Emissions, Transmission, and the Environmental Value of Renewable Energy Journal Article uri icon

Overview

abstract

  • We examine how transmission congestion alters the environmental benefits provided by renewable generation. Using hourly data from the Texas and midcontinent electricity markets, we find that relaxing transmission constraints between the wind-rich areas and the demand centers of the respective markets conservatively increases the nonmarket value of wind by 30 percent for Texas and 17 percent for midcontinent markets. Much of this increase in the nonmarket value arises from a redistribution in where air quality improvements occur—when transmission is not constrained, wind offsets much more pollution from fossil fuel units located near highly populated demand centers. (JEL L94, Q42, Q51, Q53)

publication date

  • May 1, 2021

has restriction

  • green

Date in CU Experts

  • February 18, 2022 9:11 AM

Full Author List

  • Fell H; Kaffine DT; Novan K

author count

  • 3

Other Profiles

International Standard Serial Number (ISSN)

  • 1945-7731

Electronic International Standard Serial Number (EISSN)

  • 1945-774X

Additional Document Info

start page

  • 241

end page

  • 272

volume

  • 13

issue

  • 2