Full Title: 2024 Standard Scenarios Report: A U.S. Electricity Sector Outlook
Author(s): Pieter Gagnon, An Pham, Wesley Cole, and Anne Hamilton
Publisher(s): National Renewable Energy Laboratory
Publication Date: December 14, 2024
Full Text: Download Resource
Description (excerpt):
This report documents the tenth edition of the annual Standard Scenarios. It summarizes 61 forward-looking scenarios of the U.S. electricity sector that have been designed to capture a wide range of possible futures.
The Standard Scenarios are simulated using the Regional Energy Deployment System (ReEDS) model. ReEDS projects possible electricity sector evolution by identifying the least-cost buildout and operation of utility-scale assets that meet policy, reliability, and operational constraints. Such a least-cost approach is intended to reflect the results of a well-functioning market or well-regulated system.