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At a webinar last week, The Changing Face of Electric Resource Planning,” Dr. Jeremy Fisher and Patrick Luckow explored the changing functions of integrated resource plans across the United States. Dr. Elizabeth A. Stanton and Dr. Ariel Horowitz moderated the webinar. Dr. Horowitz continues the conversation here with a post on the technical challenges of modeling new energy resources.

Economy-Wide Emissions Modeling for the Real World: Conventional electricity modeling done in isolation no longer cuts it in a world that is rapidly transitioning to a new energy future. As we increasingly electrify our transportation, building heating, and other energy end uses, substantial energy and emissions will be shifted to the electric sector.

In 2014, Synapse worked with Regional Economic Models, Inc. (REMI) on two projects to integrate Synapse’s in-house version of ReEDS, a detailed electricity sector optimization model developed by NREL, with REMI’s macroeconomic analysis tool, PI+. This integration gives a high-resolution view of the effect of changing energy prices and investment decisions on job creation, GDP, and income, as well as differential impacts by income group, industry, or region. Synapse and REMI analyzed both a nationwide and a Massachusetts-specific carbon tax.

Clean Power Plan Planning Tool (CP3T): A walkthrough of Synapse’s free tool for state compliance

Register today for a free webinar with Synapse’s Patrick Knight, CP3T developer

Date: Friday, November 21, 2014

Time: 1:00 – 1:45 p.m. EST

Register for Webinar: Click here

Will potential new EPA ozone restrictions have devastating effects on the U.S. economy? That’s the claim made by a recent NERA Economic Consulting study. Cautioning media outlets to think and write critically about such claims, Media Matters for America published an article citing experts—including Synapse senior economist Frank Ackerman—who enumerated the methodological faults of the study.