Impacts of Green New Deal Energy Plans on Grid Stability, Costs, Jobs, Health, and Climate in 143 Countries

Jacobson, Mark Z.; Delucchi, Mark A.; Cameron, Mary A.; Coughlin, Stephen J.; Hay, Catherine A.; Manogaran, Indu Priya; Shu, Yanbo; Krauland, Anna-Katharina von

doi:10.1016/j.oneear.2020.01.007

Cited by 19 publications

(38 citation statements)

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“…are finding no buyers under conditions of lockdown and layoffs. Opening up an expansive and profitable new line of accumulation (estimated to need $72.8 trillion USD of capital to transition to 100% renewable by 2050; Jacobson et al., 2019), will provide opportunities for value to circulate once again and, thus, expand and enrich its owners.…”

Section: Demand‐side Green Capitalmentioning

confidence: 99%

Approaches to energy transitions: Carbon pricing, managed decline, and/or green new deal?

Eaton

2021

Geography Compass

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The need for wholescale energy transitions across the globe is now clear, but there is still much debate about how best to achieve carbon neutrality by 2050. Carbon‐pricing has so far been unable to avert the coming climate catastrophe. Instead supply‐side, managed decline of the fossil fuel sector and proposals for Green New Deals, or Just Transition are gaining steam among academics, policy communities, and movements and even entering mainstream politics. In this article, I review three main approaches to energy transition and highlight their underlying goals and assumptions. I argue that movements for energy transition must center social and economic justice in their struggles if they want to gain broad‐based appeal.

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Section: Demand‐side Green Capitalmentioning

confidence: 99%

Approaches to energy transitions: Carbon pricing, managed decline, and/or green new deal?

Eaton

2021

Geography Compass

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“…Some studies have shown that high penetration of VRE can substantially increase average cost of electricity [5][6][7][8][9][10] , as additional investments are needed for reserve capacity and storage 11 . Other studies found that such a transition will lower the average cost of electricity, due to the declining prices of photovoltaics (PV), wind turbines, and electricity storage systems [12][13][14][15][16][17] .…”

Section: Mainmentioning

confidence: 99%

“…Previous studies on the cost of decarbonising electricity are, however, based on the simulations for one year or a few continuous years [5][6][7][14][15][16][17] . As these studies only provide a snapshot of possible future electricity system, they offer limited insights on the dynamics of the system and associated costs along the transition.…”

Section: Mainmentioning

confidence: 99%

Decarbonisation scenarios of the U.S. electricity system and their costs

Qiu¹,

Cohen²,

Suh³

2021

Preprint

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Decarbonising electricity is crucial for climate change mitigation, while understanding its economic implications has been a challenge. Previous analyses primarily rely on levelised cost or single-year optimization, which fail to account for the complex spatiotemporal dynamics of capacity expansion and dispatch decisions. Here, we present a regionally resolved national model that considers such dynamics and quantifies the cost of decarbonising the U.S. electricity system under a set of possible scenarios. The result shows that, compared to a business-as-usual scenario, reducing 80% CO2 emission by 2050 relative to 2005 level would incur, depending on the scenarios, $220~$490 billion additional costs (present value in 2020 US$, equivalent to ¢0.15~¢0.34 kWh-1) to the electric sector during 2020–2050, with regional costs ranging -¢0.08~¢0.51 kWh-1. When compared with the mitigated CO2, these additional costs equal to $10 and $37 per tCO2 reduced, which are well below the social cost of carbon in the literature.

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“…The biggest hurdles for the sustainability transition are in this category. From technical and economic perspective, the transition is feasible; see Jacobsen et al [7]. The socio-political hurdles are significant.…”

Section: Resourcesmentioning

confidence: 99%

A Roadmap for Sustainability for a Community in The Netherlands

Müller

2020

2020 IEEE 15th International Conference of System of Systems Engineering (SoSE)

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The sustainability transition is a systems of systems challenge to the power 'n'. The amount of systems and organizations that is involved is inconceivable for most humans. A roadmap is a means to structure much information and to help humans and organizations to understand their role in this transition. This paper describes a roadmap for a local municipality in the Netherlands. It explains the roadmap contents and the current experiences in using and evolving the roadmap. The general response to the roadmap is quite positive. However, we need to evolve the roadmap to turn it into a living entity that is helping the sustainability transition.

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Impacts of Green New Deal Energy Plans on Grid Stability, Costs, Jobs, Health, and Climate in 143 Countries

Cited by 19 publications

References 0 publications

Approaches to energy transitions: Carbon pricing, managed decline, and/or green new deal?

Approaches to energy transitions: Carbon pricing, managed decline, and/or green new deal?

Decarbonisation scenarios of the U.S. electricity system and their costs

A Roadmap for Sustainability for a Community in The Netherlands

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