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Key findings from the core North American scenarios in the EMF34 intermodel comparison

handle: 10044/1/80866
Abstract Within Canada, Mexico or the United States, policy-making organizations are evaluating energy markets and energy trade within their own borders often by ignoring how these countries’ energy systems are integrated with each other. These analytical gaps provided the main motivation for the Energy Modeling Forum (EMF) 34 study on North American energy integration and trade. This paper compares North American results from 17 models and discusses their policy motivation. Oil and natural gas production in the three major countries are modestly sensitive to crude oil and natural gas price changes, although these elasticities are below unity. Carbon taxes displace coal and some natural gas with renewables within all three power markets. Lower natural gas prices replace coal and some renewables with natural gas within electric generation. Higher intermittent renewable penetration in the power sector displaces coal and some natural gas. A key conclusion is that much remains to be done in integrating future analyses and in sharing and improving the quality and consistency of the underlying data.
- National Energy Technology Laboratory United States
- Johns Hopkins University United States
- Joint Global Change Research Institute United States
- Joint Global Change Research Institute United States
- National Energy Technology Laboratory United States
Energy, 330
Energy, 330
citations This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).27 popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.Top 10% influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).Top 10% impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.Top 10%
