Economic Clean Energy Benefits Of Establishing A Competitive Wholesale Electricity Market In The Southeast United States
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Economic Clean Energy Benefits Of Establishing A Competitive Wholesale Electricity Market In The Southeast United States
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Author : Christopher T M Clack
language : en
Publisher: Vibrant Clean Energy, LLC
Release Date : 2020-08-15
Economic Clean Energy Benefits Of Establishing A Competitive Wholesale Electricity Market In The Southeast United States written by Christopher T M Clack and has been published by Vibrant Clean Energy, LLC this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-08-15 with Science categories.
Vibrant Clean Energy (VCE®) partnered with Energy Innovations to study the potential impact of a regional transmission organization (RTO) for the Southeastern United States (SE-RTO). The modeling (using WIS:dom®-P) found that with an RTO the region could save $384 billion by 2040, create 285,000 full time jobs, reduce emissions by 37% and provide transparency in the region. The team modeled four scenarios. Importantly, the first scenario mimicked the utilities’ integrated resource plans (IRPs) and found that an increase in thermal generation exceeded requirements and inflated costs. Conversely, the SE-RTO scenario reduced the dependency on thermal generation and shifted to low-cost variable generation. One of the sensitivity scenarios studied an alternative IRP, which allowed for competitive build out and economic dispatch. This scenario produced approximately 60% of the savings of the SE-RTO. Finally, a fourth scenario determined the benefit of an SE-RTO when nuclear power plants remained online through 2040. This scenario was very slightly more expensive than the SE-RTO scenario, but had far fewer emissions. Interestingly wind power, in the modeling, became an important contribution to the electricity mix. With it increasingly providing capacity requirements for winter demand profiles. Further, the modeling found that distributed energy resources (DERs) and their co-optimization provided 10% of the system savings.
Southeast Regional Clean Energy Policy Analysis
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Author : Joyce McLaren
language : en
Publisher:
Release Date : 2011
Southeast Regional Clean Energy Policy Analysis written by Joyce McLaren and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with Energy consumption categories.
More than half of the electricity produced in the southeastern states is fueled by coal. Although the region produces some coal, most of the states depend heavily on coal imports. Many of the region's aging coal power facilities are planned for retirement within the next 20 years. However, estimates indicate that a 20% increase in capacity is needed over that time to meet the rapidly growing demand. The most common incentives for energy efficiency in the Southeast are loans and rebates; however, total public spending on energy efficiency is limited. The most common state-level policies to support renewable energy development are personal and corporate tax incentives and loans. The region produced 1.8% of the electricity from renewable resources other than conventional hydroelectricity in 2009, half of the national average. There is significant potential for development of a biomass market in the region, as well as use of local wind, solar, methane-to-energy, small hydro, and combined heat and power resources. Options are offered for expanding and strengthening state-level policies such as decoupling, integrated resource planning, building codes, net metering, and interconnection standards to support further clean energy development. Benefits would include energy security, job creation, insurance against price fluctuations, increased value of marginal lands, and local and global environmental paybacks.
Southeast Regional Clean Energy Policy Analysis
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Author : Joyce McLaren
language : en
Publisher:
Release Date : 2011
Southeast Regional Clean Energy Policy Analysis written by Joyce McLaren and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with Energy consumption categories.
More than half of the electricity produced in the southeastern states is fueled by coal. Although the region produces some coal, most of the states depend heavily on coal imports. Many of the region's aging coal power facilities are planned for retirement within the next 20 years. However, estimates indicate that a 20% increase in capacity is needed over that time to meet the rapidly growing demand. The most common incentives for energy efficiency in the Southeast are loans and rebates; however, total public spending on energy efficiency is limited. The most common state-level policies to support renewable energy development are personal and corporate tax incentives and loans. The region produced 1.8% of the electricity from renewable resources other than conventional hydroelectricity in 2009, half of the national average. There is significant potential for development of a biomass market in the region, as well as use of local wind, solar, methane-to-energy, small hydro, and combined heat and power resources. Options are offered for expanding and strengthening state-level policies such as decoupling, integrated resource planning, building codes, net metering, and interconnection standards to support further clean energy development. Benefits would include energy security, job creation, insurance against price fluctuations, increased value of marginal lands, and local and global environmental paybacks.
