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Annual Suite of Electricity System Scenarios Shows There Could Be Fewer Emissions, More Renewables, and Clean Energy Tax Credits Continued Through 2050
The National Renewable Energy Laboratory (NREL) just released its 2023 Standard Scenarios, which shows how the U.S. electricity sector might change through 2050. The scenarios can guide power system planning and enable dialogue using a common set of assumptions.
The Standard Scenarios is one of several annually updated NREL products designed to support decision makers in the U.S. electricity sector. Every year, NREL uses its Regional Energy Deployment System (ReEDS) model to create the new scenarios, taking into account the latest projections for technology costs and performance from NREL’s Annual Technology Baseline. Now in its ninth…
Read the full article originally published at cleantechnica.com.