The first two chapters focus on the topic: how efficiently do markets reallocate capital in booms and busts, and what are the effects of policies designed to smooth out fluctuations? I exploit a novel dataset of contracts and projects in the offshore oil and gas industry to examine the role...
Rapid changes in global climate are pushing nations to reduce CO2 emissions and adopt clean energy technologies for renewable energy generation and storage. As wind and solar are implemented worldwide, a commensurate response in energy storage will need to be installed to meet fluctuations in peak energy demands and generation...