#1ENERGY POLICY SIMULATOR ENERGY INNOVATION POLICY & TECHNOLOGY LLC#2THE ENERGY POLICY SIMULATOR HELPS POLICYMAKERS... Understand impacts of energy and environmental policies Find the best way to meet their climate, financial, and other goals Make policy decisions that are unbiased and data- supported#3California Virginia Alberta Canada Minnesota Nevada United States Mexico Total: 54% of Global Emissions Poland India China Hong Kong Saudi Arabia Indonesia#4MODEL We develop a BAU forecast using data from reputable, national models BUSINESS AS USUAL EMISSIONS (CO2E) EIA's Annual Energy Outlook Accounts for EPA's Global Non-CO2 Covid-19 Recession Greenhouse Gas Emissions Projections NREL's Electrification Futures Study 2020 2030 2040 2050 Forecasted through 2050#5POLICIES Electric vehicle sales mandate Early retirement of power plants Building electrification Renewable Portfolio Standard Fuel economy standard Grid scale storage Carbon tax Hydrogen research and development Methane capture and destruction Carbon capture and storage Feebate Industrial efficiency Afforestation & Building efficiency reforestation#6POLICY SCENARIOS Net zero emissions scenario#7INTERACTIVE EMISSIONS IMPACTS - 1 MT CO2e 1 MT CO2e 1 MT CO2e 1 MT CO2e Λ V 2 MT CO2e 2 MT CO2e#8SYSTEM DYNAMICS: PREDICTS COMBINED POLICY EFFECTS Clean Electricity Grid Distributed Energy Resources Early Retirement of Fossil Fuel Plants 8 Building Energy Efficiency Building Electrification Appliance Stock Turnover#9OUTPUTS $ Energy and Climate GHG emissions, energy consumption, electricity capacity by type Health Health-related pollutants & premature mortality Economic GDP, jobs, tax revenue & change in cash flows#10ECONOMY WIDE MODELLING Top-Down Model Results and Inputs Bottom-Up Model Results and Inputs Energy Policy Simulator#11TYPICAL CALCULATION FLOW Transportation Demand Management EV Subsidy Optimization Retiring Vehicles Annual Travel Demand New Vehicles Needed Annual Vehicle Distance Traveled Vehicle Prices New Vehicles Portation Endogenous Learning New Vehicle / Stock Efficiency Transportation Vehicle Emissions Operating Costs Fuel Efficiency Emissions Factors Fuel Economy Standards#12R&D Fuels CCS Industry & Ag Buildings Transportation Land Use Cash Flow Electricity District Heat & Hydrogen Pollutants 1-0 Model: Jobs/GDP Health Outcomes#13WHO USES THE MODEL? IIIII Policy Makers Advocates 圀 Regulators#14EXTERNAL REVIEWERS, ADVISERS, AND CONTRIBUTORS National Labs Argonne NATIONAL LABORATORY rrrrrrr BERKELEY LAB ONREL NATIONAL RENEWABLE ENERGY LABORATORY Universities Global Partners וויו entia tatu Massachusetts Institute of Technology THE UNIVERSITY OF CHICAGO Stanford University $ L/1 THE FLETCHER SCHOOL TUFTS UNIVERSITY WORLD RESOURCES INSTITUTE PEMBINA institute KAPSARC مركز الملك عبد الله للدراسات والبحوث البترولية King Abdullah Petroleum Studies and Research Center LESR European KAPE Climate Foundation 3 centro mario molina N 国家应对气候变化战略研究和国际合作中心 National Center for Climate Change Strategy and International Cooperation (NCSC)#15WEB TOOL HTTPS://COLORADO.ENERGYPOLICY.SOLUTIONS/#16Buildings Heating Cooling and ventilation Envelope Lighting Appliances Other Industry and Agriculture Cement Natural gas and petroleum Iron and steel Chemicals Coal Mining Water and Waste Other Industries Urban Residential Rural Residential Commercial#17Nonrenewables Hard Coal Lignite Natural gas (nonpeaker) Natural gas (peaker) Heavy or residual fuel oil Crude oil Other petroleum Municipal Solid Waste Nuclear Renewables Hydro Offshore Wind Onshore Wind Solar PV Solar Thermal Biomass Geothermal#18Passenger Modes Cars and SUVs Buses Passenger aircraft Passenger rail Passenger boats Motorbikes Transportation Freight Modes Light trucks Medium and heavy truck Freight aircraft Freight rail Freight shipping Vehicle Technologies Gasoline engine Diesel engine Natural gas vehicle LPG vehicle Battery electric vehicle Plug-in hybrid vehicle Hydrogen vehicle