Peer-reviewed journal articles, working papers, and other publications apply Stanford’s interdisciplinary strengths in engineering, economics, business, and energy policy to increase global knowledge of low-carbon energy technologies.
Fair Market Value of Used Capacity Assets: Forecasts for Repurposed Electric Vehicle Batteries
Responding to economic and environmental pressures, a growing number of companies seek to repurpose products (assets) that retain functional capacity beyond their initial first life. This paper examines a generic valuation model for used capacity…
An Accounting Architecture for CO2-Statements
It remains a continuing challenge for companies worldwide to reliably assess the greenhouse gas emissions incurred in connection with their operations. Here we argue that financial accounting offers an architectural template for corporate carbon…
Policy Support for Electrolytic Hydrogen: Impact of Alternative Carbon Accounting Rules
Governments worldwide have recently launched policy support programs for hydrogen, where the level of support is to be tied to the carbon intensity of the hydrogen produced. Here we analyze the impact of alternative accounting rules for assessing…
Constructing Carbon Abatement Cost Curves
Companies across industries face increasing pressure to assess the costs of decarbonizing their operations. This paper develops a generic model for constructing abatement cost curves in connection with carbon dioxide emissions. The resulting…
Assessing the Costs of Industrial Decarbonization
Companies in various industries are under growing pressure to assess the costs of decarbonizing their operations. This paper develops a generic abatement cost concept to identify the cost-efficient combination of technological and operational…
Fair Market Valuation of Electric Vehicle Batteries in Second Life Applications
The rapidly growing number of lithium-ion battery packs deployed in electric vehicles (EVs) entails enormous economic potential for used EV batteries to be redeployed in a second life application, e.g., for behind-the-meter stationary energy…
Corporate Carbon Accounting: Balance Sheets and Flow Statements
Current corporate disclosures regarding carbon emissions lack commonly accepted accounting rules. The carbon accrual accounting system described here takes the rules of historical cost accounting for operating assets as a template for generating…
Do Mergers and Acquisitions Improve Efficiency? Evidence from Power Plants
Using rich data on hourly physical productivity and thousands of ownership changes from U.S. power plants, we study the effects of acquisitions on efficiency and underlying mechanisms. We find a 2% average increase in efficiency for acquired…
The Gas Trap: Outcompeting Coal vs. Renewables (R&R, JPE)
We analyze a fundamental dilemma and time-inconsistency problem facing a climate coalition producing natural gas. In the short term, it is tempting to export more to outcompete coal. When this policy is anticipated, however, investments in…
Advances in Power-to-Gas Technologies: Cost and Conversion Efficiency
Widespread adoption of hydrogen as an energy carrier is widely believed to require continued advances in Power-to-Gas (PtG) technologies. Here we provide a comprehensive assessment of the dynamics of system prices and conversion efficiency for…