How Exxon Thinks About Climate Change

Posted by Mollie Simon

Although a carbon tax may seem like an impossibility given our current political climate, private companies have long been preparing to put a price on carbon. Wanting to plan for something that they see as a future inevitability, big oil companies have been building in carbon pricing to their financial models for...


Knowing the Unknowable: Benefits and Drawbacks to Agent-Based and Equation-Based Modeling

Posted by Oscar Serpell

Edward Lorenz’s famous hypothetical scenario of a butterfly flapping its wings and somehow, weeks later, causing a tornado hundreds of miles away, illustrates the chaotic and uncertain future outcomes of seemingly inconsequential behaviors taken today. This complexity, and the resulting uncertainty of predicting the...


Power Grid on Alert After Two Cybersecurity Warnings Issued this Week

Posted by Christina Simeone

This week, two different cybersecurity warnings were issued in the U.S., flagging significant potential threats to the electricity grid. The first threat is ‘CrashOverride’, a malware program associated with Russia that was specifically designed and successfully used (outside the U.S.) to target electric power grid...


Lessons Learned: From Kyoto to Paris

Posted by Mollie Simon

Last week, after much anticipation, President Trump announced that the United States would be formally withdrawing from the Paris Accord. This announcement does not come as a surprise given President Trump’s negative comments about the agreement on the campaign trail and the fact that the Trump Administration has...


Leaving Paris, and Sanity: A Bad Deal for America and Future Generations

Posted by John Quigley

President Trump has decided to withdraw the United States from the Paris Climate Agreement, despite (to spite?), pretty much, the rest of the world. Only two countries declined to join the Paris Agreement: civil war-torn Syria, and Nicaragua. The latter boycotted the accord to protest what it saw as initial goals that...


Once in a Lifetime Investment Opportunity to Trigger More Baseload Retirements in PJM

Posted by Christina Simeone

Billions of dollars in new gas generation investments will trigger more baseload retirements in PJM. And no, it is not renewables driving these plants out of the market in the Mid-Atlantic. And yes, low-priced natural gas is driving the retirement trends.  But, it is more complicated than that.  Risk-taking investors...


Transparency, Capping Returns a Must for Nuclear Subsidies

Posted by Christina Simeone

Pennsylvania policymakers are contemplating new subsidies for existing nuclear power plants. Honestly, I could argue for or against these subsidies, but that is for another day. Here are some principles Pennsylvania lawmakers should keep in mind if they are interested in supporting nuclear power. Transparency on Plant...


Is a Proposed Kentucky Solar Farm on Mine Lands a Model for PA?

Posted by John Quigley

Recently, Kentucky coal company Berkeley Energy Group, along with EDF Renewable Energy and former state Auditor Adam Edelen, announced a feasibility study for a project that would convert a former Kentucky mountaintop removal strip mine into a 100 megawatt solar farm—the largest in the state and ten times the size...


Why You Should Be Concerned About DOE’s Electricity Study

Posted by Christina Simeone

If you like markets, renewable energy, innovation, clean air, and/or logic, you should probably be concerned about DOE Secretary Perry’s April 14th memo calling for a 60-day study examining electricity markets and reliability that is to develop the Trump administration’s approach to electricity policy. The memo...


Part 2: The Future of the Clean Power Plan: No Easy Way Out

Posted by Oscar Serpell

This blog is a direct continuation of Part 1 In the first half of this policy analysis, Trump’s request to revisit the Clean Power Plan rule, and the possible reasons for doing so were discussed in detail. It is now up to the DC Circuit Court of Appeals to decide whether they will continue to hear the Clean Power Plan...


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