This is an invited, peer-reviewed article that reflects an update of an identically titled article first published in Elsevier’s Encyclopedia of Energy (Cutler J. Cleveland, ed.) in 2004.
TE3 brings economic scholars together with government and industry practitioners to explore transportation and fuel research for energy and environmental policies that will foster progress toward long-term climate protection and business goals.
The 2016 UMEI Annual Report reviews the Energy Institute’s progress on its various research initiatives and events, including the Battery Lab, the Energy Survey, REFRESCH, and the Beyond Carbon Neutral project.
The use of liquid biofuels has expanded over the past decade in response to policies such as the U.S. Renewable Fuel Standard (RFS) that promote their use for transportation. One rationale is the belief that biofuels are inherently carbon neutral, meaning that only production-related greenhouse gas (GHG) emissions need to be tallied when comparing them to fossil fuels.
An interdisciplinary team of U-M sustainability experts and engineers led by School of Natural Resources and Environment Postdoctoral Associate Maryam Arbabzadeh has developed a “ green guide” to aid developers and operators of energy storage systems. Titled “12 Principles for Green Energy Storage in Grid Applications,” the 12 Principles offer researchers, designers and industry professionals a clear, concise picture of the most important criteria to consider when designing and operating sustainable energy storage devices and systems.
This report is authored by U-M Department of Economics PhD student Alecia Cassidy. The energy efficiency gap is the failure of consumers or producers to make energy efficiency investments that would seemingly save money or increase profits. The phenomenon is important to understand, because if it exists and reflects irrational decisions on the part of consumers or firms, then policy intervention might be warranted. This report examines evidence for the energy efficiency gap in the automobile industry, and ultimately finds that the evidence is inconclusive. Three general approaches were employed: survey research, reduced-form analysis, and discrete choice modeling. Survey research finds evidence of an energy efficiency gap. Reduced-form analyses find no energy efficiency gap. The results of discrete choice models differ, with some finding evidence of an energy efficiency gap and others finding no evidence.
Understanding public perceptions of energy is important for informing energy-related business, research and policy strategies. To this end, a new U.S. consumer survey probes core attitudes about the reliability, affordability and environmental impact of energy. Appended quarterly to the long-running monthly survey of 500 households that produces the Index of Consumer Sentiment, this instrument inherits the sample design and statistical rigor of that household economic survey.
Energy is one of the major issues that affects the U.S. economy, consumer wellbeing, national security and the environment. The topic has many dimensions and public perceptions of energy are regularly buffeted by events ranging from power outages to oil spills, from volatile prices and fears of shortages to promises of plenty as new energy technologies are developed. Consumers are often surveyed about particular aspects of energy and questions about energy prices are included in general economic surveys.
This study analyzes the real impacts of raising Michigan’s Renewable Portfolio Standard – the policy mandating the percentage of the state’s electric generation capacity that must be provided by renewable power. The study, sponsored by the University of Michigan Energy Institute, analyzes several scenarios, detailing the changes to different power generation sources such as coal and natural gas, the environmental benefits to the state, and the associated costs under each.
A country is only as strong as its capacity to build. Managed properly, the availability of low-cost shale gas could catalyze a renaissance in U.S. manufacturing, revitalizing the chemical industry and enhancing the global competitiveness of energy-intensive manufacturing sectors such as aluminum, steel, paper, glass, and food. This report summarizes and expands upon the University of Michigan-sponsored daylong Symposium “Shale Gas: A Game-Changer for American Manufacturing,” held on March 28, 2014 at the National Press Club in Washington, D.C.