Markets for renewable energy and pollution emissions: Environmental claims, emission-reduction accounting, and product decoupling

Lewis, George Cornewall; Cepela, Daniel J.

doi:10.1016/j.enpol.2010.05.051

Cited by 9 publications

(4 citation statements)

References 11 publications

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“…In addition to concerns about backup generation, other studies have stressed the fact that rather than displacing a representative unit of power generation, wind is likely to displace generation from higher marginal cost sources that can easily accommodate wind power on the grid-most likely natural gas. Moore et al (2010) stress the importance of the emissions profile of the marginal power plant in terms of measuring emissions savings, while Campbell (2009) presents a theoretical exercise and notes that emissions may increase if wind intermittency leads to increases in carbon-intensive accommodating sources. In an econometric study, Cullen (2011) uses plant-level generation data from ER-COT 2005-2007 to estimate the marginal change in generation at each plant per MWh of wind generated in ERCOT.…”

Section: Introductionmentioning

confidence: 99%

Emissions Savings from Wind Power Generation in Texas

Kaffine¹,

McBee²,

Lieskovsky³

2013

The Energy Journal

130

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Wind power has the potential to reduce emissions associated with conventional electricity generation. Using detailed, systemic hourly data of wind generation and emissions from plants in ERCOT (Texas), we empirically estimate the SO2, NOx and CO2 emissions offset by wind generation. Our estimation strategy implicitly captures both the marginal unit of generation displaced by wind on the electrical grid, and the marginal emissions reduction from that displaced unit. Our results also reveal substantial variation in emissions reductions, which appear to be strongly driven by differences in the generation mix. The environmental benefits from emissions reductions in ERCOT fail to cover government subsidies for wind generation.

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Section: Introductionmentioning

confidence: 99%

Emissions Savings from Wind Power Generation in Texas

Kaffine¹,

McBee²,

Lieskovsky³

2013

The Energy Journal

130

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“…2 An additional concern about RPS policies is that they need to be carefully coordinated with other emissions policies if they are to be effective in reducing pollution. In regions with a carbon tax, such as California or the northeast states in the Regional Greenhouse Gas Initiative (RGGI), an RPS may have no impact on overall carbon emissions, because other emissions sources not subject to the RPS can profit by increasing their emissions without violating the overall cap (Moore et al, 2010).…”

Section: Economic Efficiency Of Rpssmentioning

confidence: 99%

Impacts of Renewable Portfolio Standards

Lyon

2016

SSRN Journal

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Renewable Portfolio Standards (RPSs) are a key policy measure used by U.S. states to increase their production of renewable electricity. Economic theory shows that RPSs are not first-best policy measures for mitigating greenhouse gas emissions or solving other environmental problems. Nevertheless, they have been politically popular, in part because states hope they will help create new jobs in what they expect will be a growth industry. Research suggests that RPSs tend to be supported by Democratic legislatures in states with good solar and wind potential, are more likely in states with restructured electricity markets, and are less likely in states heavily dependent upon natural gas for electricity generation. Research also suggests RPSs have been successful at increasing renewable generation capacity, have increased the cost of electricity modestly where they have been implemented, and reduce carbon emissions at a cost roughly consistent with estimates of the social cost of carbon.

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“…Energy demand continues to increase, and it will double in 20 years, which could also lead to a global energy shortage. To satisfy the increasing energy demand and to protect further damage to the eco-system, it is necessary to promote more energy technologies that are clean, renewable and sustainable [1]. Since the 1990s, scientists have explored a series of highperformance, pollution-free green energy sources, which have had a profound impact on changes in the energy composition of the world's industrial structure.…”

Section: Introductionmentioning

confidence: 99%