EIA AEO2020 Alternative Cases Release: Modeling a Low-Carbon US Electric Sector
Illuminating potential influences as the US power sector transitions over time
The US Energy Information Administration (EIA) recently released its 2020 Annual Energy Outlook (AEO), which provides updated projections of US energy markets. As an extension of the initial report, the EIA produced a set of complementary analyses that take a deeper dive into issues affecting the US electric power sector. These “Issues in Focus” side cases shed light on the potential effects of a range of clean energy policies on electricity markets—a critical starting point for decarbonization of the US economy.
On March 5, 2020, Resources for the Future (RFF) hosted a discussion on this special set of cases. EIA researchers kicked off the event with short presentations on the design and outcomes of the scenarios they modeled. A second panel of experts then contextualized the modeling results by reviewing broader trends in electricity markets and current policies. This RFF workshop helped to illuminate potential influences as the US electric power sector transitions over time.
Welcome and Opening Remarks
9:00 a.m.–9:15 a.m.
Richard G. Newell, President and CEO, Resources for the Future
Linda Capuano, Administrator, US Energy Information Administration
Panel I: Describing the Range of Uncertainty—Results from AEO2020 “Issues in Focus” Cases
Presentations from US Energy Information Administration
9:15 a.m.–10:15 a.m.
Moderator: Karen Palmer, Senior Fellow and Director, Future of Power Initiative, Resources for the Future
- Issue 1: Carbon-Free Generation Standard
Christopher Namovicz, Team Leader, Renewables Team
- Issue 2: Lower Renewables Technologies Costs
Manussawee Sukunta, Renewables Team
- Issue 3: Variability in End-Use PV Projections
Erin Boedecker, Team Leader, Residential/Commercial Energy Demand Team
- Issue 4: Impacts of Alternative Carbon Fee Cases
Thad Huetteman, Team Leader, Electricity Analysis Team
10:15 a.m.–10:30 a.m. Break
Panel II: Impact of Current Policies on Electricity Markets
10:30 a.m.–11:30 a.m.
Moderator: Richard G. Newell, President and CEO, Resources for the Future
- Benjamin Hobbs, Director of the Environment, Energy, Sustainability & Health Institute, Johns Hopkins University
- Jennifer Macedonia, Principal Consultant, JLM Environmental Consulting
- Robert McMurry, Director of Resource Planning, Duke Energy
Team Leader, Residential/Commercial Energy Demand Team, EIA
Director of the Environment, Energy, Sustainability & Health Institute, Johns Hopkins University
Team Leader, Electricity Analysis Team, EIA
Principal Consultant, JLM Environmental Consulting
Director of Resource Planning, Duke Energy
Team Leader, Renewables Team, EIA
Richard G. Newell
Dr. Richard G. Newell is the President and CEO of Resources for the Future. From 2009 to 2011, he served as the administrator of the US Energy Information Administration, the agency responsible for official US government energy statistics and analysis.
Karen Palmer is a Senior Fellow at Resources for the Future and an expert on the economics of environmental, climate and public utility regulation of the electric power sector. She also serves as the director of the Future of Power Initiative.
Renewables Team, EIA
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