1 / 8

EIA CES Analysis

EIA CES Analysis. First Requested by Ralph HAll (R-TX) And second, by Jeff bingaman (D-NM) Matt Cox. Eligible Technologies. Hall. Bingaman. Hydro Wind Solar Geothermal Biomass MSW, LFG Nukes CCS-Coal, CCS-NG 0.9 credits NGCC 0.5 credits.

avidan
Télécharger la présentation

EIA CES Analysis

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. EIA CES Analysis First Requested by Ralph HAll (R-TX) And second, by Jeff bingaman (D-NM) Matt Cox

  2. Eligible Technologies Hall Bingaman • Hydro • Wind • Solar • Geothermal • Biomass • MSW, LFG • Nukes • CCS-Coal, CCS-NG • 0.9 credits • NGCC • 0.5 credits • New hydro and nukes (including capacity additions) • Existing does not receive credit but counts towards overall generation goals • Wind • Solar • Geothermal • Biomass • MSW, LFG • CCS-Coal, Gas, NGCC, IGCC, Gas turbines • Receive partial credit based on carbon intensity

  3. Details of the Standard Hall Bingaman Credit-based system All sectors eligible to generate credits Linear rise from 40% in 2010 (historical) to 80% by 2035 No banking Standard operates independent of State policies Credit-based system All sectors eligible 1% growth from 2015-2020; 2% til 2035; 1% til 2050 to reach 95% by 2050 Banking allowed Standard operates independent of State policies

  4. Results: Decreased Coal, Increased Gas and Renewables (Nukes Mixed) HCES: 56% less coal, 30% more nuke. Wind doubles, little change for solar. BCES: 52% less coal, 53% more gas, 10% less nuke, 121% more wind.

  5. Impacts on Electricity-Related CO2 Emissions and Electricity Prices HCES: Emissions drop 60%; Electricity price increases by 29% BCES: Emissions drop 43%; Electricity price increases by 21%

  6. Price doesn’t uniformly increase

  7. Impact on GDP/Employment HCES BCES

  8. Final Thoughts • Impacts are roughly similar to carbon tax by 2035 • Path of trajectories varies • Hall sees faster impacts on GDP and higher electricity prices by 2015 • Bingaman sees smaller GDP impacts overall with significant changes in electricity prices not occurring until the early 2020’s

More Related