The Iran Shock Is Not Over
A Conversation With Jason Bordoff and Meghan L. O'Sullivan. Podcast hosted by Foreign Affairs Editor Dan Kurtz-Phelan.
External Publication with Kong Chyong • Science Direct | iScience • November 08, 2023
Britain has been a global leader in reducing emissions, but little progress has been made on heat, which accounts for almost one-third of UK emissions and the largest single share is domestic heat, which is responsible for 17% of the national total.
Britain has been a global leader in reducing emissions, but little progress has been made on heat, which accounts for almost one-third of UK emissions and the largest single share is domestic heat, which is responsible for 17% of the national total. Given the UK’s 2050 “Net-Zero” commitment, decarbonizing heat is becoming urgent and currently one of the main pathways involves its electrification. Here, we present a spatially explicit optimization model that investigates the implications of electrifying domestic heat on the operation of the power sector. Using hourly historical gas demand data, we conclude that the domestic peak heat demand is almost 50% lower than widely cited values. A 100% electrification pathway can be achieved with only a 1.3-fold increase in generation capacity compared to a power-only decarbonization scenario, but only by leveraging the role of thermal energy storage technologies without which a further 40% increase would be needed.
Data centers face growing local opposition as states impose moratoriums on hyperscale projects and grid connections. Communities can negotiate deals for tax revenue and jobs.
When the One Big Beautiful Bill Act was enacted, a widespread reading was that US power-sector decarbonization had been derailed.
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External Publication with Kong Chyong • Science Direct | iScience • November 08, 2023