Lowest cost path to meeting electricity demand at the state level: Implications of carbon cap-and-trade

摘要

We develop a linear optimization model at the state level, and use this model to investigate how policy constraints on greenhouse gas emissions may affect the lowest-cost choices for electricity generation over the next twenty years. The state-level model provides local and regional decision-makers with a basis for understanding the potential impacts of policy changes, and provides a basis for planning and policy analysis.