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Working Paper

Ognen Stojanovski, Mark Thurber, Frank Wolak, George Muwowo, Kat Harrison
Program on Energy and Sustainable Development, 2018

Solar lanterns are promoted across rural Sub-Saharan Africa to improve both lighting in homes and educational outcomes. We undertake a randomized controlled trial in Zimba District, Zambia, to evaluate whether solar lanterns help children study more effectively and improve academic performance. Our research design accounts for potential income effects arising from the giveaways of lanterns and also “blinds” participants to the study’s purpose.

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Working Paper

Ognen Stojanovski, Gordon Leslie, Frank Wolak, Juan Enrique Huerta Wong, Mark C. Thurber
SSRN, 2018

Abstract

We undertake a field experiment that delivers information on electricity pricing to randomly-selected households in Puebla, Mexico. The 20-minute, in-person intervention educated households on how their electricity use translates into pesos on their electricity bill.

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Working Paper

Ekaterina Moiseeva, Mohammad Reza Hesamzadeh, Derek W. Bunn, Darryl R. Biggar
2018

The ability of an electricity-generating firm with market power to influence the market price depends strongly on the volume the firm has pre-sold in the forward, or hedge, markets. However, the choice of hedge level may be a strategic decision in itself. In this analysis we show that the profit-maximizing choice of the hedge level depends on the extent to which the hedge price varies with the firms hedging decision, which relates to the transparency of the forward market. A lack of transparency results in the hedge price being independent of the firms hedge level.

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Journal Article

Ognen Stojanovski, Mark C. Thurber, Frank Wolak
Energy for Sustainable Development, Volume 37, 2017
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Book

Mark C. Thurber, Mark C. Thurber, Richard K. Morse
Cambridge University Press, 2015

Coal has been the world's fastest-growing energy source in absolute terms for over a decade. Coal also emits more CO2 than any other fossil fuel and contributes to serious air pollution problems in many regions of the world. If we hope to satisfy the demand for affordable energy in emerging economies while protecting the environment, we need to develop a keen understanding of the market that supplies coal. This book offers an in-depth analysis of the key producers and consumers that will most influence coal production, transport, and use in the future.

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Journal Article

Mark C. Thurber, Trevor L. Davis, Frank A. Wolak
The Electricity Journal, 2015

The authors ran a game-based simulation of an electricity market with both an RPS and a cap-and-trade market for greenhouse gas emissions allowances. High renewable energy shares reduced and shifted the output of thermal units and pushed down both electricity and carbon prices. The markets for renewable energy, carbon allowances, and spot and forward electricity interacted in complex ways that are relevant to the behavior of actual markets.

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Journal Article

Mark C. Thurber, Himani Phadke, Sriniketh Nagavarapu, Gireesh Shrimali, Hisham Zerriffi
Energy for Sustainable Development, 2014

Replacing traditional stoves with advanced alternatives that burn more cleanly has the potential to ameliorate major health problems associated with indoor air pollution in developing countries. With a few exceptions, large government and charitable programs to distribute advanced stoves have not had the desired impact.

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Journal Article

Mark C. Thurber, Mark C. Thurber, Christina Warner, Lauren Platt, Xander Slaski, Rajesh Gupta, Grant Miller
American Journal of Public Health, 2013

Health risks from poor malaria control, unsafe water, and indoor air pollution are responsible for an important share of the global disease burden—and they can be addressed by efficacious household health technologies that have existed for decades. However, coverage rates of these products among populations at risk remain disappointingly low. We conducted a review of the medical and public health literatures and found that health considerations alone are rarely sufficient motivation for households to adopt and use these technologies.

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Journal Article

Mark C. Thurber, Frank Wolak
The Electricity Journal, 2013

This paper summarizes the lessons learned from implementing a realistic, game-based simulation of California’s electricity market with a cap-and-trade market for greenhouse gas (GHG) emissions and fixed-price forward financial contracts for energy. Sophisticated market participants competed to maximize their returns under stressed (high carbon price) market conditions. Our simulation exhibited volatile carbon prices that could be influenced by strategic behavior of market participants.

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Working Paper

Alexander Galetovic, Cristián M. Muñoz
Program on Energy and Sustainable Development, 2013

Abstract

We compare the cost of generating electricity with coal and wind in Chile’s Central Interconnected System (SIC). Our estimates include the cost of marginal damages caused by coal plant emissions.

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