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   Spotlight Archives


 
ceepr students
From left: Guillaume de Roo, Kyriakos Pierrakis, Stephan Feilhauer, David Ramberg and Vivek Sakhrani. Photo by S. Ganguly, 2009.
 

   Student participation in CEEPR research is integral to MIT’s educational mission. This year five Masters students worked as Research Assistants on CEEPR projects. From left to right in the photo above, they are:
   Guillaume de Roo is a second year Masters candidate in the Technology and Policy Program and Nuclear Engineering. Guillaume is a participant in MIT’s Nuclear Fuel Cycle study analyzing the economics of advanced fuel cycles.
   Kyriakos Pierrakakis is a second year Masters candidate in the Technology and Policy Program. Kyriakos is a participant in MIT’s Energy Conversion Project which is a research partnership funded by BP. Kyriakos is studying the strategic and policy frameworks for the evolution of a carbon capture and sequestration industry.
   Stephan Feilhauer is a second year Masters candidate in the Technology and Policy Program. Stephan has been studying environmental markets, especially carbon trading. He was a participant in a project funded by the Doris Duke Charitable Foundation to analyze design issues for a U.S. cap-and-trade system, including the evaluation of the performance of the European Union’s Emissions Trading System.
   David Ramberg is a first year Masters candidate in the Technology and Policy Program. David is a participant in MIT’s Energy Conversion Project which is a research partnership funded by BP. David is studying the evolving price relationships across various hydrocarbon markets in the North America.
   Vivek Sakhrani is a first year Masters candidate in the Technology and Policy Program. Vivek is researching the value of long-term contracts for wholesale electricity supply and how regulatory restrictions on the use of contracts biases the technology mix of generation capacity.

(June 2009)


 

MITEI Celebrates 70th Birthday of Professor John Deutch

  On Thursday, April 16, MITEI celebrated the 70th birthday of Institute Professor John Deutch by holding a symposium in recognition of his significant contributions over the last 40 years in the field of chemistry and physics, his role in national security and energy policy, as well as his years of governance at MIT. Professor Deutch has played an important role in promoting the interdisciplinary study of energy and environmental policy at MIT. He played a leadership role in both the Future of Nuclear Power and the Future of Coal studies, in which CEEPR also participated.
   Professor Deutch has been a member of the MIT faculty since 1970. He has served as Chairman of the Department of Chemistry, Dean of Science and Provost. He has published over 140 technical publications in physical chemistry, as well as numerous publications on technology, energy, international security, and public policy issues.
   He has also held significant government and academic posts throughout his career. He was Director of Central Intelligence from May 1995 until December 1996. In this position, he was the head of all foreign intelligence agencies of the United States and directed the Central Intelligence Agency. From March 1994 to May 1995, he served as the Deputy Secretary of Defense, and for a year before that he served as Under Secretary of Defense for Acquisitions and Technology. Between 1977 and 1980, Professor Deutch worked in several positions at the U.S. Department of Energy.
   In addition he has served on many commissions during several presidential administrations: the President's Nuclear Safety Oversight Committee (1980-81); the President's Commission on Strategic Forces (1983); the White House Science Council (1985-89); the President's Committee of Advisors on Science and Technology (1997-2001), the President's Intelligence Advisory Board (1990-93); the President' Commission on Aviation Safety and Security (1996); the Commission on Reducing and Protecting Government Secrecy (1996); and as Chairman of the Commission to Assess the Organization of the Federal Government to Combat the Proliferation of Weapons of Mass Destruction (1998-99).
   Professor Deutch has received fellowships and honors from the American Academy of Arts and Sciences (1978) and Alfred P. Sloan Foundation (Research Fellow 1967-69), and John Simon Guggenheim Foundation (Memorial Fellow 1974-1975). Public Service Medals have been awarded him (?? He has been awarded Public Service Medals) from the Department of Energy (1980), the Department of State (1980), the Department of Defense (1994 and 1995), the Department of the Army (1995), the Department of the Navy (1995), the Department of the Air Force (1995), the Coast Guard (1995), the Central Intelligence Distinguished Intelligence Medal (1996), and the Intelligence Community Distinguished Intelligence Medal (1996). He received the Greater Boston Federal Executive Board's Speaker Thomas P. O'Neill Award for exemplary public service in 2002, the Aspen Strategy Group Leadership Award in 2004, and he was elected to the American Philosophical Society in 2007. He is a member of the National Petroleum Council.
    Professor John Deutch earned a B.A. in history and economics from Amherst College, and both the B.S. in chemical engineering and Ph.D. in physical chemistry from M.I.T. He holds honorary degrees from Amherst College, University of Lowell, and Northeastern University. He serves as director for the following publicly held companies: Cheniere Energy, Citigroup, and Raytheon. He is a trustee of the Center for American Progress, Resources for the Future, the Urban Institute (life), and the Museum of Fine Arts, Boston.



(April 2009)

 
CEEPR is pleased to be hosting two prominent scholars in the field of electricity systems and markets. Professor Ignacio Perez-Arriaga (left) and Professor Yong-Hua Song (right).
  Professor Perez-Arriaga
Professor Perez-Arriaga is Director of the BP Chair on Sustainable Development and Professor of Electrical Engineering at Comillas University in Madrid, Spain. He was the Founder and Director of IIT, the Institute for Technological Research for 11 years, and has been Vice-Rector for Research. For five years he served as Commissioner at the Spanish Electricity Regulatory Commission. He is life member of the Spanish Royal Academy of Engineering, a Fellow of the Institute of Electrical and Electronic Engineers (IEEE), a member of the European Energy Institute, a high-level think tank providing academic input into both European Community and national decision making on energy issues, and the Director of the Training Program for European Energy Regulators at the Florence School of Regulation within the European University in Florence. He is the author of the White Paper on the Spanish electricity sector, which was delivered to the Spanish Government in July 2005. Professor Perez-Arriaga received the Electrical Engineer degree from Comillas University and the M.S. and Ph.D. degrees in electrical engineering from MIT.
This Spring, Professor Perez-Arriaga will be teaching ESD.934 Engineering, Economics and Regulation of the Electric Power Sector.


