Papers by G Cornelis van Kooten
Energy Economics, Jul 1, 2008
We develop a nonlinear mathematical optimization program for investigating the economic and envir... more We develop a nonlinear mathematical optimization program for investigating the economic and environmental implications of wind penetration in electrical grids and evaluating how hydropower storage could be used to offset wind power intermittence. When wind power is added to an electrical grid consisting of thermal and hydropower plants, it increases system variability and results in a need for additional peak-load, gas-fired generators. Our empirical application using load data for Alberta's electrical grid shows that 32% wind penetration
International Review of Environmental and Resource Economics, Sep 17, 2007
Carbon terrestrial sinks are seen as a low-cost alternative to fuel switching and reduced fossil ... more Carbon terrestrial sinks are seen as a low-cost alternative to fuel switching and reduced fossil fuel use for lowering atmospheric CO 2. In this study, we review issues related to the use of terrestrial forestry activities to create CO 2 offset credits. To gain a deeper understanding of the confusing empirical studies of forest projects to create carbon credits under Kyoto, we employ meta-regression analysis to analyze conditions under which forest activities generate CO 2emission reduction offsets at competitive 'prices'. In particular, we examine 68 studies of the costs of creating carbon offsets using forestry. Baseline estimates of costs of sequestering carbon are some US$3-$280 per tCO 2 , indicating that the costs of creating CO 2-emission offset credits through forestry activities vary wildly. Intensive plantations in the tropics could potentially yield positive benefits to society, but in Europe similar projects could cost as much as $195/tCO 2. Indeed, Europe is the highest cost region, with costs in the range of $50-$280 per tCO 2. This might explain why Europe has generally opposed biological sinks as a substitute for emissions reductions, while countries rush to finance forestry sector CDM projects. In Canada and the U.S., carbon sequestration costs range from a low of about $2 to nearly $80 per tCO 2. One conclusion is obvious: some forestry projects to sequester carbon are worthwhile undertaking, but certainly not all.
Routledge eBooks, Feb 6, 2018
This working paper is made available by the Resource Economics and Policy Analysis (REPA) Researc... more This working paper is made available by the Resource Economics and Policy Analysis (REPA) Research Group at the University of Victoria. REPA working papers have not been peer reviewed and contain preliminary research findings. They shall not be cited without the expressed written consent of the author(s).
Energy & Environment, Nov 1, 2007
In this paper, an in-depth analysis of power supply and demand on Vancouver Island is used to pro... more In this paper, an in-depth analysis of power supply and demand on Vancouver Island is used to provide information about the optimal allocation of power across 'generating' sources and to investigate the economics of wind generation and penetrability into the Island grid. The methodology developed can be extended to a region much larger than Vancouver Island. Results from the model indicate that Vancouver Island could experience blackouts in the near future unless greater name-plate capacity is developed. While wind-generated energy has the ability to contribute to the Island's power needs, the problem with wind power is its intermittency. The results indicate that wind power may not be able to prevent shortfalls, regardless of the overall name-plate capacity of the wind turbines. Further, costs of reducing CO 2 emissions using wind power are unacceptably large, perhaps more than $100 per t CO 2 , although this might be attributable to the mix of power sources making up the Island's grid.
Canadian Public Policy-analyse De Politiques, Dec 1, 2003
This working paper is made available by the Resource Economics and Policy Analysis (REPA) Researc... more This working paper is made available by the Resource Economics and Policy Analysis (REPA) Research Group at the University of Victoria. REPA working papers have not been peer reviewed and contain preliminary research findings. They shall not be cited without the expressed written consent of the author(s).
Renewable Energy, Mar 1, 2009
This working paper is made available by the Resource Economics and Policy Analysis (REPA) Researc... more This working paper is made available by the Resource Economics and Policy Analysis (REPA) Research Group at the University of Victoria. REPA working papers have not been peer reviewed and contain preliminary research findings. They shall not be cited without the expressed written consent of the author(s).
Edward Elgar Publishing eBooks, Apr 30, 2013
RePEc: Research Papers in Economics, Oct 1, 2005
Scientists are enthusiastic about storing carbon in terrestrial sinks and geological reservoirs i... more Scientists are enthusiastic about storing carbon in terrestrial sinks and geological reservoirs in order to obviate the need for lifestyle-changing reductions in fossil-fuel use. Estimating relative costs of various options depends on how permanence is assessed and whether physical carbon is discounted. We demonstrate that, in carbon markets, terrestrial sinks credits cannot be traded one-for-one for emission reduction credits and the conversion factor would depend on how long sinks keep CO 2 out of the atmosphere as compared with emission reductions and, discounting physical carbon. As a result, the authority could not determine a conversion factor and the market would be required to do so.
