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DOI | 10.1016/j.enpol.2021.112261 |
The role of cross-border electricity trade in transition to a low-carbon economy in the Northeastern U.S | |
Yuan M.; Tapia-Ahumada K.; Reilly J. | |
发表日期 | 2021 |
ISSN | 03014215 |
卷号 | 154 |
英文摘要 | Canadian hydropower resources offer a potentially attractive option for meeting decarbonization targets in the US Northeast region, where there are ambitious climate goals and nearby hydro resources in Quebec. Existing transmission capacity is, however, a limiting factor in expanding hydropower imports to the region. To examine the value of expanding transmission capacity from Quebec to the Northeast, we employ an integrated top-down bottom-up modeling framework (USREP-EleMod). This research was part of an Energy Modeling Forum effort, EMF34, with a goal of better characterizing linkages in energy markets across North America. The scenarios we examine exogenously expand transmission capacity by 10, 30, and 50% above existing capacity into the US Northeast (New York/New England), finding the value to the economy of these expansions ranging from $.38-$.49 per kWh imported into New York, and $.30-$.33 per kWh imported into New England by 2050. The scenarios include economy-wide emissions goals these states have set for themselves. The carbon limits we imposed raise fuel prices more than electricity prices and as a result we found greater electrification in the US Northeast region from 2030 onward, a result that one would not see using just an electricity sector model, demonstrating a main hypothesis of EMF34, that models that looked at more integration across energy markets would give deeper insight than more narrowly focused models. © 2021 Elsevier Ltd |
关键词 | Cross-border electricity tradeEconomic benefitsLow-carbon economyTop-down bottom-up modelTransmission capacity expansion |
英文关键词 | Carbon; Costs; Hydroelectric power; Power markets; Cross-border electricity trade; Economic benefits; Energy markets; Low carbon economy; New England; New York; Northeast regions; Top-down bottom-up model; Transmission capacities; Transmission capacity expansion; Expansion; alternative energy; bottom-up approach; cost-benefit analysis; cross-border relations; electricity supply; electrification; energy market; energy planning; hydroelectric power; targeting; top-down approach; trade performance; Canada; United States |
语种 | 英语 |
来源期刊 | Energy Policy |
文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/205428 |
作者单位 | MIT Joint Program on the Science and Policy of Global Change, United States; MIT Energy Initiative, United States |
推荐引用方式 GB/T 7714 | Yuan M.,Tapia-Ahumada K.,Reilly J.. The role of cross-border electricity trade in transition to a low-carbon economy in the Northeastern U.S[J],2021,154. |
APA | Yuan M.,Tapia-Ahumada K.,&Reilly J..(2021).The role of cross-border electricity trade in transition to a low-carbon economy in the Northeastern U.S.Energy Policy,154. |
MLA | Yuan M.,et al."The role of cross-border electricity trade in transition to a low-carbon economy in the Northeastern U.S".Energy Policy 154(2021). |
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