Research Library

Texas' ERCOT ISO is used as a model for examining the costs of replacing fossil fuels by wind generation and storage, and for comparing wind power with generation based on nuclear and storage.

The authors investigate two plausible causes for the significant price discount of U.S. crudes during the U.S. “shale boom” and evaluate how much each mattered.

This working paper analyzes three key factors that characterize the “new normal” of China’s oil demand: slowing overall demand growth, gasoline replacing diesel as the demand driver, and a substantial rise in refined products exports.

In this working paper, energy fellow Jim Krane examines the risks the fossil fuel industry faces as a result of climate mitigation strategies.

This working paper discusses the “pattern of wary engagement” between Russia and Iran and its implications for future regional security issues in the Middle East. The paper was presented as part of the "U.S.-Iran Relations at a Crossroads" conference at the Baker Institute.

This paper examines 16 Japanese, South Korean, Taiwanese, and Spanish LNG import price series to illustrate how allowing for structural breaks in the LNG-oil relationship reveals cointegration in pricing.

This working paper studies optimal taxation in a dynamic stochastic economy in which there is uncertainty about the effects of climate change. It concludes that model uncertainty has significant quantitative implications regarding optimal greenhouse gas emissions and the optimal mix of fossil fuel used.

This working paper is one of a series submitted for the Oct. 1, 2015, Baker Institute event "Currency Policy Then and Now: 30th Anniversary of the Plaza Accord."

Using Texas as a case study, this paper addresses which policies are desirable to best manage and regulate the supply of brackish groundwater.

In this paper, author Peter Hartley examines the recent evolution of markets for LNG, focusing especially on the increasing amount of LNG being traded spot or under short-term contracts of less than four-years duration. Hartley argues that explanations for this increase, and other recent changes in LNG trading, imply that the proportion of LNG being traded under long-term contracts is likely to continue to decline and that the flexibility of long-term contracts for trading LNG is likely to continue to increase.