Abstract
This paper estimates the price-induced impacts of decarbonization policy on CO2emissions in California and the Pacific Northwest. We document that retail demands for electricity and natural gas by customer class are highly price-inelastic. Based on the heat rates of natural-gas-fired generation, we find that a 10% electricity rate increase due to electricity decarbonization may not have the consumption effects of further reducing the region's CO2emissions.
Original language | English |
---|---|
Pages (from-to) | 44-49 |
Number of pages | 6 |
Journal | Electricity Journal |
Volume | 30 |
Issue number | 10 |
DOIs | |
Publication status | Published - 1 Dec 2017 |
Keywords
- California
- Consumption effects
- Electricity decarbonization
- Pacific Northwest
ASJC Scopus subject areas
- Business and International Management
- Energy (miscellaneous)
- Management of Technology and Innovation
- Law