Add a policy lever that allows the user to implement a subsidy for new capacity construction (subscripted by power plant type). This policy would be similar to the U.S. Investment Tax Credit (ITC) and accompanies the already-existing policy that subsidizes generation by specific power plant types. This lowers the cost of new construction seen by utilities and involves a cash flow transfer from government to electricity suppliers.
jrissman
commented
4 years ago
Add a policy lever that allows the user to implement a subsidy for new capacity construction (subscripted by power plant type). This policy would be similar to the U.S. Investment Tax Credit (ITC) and accompanies the already-existing policy that subsidizes generation by specific power plant types. This lowers the cost of new construction seen by utilities and involves a cash flow transfer from government to electricity suppliers.