Power and Energy Systems Engineering Economics

California’s bold solar energy vision

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How California’s new rooftop solar mandate will build additional value for its customers.

China’s cap-and-trade decisions

On December 27, 2015, in Power System Economics, by Joe Nyangon
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In the lead-up to the 2015 Paris climate change conference, policymakers stressed the need for creation of integrated carbon markets and called for linking new climate financing mechanisms with the United Nations-organized Green Climate Fund (GCF) based in South Korea. Both the U.S. and China have committed to accelerating the transition to low-carbon development internationally. […]

Why the U.S. urgently needs to invest in a modern energy system

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In a speech commemorating the thirty-fifth anniversary of the International Energy Agency (IEA) in 2009, former U.S. secretary of state, Henry Kissinger recalled how the energy crisis of 1970s awakened the world “to a new challenge that would require both creative thinking and international cooperation.” He explained that as “global demand continues to grow, investment […]

Impacts of shale boom in the U.S. and beyond

On January 27, 2015, in Electricity & Natural Gas Markets, Power System Economics, by Joe Nyangon
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The unconventional oil and gas boom has shaken up energy markets in the U.S. and beyond. Across many American states, the energy sector is experiencing a number of changes far larger than in its history including improvements in policies, business models, technologies, and investment options to make energy cleaner, more plentiful and diversified, cheaper to store and capable of handling increased demand more intelligently.

The realities of stock markets and unemployment

On April 11, 2013, in Economic Logic & Value, by Joe Nyangon
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For those interested in the relationship between equity markets and unemployment, here is an interesting chart by The Economist that sums up that ‘synching feeling’. One thing is clear, producing goods in cheap labor markets and exporting them to high valued economies only end up eroding long-term viability of these advanced economies. Therefore, even if […]

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