Some simple spreadsheet math suggests the outage cost about 100,000 MWh. What does that mean in $$? There’s been a lot of discussion about the potential economic losses due to … Continue Reading Measuring the Economic Costs of the PG&E Outages
A new book explores the precipitous decline. One of the most remarkable trends in energy economics over the last 50 years is the tremendous reduction in solar photovoltaic (PV) prices. … Continue Reading What Drove Solar PV Price Reductions?
Electricity can provide more than we think. People talk a lot about the potential benefits of bringing electricity to some of the billion homes in the world that do not … Continue Reading Are We Looking for the Benefits of Rural Electrification in the Wrong Places?
A recent working paper highlights the importance of accounting for environmental protection in measures of GDP. Last November, I gained new appreciation for clean air. It wasn’t because I went … Continue Reading A Better Way to Measure Economic Growth
Addressing, and even measuring, EJ is harder than it looks. Lots of people are talking about environmental injustice – from the Flint drinking water crisis to claims that cap-and-trade policies … Continue Reading An Economic Perspective on Environmental Justice
A recent experience with Uber/Lyft brought home the limits of market incentives. Max has been dreaming about a clean, autonomous future. Meanwhile, Uber and Lyft are both talking about initial … Continue Reading How Should We Regulate Safety for Autonomous Vehicles?
(Today’s post is co-authored with Susanna Berkouwer, a Ph.D. candidate at the Energy Institute.) A UC Berkeley-based engineering team thinks the answer is “yes.” Many of us are in the … Continue Reading Can Cell Phones Help Improve Electricity Reliability?