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Full-Text Articles in Natural Resource Economics

New York State's Zero Emission Credits: Exploring The Drivers And Significance Of Nuclear Energy Subsidization In The Empire State, Michael R. Sciascia Jun 2017

New York State's Zero Emission Credits: Exploring The Drivers And Significance Of Nuclear Energy Subsidization In The Empire State, Michael R. Sciascia

Honors Theses

This thesis reviews New York State's recently announced subsidization of nuclear energy, which has been a subject of dissent due to its cost, propagation of nuclear activity, and potential unlawfulness in its influence on competition within wholesale energy markets. Examining the structure and recent trends within New York's energy market and their effect on the state's nuclear energy industry will provide insight into the necessity of such subsidization in preserving in-state nuclear generation. Through an analysis of the expected costs, economic impact, and influence on statewide carbon emissions, the true significance of this legislation and New York's motivations behind its …


Market Mechanisms And Price Volatility In New York Electricity Markets, Kimberly Blecich Jun 2013

Market Mechanisms And Price Volatility In New York Electricity Markets, Kimberly Blecich

Honors Theses

The past two decades have born witness to a cascade of new legislation and market design measures to restructure the United States’ electric power industry from price-setting regulatory agencies to competitive markets. Deregulation was intended to increase competition and improve market efficiency while preserving the reliability of the transmission system. Results have varied in success, and deregulation has invariably led to an increase in both the overall price level of electricity and volatility of those prices. Investigating these deregulation consequences is crucial for market operations and retrospective analyses of deployed mechanism outcomes. The objective of this study is to extend …


A Cross-Country Analysis Of Energy Efficient Development, Nicholas Fleagle Jun 2013

A Cross-Country Analysis Of Energy Efficient Development, Nicholas Fleagle

Honors Theses

Maximizing energy efficiency, producing as much as possible with as little energy as possible, is something every country should be working toward. This study measures the efficiency of specific countries by examining the interrelationships that exist among each country’s energy consumption and such measures of development as health, education, income, access to essentials and CO2 emissions. It then analyses why certain countries are more efficient than others and how these inefficient countries can improve. Data Envelopment Analysis (DEA) is used to generate a cross country comparison of energy efficiency scores over multiple dimensions of development. Pairs of inefficient countries and …