Electricity

Scholarly Publications

Carbon in the classroom: Lessons from a simulation of California’s electricity market under a stringent cap and trade system

August 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...

Wind, Coal, and the Cost of Environmental Externalities

April 2013

AbstractWe compare the cost of generating electricity with coal and wind in Chile’s Central Interconnected System (SIC).

Cleaning Up Coal: From climate culprit to solution

July 2012

Other Publications

Gas-to-Power Value Chain

September 2018

Many countries with electricity shortages - such as Nigeria, Ghana, Mozambique, and Tanzania - have large gas reserves but face challenges developing gas for power.The gas-to-power value chain can...

Gas-fired generation in a high-renewables world

June 2018

Are gas and renewables good for each other, or are they on a collision course?  We explored this question using a multi-player, web-based game.

Retail Pricing to Support the 21st Century Distribution Grid

November 2017

Abstract As an increasing number of California households install solar panels, the current approach to retail electricity pricing makes it harder for the state’s utilities to recover their costs....

News

Wolak recommends "cost based" market for Hawaiian Electric Company

November 2018

On November 2 at the University of Hawaii, PESD Director Frank Wolak gave a special seminar "How Should the Public Utilities Commission Regulate Hawaiian Electric Company for Better Integration of...

PESD workshop tackles electricity market challenges in a highly-renewables world

October 2018

Program on Energy and Sustainable Development (PESD) Director Frank Wolak, Associate DIrector Mark Thurber, and doctoral candidate Trevor Davis led an Electricity Market Simulation Workshop as part...

Stanford course provides opportunity for students to see textbook methods in action

October 2015

The Freeman Spogli Institute for International Studies (FSI) and Office of International Affairs (OIA) launched a pilot collaboration last year to provide a rigorous, immersive teaching and...

Events

Energy Working Group: Shale Gas in China: Hype and Reality

May 9, 2012

In recent years, natural gas prices in the United States have gone from historic highs of over $12 per mmBtu in the summer of 2008, to under $2.50/mmBtu in 2012.

Energy Working Group: Supply Function Equilibrium and its Policy Implications for Wholesale Electricity Markets

November 4, 2011

PESD visiting scholar Pär Holmberg from the Research Institute of Industrial Economics (IFN), Stockholm led this Energy Working Group talk.

Transmission Policies to Unlock America's Renewable Energy Resources

September 15, 2011

On behalf of PESD, Stanford co-hosts PIE, TomKat, and SIEPR, and external sponsors Pillsbury Winthrop Shaw Pittman and the Kauffman Foundation, convened an all-day conference on September 15 on ...

Projects

Electricity Market Design

Meeting today’s most pressing energy challenges—controlling air pollution, reducing greenhouse gas emissions, integrating renewable energy, delivering modern energy services to populations that...
English

People

Frank Wolak PESD Director, Senior Fellow Professor, Economics
Mark C. Thurber Associate Director for Research
Trevor L. Davis Graduate Research Assistant
Akshaya Jha Faculty Affiliate