Publications
Planning for Growing Electricity Demand During an Era of Uncertain Renewables and Climate Policy
Electricity demand growth has accelerated significantly, a trend that is expected to continue for at least the next 5 to 10 years and is driven by new technologies such as data centers and the expansion of the manufacturing and industrial base in the United States. This analysis uses a variety of integrated resource plans from utilities and other groups to estimate how overall electricity demand may change over the next decade in several scenarios.
Projecting Electricity-Sector Investments Under the Inflation Reduction Act: New Cost Assumptions and Interactions with EPA’s Greenhouse Gas Proposal
Energy Pathways USA, an initiative of the Nicholas Institute for Energy, Environment & Sustainability at Duke University, has released a report that offers new insights into US energy transition investments. This report comprehensively models the intersecting effects of the Inflation Reduction Act, clean electricity development cost increases, and the impacts of proposed US Environmental Protection Agency greenhouse gas regulations for fossil fuels.
Pathways to Net-Zero for the US Energy Transition
What will it take to achieve a net-zero carbon emissions footprint for the US economy by 2050? This report from Energy Pathways USA helps strengthen the evidence base on what will be required for a robust US energy transition and elucidates key barriers and opportunities for reaching net-zero goals. The report also outlines future areas of focus for Energy Pathways USA, a Duke-based project that accelerates progress towards a net-zero carbon future by developing workable solutions with corporate partners across multiple key industries.
A Closer Look at RGGI and Grid Reliability
This policy brief reviews how RGGI modeling has considered reliability issues and mines existing research on the real-world impacts of RGGI since 2008. In short, research indicates that the program’s implementation has not impacted grid reliability—and that RGGI may help to improve reliability through strategic demand-side investments—all while delivering important economic, public health, and emissions reduction benefits to consumers.
Power Sector Carbon Reduction: An Evaluation of Policies for North Carolina
This report reflects extensive modeling, policy and economic analysis, and stakeholder engagement in regard to the North Carolina Clean Energy Plan. It does not make specific recommendations but evaluates different policies and offers options for decarbonizing the grid.
Emissions Benefits of Electric Vehicles: Influencing Electricity Generation Choices
Electric vehicles (EVs) represent a new source of electricity demand and their market share is expanding at a fast pace. How electricity is generated for these vehicles will, to a large degree, determine their net emissions benefits and their value in meeting any long-term climate and environmental goals.
Regional Implications of National Carbon Taxes
This analysis published in the journal Climate Change Economics examines impacts of nationally-imposed carbon taxes on different regions of the United States. The goal is to see what can be learned about the drivers of regional political support for and opposition to such measures. Whether at the state, regional or national levels, carbon taxes are one option for reducing greenhouse gas emissions; several state and regional programs are already under way and lowering emissions. This analysis uses a U.S. regional version of the Dynamic Integrated Economy/Energy/Emissions Model (DIEM) computable general equilibrium model to explore relationships between carbon taxes, emissions, and economic growth.
The Future of the Electricity Industry: Implications of Trends and Taxes
This analysis published in the journal Energy Economics examines how changes in market trends and technology costs are likely to affect electricity generation in the United States in the context of possible future carbon taxes. It uses the Dynamic Integrated Economy/Energy/Emissions Model (DIEM) electricity-sector model to examine a wide range of sensitivity cases for technology and fuel costs under different economic conditions. The model finds that carbon taxes can be an effective way to quickly lower emissions. Shifts among natural gas and renewable generation can vary significantly, depending on capital and operating costs.
Data and Modeling Infrastructure for National Integration of Ecosystem Services into Decision Making: Expert Summaries
Resource managers face increasingly complex decisions as they attempt to manage for the long-term sustainability and the health of natural resources. Incorporating ecosystem services into decision processes provides a means for increasing public engagement and generating more transparent consideration of tradeoffs that may help to garner participation and buy-in from communities and avoid unintended consequences. A 2015 White House memorandum from the Council on Environmental Quality, Office of Management and Budget, and Office of Science Technology and Policy acknowledged these benefits and asked all federal agencies to incorporate ecosystem services into their decision making. This working paper, expanded since its initial publication in November 2016, describes the ecological and social data and models available for quantifying the production and value of many ecosystem services across the United States. To achieve nationwide inclusion of ecosystem services, federal agencies will need to continue to build out and provide support for this essential informational infrastructure.
A State Policymaker’s Guide to Power Sector Modeling
In a new report, the Bipartisan Policy Center and Nicholas Institute for Environmental Policy Solutions explore the value, use, and limitations of economic modeling of the electricity sector. The report presents a suite of recent analyses by different organizations, showing how economic modeling can be used to simulate possible policy, market, and technology changes as the electricity sector transforms due to growth of domestic natural gas, increased use for electric generation, the rapid progress of renewable technologies, and environmental regulations. It is meant to be a guide for state policymakers who have both the benefit and challenge of unpacking modeling results and figuring out how best to learn from diverse findings. It provides them with both an understanding of how to best utilize economic models and interpret their results as well as explores key modeling structures often being deployed to model carbon regulations such as the Clean Power Plan and input assumptions that impact power sector modeling results.