Resource Documents by Frank, Charles
Plummer, James; Frank, Charles; and Michaels, Robert
Wind and solar are much less efficient decarbonizers than combined-cycle gas turbines
ABSTRACT We compare three technologies that produce electricity in the United States: wind, solar, and combined-cycle gas turbines (CCGT). We use the 2016 electric utility database compiled by the U.S. Energy Information Administration (EIA). That database has the advantage of being based on a census of U.S. power plants rather than sampling, as well as excluding any subsidies received by the power plants. We show the cost savings achieved when there is a shift between coal-fired generation and generation by . . . Complete article »
Frank, Charles
Net benefits of low and no-carbon electricity technologies
This paper examines five different low and no-carbon electricity technologies and presents the net benefits of each under a range of assumptions. It estimates the costs per megawatt per year for wind, solar, hydroelectric, nuclear, and gas combined cycle electricity plants. To calculate these estimates, the paper uses a methodology based on avoided emissions and avoided costs, rather than comparing the more prevalent “levelized” costs. Three key findings result: First—assuming reductions in carbon emissions are valued at $50 per metric . . . Complete article »
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