Duke University's Nicholas Institute for Environmental Policy Solutions will host a webinar presentation of its energy and economic modeling results of Clean Power Plan (CPP) compliance pathways. Nicholas Institute Senior Research Economist Martin Ross will explain the Nicholas Institute's CPP modeling project and describe its in-house electricity dispatch model: the Dynamic Integrated Economy/Energy/Emissions Model. He will present findings related to
- Tradeoffs between rate-based and mass-based compliance plans;
- Impacts of state-by-state versus regional compliance approaches;
- Key elements of the CPP affecting policy responses in the model; and
- Consequences of policy choices for generation options, operating costs, capital investments, fuel use, renewable energy, and other factors.
This presentation is designed for state and federal officials, power companies, NGOs, researchers, members of the media, and others working on issues related to the Clean Power Plan. It will begin with a 45-minute overview of the modeling and conclude with a Q&A about the scenarios and model results.