Recent Publications

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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....

High Frequency Evidence on the Demand for Gasoline

October 2017

Daily city-level expenditures and prices are used to estimate the price responsiveness of gasoline demand in the United States.

Rural energy access through solar home systems: Use patterns and opportunities for improvement

April 2017

Abstract Solar photovoltaic (PV) products are touted as a leading solution to long-term electrification and development problems in rural parts of Sub-Saharan Africa.

The costs of fossil-free development

March 2017

Climage change is a serious global threat with impacts that are already being felt.

Electricity Market Design and Renewables Integration in Developing Countries

February 2017

This paper identifies the key features of successful electricity market designs that are particularly relevant to the experience of low-income countries.

Diagnosing the Causes of the Recent El Niño Event and Recommendations for Reform

December 2016

In this report we identify the key drivers of observed market outcomes in the Colombian electricity supply industry during the fourth quarter of 2015 and first quarter of 2016, the time period...

Assessing the Impact of the Diffusion of Shale Oil and Gas Technology on the Global Coal Market

September 2016

A spatial equilibrium model of the world coal market is developed that accounts for coal to natural gas switching in the electricity sector in the United States and Europe, the potential for China...

Why Isn't Natural Gas in India's Climate Strategy?

September 2016

Level versus Variability Trade-offs in Wind and Solar Generation Investments: The Case of California

August 2016

Hourly plant-level wind and solar generation output and real-time price data for one year from the California ISO control area is used to estimate the vector of means and the contemporaneous...

Designing Nonlinear Price Schedules for Urban Water Utilities to Balance Revenue and Conservation Goals

August 2016

This paper formulates and estimates a household-level, billing-cycle water demand model under increasing block prices that accounts for the impact of monthly weather variation, the amount of...

Freight Rail Costing and Regulation: The Uniform Rail Costing System

March 2016

Railroad regulation in the post-Staggers Act regime compares the revenues earned to a measure of the “variable cost” of the shipment.

The Global Coal Market: Supplying the Major Fuel for Emerging Economies

August 2015

Coal has been the world's fastest-growing energy source in absolute terms for over a decade.

Simulating the interaction of a renewable portfolio standard with electricity and carbon markets

May 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.

US and China Cooperation on Climate Policy Design

July 2014

Significant political barriers to implementing na- tional climate policies exist in both the US and China.

A Revenue Neutral Carbon Tax for Stanford (Not Divesting Coal)

May 2014

Last week, Stanford's Board of Trustees announced that the university would not directly invest funds from its endowment in coal mining companies.

Frank Wolak: Tight electricity regulation only sensible option

April 2014

The desire to "reboot" the New Zealand electricity supply industry is understandable, but it is almost certainly not the best course of action.

‘Oorja’ in India: Assessing a large-scale commercial distribution of advanced biomass stoves to households

April 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....

California climate policy: Showing the way for the world

December 2013

With the continued successful operation of its greenhouse gas emissions market, California can become a global leader in the design and implementation of regional carbon polices.

The Economic and Environmental Benefits of Integrating International Coal and Natural Gas Markets

October 2013

Unconventional natural gas and the technologies developed to extract it in the U.S.

To Promote Adoption of Household Health Technologies, Think Beyond Health

October 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...

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...

Be Part of the Solution

April 2013

If regulators and utilities want to avoid future consumer backlash from smart grid investments, they should adopt retail pricing policies best suited to maximizing the consumer benefits from smart...

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).