Interacting policies in power systems: Renewable subsidies and a carbon tax

Citation data:

The Electricity Journal, ISSN: 1040-6190, Vol: 30, Issue: 6, Page: 80-84

Publication Year:
2017
Usage 25
Abstract Views 21
Link-outs 4
DOI:
10.1016/j.tej.2017.06.004
Author(s):
Vivek Bhandari, Anthony M. Giacomoni, Bruce F. Wollenberg, Elizabeth J. Wilson
Publisher(s):
Elsevier BV
Tags:
Business, Management and Accounting, Energy, Social Sciences
article description
Without careful planning and design, energy policies like carbon taxes and renewable subsidies like production tax credits undercut one another in unanticipated ways. We examine how a carbon tax interacts with PTCs by simulating an electricity market using the IEEE RTS model with a carbon tax of $38/tonCO2e and a PTC of $23/MWh. The results show that PTCs work against the carbon tax by both lowering average energy prices and altering the generator dispatch.

This article has 0 Wikipedia mention.