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Essays on electricity modeling, tran...

Torell, Gregory L.

Essays on electricity modeling, transmission congestion, and carbon policy.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Essays on electricity modeling, transmission congestion, and carbon policy.
Author:	Torell, Gregory L.
Published:	Ann Arbor : ProQuest Dissertations & Theses, 2016
Description:	315 p.
Notes:	Source: Dissertation Abstracts International, Volume: 78-03(E), Section: A.
Notes:	Includes supplementary digital materials.
Notes:	Advisers: Robert Godby; Charles F. Mason.
Contained By:	Dissertation Abstracts International78-03A(E).
Subject:	Economics.
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=10154326
ISBN:	9781369094343

Essays on electricity modeling, transmission congestion, and carbon policy.
Torell, Gregory L.

Essays on electricity modeling, transmission congestion, and carbon policy. - Ann Arbor : ProQuest Dissertations & Theses, 2016 - 315 p.

Source: Dissertation Abstracts International, Volume: 78-03(E), Section: A.

Thesis (Ph.D.)--University of Wyoming, 2016.

The electricity sector represents a major share of the total US energy consumption, and a major emitter of greenhouse gas (GHG) emissions. The electric power sector accounted for 39% of total US energy consumption in 2014, of which 65% was supplied by fossil fuels (Energy Information Administration, 2015). Further, the electricity sector accounted for 2.1 billion tonnes of CO2 equivalent emissions, or 31% of total GHG emissions in 2013 (US Department of State, 2014). The effects of the regulation of GHG emissions on the electricity sector will inevitably impact the market for electricity.

ISBN: 9781369094343Subjects--Topical Terms:

175999
Economics.

Essays on electricity modeling, transmission congestion, and carbon policy.
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245 1 0 $a Essays on electricity modeling, transmission congestion, and carbon policy.
260 $a Ann Arbor : $b ProQuest Dissertations & Theses, $c 2016
300 $a 315 p.
500 $a Source: Dissertation Abstracts International, Volume: 78-03(E), Section: A.
500 $a Includes supplementary digital materials.
500 $a Advisers: Robert Godby; Charles F. Mason.
502 $a Thesis (Ph.D.)--University of Wyoming, 2016.
520 $a The electricity sector represents a major share of the total US energy consumption, and a major emitter of greenhouse gas (GHG) emissions. The electric power sector accounted for 39% of total US energy consumption in 2014, of which 65% was supplied by fossil fuels (Energy Information Administration, 2015). Further, the electricity sector accounted for 2.1 billion tonnes of CO2 equivalent emissions, or 31% of total GHG emissions in 2013 (US Department of State, 2014). The effects of the regulation of GHG emissions on the electricity sector will inevitably impact the market for electricity.
520 $a This dissertation characterizes an electricity dispatch model calibrated to the conditions found in the Rocky Mountain Power Area (RMPA), and performs simulations of outcomes in the region under varying GHG policies and transmission conditions. Within the dissertation, three major works are undertaken.
520 $a The first chapter performs estimates of electricity demand and the nation-wide level in the United States, as well as the interconnect level and by census division. Issues of dynamic adjustment of capital stocks and behavioral rigidity in electricity consumption are modeled using a partial-adjustment framework, which assumes that consumers are able to make less-than-complete adjustment towards the long-run desired level of rational consumption in the face of shocks to the factors of electricity demand.
520 $a The second chapter determines the effects of carbon taxes on a capital-constrained electricity grid. The five-year time period considered in the chapter allows for investigation into the effects of carbon taxes before capital configurations can be fully adjusted. These effects include whether there are net reductions in carbon emissions, as well as changes in prices across nodes in a regional electricity grid. It further determines the role that congestible transmission plays in the efficacy of GHG policy, and whether carbon charges can exacerbate or alleviate congestion on transmission corridors designed to export coal power.
520 $a The final chapter reports a simulation designed to investigate whether there is a trade-off between efficiency in transmission (which reduces total system costs) and the effect that transmission congestion has in limiting the production of CO2 emissions. If the trade-off exists, the increase in total system costs that occurs from transmission congestion would be less than the total cost of paying the carbon tax or the social cost of carbon for the emissions that would have been produced had the congestion not existed. Transmission expansions to reduce congestion could increase emissions, meaning that transmission congestion avoids carbon externalities, and may act as an implicit second-best tax on emissions.
590 $a School code: 0264.
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650 4 $a Environmental economics. $3 182848
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710 2 $a University of Wyoming. $b Economics & Finance. $3 766162
773 0 $t Dissertation Abstracts International $g 78-03A(E).
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791 $a Ph.D.
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793 $a English
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=10154326