U.s electric utility adaptation to natural disasters shocks and green power mandates

Abstract

NBER WORKING PAPER SERIES U.S ELECTRIC UTILITY ADAPTATION TO NATURAL DISASTERS SHOCKS AND GREEN POWER MANDATES Robert Huang Matthew E. Kahn Working Paper 30583 http://www.nber.org/papers/w30583 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138 October 2022, Revised June 2023 We thank Dora Costa and Bhaskar Krishnamachari for useful discussions. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. NBER working papers are circulated for discussion and comment purposes. They have not been peer-reviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications. © 2022 by Robert Huang and Matthew E. Kahn. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including © notice, is given to the source. U.S Electric Utility Adaptation to Natural Disasters Shocks and Green Power Mandates Robert Huang and Matthew E. Kahn NBER Working Paper No. 30583 October 2022, Revised June 2023 JEL No. H40,L0,Q40 ABSTRACT Access to electricity is a crucial determinant of quality of life and productivity. The United States has a highly reliable electricity grid, but it faces new resilience challenges posed by more intense natural disasters and ambitious green power requirements. Using a US electric utility panel dataset from 2013 to 2020, we …

Source: pdf_first_chars