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DOI10.1016/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
ISSN03014215
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
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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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