Over the past several years, the Energy Innovation Reform Project (EIRP) has developed and promoted an Innovation + Regulation Policy Framework (I+R) for decarbonizing the U.S. electric power sector. OnLocation, Inc. completed a comprehensive modeling analysis for EIRP to identify the potential benefits and challenges of employing the I+R Framework. The study found that the I+R Framework is more cost-effective and results in greater diversity of generation options, including more firm and dispatchable clean power, than the alternative regulation-only clean energy policy examined.
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Topics:
NEMS,
Energy Modeling,
Environmental Regulation,
Energy Policy,
climate change,
Advanced Technologies,
carbon capture,
Innovation + Regulation,
Clean Energy
Now is the time for modelers to reassess how nuclear technologies are represented in energy system models. That is the conclusion of a new OnLocation paper written for the Nuclear Innovation Alliance. This paper examines the many ways that nuclear energy, including advanced nuclear reactors, can play a significant role in meeting climate mitigation goals and makes a case for energy modelers to consider incorporating characteristics and applications for advanced reactors into their energy economic models.
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Topics:
Energy,
NEMS,
Energy Modeling,
Energy Policy,
Integrated Modeling,
climate change,
Advanced Technologies,
nuclear power
OnLocation presents a series of blogs that identifies the top environmental and energy policy challenges for 2020 and beyond. The second blog in the series (#2 of 3), presented here, focuses on policies aimed at expanding the grid electricity storage market as a way to address electric capacity dispatch challenges created by the recent explosion of new variable renewable generation. Electricity storage is one key technology that is helping address these challenges.
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Topics:
Energy Modeling,
Environmental Regulation,
Energy Policy,
Integrated Modeling,
NEMS Model,
Renewable Energy,
Advanced Technologies,
electricity grid,
Electricity Storage,
Battery Storage
While renewable energy and nuclear power often grab the headlines regarding the current electricity markets transformations, leaders across the industry recognize that electricity storage is the real game changer driving revolutionary change. While an increasingly decarbonized energy mix is often the focus, smart money is on battery technologies being the key to unlocking market value in grids across the world.
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Topics:
Energy,
Environmental Regulation,
Energy Policy,
Transportation Technologies,
Electricity System,
Electric Vehicles,
climate change,
Advanced Technologies,
electricity grid
