Pipeline congestion and natural gas spot price basis differentials

This paper authored by EPIcenter affiliate Matt Oliver dicusses how pipeline congestion in the U.S. Rocky Mountain region creates sizable price wedges, or “basis differentials,” between closely linked hubs—Opal, WY, and Cheyenne, CO. As demand for transport approaches capacity on the 325-mile corridor (via CIG, WIC, and REX), secondary market scarcity rents drive the Cheyenne […]

Framework for estimation of the direct rebound effect for residential photovoltaic systems

Residential rooftop solar adoption can paradoxically lead to higher total electricity consumption than expected because “free” PV electricity lowers household energy costs, prompting some additional usage. EPIcenter affiliate Oliver and his Georgia Tech colleague Toroghi propose an innovative method that pairs economic demand modeling with high-resolution GIS PV potential analysis to estimate this “direct rebound […]

Microeconomics of the solar rebound effect

A recent study by Matthew E. Oliver from the Georgia Institute of Technology and his co-authors, Juan Moreno-Cruz from the University of Waterloo and Kenneth Gillingham from Yale University, delves into the solar rebound effect. The “solar rebound effect” is a phenomenon where households with residential solar photovoltaic (PV) systems end up consuming more electricity in response to greater solar energy […]

Curtailment 101: Understanding the Basic Economic Trade-Offs

Listen to the Curtailment 101 podcast: Created with Google NotebookLM, May 16th, 2025 EPIcenter affiliates Gaurav Doshi and Matthew Oliver’s article in The Energy Forum discusses the why grid operators occasionally curtail wind and solar output when transmission capacity is insufficient or demand is low, and the economic and environmental impacts of these decisions. Congestion-based curtailment […]

Meet the Expert: Matthew Oliver

Master of the rebound — Economist Matthew Oliver measures the sometimes concealed costs of pivoting to clean energy Students in Matthew Oliver’s economics of environment and international energy markets classes likely don’t have a clue about his unusual journey to the lectern: “I was bent on being a rock and roll musician from the time […]