Power System Economics

California’s bold solar energy vision


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

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


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

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.