IDEAS home Printed from https://ideas.repec.org/a/bla/revpol/v37y2020i3p412-438.html
   My bibliography  Save this article

A 21st Century Low‐Carbon Transition in U.S. Electric Power: Extent, Contributing Factors, and Implications

Author

Listed:
  • Brian C. Murray
  • William H. Niver

Abstract

The U.S. electric power sector has experienced a substantial shift of the generation mix since the turn of the century, moving from heavy reliance on coal‐powered generation to one drawing more from natural gas and, more recently, renewables. This transition has been forged by a mix of macroeconomic factors (recession and recovery); technological breakthroughs (horizontal drilling coupled with hydraulic fracturing; improvements in natural gas plant efficiency); clean energy policies at federal, state, and local levels of government; and private sector demands for carbon‐free energy sources. These factors have combined to reduce carbon emissions from electric power generation substantially this century. In this article we examine the extent of this transition, its causes, as well as the distinct American institutional factors steering it, including energy and environmental federalism, electoral politics, and the political economy of clean energy policy enactment and resistance. 美国电力部门自本世纪开始便经历了电力生产组合的实质性转变,从严重依赖燃煤发电转变到更多地使用天然气,以及近几年开始的可再生能源发电。宏观经济因素(经济衰退与恢复)、技术突破(水平钻井加上水力压裂、天然气厂效率提升)、联邦、州级和地方政府的清洁能源政策、以及私人部门对零碳能源的需求,这一切的组合共同形成了该能源转型。这些因素大幅减少了本世纪电力生产的碳排放。本文中我们检验了能源转型的程度、起因、以及引导该转型的独特美国制度因素,包括能源与环境联邦主义、选举政治、以及与清洁能源政策采纳与抵制相关的政治经济 El sector de la energía eléctrica de EE. UU. Ha experimentado un cambio sustancial en la mezcla de generación desde el cambio de siglo, pasando de una gran dependencia de la generación a carbón a una que utiliza más gas natural y, más recientemente, energías renovables. Esta transición ha sido forjada por una combinación de factores macroeconómicos (recesión y recuperación), avances tecnológicos (perforación horizontal junto con fracturación hidráulica, mejoras en la eficiencia de la planta de gas natural), políticas de energía limpia a nivel de gobierno federal, estatal y local, y privado. demandas del sector de fuentes de energía libres de carbono. Estos factores se han combinado para reducir las emisiones de carbono de la generación de energía eléctrica sustancialmente este siglo. En este artículo examinamos el alcance de esta transición, sus causas, así como los distintos factores institucionales estadounidenses que la dirigen, incluido el federalismo energético y ambiental, la política electoral y la economía política de la promulgación y resistencia de políticas de energía limpia.

Suggested Citation

  • Brian C. Murray & William H. Niver, 2020. "A 21st Century Low‐Carbon Transition in U.S. Electric Power: Extent, Contributing Factors, and Implications," Review of Policy Research, Policy Studies Organization, vol. 37(3), pages 412-438, May.
  • Handle: RePEc:bla:revpol:v:37:y:2020:i:3:p:412-438
    DOI: 10.1111/ropr.12388
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/ropr.12388
    Download Restriction: no

