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A lot left over: Reducing CO2 emissions in the United States’ electric power sector through the use of natural gas

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  • Lafrancois, Becky A.

Abstract

As the leading contributor of greenhouse gas emissions, the electricity sector stands to be impacted by policies seeking to curtail emissions. Instead of increasing electricity from renewable resources or nuclear power facilities, an alternative approach to reducing emissions in the electric power sector is changing the dispatch order of fossil fuels. Important differences between fossil fuels, and in the technologies used to burn them, make it possible to substantially reduce emissions from the sector. On average, each gigawatt-year of electricity generation switched from coal to natural gas reduces CO2 emissions by 59 percent. As a result of significant investments in natural gas fired power plants in the United States between 1998 and 2005, there is an opportunity for electricity producers to take advantage of underutilized capacity. This is the first study to closely examine the new capital additions and analyze the technical potential for reductions in emissions. The analysis finds that 188GW of capacity may be available to replace coal-fired baseload electricity generation. Utilizing this excess gas-fired capacity will reduce the sector's CO2 emissions by 23 to 42 percent and reduce overall U.S. CO2 emissions between 9 percent and 17 percent.

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  • Lafrancois, Becky A., 2012. "A lot left over: Reducing CO2 emissions in the United States’ electric power sector through the use of natural gas," Energy Policy, Elsevier, vol. 50(C), pages 428-435.
  • Handle: RePEc:eee:enepol:v:50:y:2012:i:c:p:428-435
    DOI: 10.1016/j.enpol.2012.07.038
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    Cited by:

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    3. Yingjian, Li & Abakr, Yousif A. & Qi, Qiu & Xinkui, You & Jiping, Zhou, 2016. "Energy efficiency assessment of fixed asset investment projects – A case study of a Shenzhen combined-cycle power plant," Renewable and Sustainable Energy Reviews, Elsevier, vol. 59(C), pages 1195-1208.
    4. Philipp M. Richter, 2015. "From Boom to Bust? A Critical Look at US Shale Gas Projections," Economics of Energy & Environmental Policy, International Association for Energy Economics, vol. 0(Number 1).
    5. Long, Xingle & Naminse, Eric Yaw & Du, Jianguo & Zhuang, Jincai, 2015. "Nonrenewable energy, renewable energy, carbon dioxide emissions and economic growth in China from 1952 to 2012," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 680-688.
    6. Linn, Joshua & Muehlenbachs, Lucija, 2018. "The heterogeneous impacts of low natural gas prices on consumers and the environment," Journal of Environmental Economics and Management, Elsevier, vol. 89(C), pages 1-28.
    7. Joseph A. Cullen & Erin T. Mansur, 2017. "Inferring Carbon Abatement Costs in Electricity Markets: A Revealed Preference Approach Using the Shale Revolution," American Economic Journal: Economic Policy, American Economic Association, vol. 9(3), pages 106-133, August.
    8. Harrison Fell & Daniel T. Kaffine, 2014. "A one-two punch: Joint effects of natural gas abundance and renewables on coal-fired power plants," Working Papers 2014-10, Colorado School of Mines, Division of Economics and Business.
    9. Carroll, Deborah A. & Stevens, Kelly A., 2021. "The short-term impact on emissions and federal tax revenue of a carbon tax in the U.S. electricity sector," Energy Policy, Elsevier, vol. 158(C).
    10. Brehm, Paul, 2019. "Natural gas prices, electric generation investment, and greenhouse gas emissions," Resource and Energy Economics, Elsevier, vol. 58(C).

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