Environmental Issues

Find papers and presentations on environmental issues generally, or specifically on the topics of climate change and renewable energy. 

Environmental Issues

Climate Change

Weiss, Jurgen, Ryan Hledik, Roger Lueken, Tony Lee, and Will Gorman. “Estimating the Value of Electricity Storage in PJM: Arbitrage and Some Welfare Effects.” Energy Economics 31, no. 2 (2020): 269-277. Publisher's VersionAbstract

Significant increases in prices and price volatility of natural gas and electricity have raised interest in the potential economic opportunities for electricity storage. In this paper, we analyze the arbitrage value of a price-taking storage device in PJM during the six-year period from 2002 to 2007, to understand the impact of fuel prices, transmission constraints, efficiency, storage capacity, and fuel mix. The impact of load-shifting for larger amounts of storage, where reductions in arbitrage are offset by shifts in consumer and producer surplus as well as increases in social welfare from a variety of sources, is also considered

Renewable Energy

Weiss, Jurgen. “Who's afraid of 100%?Utility Dive, 2020. Publisher's VersionAbstract
The articles describes 100% renewable/clean energy systems and argues that they may be less costly and easier to achieve than is often argued in the industry.
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