clean electricity costs with and without societal cost savings
Digital Art on Metal 30" W X 24" H
THE SKETCH
WHAT'S inspirING
Wholesale Electricity Costs with (left) and without (right) Environmental Costs, for
the 90% Clean and No New Policy Cases
“If environmental costs* are included, wholesale electricity costs are about 33% lower in 2035 under the 90% Clean case than they are in 2020, and they are 25% lower in 2035 under the 90% Clean case than they are in 2035 under the No New Policy case. Without considering environmental costs, wholesale electricity costs are 10% lower in 2035 under the 90% Clean case than they are in 2020, but they are 12% higher in 2035 under the 90% Clean case than they are in 2035 under the No New Policy case. 2035 The Report, page 22
* The 90% Clean Case avoids over $1.3 trillion (2018 dollars) in environmental and health costs through 2050, including avoiding around 85,000 premature deaths (approximately 3,500 avoided deaths per year) from 2020-2050. The environmental cost adder reduces to $2/MWh by 2035 and beyond. 2035 The Report, Appendix 4*
2035 The Report, June 2020, Goldman School of Public Policy, University of California Berkeley, Gridlab, Energy Innovation, PaulosAnalysis, www.2035report.com, authors: Amol Phadke, Umed Paliwal, Nikit Abhyankar, Taylor McNair, Ben Paulos, David Wooley, Ric O’Connell
The Art is derived from the figure on the left.