Posted by: mulrickillion | October 28, 2011

U.S. Energy Information Administration (EIA) – Analysis & Projections – Clean Energy Standard

eia_email_header

U.S. Energy Information Administration (EIA)

SPECIAL REPORT RELEASE

ANALYSIS OF IMPACTS OF A CLEAN ENERGY STANDARD as requested by Chairman Hall

This report responds to a request from Chairman Ralph M. Hall of the House Committee on Science and Technology, providing an analysis of the energy market and economic impacts of a clean energy standard (CES).  The CES specified by Chairman Hall requires electricity retailers to provide 80 percent of their sales by 2035 from qualified clean energy sources which include combined-cycle natural gas plants, fossil-fueled plants with carbon capture and storage, renewable plants and nuclear plants.

Analysis of Impacts of a Clean Energy Standard as requested by Chairman Hall

Release date: October 25, 2011

Introduction

This report responds to a request from Chairman Ralph M. Hall for an analysis of the impacts of a Clean Energy Standard (CES). The request, as outlined in the letter included in Appendix A, sets out specific assumptions and scenarios for the study.

Background

A CES is a policy that requires covered electricity retailers to supply a specified share of their electricity sales from qualifying clean energy resources. Under a CES, electric generators would be granted clean energy credits for every megawatt-hour (MWh) of electricity they produce using qualifying clean energy sources. Utilities that serve retail customers would use some combination of credits granted to their own generation or credits acquired from other generators to meet their CES obligations. Generators without retail customers or utilities that generated more clean energy credits than needed to meet their own obligations could sell CES credits to other companies.

The impact of a CES will be sensitive to its design details and to assumptions made regarding the cost of the different fuels and technologies that can be used for electricity generation. Chairman Hall’s request asks for an evaluation of a particular CES under a variety of alternative assumptions regarding the costs of generation fuels and technologies. . . .

Analysis & Projections – U.S. Energy Information Administration (EIA) – U.S. Energy Information Administration (EIA)

>>Full report
>>Appendix A-Request Letter
>>Appendix B-Tables
>>Appendix C-Map of NEMS Electricity Market Module Regions
>>Updates

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Categories

%d bloggers like this: