Energy Economics | C4E Presents #043

Dana Golden studies energy markets and electricity transmission. Host Heather Lynch and Golden, graduate research assistant in the Graduate School at Stony Brook University, speak about why Suffolk County electricity averages much higher than the national average and how prices are set through generators, transmission constraints, and utilities. Golden explains how data-center-driven load growth raises prices and strains reliability, and supports an “all of the above” mix including nuclear and emerging geothermal.Learn more with: "Offshore Horizons: HVDC Wind Farms-Exploring Techno-Economic Dimensions" by D. Singh, D. Golden, et al.“Investment and the Transfer of Power: Dynamic Effects of Transmission in Electricity Markets.” by Dana Golden⁠Hear Dana’s lecture on environmental and natural resources economics⁠Breakneck by Dan WangSkip ahead to the chapter that interests you:00:32 Why Does Suffolk Power Cost More01:49 What Is HVDC05:20 Where HVDC Is Used07:45 Renewables Drive HVDC12:44 Preventing Cascade Failures15:50 ISOs and Market Design20:54 Renewables Forecasting Risk27:07 Do Data Centers Raise Prices28:52 Nuclear and Energy Crisis37:56 China vs US Building42:48 Transmission Costs and PermittingTell a friend and share a link to this episode.You can find all our episodes at www.stonybrook.edu/c4e or wherever you stream audio.Sign up for our newsletter: https://www.stonybrook.edu/commcms/c4e/newsletters.phpFor all things Stony Brook on social media: https://gosbu.co/m/socialC4E Presents is a production of Stony Brook’s Collaborative for the Earth.Host: Heather LynchEditor: J.D. AllenProgram Manager: Jennifer Gilday