Efficacy Analysis of Carbon Control Levers in North American Power Markets

Authors

C Luke MetcalfFollow

Degree Program

M.E.M

Year of Graduation

2021

Sponsor

Richard Tabors Newton, MA

Faculty Advisor

John Harris

Document Type

Report

Publication Date

9-14-2020

Abstract

This study uses the Enelytix power market modeling software in a novel way to simulate 65 different scenarios in the PJM wholesale electricity market with a wide range of carbon control policies, deriving 20 years of cost, carbon emission, and fuel mix trends for each. Scenarios are compared against a completely “hands-off” base case in which all policies related to carbon emissions are eliminated. The study distinguishes between hard and soft costs, discounted to present value, with the latter covering tax revenue, before considering business implications and engineering limitations of the resulting trends.

Level of Access

Restricted: Campus/Dartmouth Community Only Access

Original Citation

C Luke Metcalf, "Efficacy Analysis of Carbon Control Levers in North American Power Markets," 2020, Thayer School of Engineering.

Dartmouth Digital Commons Citation

Metcalf, C Luke, "Efficacy Analysis of Carbon Control Levers in North American Power Markets" (2020). ENGG 390 Reports (MEM Students). 102.
https://digitalcommons.dartmouth.edu/engs390/102