “Global Energy Outlooks Comparison: Methods and Challenges” (Newell and Qian 2015). These...

Persistent link: https://www.econbiz.de/10012996882

Costly Blackouts? Measuring Productivity and Environmental Effects of Electricity Shortages

Fisher-Vanden, Karen - 2014

In many countries, unreliable inputs, particularly those lacking storage, can significantly limit a firm's productivity. In the case of an increasing frequency of blackouts, a firm may change factor shares in a number of ways. It may decide to self generate electricity, to purchase intermediate...

Persistent link: https://www.econbiz.de/10013066850

The Economics of Energy Security

Metcalf, Gilbert E. - 2013

Energy security is the ability of households, businesses, and government to accommodate disruptions in supply in energy markets. This survey considers the economic dimensions of energy security, political and other non-economic security concerns and discusses policy approaches that could enhance...

Persistent link: https://www.econbiz.de/10013071794

Federal Tax Policy Towards Energy

Metcalf, Gilbert E. - 2007

incentives. In particular, I make a rough calculation of the impact of tax incentives for domestic oil production on world oil … supply and prices and find that the incentives for domestic production have negligible impact on world supply or prices … despite the United States being the third largest oil producing country in the world. Finally, I present results from a model …

Persistent link: https://www.econbiz.de/10012778276

Innovation-Led Transitions in Energy Supply

Lemoine, Derek - 2017

I generalize a benchmark model of directed technical change to allow innovations and factors of production (here energy resources) to be substitutes or complements. I show that a dominant sector is forever locked-in under substitutability but researchers' market incentives can drive a transition...

Persistent link: https://www.econbiz.de/10012955939

Why Has China Overinvested in Coal Power?

Ren, Mengjia - 2019

Since 2005, the Chinese government has engaged in an ambitious effort to move China's energy system away from coal and towards more environmentally friendly sources of energy. However, China's investment in coal power has accelerated sharply in recent years, raising concerns of massive...

Persistent link: https://www.econbiz.de/10012895007

Estimating Path Dependence in Energy Transitions

Meng, Kyle - 2016

What induces clean energy transitions? When transitional dynamics exhibit strong path dependence, a temporary shock to input composition can trigger permanent structural change. I examine whether such dynamics characterize the U.S. electricity sector's use of coal - the most climate-damaging...

Persistent link: https://www.econbiz.de/10012984756

California'S Electricity Crisis

Joskow, Paul L. - 2021

This paper discusses the political, regulatory and economic factors that led to California's electricity crisis in 2000 and 2001. It begins with a discussion of the origins of California's electricity restructuring and competition programs. It then discusses the structure of the wholesale and...

Persistent link: https://www.econbiz.de/10013218084

Demand and Pricing in Electricity Markets : Evidence from San Diego During California'S Energy Crisis

Reiss, Peter C.; White, Matthew W. - 2021

We study the electricity consumption of San Diego-area households following a series of price changes and related events during California's energy crisis in 2000-01. The analysis uses a five-year panel of disaggregate billing and weather data for a random sample of 70,000 households. In...

Persistent link: https://www.econbiz.de/10013248389

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