John Parsons
@johnparsons.bsky.social
Financial economist at MIT working on energy, environment and risk. Used to have a great crystal ball, but it's now in for repairs. Image: Barlach's Reader
https://www.mit.edu/~jparsons/
https://www.mit.edu/~jparsons/
Finally, we simulate 1000 storms of the same magnitude of Winter Storm Elliot and measure the number of households curtailed during each storm. On average, the BWA reduces the number of households that face outages by 2.6 million! (8/8)
January 31, 2024 at 9:31 PM
Finally, we simulate 1000 storms of the same magnitude of Winter Storm Elliot and measure the number of households curtailed during each storm. On average, the BWA reduces the number of households that face outages by 2.6 million! (8/8)
The BIG WIRES Act would reduce the electricity system cost by $330 million annually in the no CO2 reduction scenario and by $2.46 billion annually in the 95% CO2 reduction scenario, compared to the status quo. The BWA's min is 30%. W/no CO2 constraint this is optimal! (5/8)
January 31, 2024 at 9:31 PM
The BIG WIRES Act would reduce the electricity system cost by $330 million annually in the no CO2 reduction scenario and by $2.46 billion annually in the 95% CO2 reduction scenario, compared to the status quo. The BWA's min is 30%. W/no CO2 constraint this is optimal! (5/8)
The BIG WIRES Act would significantly increase the interregional transmission capacity across the U.S., especially between the regions with high renewable potential and high demand. (4/8)
January 31, 2024 at 9:31 PM
The BIG WIRES Act would significantly increase the interregional transmission capacity across the U.S., especially between the regions with high renewable potential and high demand. (4/8)