Scaling up renewable energy, such as wind and solar, goes hand-in-hand with the expansion of transmission infrastructure. The richest solar and wind renewable energy sites are often located far away from consumption centers or existing transmission networks. Unlike fossil fuel-based power...

Developing countries reject meaningful emission targets (recent intensity caps are no exception). This prevents the Kyoto Protocol from establishing a global price for greenhouse gas emissions and leaves almost all new emissions unpriced. This paper proposes a new pair of commitments – a...

The Kyoto Protocol’s approach of assigning emission targets, or “caps,” exacerbates problems with international cooperation and commitment. This has caused the developing countries, which account for the fastest growing half of emissions, to reject caps. Global carbon pricing addresses...

In an unregulated electricity generation market, the degree to which generators in" different locations compete with one another depends on the capacity to transmit electricity" between the locations. We study the impact of transmission capacity on competition among" generators. We show that...

Scaling up renewable energy, such as wind and solar, goes hand-in-hand with the expansion of transmission infrastructure. The richest solar and wind renewable energy sites are often located far away from consumption centers or existing transmission networks. Unlike fossil fuel-based power...

This report provides some practical guidance on how utilities can define their own smart grid vision, identify priorities, and structure investment plans. While most of these strategic aspects apply to any area of the electricity grid, the document focuses on the segment of distribution. The...

The development of wind-and solar-generating capacity is growing rapidly around the world as policy makers pursue various energy policy objectives. This paper will describe the challenges in integrating wind and solar generation, the lessons learned, and recommended strategies from both...