Shifts in national & global financial Eventual stabilization of financial markets following based on wiser economic policy markets and growth, which reduces deficit spending. U.S. and global financial markets return to accommodative credit growth patterns. Shifts in the availability & prices of Shale gas development regulated. Renewable energy costs become more commodity fuels used in the electricity competitive with fossil fuel-fired energy. sector Scenario Two: Form of Power Description Direction of Change TBD by Model Results Central Station Coal/CCS Large-scale coal-fired power generation in the +increasing, but with CCS only large megawatt scale needing transmission connections/with clean carbon sequestration. Central Station Gas Large-scale natural gas-fired generation in the ~same as historical levels, competing large megawatt scale needing transmission with renewables connections Central Station Solar Large-scale solar power generation at the +increasing with technology megawatt scale needing transmission breakthroughs connections Central Station Wind Large-scale wind-powered generation in the +increasing with economic growth and megawatt scale needing transmission new technology connections Central Station Nuclear Large-scale nuclear-powered generation --fast decline due to clean alternatives needing transmission connections Geothermal Power Central station geothermal needing transmission +increasing with new technology
Shifts in national & global financial markets Eventual stabilization of financial markets following based on wiser economic policy and growth, which reduces deficit spending. U.S. and global financial markets return to accommodative credit growth patterns. Shifts in the availability & prices of commodity fuels used in the electricity sector Shale gas development regulated. Renewable energy costs become more competitive with fossil fuel-fired energy. Scenario Two: Form of Power Description Direction of Change TBD by Model Results Central Station Coal/CCS Large-scale coal-fired power generation in the large megawatt scale needing transmission connections/with clean carbon sequestration. +increasing, but with CCS only Central Station Gas Large-scale natural gas-fired generation in the large megawatt scale needing transmission connections ~same as historical levels, competing with renewables Central Station Solar Large-scale solar power generation at the megawatt scale needing transmission connections +increasing with technology breakthroughs Central Station Wind Large-scale wind-powered generation in the megawatt scale needing transmission connections +increasing with economic growth and new technology Central Station Nuclear Large-scale nuclear-powered generation needing transmission connections --fast decline due to clean alternatives Geothermal Power Central station geothermal needing transmission +increasing with new technology
WECC_Scenarios.docx