Professor Song
Professor Yong-Hua Song is Professor of Electrical Engineering at the University of Liverpool where he was a Pro-Vice Chancellor from January 2007 to August 2008. He has also served as Executive President of Xi’an Jiaotong-Liverpool University in Suzhou, China. In 2002 he was awarded a DSc for his significant contributions to energy and power system research by Brunel University, which he joined in 1997 as Royal Academy of Engineering/British Energy/BNFL/Siemens Research Professor of Power Systems. He previously held posts at the Universities of Bristol and Bath as well as the Liverpool John Moores University. Professor Song is a Fellow of the Royal Academy of Engineering, UK, The Institution of Engineering and Technology, UK, the Institute of Electrical and Electronic Engineers (IEEE), USA, and the International Eurasian Academy of Sciences. He received his BEng, MSc and PhD degrees in China at Sichuan University and the China Electric Power Research Institute.
During his visit to CEEPR, Professor Song will be studying the relationship between the coal industry and the electricity generation industry in China, and the forms of contracting and vertical ownership employed.

(January 2009)

 

Richard Schmalensee to be new Director of CEEPR

     Richard Schmalensee takes over as CEEPR Director as of September 2008. Most recently, Professor Schmalensee served as the John C Head III Dean of MIT’s Sloan School of Management from 1998 through 2007. After a one year sabbatical, he is returning to MIT as the Howard W. Johnson Professor of Economics and Management. He had a previous stint as the Director of CEEPR from 1991 to 1999.
    Professor Schmalensee has played a leading role in shaping national policy in the fields of energy and the environment, among other areas. He was a Member of the President's Council of Economic Advisers from 1989 through 1991 when the Acid Rain Program started the first major environmental market, the SO2 market. In 1983 he co-authored the path breaking book, Markets for Power, which helped pioneer the restructuring of electricity markets, and in 2000 he was co-author of Markets for Clean Air, a comprehensive study of the SO2 program. He currently serves on the National Commission on Energy Policy. He has been a long-time contributor to MIT’s work on climate change through his participation in the Joint Program on the Science and Policy of Global Change.
   Professor Schmalensee is the author or co-author of 11 books and over 110 articles in professional journals and books, and he is co-editor of volumes I and II of the Handbook of Industrial Organization. His research has centered on industrial organization economics and its application to managerial and public policy issues, with particular emphasis on antitrust, regulatory, and environmental policies. He is a member of the International Academy of Management and a fellow of the Econometric Society and the American Academy of Arts and Sciences. He is a Director of the International Securities Exchange and the International Data Group.

(September 2008)

 

CEEPR Hosts Workshop in Washington D.C.

From left: Christian de Perthuis (Mission Climat, Paris), Richard Baron (IEA, Paris), Julia Reinaud (IEA, Paris), Felix Matthes (Oeko-Institute, Berlin), Barbara Buchner (IEA, Paris), Ambassador Pierre Vimont (French Embassy to the US), Philip Sharp (President of RFF), Henry Jacoby (MIT), Denny Ellerman (MIT), Frank Convery (University College, Dublin). Photo by: F. Goldstein 2008.
  In January 2008, CEEPR hosted a workshop in Washington DC on the European CO2 Emissions Trading Scheme (EU ETS) as part of a project funded by the Doris Duke Charitable Foundation. The workshop reported results of a multi-national transatlantic research partnership including CEEPR that is conducting an ex post evaluation of the EU ETS. About twenty researchers from Europe, primarily from France, Ireland and Germany, presented results and conducted briefings for Congressional staff on Capitol Hill at the conclusion of the workshop. A high point of the workshop was a dinner, graciously hosted by the French Ambassador to the United States, Pierre Vimont, at his residence to welcome European and MIT workshop participants to Washington and to indicate the high interest of all in this research on the world’s first large-scale CO2 cap-and-trade program.

(February 2008)

 

Professor Joskow heads to the Sloan Foundation

 

Long time CEEPR Director, Professor Paul Joskow, has resigned his position in order to become President of the Alfred P. Sloan Foundation. The Sloan Foundation is a philanthropic nonprofit institution, established in 1934, funding programs in science, technology, education and important national issues. CEEPR said farewell to Paul’s formal involvement at a festive dinner at our December research Workshop. Paul’s contributions to research and public policy have been great, and we look forward to his future contributions from this new vantage point.

(December 2007)


 
   

BP Funds Energy Conversion Research

CEEPR is collaborating with professors in a number of engineering disciplines on a research program that will explore the conversion of low-value carbon feedstocks such as petcoke and coal to high-value products such as electricity, liquid fuels and chemicals while minimizing carbon dioxide emissions. The program is being funded by BP as a part of its commitment to the MIT Energy Initiative. CEEPR’s work is targeted to the analysis of the economic institutions and policies necessary for the successful development of a carbon sequestration industry, as well as an analysis of the integration of heavier feedstocks into the North American fuels market.

(September 2007)