Reforming retail electricity rates to facilitate economy-wide decarbonization

Tim Schittekatte is a research scientist at Massachusetts Institute of Technology (MIT) and joined the MIT Energy Initiative (MITEI) in October 2021. At MIT, he conducts research and teaches about power market design and regulation. Prior to joining MIT, he was a research fellow at the Florence School of Regulation (FSR) at the European University Institute (EUI), where he is now also a part-time assistant professor. He graduated as an engineer from Ghent University, Belgium, and completed the EMIN program, an international master in economics. He holds a PhD in energy economics from University Paris-Sud XI. Dharik Mallapragada is a principal research scientist at MIT and joined the MITEI in May 2018. Through his PhD and nearly 5 years of research experience in the chemicals and energy industry, Dharik has worked on a range of sustainability-focused research topics, as well as developed novel tools for energy systems analysis. At MIT, Dharik is working on advancing power systems modeling tools to study questions around renewables integration and economy-wide electrification. Dharik holds an MS and a PhD in chemical engineering from Purdue University. He received a BSc in chemical engineering from the Indian Institute of Technology, Madras. Paul Joskow is the Elizabeth and James Killian Professor of Economics, Emeritus, at the MIT, where he joined the faculty in 1972. He has served as the chairman of the Department of Economics and as the director of the Center for Energy and Environmental Policy Research. From 2008 to 2017, he was the president of the Alfred P. Sloan Foundation. He is a fellow of the American Academy of Arts and Sciences and the Econometric Society and is a distinguished fellow of the American Economic Association and of the Industrial Organization Society. Richard Schmalensee is professor of Economics, Emeritus and Howard W. Johnson Professor of Management, Emeritus at MIT and served for 9 years as the dean of the MIT Sloan School of Management. He was a member of the President's Council of Economic Advisers from 1989 through 1991 and served for 12 years as director of the MIT Center for Energy and Environmental Policy Research. He is a fellow of the Econometric Society, a member of the American Academy of Arts and Sciences, and member of the Executive Committee of the National Bureau of Economic Research.