Congratulations to 2019 graduate Julie Aaron for winning the Frank W. Taussig Award! Her paper “Incentivizing Solar and Wind Energy: The Argument for Increasing the Price of Fossil Fuels in Restructured Markets” was chosen from among submissions across the United States by The Board of Omicron Delta Epsilon, the International Honor Society for Economics. The paper studies how production of wind and solar energy respond to changes in fossil fuel prices. Importantly, it shows that production of wind and solar energy is more responsive to fossil fuel prices in states with restructured electricity markets. The award announcement from Omicron Delta Epsilon is found below. Julie’s research was performed under the supervision of Professors Mark Curtis and Amanda Griffith.

See the official announcement below from Omicron Delta Epsilon:

The Board of Omicron Delta Epsilon, International Honor Society for Economics, is pleased to announce the winner of the 2019 Omicron Delta Epsilon Frank W. Taussig Award for the best undergraduate research paper: Julie Aaron of Wake Forest University. The paper is titled “Incentivizing Solar and Wind Energy: The Argument for Increasing the Price of Fossil Fuels in Restructured Markets”. The faculty supervisors are Mark Curtis and Amanda Griffith. Ms. Aaron is a member of the Eta chapter of North Carolina of Omicron Delta Epsilon.