Using electricity prices to curb industrial pollution

Submitted by Hang Yin on

In this study, we show that changes in electricity prices in China have significant environmental consequences through its effect on industrial pollution emissions concentrations. To investigate this relationship, we pair a novel dataset of hourly smokestack-level pollutant emissions of industrial plants in Anhui, China with changes in hourly electricity prices. Using a difference-in-differences (DID) regression model, we find that pollution emissions from these plants have an inverse relationship with electricity prices.

Energy, Policy Design

Temperature effects on mortality and household adaptation: Evidence from China

Submitted by Hang Yin on

This paper examines the effects of extreme temperatures on mortality rates, using random year-to-year variation in temperature based on county-level panel data from China. The analysis finds a robust, U-shaped relationship between temperature and mortality rates, indicating that extremely cold or hot temperatures lead to excess deaths. The heat-related (cold-related) effect is 3.5 times (3.2 times) as large as previous findings that used U.S. data, and it is especially large for the elderly population, mainly due to excess deaths caused by cardiovascular diseases.

Energy, Policy Design

Costos Económicos de las Externalidades Ambientales del fracking: un análisis de metaregresión y algunas implicaciones para Colombia

Submitted by Manuela Fonseca on

La cuantificación monetaria de las externalidades ambientales derivadas de la explotación de hidrocarburos no convencionales que utiliza la técnica de fracturación hidráulica o fracking muestra una alta variabilidad pues sus costos no están unívocamente determinados. En este documento desarrollamos un análisis de metarregresión sobre los posibles efectos económicos atribuibles a la proximidad de entornos que puedan verse afectados ambientalmente por el fracking.

Energy

Fuel saving strategies in the Andes: Long-term impacts for Peru, Colombia and Ecuador.

Submitted by Manuela Fonseca on

Crude oil exports and imports play a crucial role in the trade balance of Peru, Colombia and Ecuador. These countries are looking into fossil fuel saving measures as a way to deal with increasing demands and decreasing oil production rates. However, studies about the long-term effects of these measures is lacking.

Energy

Forward contracts in electricity markets and capacity investment: A simulation study

Submitted by Manuela Fonseca on

This simulation study analyzes the effect of the introduction of forward markets to mitigate cyclical price behavior in electricity markets from a dynamic extended Cobweb model. We pay particular attention to the effect of lags in investment decisions and the effect of not fully replacing retired capacity in electricity markets. In line with previous research, the introduction of forward markets decreases price variability in comparison to a spot market.

Energy

Implicaciones de política del Acuerdo de París en la planeación del sistema eléctrico de Colombia

Submitted by Manuela Fonseca on

Este documento analiza la incidencia de la política climática internacional en la planeación y el desarrollo del sistema eléctrico de Colombia. Particularmente, estudia las implicaciones que tendría el cumplimiento de las contribuciones nacionalmente determinadas (NDC) presentadas en el Acuerdo de Paris sobre el Sistema Interconectado Nacional.

Energy

The Shale Gas Boom in the US: Productivity Shocks and Price Responsiveness

Submitted by Hang Yin on
EfD Authors:

Many studies have been focusing on the impact of the shale gas boom on our society, but the reverse relationship is not well documented. The objective of this paper is to examine the impact of oil and gas prices on shale gas drilling activities. We analyze the well-level production data from all major producing shale gas plays in the United States (US) and identify a major productivity shock in 2009. We then estimate the price elasticity of shale gas drilling using the econometric methods.

Energy

Are renewable energy subsidies in Nepal reaching the poor?

Submitted by Ishita Datta on
EfD Authors:

The Government of Nepal has been providing subsidies to promote biogas technology since the 1970s and Solar Home Systems (SHS) since the 1990s. This study uses nationally representative survey data to examine the extent to which these subsidies benefitted the rural poor.

Energy