Publications

Working Paper
Green, Richard, and Iain Staffell. “The Contribution of Taxes, Subsidies and Regulations to British Electricity Decarbonisation,” Working Paper.Abstract

Great Britain’s carbon emissions from electricity generation fell by two-thirds between 2012 and 2019, providing an important example for other nations. This rapid transition was driven by a complex interplay of policies and events: investment in renewable generation, closure of coal power stations, raising carbon prices and energy efficiency measures. Previous studies of the impact of these simultaneous individual measures miss their interactions with each other and with exogenous changes in fuel prices and the weather. Here we use Shapley values, a concept from cooperative game theory, to disentangle these and precisely attribute outcomes (CO2 saved, changes to electricity prices and fossil fuel consumption) to individual drivers. We find the effectiveness of each driver remained stable despite the transformation seen over the 7 years we study. The four main drivers each saved 19–29 MtCO2 per year in 2019, reinforcing the view that there is no ‘silver bullet’, and a multi-faceted approach to deep decarbonisation is essential.

green_2021.pdf
Economy, Advanced Energy. “Putting Distributed Energy Resources in Wholesale Electricity Markets,” Working Paper. putting_distributed_energy_resources_to_work_in_wholesale_electricity_markets.pdf
Group, Advanced Energy Buyers. “Organized Wholesale Market and Corporate Advanced Energy Procurement-,” Working Paper. aee_aebg_-_wholesalemkts_1.19.21.pdf
2021
Hogan, William W.Demand Response and Order 745 Pricing Revisited.” In, 2021. Publisher's Version
Hogan, William W.ELECTRICITY MARKET DESIGN, 2021.” In, 2021. Publisher's Version
Hogan, William W.ELECTRICITY MARKET DESIGN: More on the Green Agenda and Carbon Pricing.” In, 2021. hogan-green_agenda_and_carbon_pricing-03.09.21.pdf
Hogan, William W.ELECTRICITY MARKET DESIGN: MULTI-INTERVAL PRICING MODELS” (2021). hogan-multi_period-06.22.2020.pdf
Strandable Costs in a Low Carbon World.” In, 2021. hepg_june_2021.pdf
Spees, Kathleen. “Stranded Fossil Fuel Infrastructure” (2021). 2021-06-02_-hepg_stranded_assets.pdf
Pat Wood, III. “FERC Order No. 2000 Revisited.” In, 2021. wood_hepg_042021.pdf
Dennis, Jeff. “The Future Role of Regional Transmission Organizations.” In, 2021. jeff_dennis_hepg_spring_21_slides.pdf
Doying, Richard. “Order 2000 Revisited: FERC Market Expansion and RTO Policy, Where Are We Now?” In, 2021. doying-hepg-beyong_rto_1000_for_posting.pdf
et al., Jesse Jenkins. “Net Zero America-Potential Pathways, Infrastructure, and Impacts.” In, 2021. nza_remarks_-_harvard_electricity_policy_group_2-3-21.pdf
Gramlich, Rob. “De-carbonization and the US Power Sector.” In, 2021. gramlich_hepg_decarbonization_feb_2021.pdf
Schmalensee, Richard. “Keeping Our Eyes on the Prize.” In, 2021. 2021-02-03_hepg_workshop.pdf
ISO, California. California ISO-Root Cause Analysis. California ISO, 2021.
Electricity Spot Market Design 2030-2050, 2021. Go to Publication
Weyant, John. “Some Contributions of Integrated Assessment Models of Global Climate Change.” Review of Environmental Economics and Policy 11, no. 1 (2021). reep_iam_article.pdf
Giberson, Michael. “Texas Power Failures: What Happened in February 2021 and What Can Be Done,” 2021. giberson_texas-power-failures-what-happened-what-can-be-done.pdf
Crampton, Peter. “Lessons from the 2021 Texas Electricity Crisis,” 2021. cramton-lessons-from-the-2021-texas-electricity-crisis-slides-short.pdf

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