Addressing the dual needs of development and decarbonization in low- and middle-income countries requires significant increases in public and private investment and project implementation. Announced in 2022 by the US Department of State, The Rockefeller Foundation, and the Bezos Earth Fund, the Energy Transition Accelerator (ETA) aims to drive such increases by leveraging carbon credits as a sector-wide channel for energy transition finance.

Increased need for electricity is driving elevated demand for power companies to rapidly build out their generation capacity. But Nicholas Institute research shows that, with strategic timing of load use, such demand could be met by the existing power grid.

The Nicholas Institute's Tim Profeta contributed an essay to "How to Advance Environmental Protection During a Turbulent Era," a special section in the March/April issue of Environmental Forum. The Trump administration is expected to take up a deregulatory agenda—which environmentalists anticipate with trepidation but which businesses generally welcome as an appropriate relaxation of regulations they say inhibit a creative free market and stymie investments in needed projects.

A key solution to the United States' soaring electrical demand—driven by unprecedented electricity needs from large commercial customers, particularly data centers and their booming artificial intelligence workloads—is load flexibility. This analysis provides a first-order estimate of the potential for accommodating such loads with minimal capacity expansion or impact on demand-supply balance.

President Trump has promised to "unleash" American energy, and many expect his administration to roll back federal regulations on methane emissions. This paper examines whether the Trump administration and Congress will "mend" or "end" federal methane rules, including the Inflation Reduction Act Waste Emissions Charge (or IRA methane fee), Environmental Protection Agency (EPA) regulations, and new EPA reporting requirements.

Electricity demand growth has accelerated significantly, a trend that is expected to continue for at least the next 5 to 10 years and is driven by new technologies such as data centers and the expansion of the manufacturing and industrial base in the United States. This analysis uses a variety of integrated resource plans from utilities and other groups to estimate how overall electricity demand may change over the next decade in several scenarios.

The People’s Republic of China is using the national emissions trading scheme (ETS) as a tool to bend the country’s emissions curve while cleaning its domestic environment, driving innovation, and capturing a greater share of high-value segments of the global economy. This background paper for the Asia-Pacific Climate Report 2024: Catalyzing Finance and Policy Solutions first explores the origins of the ETS and then looks at its characteristics and performance.

Can low- and middle-income countries meet human development imperatives while decommissioning fossil fuel infrastructure or avoiding further fossil fuel development? A high-level panel at Climate Week NYC 2024—moderated by Jackson Ewing and featuring executive in residence Alix Peterson Zwane alongside global investment leaders—attempted to address just that.

The Federal Energy Regulatory Commission (FERC) invited Tyler H. Norris, J.B. Duke Fellow and Duke University PhD student, to serve as a panelist at FERC’s Staff-Led Workshop on Innovations and Efficiencies in Generator Interconnection in September 2024. Specifically, Norris was invited to provide analysis and comments related to “connect and manage” and potential improvements to flexible energy-only interconnection options.

This paper provides a high-level overview of chaining, an emerging concept that marries two highly consequential provisions of the tax code established by the passage of the 2022 Inflation Reduction Act (IRA): Transferability of tax credits and direct (also known as elective) pay to nonprofit or public entities in lieu of tax credits.

Besides unlocking additional capital, chaining could reduce the cost of capital, ease cash flow, and allow for different parties to share risk. The US Department of the Treasury is actively accepting comments on chaining until December 1, 2024. Through those comments, Treasury is seeking to ascertain, in part, how much more capital chaining can enable and how chaining would be executed.