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Publications

Viewing all publications in Electricity
  • Rate Design and Distributed Energy Resource Integration: Impacts on the Environment and Distribution System Costs Cover

    Rate Design and Distributed Energy Resource Integration: Impacts on the Environment and Distribution System Costs

    This project looks at the effects of different retail tariff designs on the deployment of distributed energy resource (DERs), and their subsequent effect on pollution, electric system costs, and customer bills. We use smart-meter data and techno-economic models to simulate the effects of more granular and cost-reflective tariff designs on DER investment and use.

    This project is supported by the Alfred P. Sloan Foundation, and is a collaboration between the Institute for Policy Integrity, Environmental Defense Fund, and the MIT Energy Initiative.

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  • Building a New Grid Without New Legislation Cover

    Building a New Grid Without New Legislation

    A Path to Revitalizing Federal Transmission Authorities

    In the absence of legislation, critical long-distance transmission can be developed by applying existing federal legal authorities. A number of important regulatory and commercial measures have been proposed, including streamlining transmission planning, upgrading existing transmission system components, putting transmission lines underground, and using existing rights-of-way from highways and railroads. Even if these solutions are adopted, however, state siting requirements may prove an important obstacle to developing an efficient, national transmission grid. So, this paper examines legal authorities already available to the Department of Energy and the Federal Energy Regulatory Commission to develop the interstate transmission capacity crucial to the energy transition.

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  • Harmonizing States' Energy Utility Regulation Frameworks and Climate Laws Cover

    Harmonizing States’ Energy Utility Regulation Frameworks and Climate Laws

    A Case Study of New York

    Unless the institutional framework and laws pertaining to fossil fuels are modified appropriately, decarbonization efforts will likely be stymied by confusion and related opportunities for opposition. This article, published in the Energy Law Journal, aims to start a wider conversation about the process of conforming existing energy law with novel, climate-oriented legislation. We concentrate on New York’s situation to illustrate how these tensions can manifest and what might be done to address them. 

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  • Efficiency in Wholesale Electricity Markets: On the Role of Externalities and Subsidies Cover

    Efficiency in Wholesale Electricity Markets: On the Role of Externalities and Subsidies

    Published in Energy Economics

    In our article published in Energy Economics, we use economic modeling to analytically show the relationship between generation subsidies and energy and capacity markets. We show that the feared capacity price suppression can happen only under limited circumstances and that in the short-run, the subsidies will tend to increase capacity prices. We also demonstrate that while subsidies cannot produce the first-best outcomes, there exists a range of welfare-enhancing subsidy rates and designs that improve welfare, such that regulators should think of subsidies as one of the tools available for increasing electricity market efficiency.

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  • A Path Forward for the Federal Energy Regulatory Commission Cover

    A Path Forward for the Federal Energy Regulatory Commission

    Near-Term Steps to Address Climate Change

    The Federal Energy Regulatory Commission should take an active role in better aligning regulatory practices with climate policies, speeding up development of necessary transmission infrastructure, and reforming energy market rules. This report details the specific policy reforms that federal policymakers should pursue to take advantage of important opportunities energy markets can provide to combat climate change while ensuring an economically efficient and speedy clean energy transition.

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