Exploring energy markets and their impact on the economy
The Center for Energy and the Economy (CEE) produces academic research that expands and deepens our collective understanding of how developments in energy markets inform monetary policy. The Center, established in August 2025, serves as a platform to facilitate the dissemination of energy sector expertise throughout the Federal Reserve System and to the public.
Learn more
Recent research
If You Build It, They May Not Come: Willingness to Participate in Managed EV Charging
This paper tests managed charging with an experiment including all electric vehicles within a California utility.
Read more
The Impact of the 2026 Iran War on U.S. Inflation: A Scenario Analysis
This paper shows how to assess the inflationary impact of the rise in the price of oil caused by the 2026 Iran War.
Read more
Processing Power: The Effect of Data Centers on Wholesale Electricity Markets
Artificial-intelligence-driven data centers are reversing two decades of flat U.S. electricity demand and have generated questions about how this growth will impact electricity prices. This paper quantifies this effect using an hourly, unit-level least-cost dispatch model covering wholesale electricity markets in the continental United States.
Read more
Mean Group and Pooled Mixed-Frequency Estimators of Responses of Low-Frequency Variables to High-Frequency Shocks
This paper proposes mean group and pooled estimators of impulse responses based on mixed-frequency auxiliary distributed lag (DL), autoregressive distributed lag (ARDL) or vector autoregressive distributed lag (VARDL) estimating equations.
Read more
Smooth Operator? Managing Electric Vehicle Integration in Constrained Distribution Networks
This paper examines the underappreciated challenges that electric vehicle (EV) adoption poses for the distribution grid.
Read more
Pollution Taxes and Clean Subsidies in an Open Economy
This paper shows that the same conditions that lead to pollution leakage enhance the efficacy of clean subsidies.
Read more
Insights
Recent research quantifies the impact of 2026 Iran war on U.S. inflation and household inflation expectations under a range of scenarios. Under a plausible scenario, 2026 fourth-quarter-over-fourth quarter headline personal consumption expenditures inflation would increase by 0.6 percentage points.
Texas economic output grew in 2025 but did so with near-zero job growth. The last time that happened was in 2002–03, when the state emerged from the dot-com bust into an extended jobless recovery.
Activity in the oil and gas sector increased in first quarter 2026, according to oil and gas executives responding to the Dallas Fed Energy Survey.
Events of related interest
Energy and the Economy: The Geography of Energy Flows
The tenth joint energy conference hosted by the Federal Reserve Banks of Dallas and Kansas City will focus on the outlook for global energy markets as well as energy trade flows and developing domestic energy infrastructure. Participants include business leaders, central bankers, government officials, academics and financial market representatives.
November 14, 2025
Denver and virtual
See the agenda
Center for Energy and the Economy
In Focus
Energy Indicators
Energy Indicators is a quarterly web publication of key economic indicators that offers a snapshot of the energy sector.
Read more
Energy Slideshow
Charts containing the latest data on the outlook for energy in the region, the U.S. and around the world.
Read more
Energy in the Eleventh District
Production, employment and economic activity data highlighting growth in oil and natural gas producing regions and the growing role of solar and wind power.
Read more
