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From page 241...
... 6 The Essential Role of Clean Electricity ABSTRACT Reducing and eventually eliminating greenhouse gas emissions from power generation is essential to reducing overall greenhouse gas emissions in the U.S. energy system.
From page 242...
... Other chapters address the important changes that need to occur in the built environment, transportation, and industrial sectors as they rely increasingly on electrical energy, and in public engagement and financial systems to support these transitions. INTRODUCTION Clean electricity is essential to decarbonizing the U.S.
From page 243...
... ○ Establishing and funding a new national green bank to support a wide variety of investments (e.g., in the power sector, buildings and other eligible project targets)
From page 244...
... Market Conditions Although the U.S. economy overall remains highly dependent on fossil fuels (with coal, oil and natural gas providing nearly four-fifths of all primary energy consumption (Chapter 12)
From page 245...
... In March 2021, President Biden proposed a $2 trillion infrastructure plan, including hundreds of billions of investment for the electric grid and clean energy and climate technology (Parlapiano and Tankersley 2021)
From page 246...
... for relevant sections (not counting the support for electrifying transportation [in the golden rectangle] and reducing energy costs and improving efficiency [in the green rectangle]
From page 248...
... Subnational Government Policy Meanwhile, states and localities have also taken steps to lower power-sector emissions. Most states have some sort of mandate to add increasing amounts of renewable energy to their electricity supply, and many states have further requirements to significantly reduce or eventually eliminate electricity sources with GHG emissions in the decades ahead (Figure 6-2)
From page 249...
... FIGURE 6-2 States with Climate, Renewable or GHG-Reduction Mandates for the Electricity Sector as of September 2023. NOTE: Map annotated by the committee on September 12, 2022.
From page 250...
... FIGURE 6-3 Subnational and Private Sector Climate Commitments. SOURCE: Reproduced with permission from Hultman et al.
From page 251...
... FIGURE 6-4 Service Territories of Electric Utilities with Commitments Made to Reduce Power Sector Emissions. SOURCE: Smart Electric Power Alliance, generated by ORNL, ©2023 Mapbox ©OpenStreetMap.
From page 252...
... FIGURE 6-5 Plot of voluntary electric utility company emissions reduction pledges compared with state requirements. SOURCE: This article was published in D
From page 253...
... battery capacity, future fossil fuel prices, and the availability of transmission expansion potentially leading to higher or lower emissions levels by 2032 (CBO 2022)
From page 254...
... The REPEAT Project examined the sensitivity of different carbon-reduction outcomes in the power sector to changes in assumptions about the pace of build-out of the nation's high-voltage transmission grid. Zero-emitting resources would accelerate and expand so as to contribute from approximately 50 percent to 80 percent of power supply by 2030 and between 60 percent and 85 percent by 2035 (see Figure 6-8)
From page 255...
... FIGURE 6-8 Generation Shares by Resource by 2035, Under Various Transmission-Expansion Assumptions. SOURCE: Jenkins et al.
From page 256...
... FIGURE 6-10 2030 Emissions reductions by sector and scenario. SOURCE: Tallackson and Baldwin (2022)
From page 257...
... 2030, power-sector emissions would drop by 70–75 percent relative to 2005, as compared to approximately a 48.5 percent reduction without the policy (Roy et al.
From page 258...
... and emissions outcomes for the power sector are more closely aligned across models by 2035, with key provisions from the law resulting in emissions reductions of 43 percent and 48 percent below 2005 levels by 2035 (Bistline et al.
From page 259...
... clear progress to date (including with the IIJA, IRA, state policy, and private-sector commitments) , additional policies will be needed to successfully address persistent barriers to decarbonizing the electricity sector during the next decade and for the years beyond 2030/2035.
From page 260...
... Build-Out of the Electric Transmission Grid Given the essential role that the nation's electric transmission system will need to play in enabling decarbonization of the grid in a relatively affordable and timely way, it is imperative that the nation moves forward with planning, siting, building out, and paying for expansion of the high-voltage transmission system. Particularly because many of the best locations for high-quality, utility-scale wind and solar generation are far from population centers, the current grid is insufficient to enable extensive expansion of those resources (Bloom et al.
From page 261...
... FIGURE 6-12 (b) Transmission grid as of 2035 (estimates to support wind and solar generation in E+ scenario with base siting availability)
From page 262...
... each of those agency's processes are time-consuming and their outcomes are uncertain. Many states and other stakeholders do not support expanded federal action to accelerate build-out of the interstate transmission system (Klein 2022; NARUC to FERC 2022)
From page 263...
... Reduction Act (IRA) , in conjunction with other aspects of Federal Power Act requirements and state statutes and regulations, so that • DOE conducts its analyses and identifies corridors where transmission expansion is in the national interest and supports states' goals for decarbonizing their electric systems; • Transmission companies and/or, as appropriate, Regional Transmission Organization plan for projects to fulfill the need(s)
From page 264...
... et al.
From page 265...
... c) Make sure that there are also options to ensure basic electricity service at affordable (and where possible, discounted)
From page 266...
... various types of eligible projects which could include DERs that reduce GHG emissions in low-income and disadvantaged communities (EPA 2022)
From page 267...
... demand; with DERs located in particular in places that meet customer needs and provide grid services; with different pathways to electric vehicle charging buildout; with different levels or patterns of electrification in industry or heavy transport; with different levels of demand for firming hydrogen generation or powering CCS -- the local distribution system will need very substantial investment and expansion. At a minimum, the local grid will require different types of local-distribution system planning and operation than in the past, so that it accommodates two-way flows of power on circuits, more DER installations, more technologies to visualize and in some cases manage and control flows on the local system, and so forth.
From page 268...
... including advanced nuclear, hydrogen technologies, long-duration storage -- will require additional research, development, demonstration, and deployment (Kelly and Nelson 2023)
From page 269...
... Overarching Actor(s) Responsible for Sector(s)
From page 270...
... BIL Summary ("Bipartisan Infrastructure Investment and Jobs Act Summary: A Road to Stronger Economic Growth")
From page 272...
... https://cleanenergygrid.org/wp-content/uploads/2019/04/Transmission-Projects-Ready-to-Go Final.pdf. Grid Deployment Office.
From page 273...
... in the Inflation Reduction Act." Rhodium Group. https://rhg.com/research/climate-clean-energy inflation-reduction-act/.
From page 274...
... https://www.spglobal.com/commodityinsights/plattscontent/_assets/_images/latest news/20201224-renewables.jpg.
From page 275...
... Rivera, A., B
From page 276...
... White House.

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