Energy industry decision-makers and analysts have focused on the highest profile Biden Administration initiatives: the Inflation Reduction Act and the Bipartisan Infrastructure Law (aka, the Infrastructure Investment and Jobs Act). Most recently, the Administration proposed tighter-than-expected vehicle emission standards that would dramatically push up sales of zero-emission vehicles; in the case of light-duty cars and trucks, to two-thirds of sales by 2032. But with the focus on the Administration’s biggest actions, other important regulatory actions may, if not lost in the shuffle, receive less attention than they deserve. In this blog post we will focus on one example of a lower-profile rule – effluent guidelines for steam-electric plants – which may accelerate coal plant retirements, plus brief mentions of other upcoming rules. We then explain why modeling can, and should, be used to help industry and policy makers evaluate the impact of federal rules and response strategies.
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Topics:
Energy,
Environmental Regulation,
NEMS Model,
Coal,
Wastewater
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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
On March 3, the Bipartisan Policy Center hosted the announced release of the U.S. Energy Information Administration’s Annual Energy Outlook (AEO) 2022. This much-anticipated report describes EIA’s unbiased view of energy markets reflected in several core scenarios performed using the National Energy Modeling System (NEMS), a complex energy model of U.S. supply and demand created and maintained by EIA. The core scenarios include a reference case and several alternative scenarios that provide insights into potential changes in energy markets resulting from a range of assumptions about future oil prices, oil and natural gas resources, macroeconomic levels, and renewable costs. The reference case this year also includes the potential effects of select provisions from the recently passed Infrastructure Investment and Jobs Act (IIJA) including the Civil Nuclear Credit Program, the Strategic Petroleum Reserve drawdown and sales, and overall increased government spending related to the Act.
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Topics:
Energy Modeling,
Energy Policy,
Integrated Modeling,
NEMS Model,
Scenario Analysis
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
