Microgrids are now emerging from lab benches and pilot demonstration sites into
commercial markets, driven by technological improvements, falling costs, a proven track …

Many US states have taken significant action on climate change in recent years,
demonstrating their commitment despite federal policy gridlock and rollbacks. Yet, there is …

We present an architecture for peer-to-peer energy markets which can guarantee that
operational constraints are respected and payments are fairly rendered, without relying on a …

Many economists have long held that carbon pricing—either through a carbon tax or cap-
and-trade—is the most cost-effective way to decarbonize energy systems, along with …

Abstract Distributed energy resources (“DERs”) are being adopted throughout the world.
Aggregators are lauded by some as critical in enabling DERs to provide these valuable …

In this paper we employ a dataset of three dimensions—state, sector, and year—to estimate
the short-and long-run price elasticities of state-level electricity demand in the United States …

Economics provides policymakers guidance when they must depart from efficient pricing
(equal to societal marginal cost) to cover an electric utility profit shortfall. Options include …

Our paper investigates the effect of wind and utility-scale solar electricity generation on
wholesale electricity prices in Australia over 2010–2018. We use both high frequency (30 …

Economists favor pricing pollution in part so that consumers face the full social marginal cost
(SMC) of goods and services. But even absent externalities, retail electricity prices typically …

Scholars have recently argued that startups and incumbents play differential roles in the
disruptive transformations of industries toward sustainability and that the transformations are …