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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w30082 |
来源ID | Working Paper 30082 |
Decarbonization and Electrification in the Long Run | |
Stephen P. Holland; Erin T. Mansur; Andrew J. Yates | |
发表日期 | 2022-05-30 |
出版年 | 2022 |
语种 | 英语 |
摘要 | Decarbonization and electrification will require a transformed electricity grid. Our long-run model of entry and exit of generation and storage capacity captures crucial aspects of the electricity industry such as time-varying demand for electricity, intermittency of renewables, and intertemporal optimization of storage. We derive several theoretical possibilities that differ in surprising ways from short-run intuition: A carbon tax can increase electricity consumption; cheaper storage can decrease renewable capacity; cheaper renewables can increase carbon emissions; and an increase in electricity demand (e.g., electrification) can decrease emissions. We calibrate the model using 2019 hourly data on demand and renewable availability for thirteen regions covering the contiguous U.S. A carbon price of $150 or more essentially eliminates carbon emissions. Given a modest decarbonization goal, a renewable subsidy performs better than a nuclear subsidy, but this ranking is reversed for an ambitious decarbonization goal. Transmission expansion yields large emissions reductions if renewable costs fall sufficiently, but policies promoting storage are unlikely to yield significant benefits. Electrifying 100% of car miles traveled (thereby eliminating gasoline vehicle carbon emissions) increases electricity-sector carbon emissions by 23-27% if vehicles are charged at night, but could decrease electricity-sector carbon emissions if vehicles are charged during the day. |
主题 | Public Economics ; Taxation ; Environmental and Resource Economics ; Energy ; Environment |
URL | https://www.nber.org/papers/w30082 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/587756 |
推荐引用方式 GB/T 7714 | Stephen P. Holland,Erin T. Mansur,Andrew J. Yates. Decarbonization and Electrification in the Long Run. 2022. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w30082.pdf(2290KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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