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Abstract: . . . capacity costs, avoided environmental costs not reflected in market prices, (i.e., externalities), the effect of lowering electric demand on wholesale market prices, and the economic stimulus that results from lowering New York’s total costs of meeting energy requirements with economic efficiency and renewable resources. VOL. 1 SUMMARY REPORT Section 3: Findings and Conclusions 3–19 Page 41 Table 1.12 Summary of New York Zonal Avoided Costs — 2003 $ A: WEST (Low avoided costs in statewide analysis) F: CAPITAL G: HUDSON J: NEW YORK CITY K: LONG ISLAND (High avoided costs in statewide analysis) Annual . . . . . . 0.0327 30.02 0.0333 30.02 0.0357 30.02 0.0375 73.94 0.0477 73.94 2022 0.0332 30.14 0.0338 30.14 0.0362 30.14 0.0380 74.23 0.0487 74.23 Notes: Annual energy is simple average of avoided costs in summer, winter, on-peak, and off-peak hours. Potential analysis applied detailed avoided costs to electric energy and capacity in each period. VOL. 1 SUMMARY REPORT Section 3: Findings and Conclusions 3–20 Page 42 Table 1.13 NYSERDA Avoided Costs of Fossil Fuels – 2003 $/MMBTU Res. Oil Com. Oil Ind. Oil Res. Gas Com. Gas Ind. Gas Coal 2003 8.71 6.14 5.83 10.55 6.80 5.22 1.59 2004 8.75 6.19 5.87 10.67 6.93 . . . . . . electricity benefits should account for benefits beyond electric generation. Such additional potential benefits include avoided transmission and distribution capacity costs, avoided environmental costs not reflected in market prices, (i.e., externalities), the effect of lowering electric demand on wholesale market prices, and the economic stimulus that results from lowering New York’s total costs of meeting energy requirements with economic efficiency and renewable resources. VOL. 1 SUMMARY REPORT Section 3: Findings and Conclusions 3–19 Page 41 Table 1.12 Summary of New York Zonal Avoided Costs — 2003 . . . . . . 2020 60,009 92,630 32,594 185,233 2021 60,531 92,722 32,810 186,063 2022 61,046 93,676 33,123 187,845 Source: NYSERDA forecast sales w ith effects of post-2002 DSM rem oved. S ales are m ultiplied by 1.115 to derive generation requirem ents in this tabl Year VOL. 1 SUMMARY REPORT Section 3: Findings and Conclusions 3–22 . . . . . . applied directly to represent the efficiency and renewable resources that New York could actually realize through policy or program initiatives. Doing so would be a misuse of the study’s analysis. The study’s technical and economic potential analysis can and should be used to inform other analysis of policy, program, and resource options. The technology costs and performance characteristics developed from this analysis can be applied in the planning and design of programs, policies, and resource acquisition. If using the study’s technical and economic potential analysis results in efficiency and . . . --3000,5,300,3096,86735
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