Renewable Energy
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How to Accelerate the Electric Vehicle Transition
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The United Nations Environment Programme has assessed that global emissions must drop 7.6% annually from 2020 through 2030 to achieve the Paris Climate Agreement’s goal of limiting temperature increases to 1.5 degrees Celsius above pre-industrial levels. A previous Chicago Policy Review article discussed the critical importance of transportation decarbonization to…
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The Geopolitics of Renewables: The World in 2050
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Renewable energy is increasingly popular as the urgency for climate action intensifies around the globe. Meanwhile, ongoing technological and economic challenges dominate the debate over the deployment of renewables, marginalizing the discussion of the geopolitical consequences of a renewables-heavy future. However, a research group sponsored by the International Renewable Energy…
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Increasing the value of energy storage in the wholesale electricity market
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The proliferation of renewable energy such as wind and solar power is rapidly changing the United States’ electrical grid. The growth of renewables has created a need for flexible resources capable of responding quickly to variability in electrical generation—a challenging characteristic of solar and wind power, but one that can…
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Energía Fotovoltaica en México: Buen Negocio, Poca Inversión
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En México se han implementado políticas públicas para promover el uso de energías renovables en la generación de electricidad. Sin embargo, en comparación con otros países, estos avances no han sido suficientes para potenciar su pleno desarrollo. En particular, la energía fotovoltaica en México es un mercado muy atractivo para…
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Electricity in Transition: Renewables in Developing Countries
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The energy sector is undergoing a major transformation, becoming more decentralized and more interactive than ever before. Growing numbers of independent renewable generators are changing consumer behavior and posing challenges for current utilities. Renewable energy micro-grids—localized, discrete renewable energy power generation systems, independent from traditional grids—have been widely praised for…
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Islas sustentables: cómo transitar de los combustibles fósiles a las energías renovables
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A diferencia de lo que sucede en la política, en el ámbito científico hay consenso sobre la existencia del cambio climático como consecuencia de la acción humana. En particular, las islas son más propensas a sufrir los efectos del aumento en la temperatura terrestre, y actualmente 11% de la población…
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Evaluating the entire cost of renewable energy sources
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New evidence of a “not in my backyard” attitude, illustrated in a recent study, conflicts with the conception of the inevitability of renewable energy sources as most important future sources of energy.
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Opt-In, Opt-Out Options Vie for Top Billing in Efforts to Reduce Electricity Use
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A 2011 pilot program found that when customers opted-in to electricity rates that vary by time of day, they reduced their peak-hour electricity use.
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The Cost of Wind Energy: Tradeoffs between Energy Storage and Transmission
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New research finds that transmission costs must be at least $600/MW-km and energy storage must cost at most $100/kW h in order for wind energy storage to be economical.
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Short-Circuiting: Budgeting Instability Reduces Alternative Energy Innovation
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Instability in federal alternative energy investment is shown to reduce innovation in the sector.
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What Drives Oil and Gas Company Stock Prices?
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To what extent do changing energy policies contribute to the volatility in oil and gas companies’ stock returns?