IDEAS home Printed from https://ideas.repec.org/a/bla/coecpo/v11y1993i2p100-112.html
   My bibliography  Save this article

Carbon Reduction Costs In New England'S Power Sector

Author

Listed:
  • FLORENTIN Krause
  • JOHN Busch
  • JONATHAN G. Koomey

Abstract

This paper examines the cost of reducing carbon emissions in New England's power sector. The analysis relies on detailed sectoral studies of costs and resource potentials for demand‐side efficiency, cogeneration, renewables, and conventional resource options. Sectoral studies' results were integrated using a production‐cost model to estimate the total cost and rate impacts of carbon reduction strategies relative to a business‐as‐usual forecast. To capture potential uncertainties, the analysis takes into account variations in capital costs, fuel prices, resource utilization levels, and base case retirements of existing power plants. Results show that New England's power sector can freeze carbon emissions at current levels or reduce carbon emissions while simultaneously decreasing customers' total electricity bills.

Suggested Citation

  • FLORENTIN Krause & JOHN Busch & JONATHAN G. Koomey, 1993. "Carbon Reduction Costs In New England'S Power Sector," Contemporary Economic Policy, Western Economic Association International, vol. 11(2), pages 100-112, April.
    • Handle: RePEc:bla:coecpo:v:11:y:1993:i:2:p:100-112
    DOI: 10.1111/j.1465-7287.1993.tb00383.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1465-7287.1993.tb00383.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1465-7287.1993.tb00383.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Fisher, Anthony C. & Rothkopf, Michael H., 1989. "Market failure and energy policy A rationale for selective conservation," Energy Policy, Elsevier, vol. 17(4), pages 397-406, August.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Todd D. Gerarden & Richard G. Newell & Robert N. Stavins, 2017. "Assessing the Energy-Efficiency Gap," Journal of Economic Literature, American Economic Association, vol. 55(4), pages 1486-1525, December.
    2. Chan, Edwin H.W. & Qian, Queena K. & Lam, Patrick T.I., 2009. "The market for green building in developed Asian cities--the perspectives of building designers," Energy Policy, Elsevier, vol. 37(8), pages 3061-3070, August.
    3. Jaccard, Mark, 1995. "Oscillating currents : The changing rationale for government intervention in the electricity industry," Energy Policy, Elsevier, vol. 23(7), pages 579-592, July.
    4. Adland, Roar & Cariou, Pierre & Wolff, François-Charles, 2018. "Does energy efficiency affect ship values in the second-hand market?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 111(C), pages 347-359.
    5. Charlier, Dorothée, 2015. "Energy efficiency investments in the context of split incentives among French households," Energy Policy, Elsevier, vol. 87(C), pages 465-479.
    6. Vernon, David & Meier, Alan, 2012. "Identification and quantification of principal–agent problems affecting energy efficiency investments and use decisions in the trucking industry," Energy Policy, Elsevier, vol. 49(C), pages 266-273.
    7. Bilous Liliia, 2020. "Determination of energy efficiency barriers taxonomy in socio-economic model of Ukraine," Technology audit and production reserves, Socionet;Technology audit and production reserves, vol. 3(4(53)), pages 14-21.
    8. Langniss, Ole & Praetorius, Barbara, 2006. "How much market do market-based instruments create? An analysis for the case of "white" certificates," Energy Policy, Elsevier, vol. 34(2), pages 200-211, January.
    9. Worrell, Ernst & van Berkel, Rene & Fengqi, Zhou & Menke, Christoph & Schaeffer, Roberto & O. Williams, Robert, 2001. "Technology transfer of energy efficient technologies in industry: a review of trends and policy issues," Energy Policy, Elsevier, vol. 29(1), pages 29-43, January.
    10. Wiser, Ryan & Pickle, Steven & Goldman, Charles, 1998. "Renewable energy policy and electricity restructuring: a California case study," Energy Policy, Elsevier, vol. 26(6), pages 465-475, May.
    11. Noailly, Joëlle, 2012. "Improving the energy efficiency of buildings: The impact of environmental policy on technological innovation," Energy Economics, Elsevier, vol. 34(3), pages 795-806.
    12. Neij, Lena, 2001. "Methods of evaluating market transformation programmes: experience in Sweden," Energy Policy, Elsevier, vol. 29(1), pages 67-79, January.
    13. Varone, Frederic & Aebischer, Bernard, 2001. "Energy efficiency: the challenges of policy design," Energy Policy, Elsevier, vol. 29(8), pages 615-629, June.
    14. Barbara Praetorius & Jan W. Bleyl, 2003. "Improving the Institutional Structures for Disseminating Energy Efficiency in Emerging Nations: Energy Agencies in South Africa," Discussion Papers of DIW Berlin 347, DIW Berlin, German Institute for Economic Research.
    15. Koomey, Jonathan G. & Webber, Carrie A. & Atkinson, Celina S. & Nicholls, Andrew, 2001. "Addressing energy-related challenges for the US buildings sector: results from the clean energy futures study," Energy Policy, Elsevier, vol. 29(14), pages 1209-1221, November.
    16. Zhou, Zhongbing & Qin, Quande & Wei, Yi-Ming, 2020. "Government intervention in energy conservation: Justification and warning," Energy Economics, Elsevier, vol. 90(C).
    17. Sokołowski, Maciej M. & Heffron, Raphael J., 2022. "Defining and conceptualising energy policy failure: The when, where, why, and how," Energy Policy, Elsevier, vol. 161(C).
    18. Kooreman, Peter, 1996. "Individual discounting, energy conservation, and household demand for lighting," Resource and Energy Economics, Elsevier, vol. 18(1), pages 103-114, March.
    19. Moxnes, Erling, 2004. "Estimating customer utility of energy efficiency standards for refrigerators," Journal of Economic Psychology, Elsevier, vol. 25(6), pages 707-724, December.
    20. Kenneth Gillingham, Matthew Harding, and David Rapson, 2012. "Split Incentives in Residential Energy Consumption," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:coecpo:v:11:y:1993:i:2:p:100-112. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/weaaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.