Topics: Energy, NEMS, Energy Modeling, Energy Policy, Alternative Power, Integrated Modeling, Transportation Technologies, Oil and Gas Production, Electricity System, Electric Vehicles, NEMS Model, Renewable Energy, Advanced Technologies, electricity grid, Scenario Analysis, Hydrogen, Electricity Storage, Battery Storage, Innovation + Regulation, Clean Energy
Topics: NEMS, Energy Modeling, Energy Policy, Alternative Power, Alternative Technologies, carbon capture, Scenario Analysis, Clean Energy
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.
Topics: NEMS, Energy Modeling, Environmental Regulation, Energy Policy, climate change, Advanced Technologies, carbon capture, Innovation + Regulation, Clean Energy