Regional Cooperation For Sustainable Energy In Asia And The Pacific
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Author : United Nations Publications
language : en
Publisher: UN
Release Date : 2017
Regional Cooperation For Sustainable Energy In Asia And The Pacific written by United Nations Publications and has been published by UN this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with Business & Economics categories.
This publication is the theme study for the 73rd session of Commission to be held in May 2017. The main purpose of the publication is to call on policymakers in Asia and the Pacific for urgent actions to transition national energy sectors to achieve the Sustainable Development Goals (SDG), particularly Goal 7. The energy sector transition is the only way to address the sizeable energy deficit which impede progress in energy access in a number of member countries. It will also address gaps between current commitments under the 2030 Agenda for Sustainable Development and the Paris Agreement on climate change and lack of coherent energy strategic and policy frameworks and actions held back progress of SDG7.
Viet Nam
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Author : Asian Development Bank
language : en
Publisher: Asian Development Bank
Release Date : 2014-07-01
Viet Nam written by Asian Development Bank and has been published by Asian Development Bank this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-07-01 with Business & Economics categories.
This sector assessment, strategy, and road map highlights the Government of Viet Nam's plans and strategies for addressing priority needs for the financial sector and identifies possible preliminary areas of international assistance. It assesses key sector development needs by analyzing strengths, constraints and weaknesses, various risks, potential threats, as well as opportunities. This knowledge product serves as a basis for further dialogue on how the Asian Development Bank and the government can work together to tackle the challenges of managing financial sector development in Viet Nam in the coming years.
Clean Energy Related Economic Development Policy Across The States Establishing A 2016 Baseline
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Author :
language : en
Publisher:
Release Date : 2017
Clean Energy Related Economic Development Policy Across The States Establishing A 2016 Baseline written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.
States implement clean energy-related economic development policy and programs with the goal of spurring innovation and manufacturing within their jurisdictions. The extent to which states invest in this policymaking depends on the political drivers and jurisdictional economic development priorities. This report documents the clean energy-related economic development policy landscape across the 50 states as models of strategies used in different contexts and with different jurisdictional goals. Findings indicate a wide range of strategies across the states, tailored to meet different goals, and all at a sufficiently early stage of implementation that while there are pockets of high impact, long term policies, holistic impacts of such state driven policies and programs for clean energy driven economic development are not yet clear. This report documents over 900 existing clean energy-related economic development laws, financial incentives (technology-agnostic and clean energy focused), and non-legislative policies such as agency-directed programs and initiatives across the states. States are actively implementing policies and programs to incentivize clean energy-related economic development, using different strategies. Some states target specific manufacturing opportunities and some are more generalized and opportunistic. Those states interested in promoting clean energy manufacturing in their jurisdictions may be interested in reviewing this landscape to determine how they compare to peers and make policy adjustments as necessary.
Assessment Of Power Sector Reforms In Viet Nam
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Author : Asian Development Bank
language : en
Publisher: Asian Development Bank
Release Date : 2015-09-01
Assessment Of Power Sector Reforms In Viet Nam written by Asian Development Bank and has been published by Asian Development Bank this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-09-01 with Business & Economics categories.
Viet Nam envisions a completely competitive power sector in the long term, including full wholesale and retail competition. To attain this goal, it unbundled its power sector's monopoly structure and instituted institutional, regulatory, and pricing reforms. Although considerable progress has been made, implementation has not been expeditious, with the government still retaining a strong vested ownership and management interest in the power sector. Further restructuring is needed to ensure complete independence of the system players and to attain pricing transparency. In this country report, the Asian Development Bank assesses Viet Nam's experience in reforming its power sector for insights that other Asian developing economies could find useful when pursuing their own power sector planning and policy and strategy formulation.
Doe
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Author :
language : en
Publisher:
Release Date : 2011
Doe written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with categories.
