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U.S Electric Utility Adaptation to Natural Disasters Shocks and Green Power Mandates

Author

Listed:
  • Robert Huang
  • Matthew E. Kahn

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 document that natural disasters disrupt service, but utilities have made progress in adapting to such shocks. Over the last decade, utilities have faced a tradeoff between achieving local carbon mitigation goals and offering reliable power access. We discuss alternative approaches to attenuate this tradeoff.

Suggested Citation

  • Robert Huang & Matthew E. Kahn, 2022. "U.S Electric Utility Adaptation to Natural Disasters Shocks and Green Power Mandates," NBER Working Papers 30583, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberwo:30583
    Note: EEE IO PE
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    More about this item

    JEL classification:

    • H40 - Public Economics - - Publicly Provided Goods - - - General
    • L0 - Industrial Organization - - General
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General

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