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Joined March 2012
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New paper!
Are electricity markets aligned with decarbonization goals?
We show how the inadequate long-term contracting in many markets can hinder decarbonization and lead to sub-optimally little clean energy investment.
Open access: sciencedirect.com/science/ar…
Multiple market failures are hindering decarbonization, including inefficiencies in financial markets.
New @EcologicDC report provides a good synthesis, and details ways to improve climate-related industrial policy in the EU. ecologic.eu/19908 #energytwitter #econtwitter
Denmark failed to attract bids for offshore wind last week. Why? My research suggests an explanation: countries that do not address investment risk, e.g. via long-term contracting, will see less renewable investment and ultimately slower decarbonization. sciencedirect.com/science/ar…
Emil Dimanchev retweeted
Good Judgment's @superforecaster panel currently has 54% odds that Harris will beat Trump on Tuesday. Of the seven major swing states, Trump is currently ahead in four and Harris leads in three, just pushing Harris to 270 electoral votes if non-swing states go as expected.
Just in case anybody else wants to download their Twitter/X data - it's still possible! xitter.cf/EmilDimanchev/status/1…
Power demand is growing again! This means added risk from high electricity costs. How can we mitigate such risks?
In a new preprint led by Lars Nygaard, we explore this question and find that risk-aware planning calls for more renewables and storage.
papers.ssrn.com/sol3/papers.…
We see in our results that if we planned the power system in a risk-aware way, it would be optimal to have a cleaner system - with more clean energy capacity and less CO2 emissions - than if we didn't care about risk.
Feedback welcome! #energysky #energytwitter
These results are also consistent with what we see in a recently published paper by myself and colleagues.
Open access: sciencedirect.com/science/ar…
Emil Dimanchev retweeted
NEW ZERO Lab PAPER, led by @aniruddh_mohan on integrating direct air capture with low-temperature heat from nuclear power plants:
authors.elsevier.com/sd/arti… (free access link).
tl/dr: taking steam from low pressure turbine at nuclear plant to regenerate solid sorbent DAC is competitive w/using heat pumps, at least in a Texas case study.
What an honor to follow Senator Markey and join this fantastic panel organized by @AcadiaCtr and @NE4OSW!
My main message: more US-Canada transmission lowers the cost of decarbonization and reduces our reliance on fossil fuels.
acadiacenter.org/webinar-bri…
In my presentation I reflected on a question I’ve gotten often in the last few years: does US-Canada cooperation still make sense as both regions experience power demand growth and US states becomes winter peaking? Yes!
Research on US-Canada electricity integration is continuing at @mitceepr, so stay tuned for more!
It was such a great pleasure to participate in this event!
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A provocative question for academics.
Nobel laureate Daron Acemoglu published his famous Colonial Origins paper in 2001, 8 years into his MIT professorship.
Does the current academic system permit junior faculty the time and space required to first-author such original work?
Emil Dimanchev retweeted
A good day to reshare Nobel winning economist @DAcemogluMIT's take on climate econ: project-syndicate.org/magazi…
