March 3, 2010

Frankel Surveys the Natural Resource Curse Literature

3 Comments / Economics / By

Michael Giberson We’ve mentioned the “natural resource curse” a few times here.  Harvard’s Jeffrey Frankel provides a recent and thorough overview of the literature in “The Natural Resource Curse: A Survey” with a helpful focus on what policies resource rich companies can consider to mitigate the curse. Abstract: It is striking how often countries with …

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Wind Power and Natural Gas-fired Power and Power Market Design

3 Comments / Electricity, Energy markets / By

Michael Giberson The Wall Street Journal published a lengthy article by Russel Gold on the behind-the-scenes struggle over cost allocation and performance obligations between wind power producers and conventional generators.  Tension over how variable resources participate in markets have been simmering for years, but wind power and other intermittent resources have been too small to …

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