    File URL: https://libkey.io/10.1111/ropr.12388?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. Jenkins, Jesse D., 2014. "Political economy constraints on carbon pricing policies: What are the implications for economic efficiency, environmental efficacy, and climate policy design?," Energy Policy, Elsevier, vol. 69(C), pages 467-477.
    2. Richard Schmalensee & Robert N. Stavins, 2019. "Policy Evolution under the Clean Air Act," Journal of Economic Perspectives, American Economic Association, vol. 33(4), pages 27-50, Fall.
    3. Brian C. Murray & Peter T. Maniloff & Evan M. Murray, 2015. "Why Have Greenhouse Emissions in RGGI States Declined? An Econometric Attribution to Economic, Energy Market and Policy Factors (Payne Institute Policy Brief)," Payne Institute Policy Briefs 2014-04, Colorado School of Mines, Division of Economics and Business.
    4. Taylor, Margaret, 2008. "Beyond technology-push and demand-pull: Lessons from California's solar policy," Energy Economics, Elsevier, vol. 30(6), pages 2829-2854, November.
    5. Murray, Brian C. & Maniloff, Peter T., 2015. "Why have greenhouse emissions in RGGI states declined? An econometric attribution to economic, energy market, and policy factors," Energy Economics, Elsevier, vol. 51(C), pages 581-589.
    6. Kyungjin Yoo & Seth Blumsack, 2018. "Can capacity markets be designed by democracy?," Journal of Regulatory Economics, Springer, vol. 53(2), pages 127-151, April.
    7. Brian C. Murray & Maureen L. Cropper & Francisco C. de la Chesnaye & John M. Reilly, 2014. "How Effective Are US Renewable Energy Subsidies in Cutting Greenhouse Gases?," American Economic Review, American Economic Association, vol. 104(5), pages 569-574, May.
    8. Christoph H. Stefes & Carol Hager, 2020. "Resistance to Energy Transitions," Review of Policy Research, Policy Studies Organization, vol. 37(3), pages 286-291, May.
    9. Pillai, Unni, 2015. "Drivers of cost reduction in solar photovoltaics," Energy Economics, Elsevier, vol. 50(C), pages 286-293.
    10. Paine, Nathan & Homans, Frances R. & Pollak, Melisa & Bielicki, Jeffrey M. & Wilson, Elizabeth J., 2014. "Why market rules matter: Optimizing pumped hydroelectric storage when compensation rules differ," Energy Economics, Elsevier, vol. 46(C), pages 10-19.
    11. Cronshaw, Ian & Grafton, R. Quentin, 2016. "Economic benefits, external costs and the regulation of unconventional gas in the United States," Energy Policy, Elsevier, vol. 98(C), pages 180-186.
    12. Stokes, Leah C. & Breetz, Hanna L., 2018. "Politics in the U.S. energy transition: Case studies of solar, wind, biofuels and electric vehicles policy," Energy Policy, Elsevier, vol. 113(C), pages 76-86.
    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. Rafaty, R. & Dolphin, G. & Pretis, F., 2020. "Carbon pricing and the elasticity of CO2 emissions," Cambridge Working Papers in Economics 20116, Faculty of Economics, University of Cambridge.
    2. Jiang, Kai & Yan, Xiaohe & Liu, Nian & Wang, Peng, 2022. "Energy trade-offs in coupled ICM and electricity market under dynamic carbon emission intensity," Energy, Elsevier, vol. 260(C).
    3. Emanuel Kohlscheen & Richhild Moessner & Elod Takáts, 2021. "Effects of Carbon Pricing and Other Climate Policies on CO2 Emissions," CESifo Working Paper Series 9347, CESifo.
    4. Abe, Tatsuya & Arimura, Toshi H., 2022. "Causal effects of the Tokyo emissions trading scheme on energy consumption and economic performance," Energy Policy, Elsevier, vol. 168(C).
    5. Mitsutsugu Hamamoto, 2019. "Impact of the Saitama Prefecture Target-Setting Emissions Trading Program on the Adoption of Low-Carbon Technology," RIEEM Discussion Paper Series 1909, Research Institute for Environmental Economics and Management, Waseda University.
    6. Best, Rohan & Zhang, Qiu Yue, 2020. "What explains carbon-pricing variation between countries?," Energy Policy, Elsevier, vol. 143(C).
    7. Chunhua Lu & Hong Li, 2023. "Have China’s Regional Carbon Emissions Trading Schemes Promoted Industrial Resource Allocation Efficiency? The Evidence from Heavily Polluted Industries at the Provincial Level," Sustainability, MDPI, vol. 15(3), pages 1-20, February.
    8. Burtraw, Dallas & Holt, Charles & Palmer, Karen & Paul, Anthony & Shobe, William, 2018. "Quantities with Prices," RFF Working Paper Series 18-08, Resources for the Future.
    9. Ling Huang & Yishu Zhou, 2019. "Carbon Prices and Fuel Switching: A Quasi-experiment in Electricity Markets," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 74(1), pages 53-98, September.
    10. Huang, Wenyang & Wang, Huiwen & Qin, Haotong & Wei, Yigang & Chevallier, Julien, 2022. "Convolutional neural network forecasting of European Union allowances futures using a novel unconstrained transformation method," Energy Economics, Elsevier, vol. 110(C).
    11. Zhang, Yue-Jun & Cheng, Hao-Sen, 2021. "The impact mechanism of the ETS on CO2 emissions from the service sector: Evidence from Beijing and Shanghai," Technological Forecasting and Social Change, Elsevier, vol. 173(C).
    12. Benedikt Downar & Jürgen Ernstberger & Hannes Rettenbacher & Sebastian Schwenen & Aleksandar Zaklan, 2019. "Fighting Climate Change with Disclosure? The Real Effects of Mandatory Greenhouse Gas Emission Disclosure," Discussion Papers of DIW Berlin 1795, DIW Berlin, German Institute for Economic Research.
    13. Toshi H. Arimura & Tatsuya Abe, 2021. "The impact of the Tokyo emissions trading scheme on office buildings: what factor contributed to the emission reduction?," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 23(3), pages 517-533, July.
    14. Zhou, Yishu & Huang, Ling, 2021. "How regional policies reduce carbon emissions in electricity markets: Fuel switching or emission leakage," Energy Economics, Elsevier, vol. 97(C).
    15. Downar, Benedict & Ernstberger, Jürgen & Reichelstein, Stefan & Schwenen, Sebastian & Zaklan, Aleksandar, 2021. "The impact of carbon disclosure mandates on emissions and financial operating performance," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 26(3), pages 1137-1175.
    16. Burtraw, Dallas & Holt, Charles & Palmer, Karen & Shobe, William M., 2020. "Quantities with Prices: Price-Responsive Allowance Supply in Environmental Markets," RFF Working Paper Series 20-17, Resources for the Future.
    17. Kyungjin Yoo & Seth Blumsack, 2018. "The Political Complexity of Regional Electricity Policy Formation," Complexity, Hindawi, vol. 2018, pages 1-18, December.
    18. Lange, Ian & Maniloff, Peter, 2021. "Updating allowance allocations in cap-and-trade: Evidence from the NOx Budget Program," Journal of Environmental Economics and Management, Elsevier, vol. 105(C).
    19. Kramer, Niklas & Lessmann, Christian, 2023. "The Effects of Carbon Trading: Evidence from California’s ETS," MPRA Paper 116796, University Library of Munich, Germany.
    20. Bauckloh, Michael Tobias & Klein, Christian & Pioch, Thomas & Schiemann, Frank, 2022. "Under pressure: The link between mandatory climate reporting and firms' carbon performance," CFR Working Papers 22-01, University of Cologne, Centre for Financial Research (CFR).

    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:revpol:v:37:y:2020:i:3:p:412-438. 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/ipsonea.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.