9 April 24 Renewables Summary - Announcements ,finalbids Completedebrief\/awardsceremonyonthe finaldayofclass(May1 Thesearedueviaemai

9 April 24 Renewables Summary - Announcements ,finalbids...

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4/24/2014 1 Announcements • Round 6 bids due this Friday evening. • After debriefing round 6 on Tuesday, final bids for the true ‐ up auction due Tuesday evening. • Complete debrief /awards ceremony on the final day of class (May 1). • ESG diaries must be submitted individually. These are due via email Tuesday May 6 . Outline • Debrief round 5 • Finish discussion of renewable energy policy (Borenstein reading; Popp reading). • Conclude with discussion of “innovation” policy. • Next class: EEP Careers panel!
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4/24/2014 2 HOUR 1 Wednesday Friday Demand : 14, 693 MW Price : $62 Demand : 14,693 MW Price: $64 0 100 200 300 400 500 PRICE1 0 5000 10000 15000 20000 cummw 0 50 100 150 PRICE1 0 5000 10000 15000 20000 cummw HOUR 2 Wednesday Friday Demand : 16,940 MW Price : $96.24 Demand : 16,940 MW Price : $75 0 100 200 300 400 500 PRICE2 0 5000 10000 15000 20000 cummw 0 50 100 150 PRICE2 0 5000 10000 15000 20000 cummw
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4/24/2014 3 HOUR 3 Wednesday Friday Demand : 18,030 MW Price : $96.24 Demand : 18,620 MW Price : $142.82 0 100 200 300 PRICE3 0 5000 10000 15000 20000 cummw 0 100 200 300 400 500 PRICE3 0 5000 10000 15000 20000 cummw HOUR 4 Wednesday Friday Demand : 16,833 MW Price : $72.00 Demand : 16,833 MW Price : $96.24 0 50 100 150 PRICE4 0 5000 10000 15000 20000 cummw 0 100 200 300 400 500 PRICE4 0 5000 10000 15000 20000 cummw
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4/24/2014Wed. permit market resultsThe Air Resources Board (ARB) held its first auction of greenhouse gas allowances(GHG) on November 14, 2012. The auction included a Current Auction of 2013 vintageallowances and an Advance Auction of 2015 vintage allowances. Below are key dataand information on the results of the auctionTotal Allowances Available for Sale:19,475•Auction Reserve Price:$0.00•Settlement Price Per Allowance:$98.99•Allowances Purchased by Compliance Entities:19,275•Bid Price Summary Statistics•Maximum Price:$150•Minimum Price:$12.99Fri. permit market resultsThe Air Resources Board (ARB) held its first auction of greenhouse gas allowances(GHG) on November 14, 2012. The auction included a Current Auction of 2013 vintageallowances and an Advance Auction of 2015 vintage allowances. Below are key dataand information on the results of the auctionTotal Allowances Available for Sale:33,516•Auction Reserve Price:$0.00•Settlement Price Per Allowance:$130•Allowances Purchased by Compliance Entities:15,592•Bid Price Summary Statistics•Maximum Price:$150•Minimum Price:$50 4
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4/24/2014 5 Wed. emissions (tons CO2) 0 5000 10000 15000 20000 25000 30000 35000 W_4 W_5 W_6 Cap Emissions ? Empty bar corresponds to round 5 emissions intensity * forecast demand Friday emissions (tons CO2) 0 5000 10000 15000 20000 25000 30000 35000 F_4 F_5 F_6 Cap Emissions ? Empty bar corresponds to round 5 emissions intensity * forecast demand
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