World Resources Institute
For Electricity Market Design For Deep Decarbonization
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Amount$235,000
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Program
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Date Awarded10/31/2019
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Term12 Months
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Type of SupportProject
Overview
Rapid decarbonization of electricity generation is essential to fighting climate change. Organized wholesale markets account for roughly two-thirds of U.S. generation. These markets are "designed" by policymakers, and current designs are not compatible with deep decarbonization. The project will work with academics and practitioners to develop new models for electricity markets around deep decarbonization and variable renewable energy.
About the Grantee
Grantee Website
www.wri.org
Address
10 G Street NE, Suite 800, Washington, DC, 20002-4252, United States
Grants to this Grantee
for promoting zero-emission mobility through low-emission areas pilot projects
The World Resources Institute (WRI) will leverage the expertise, networks, and lessons accumulated from China’s first low-emission zone in Beijing to pilot zero-emission zones in Chinese cities and provinces. Further, WRI will build on the existing work on charging infrastructure expansion to scale up zero-emission zones in China. (Substrategy: Electrification)
for advancing the renewable energy private sector and international communication to green China’s overseas investment
This project of the World Resource Institute seeks to support China in implementing its commitment to stop overseas coal financing to the fullest extent through realistic yet ambitious pathways. The institute will work with Chinese partners to build domestic regulatory safeguards to ensure that China fulfills its pledge on halting new coal abroad; diagnose the key barriers that impede China’s public and private investors from overseas investment in renewable energy, identifying pathways to address them; and foster deeper and more objective understanding of China’s support to BRI countries by reinforcing strategic communications and strengthened engagement in international events. (Substrategy: China National Policy)
