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Current Energy Economic Projects|Center for Energy Economics & Public Policy

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Dr. Robert Godby
Director
Center for Energy Economics & Public Policy
Dept. 3985
1000 E. University Ave.
Laramie, WY 82071
Phone: 307-766-3843
Email: rgodby@uwyo.edu
Center for Energy Economics and Public Policy

Legal and Economic Analysis of the EPA CO2 Reduction Rule

Temple Stoellinger, Sam Kalen, and Anne Alexander

This project will conduct an interdisciplinary legal and economic analysis of the Environmental Protection Agency's (EPA) 2014 proposed rule on reducing carbon pollution from existing power plants. Specifically, the project will examine the proposed rule by identifying through legal analysis the external regulatory barriers that might hinder Wyoming's ability to implement the CO2 reductions called for in the rule. In addition to this legal analysis, the project includes an economic analysis of those barriers utilizing a Computable General Equilibrium (CGE) model.

Aesthetic, Financial, and Behavioral Barriers to Solar Home Demand

Ben Gilbert, Anthony Denzer, Jon Gardzelewski, and Liping Wang

Researchers will explore aesthetic concerns as a non-technical market barrier to residential solar adoption. Analysis will estimate differences in the demand function for traditional homes versus equivalent homes with aftermarket solar installation versus solar integrated into the initial design in a more visually appealing way. Using a discrete-choice survey framework, researchers will explore effects of behavioral "nudges" versus traditional subsidies on the propsensity to choose a Net-Zero of solar energy home over an otherwise equivalent standard home. The results of the work will help reveal market preferences and influence the design and construction of Net-Zero Energy and solar-integrated homes.

Integrating Petroleum Engineering into Models of Oil Markets

Klaas van 't Veld, Vladimir Alvarado, Benjamin Cook, and Charles Mason

Through interdisciplinary collaboration, this work will improve understanding of oil markets by incorporating real-world, physical constraints on oil production that existing economic models of oil markets have excluded. Such an integrated model will provide a more robust and practically relevant basis for informing both policy and economic predictions. The project will produce two numerical implementations of the model: one calibrated to represent the global oil market, and one calibrated to regional/Wyoming conditions, which include oil-pipeline capacity constraints.

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