Battery storage technologies have developed to the point that some are mature enough to serve as a generation resource. However, whether a battery can generate profits by interacting solely in energy markets is unclear. Meanwhile, FERC order 784 requires electricity exchange markets in the U.S....

Demand response (DR) programs have recently become popular means of mitigating excessive claims on regional electricity networks and providing more reliable access to electric power. Many countries have experimented with DR pilot programs and some are beginning to incorporate similar schemes as...

Regulatory capture can generate significant social and economic costs, particularlyin dangerous occupations. In this article I evaluate whether political influence hasallowed firms to systematically evade safety and health regulations using data from oneof the country’s most dangerous...

Negative policy spillovers can undermine the social effectiveness of well-intentioned regulations. We evaluate whether environmental regulations that shifted electricity generation from coal to natural gas, reducing emissions, had an effect on electricity price volatility. We use emergency...

Many important electricity policy initiatives would directly affect the operation of electric power networks. This paper develops a method for estimating short-run zonal supply curves in transmission-constrained electricity markets that can be implemented quickly by policy analysts with training...

The group of elements known as the rare earth elements (REEs) is comprised of the 15 lanthanides. REEs are used in a number of technologies including catalysts for automobiles and petroleum refining, magnets for wind turbines and defense technologies, and phosphors in lighting and computer and...

Transmission economics remains a difficult area. Market forces alone are generally felt to be insufficient for signaling investment due to appropriability problems and the challenges of “parallel (loop) flow.” Further, there is no generally recognized method of estimating the value of...