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Full-Text Articles in Engineering
The Correlation Between Energy Cost Share, Human, And Economic Development Using Time Series Data From Australasia, Europe, North America, And The Brics Nations, Ryan Roberts, Josephine Kaviti Musango, Alan Colin Brent, Matthew K. Heun
The Correlation Between Energy Cost Share, Human, And Economic Development Using Time Series Data From Australasia, Europe, North America, And The Brics Nations, Ryan Roberts, Josephine Kaviti Musango, Alan Colin Brent, Matthew K. Heun
University Faculty Publications and Creative Works
This paper investigates how a change in a region's energy cost share (ECS), a ratio of a region's energy expenditure as a fraction of its gross domestic product (GDP), affects the region's social and economic development. Nations from four regions of the world, namely Australasia, Europe, North America, and the BRICS nations (Brazil, Russia, India, China, and South Africa) were chosen for this study. Using time series data from the period of 1978 to 2010, the annual ECS of each country was compared to the year-on-year GDP change, as well as the components of the human development index (HDI). High …
The Quiet Undoing: How Regional Electricity Market Reforms Threaten State Clean Energygoals, Danny Cullenward, Shelley Welton
The Quiet Undoing: How Regional Electricity Market Reforms Threaten State Clean Energygoals, Danny Cullenward, Shelley Welton
All Faculty Scholarship
In a series of largely unnoticed but extremely consequential moves, two regional electricity market operators are pursuing reforms to make it more difficult for states to achieve their clean energy goals. The federal energy regulator, FERC, has already approved one such reform and ordered a second market operator to go farther in punishing state-supported clean energy resources than it had initially proposed. This disturbing trend highlights a shift in energy governance that threatens to destabilize the field’s delicate cooperative federalist model. Over the past several decades, states have increasingly ceded control over energy dispatch and grid planning to private market …