The Effects of Fuel Costs on New Electricity Generators in the United States

IF 1.3 4区经济学 Q3 ECONOMICS

Land Economics Pub Date : 2023-12-18 DOI:10.3368/le.100.3.091822-0070r

Laura Grant, Alexey Yukhov

引用次数: 0

Abstract

We estimate the effect of the natural gas fuel cost on the choices for a new power generator, the energy source gas, wind, or solar and its capacity. Higher fuel costs increase odds of more renewable capacity, as opposed to gas, with large, significant effects for both wind and solar. As the U.S. has yet to implement nationwide carbon policies, we use fuel cost to proxy for a carbon tax. Our scenarios of $10-to-$50 per ton of carbon dioxide (CO ! ) reduce emissions from new generators by 22 to 47 percent, equivalent to 2 to 4 percent of total electricity emissions.

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燃料成本对美国新建发电厂的影响

我们估算了天然气燃料成本对新发电设备、天然气、风能或太阳能能源及其发电量选择的影响。较高的燃料成本会增加可再生能源发电量的几率，而不是天然气发电量，这对风能和太阳能发电量都有很大的显著影响。由于美国尚未实施全国性的碳政策，我们使用燃料成本来替代碳税。在每吨二氧化碳（CO ! ）征收 10 到 50 美元的情况下，新发电机的排放量将减少 22% 到 47%，相当于电力总排放量的 2% 到 4%。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Land Economics Multiple-

CiteScore

2.60

自引率

0.00%

发文量

期刊介绍： Land Economics is dedicated to the study of land use, natural resources, public utilities, housing, and urban land issues. Established in 1925 by the renowned economist and founder of the American Economic Association, Richard T. Ely at the University of Wisconsin, Land Economics has consistently published innovative, conceptual, and empirical research of direct relevance to economists. Each issue brings the latest results in international applied research on such topics as transportation, energy, urban and rural land use, housing, environmental quality, public utilities, and natural resources.