The Development and Evaluation of a Highly-resolved California Electricity Market Model to Characterize the Temporal and Spatial Grid, Environmental, and Economic Impacts of Electric Vehicles

The Development and Evaluation of a Highly-resolved California Electricity Market Model to Characterize the Temporal and Spatial Grid, Environmental, and Economic Impacts of Electric Vehicles

Author: Ghazal Razeghi

Publisher:

Published: 2013

Total Pages: 334

ISBN-13: 9781303462061

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Drastic changes need to occur in the electricity generation and transportation sectors in order to address environmental concerns that have attracted attention in recent years. These concerns, combined with increasing energy prices, have led to elevated interest in alternative, and low to non-carbon technologies in both sectors from both researchers and policymakers. In the state of California, integration of renewable resources, and switching to more environmental-friendly transportation options, have been mandated by stringent environmental regulations such as AB 32, AB 118, and RPS goals. A spatially and temporally resolved resource dispatch model is developed that simulates the operations of an electricity market while taking into account all the physical constraints associated with various components of an electricity grid such as transmission system constraints. Multiple modules are also developed to provide inputs to the model and also determine the interaction between electricity generation and transportation sectors. This dispatch model and its modules are used to assess a selected set of future transportation and electricity generation scenarios. These scenarios include various dispatch strategies, integration of renewables, and deploying plug-in electric vehicles. The results show that with appropriate planning, the generation, transmission, and distribution sectors will be able to accommodate a high penetration of plug-in vehicles, and they will result in an overall reduction in criteria pollutant and greenhouse gas emissions. With vehicle smart charging, the need for planning in the generation sector is minimized and the installed generators will be able to handle the extra load caused by the vehicles. Different dispatch strategies are developed and results indicate that the best approach to reduce emissions while keeping the system's costs at acceptable levels is a combination of economic and environmental dispatch strategies. This strategy can also be used to dispatch renewable resources as a part of the market instead of using the current must-take strategy. The methodology and the tools developed provide a means to examine various aspects of future scenarios and their impacts on different sectors, and can be used for decision making and planning purposes.


The California Electricity Crisis

The California Electricity Crisis

Author: Charles J. Cicchetti

Publisher: Springer Science & Business Media

Published: 2007-05-08

Total Pages: 214

ISBN-13: 1402080328

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This book attempts to explain what went wrong in California’s restructured energy markets and what must be done to restore California’s economy and build new electricity systems. The intention here is to reconcile the principles of competition and regulation. California had a severe electricity crisis for about thirteen months beginning in May of 2000. The economic consequences and political fallout that arose from this crisis persist. California’s economy continues to suffer and the state’s treasury is deeply in debt. The state’s three investor-owned utilities were nearly financially decimated. San Diego Gas & Electric has recovered to a greater degree than the other two only because its retail prices are about three times the national average and, for a time, well above the other two IOUs in California. Southern California Edison has recently been restored to investment grade and was granted a rate increase. Pacific Gas & Electric is emerging from bankruptcy. This book discusses all of this in greater detail. The problems and consequences arising from California’s ill-fated foray into electricity market restructuring could damage the state for years to come. Challenges of this nature are not new to the Golden State. In the past, as we explain here, pragmatic, not entrenched, approaches have worked best in California. If California is to relatively quickly restore its previous enviable economic vitality and recover from the damage done to tarnish its luster, pragmatic approaches must again be used.


Getting Energy Prices Right

Getting Energy Prices Right

Author: Ian W.H. Parry

Publisher: International Monetary Fund

Published: 2014-07-22

Total Pages: 198

ISBN-13: 1484388577

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Energy taxes can produce substantial environmental and revenue benefits and are an important component of countries’ fiscal systems. Although the principle that these taxes should reflect global warming, air pollution, road congestion, and other adverse environmental impacts of energy use is well established, there has been little previous work providing guidance on how countries can put this principle into practice. This book develops a practical methodology, and associated tools, to show how the major environmental damages from energy can be quantified for different countries and used to design the efficient set of energy taxes.


Restructured Electricity Markets

Restructured Electricity Markets

Author: Jim Wells

Publisher: DIANE Publishing

Published: 2002-02

Total Pages: 52

ISBN-13: 9780756731755

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Our analysis and other studies found evidence that wholesale electricity suppliers exercised market power by raising prices abov.