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Public Policy Analysis

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Jim Sweeney discusses California climate strategy and funding for energy research in the Trump era

Leadership on fighting climate change in the United States is located outside the federal government now in state and local governments, companies, universities, and non-governmental organizations, James Sweeney tells Michael Killen in this interview on KZSU Stanford Radio 90.1 FM. Sweeney also addressed resilience to climate change, the economics of energy efficiency, and a controversy about research finding that 100% of U.S.

Killen Report: Insights From Silicon Valley Energy Summit 2017 at Stanford

Lynn Orr of Stanford's School of Earth, Energy & Environmental Sciences and Alice Hill of the Hoover Institution spoke at SVES 2017 on what to expect from the Trump administration on energy and environment. California artist and talkshow host Michael Killen asks the two speakers what they thought the three most important takeaways were from their panel discussion. Michael's painting for SVES 2017 is in the background. From The Killen Report TV program.

Deconstructing the "Rosenfeld Curve"

Since the early 1970s, electricity consumption per capita in California has stayed nearly constant, while rising steadily for the United States as a whole. In the context of global energy policy making today, where both climate and energy security concerns play an increasingly large role, it is important to understand the factors behind California’s success in stabilizing electricity consumption.

Energy Economics and Policy, Stochastic Modeling of Electric Systems

This body of work is dedicated to the modeling and assessment of initiatives within electricity markets using the underlying hourly market dynamics. We present two separate frameworks that take a bottom-up approach for assessing benefits associated with various demand-side initiatives and other emerging initiatives in power markets. We develop and present models in support of each framework, and numerical results are used to highlight some impacts based on hourly dynamics.

Designing Mechanisms to Involve Financial Demand in Wholesale Electricity Markets

This paper reports on the results of a dynamic pricing experiment that compares the performance of three popular pricing programs–hourly pricing, critical peak pricing, and critical peak-pricing with a rebate–for a representative sample from the population of households in the District of Columbia. The sampled households differ in terms of their income levels, electricityusing appliance holdings and whether they own a smart thermostat.

Intertemporal Incentives for Carbon Abatement:Combining Market and Nonmarket Forces

Summary. This project investigates important dynamic aspects of the regulator’s problem of implementing ambitious carbon abatement goals over a 20 to 40-year horizon, given a rational response of the private sector to boundary conditions set by the regulator. The new aspects investigated in this study include regulatory commitment, carbon-allowance trading with banking, irreversible investment in R&D, and the design of derivative carbon securities.

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