Emissions, Transmission, and the Environmental Value of Renewable Energy

A-Tier
Journal: American Economic Journal: Economic Policy
Year: 2021
Volume: 13
Issue: 2
Pages: 241-72

Authors (3)

Harrison Fell (not in RePEc) Daniel T. Kaffine (University of Colorado) Kevin Novan (not in RePEc)

Score contribution per author:

1.341 = (α=2.01 / 3 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We examine how transmission congestion alters the environmental benefits provided by renewable generation. Using hourly data from the Texas and midcontinent electricity markets, we find that relaxing transmission constraints between the wind-rich areas and the demand centers of the respective markets conservatively increases the nonmarket value of wind by 30 percent for Texas and 17 percent for midcontinent markets. Much of this increase in the nonmarket value arises from a redistribution in where air quality improvements occur—when transmission is not constrained, wind offsets much more pollution from fossil fuel units located near highly populated demand centers.

Technical Details

RePEc Handle
repec:aea:aejpol:v:13:y:2021:i:2:p:241-72
Journal Field
General
Author Count
3
Added to Database
2026-01-25