Cross-sector impacts of the Clean Electricity Regulation (CER): how different applications affect technology buildout, costs, and consumer energy bills
Abstract
We use an advanced version of the North American TIMES Energy Model (NATEM), comprising both capacity expansion as well as a new optimal dispatch module. The model thus reaps benefits of an economy-wide system model through the endogenous calculation of electricity demand (contrary to traditional electricity models), while also accounting for the operational aspects of the electricity sector. We model the CER and evaluate multiple scenarios to assess how different applications of the CER may affect optimal technology buildout, costs, and emissions in the electricity sector and economy-wide, as well as how different subsidies or tax credits may impact these effects by supporting competing (clean) technologies. Finally, we calculate impacts of the CER on electricity and natural gas consumers rates and bills, and evaluate the financial risk of stranded assets from natural gas distribution abandonment in each province.
Biography
Doğancan Beşikci is an Energy System Modeler at ESMIA. He works on NATEM (North American Times Energy Model) hourly databases for Canadian regions by researching and testing technology-specific and demand load curves. He is also responsible for maintaining the NATEM model databases up-to-date for any future modelling applications that require cost-optimal solutions, to ensure ESMIA’s modeling accounts for the most recent technological progress across energy supply and demand sectors. Doğancan researches developing technologies that are of special interest to ESMIA’s clients in order to parameterize them with their techno-economic characteristics and evaluate how they compete with existing solutions. He specializes in the supply and demand chains for the hydrogen economy.