Friday, November 6, 2015

U.S. Energy Policy Simulator

San Francisco-based think tank Energy Innovation (EI) unveiled its Energy Policy Simulator, a powerful tool for testing dozens of decarbonization strategies in the U.S. economy and evaluating their costs. The simulator is capable of calculating changes in generation capacity, emissions of greenhouse gas and other pollutants, and economy-wide investments and costs for more than 50 separate policies, among other impacts.
It was originally developed for the Chinese government in 2012 as they attempted to assess when they could peak their carbon emissions, and how much it would cost to reduce them. The EI team ran more than 10,000 different simulations to analyse policies that meet the U.S. Clean Power Plan.  Read more at http://www.utilitydive.com/