The Program on Energy and Sustainable Development is part of the Freeman Spogli Institute for International Studies.
Electricity
Scholarly Publications
Market Design in a Zero Marginal Cost Intermittent Renewable Future
June 2020
The basic features of an efficient short-term wholesale market design do not need to change to accommodate a significantly larger share of zero marginal cost intermittent renewable energy from wind...
Learning about Electricity Market Performance with a Large Share of Renewables from the COVID-19 Lock-Down
June 2020
We show that the negative demand shock due to the COVID-19 lock-down has reduced net-demand system demand less the amount of energy produced by intermittent renewables and net imports that must be...
An Experimental Comparison of Carbon Pricing Under Uncertainty in Electricity Markets
May 2020
We report on an economic experiment that compares outcomes in electricity markets subject to carbon-tax and cap-and-trade policies.
Other Publications
Economic Policy Challenges Facing California's Next Governor: Electricity Policy Reform
May 2020
Californians like to think of themselves as environmentally conscious and forward-thinking. The state’s energy and environmental policies reflect these sentiments.
Long-Term Resource Adequacy with Significant Intermittent Renewables
March 2020
The electricity supply industry in a low-carbon world will have over 50 percent share of intermittent renewables.
In California, a third-world solution to a first-world problem
October 2019
California’s decision to allow Pacific Gas and Electric (PG&E) to shut off electricity to hundreds of thousands of Californians because high winds and dry conditions may cause a downed...
News
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...
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