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This paper presents high renewable electricity penetration scenarios in the United States using detailed capacity expansion modeling that is designed to properly account for the variability and uncertainty of wind and solar resources. The scenarios focus solely on the electricity system, an...
Persistent link: https://www.econbiz.de/10010811336
Recent work found that renewable energy could supply 80% of electricity demand in the contiguous United States in 2050 at the hourly level. This paper explores some of the implications of achieving such high levels of renewable electricity for supply chains and the environment in scenarios with...
Persistent link: https://www.econbiz.de/10010789858
The United States power sector is being transformed by the recent rise in the availability and use of unconventional natural gas, specifically shale gas. That transformation has already produced some of the most significant changes in the operation of the portfolio of electricity generation...
Persistent link: https://www.econbiz.de/10011039654
We provide a meta-analysis of several recent analytical studies that evaluate the possibility, operability, and implications of high levels of renewable sources of electricity (RES-E) in power systems. These studies span different geographic regions, rely on a range of analytical methods and...
Persistent link: https://www.econbiz.de/10010719475
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Although emerging technologies like carbon capture and storage and advanced nuclear are expected to play leading roles in greenhouse gas mitigation efforts, many engineering and policy-related uncertainties will influence their deployment. Capital-intensive infrastructure decisions depend on...
Persistent link: https://www.econbiz.de/10011000442
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The Inflation Reduction Act (IRA) represents the largest federal response to climate change to date. We highlight the key climate provisions and assess the Act's potential economic impacts. Substantially higher investments in clean energy and electric vehicles imply that fiscal costs may be...
Persistent link: https://www.econbiz.de/10014287367