Wind power development in the United States is outpacing previous estimates for many regions, particularly those with good wind resources. The pace of wind power deployment may soon outstrip regional capabilities to provide transmission and integration services to achieve the most economic power system operation. Conversely, regions such as the Southeastern United States do not have good wind resources and will have difficulty meeting proposed federal Renewable Portfolio Standards with local supply. There is a growing need to explore innovative solutions for collaborating between regions to achieve the least cost solution for meeting such a renewable energy mandate. The DOE-funded project 'Integrating Southwest Power Pool Wind Energy into Southeast Electricity Markets' aims to evaluate the benefits of coordination of scheduling and balancing for Southwest Power Pool (SPP) wind transfers to Southeastern Electric Reliability Council (SERC) Balancing Authorities (BAs). The primary objective of this project is to analyze the benefits of different balancing approaches with increasing levels of inter-regional cooperation. Scenarios were defined, modeled and investigated to address production variability and uncertainty and the associated balancing of large quantities of wind power in SPP and delivery to energy markets in the southern regions of the SERC. The primary analysis of the project is based on unit commitment (UC) and economic dispatch (ED) simulations of the SPP-SERC regions as modeled for the year 2022. The UC/ED models utilized for the project were developed through extensive consultation with the project utility partners, to ensure the various regions and operational practices are represented as accurately as possible realizing that all such future scenario models are quite uncertain. SPP, Entergy, Oglethorpe Power Company (OPC), Southern Company, and the Tennessee Valley Authority (TVA) actively participated in the project providing input data for the models and review of simulation results and conclusions. While other SERC utility systems are modeled, the listed SERC utilities were explicitly included as active participants in the project due to the size of their load and relative proximity to SPP for importing wind energy. The analysis aspects of the project comprised 4 primary tasks: (1) Development of SCUC/SCED model of the SPP-SERC footprint for the year 2022 with only 7 GW of installed wind capacity in SPP for internal SPP consumption with no intended wind exports to SERC. This model is referred to as the 'Non-RES' model as it does not reflect the need for the SPP or SERC BAs to meet a federal Renewable Energy Standard (RES). (2) Analysis of hourly-resolution simulation results of the Non-RES model for the year 2022 to provide project stakeholders with confidence in the model and analytical framework for a scenario that is similar to the existing system and more easily evaluated than the high-wind transfer scenarios that are analyzed subsequently. (3) Development of SCUC/SCED model of the SPP-SERC footprint for the year 2022 with sufficient installed wind capacity in SPP (approximately 48 GW) for both SPP and the participating SERC BAs to meet an RES of 20% energy. This model is referred to as the 'High-Wind Transfer' model with several different scenarios represented. The development of the High-Wind Transfer model not only included identification and allocation of SPP wind to individual SERC BAs, but also included the evaluation of various methods to allow the model to export the SPP wind to SERC without developing an actual transmission plan to support the transfers. (4) Analysis of hourly-resolution simulation results of several different High-Wind Transfer model scenarios for the year 2022 to determine balancing costs and potential benefits of collaboration among SPP and SERC BAs to provide the required balancing.
Indonesia
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Author : Asian Development Bank
language : en
Publisher: Asian Development Bank
Release Date : 2016-08-01
Indonesia written by Asian Development Bank and has been published by Asian Development Bank this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-08-01 with Political Science categories.
This latest energy sector assessment, strategy, and road map for Indonesia highlights energy sector performance, major development constraints, and government development plans and strategy. This report reviews previous support from the Asian Development Bank (ADB) and other development partners, and outlines ADB’s future support strategy in Indonesia’s energy sector. This publication provides energy sector background information for ADB investment and technical assistance operations and will inform ADB’s 2016–2019 country partnership strategy for Indonesia.
Financing Clean Energy In Developing Asia
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Author : Bambang Susantono
language : en
Publisher:
Release Date : 2021-06-15
Financing Clean Energy In Developing Asia written by Bambang Susantono and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-06-15 with categories.
This book examines clean energy investment needs and financing gaps in Asia and the Pacific and discusses how they are being addressed. It reviews existing financing options and approaches for clean energy, and includes country examples of how these have been applied. Innovative solutions for mobilizing private finance and managing risks associated with clean energy investments are also discussed. The book is the first of two volumes that look at various approaches and instruments that have been tried, tested, and utilized to scale up clean energy development in the region.