RePEc: Research Papers in Economics, Nov 1, 2011
This working paper is made available by the Resource Economics and Policy Analysis (REPA) Researc... more This working paper is made available by the Resource Economics and Policy Analysis (REPA) Research Group at the University of Victoria. REPA working papers have not been peer reviewed and contain preliminary research findings. They shall not be cited without the expressed written consent of the author(s).
Energy Economics, Jul 1, 2008
We develop a nonlinear mathematical optimization program for investigating the economic and envir... more We develop a nonlinear mathematical optimization program for investigating the economic and environmental implications of wind penetration in electrical grids and evaluating how hydropower storage could be used to offset wind power intermittence. When wind power is added to an electrical grid consisting of thermal and hydropower plants, it increases system variability and results in a need for additional peak-load, gas-fired generators. Our empirical application using load data for Alberta's electrical grid shows that 32% wind penetration
RePEc: Research Papers in Economics, Aug 1, 2012
This working paper is made available by the Resource Economics and Policy Analysis (REPA) Researc... more This working paper is made available by the Resource Economics and Policy Analysis (REPA) Research Group at the University of Victoria. REPA working papers have not been peer reviewed and contain preliminary research findings. They shall not be cited without the expressed written consent of the author(s).
Renewable Energy, Mar 1, 2009
This working paper is made available by the Resource Economics and Policy Analysis (REPA) Researc... more This working paper is made available by the Resource Economics and Policy Analysis (REPA) Research Group at the University of Victoria. REPA working papers have not been peer reviewed and contain preliminary research findings. They shall not be cited without the expressed written consent of the author(s).
RePEc: Research Papers in Economics, May 1, 2011
RePEc: Research Papers in Economics, Oct 1, 2005
Scientists are enthusiastic about storing carbon in terrestrial sinks and geological reservoirs i... more Scientists are enthusiastic about storing carbon in terrestrial sinks and geological reservoirs in order to obviate the need for lifestyle-changing reductions in fossil-fuel use. Estimating relative costs of various options depends on how permanence is assessed and whether physical carbon is discounted. We demonstrate that, in carbon markets, terrestrial sinks credits cannot be traded one-for-one for emission reduction credits and the conversion factor would depend on how long sinks keep CO 2 out of the atmosphere as compared with emission reductions and, discounting physical carbon. As a result, the authority could not determine a conversion factor and the market would be required to do so.
RePEc: Research Papers in Economics, Jul 1, 2008
This working paper is made available by the Resource Economics and Policy Analysis (REPA) Researc... more This working paper is made available by the Resource Economics and Policy Analysis (REPA) Research Group at the University of Victoria. REPA working papers have not been peer reviewed and contain preliminary research findings. They shall not be cited without the expressed written consent of the author(s).
RePEc: Research Papers in Economics, Nov 1, 2011
This working paper is made available by the Resource Economics and Policy Analysis (REPA) Researc... more This working paper is made available by the Resource Economics and Policy Analysis (REPA) Research Group at the University of Victoria. REPA working papers have not been peer reviewed and contain preliminary research findings. They shall not be cited without the expressed written consent of the author(s).
RePEc: Research Papers in Economics, Nov 1, 2007
This working paper is made available by the Resource Economics and Policy Analysis (REPA) Researc... more This working paper is made available by the Resource Economics and Policy Analysis (REPA) Research Group at the University of Victoria. REPA working papers have not been peer reviewed and contain preliminary research findings. They shall not be cited without the expressed written consent of the author(s).
RePEc: Research Papers in Economics, Aug 1, 2012
This working paper is made available by the Resource Economics and Policy Analysis (REPA) Researc... more This working paper is made available by the Resource Economics and Policy Analysis (REPA) Research Group at the University of Victoria. REPA working papers have not been peer reviewed and contain preliminary research findings. They shall not be cited without the expressed written consent of the author(s).
This working paper is made available by the Resource Economics and Policy Analysis (REPA) Researc... more This working paper is made available by the Resource Economics and Policy Analysis (REPA) Research Group at the University of Victoria. REPA working papers have not been peer reviewed and contain preliminary research findings. They shall not be cited without the expressed written consent of the author(s).
RePEc: Research Papers in Economics, Jul 1, 2008
This working paper is made available by the Resource Economics and Policy Analysis (REPA) Researc... more This working paper is made available by the Resource Economics and Policy Analysis (REPA) Research Group at the University of Victoria. REPA working papers have not been peer reviewed and contain preliminary research findings. They shall not be cited without the expressed written consent of the author(s).
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Papers by G Cornelis van Kooten