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History of Technology: Cheaper, Cleaner, Easier
Knowledge Problem
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Every fall since 2020 I have been teaching energy economics in Northwestern University’s Master of Science in Energy and Sustainability (MSES) program. I team teach with my friend Mark Witte, and my part of the course is backloaded—natural monopoly theory and regulation in theory and in history, new generation technology invention and adoption, wholesale power markets, digitalization and distributed energy resources and the implications of innovation for enabling us to create a cleaner and prosperous energy future. Our class focuses on fundamental economics concepts, applied to the dynamics of regulation and innovation.