Haiku Electricity Model
Haiku is a simulation model of regional electricity markets and interregional electricity trade in the continental United States.
About the Model
Haiku is a simulation model of regional electricity markets and interregional electricity trade in the continental United States. The model accounts for capacity planning, investment, and retirement over a multi-year horizon in a perfect foresight framework, and for system operation over seasons of the year and times of day. Market structure is represented by cost-of-service (average cost) pricing and market-based (marginal cost) pricing in various regions. The model includes detailed representation of state-level policies including state and regional environmental markets for renewable energy and carbon emissions and frequently has been used to advise state and regional planning.
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Testimony and Public Comments — Dec 19, 2023
Comments on the Joint California-Quebec Workshop: Potential Amendments to the Cap-and-Trade Regulation
RFF researchers submitted two comments to the California Air Resources Board in response to a cap-and-trade workshop held with the government of Quebec.
Common Resources — Nov 9, 2023
Adding an Emissions Cap to the Inflation Reduction Act Would Help Meet US Climate Goals
Implementing a federal cap-and-trade policy would complement the Inflation Reduction Act. Together, these two policies could reduce air pollution and retail electricity prices and ensure that the United States meets its national climate goals for 2030.
Media Highlight — Aug 5, 2022
Axios: "Climate Votes Loom as Sinema Signals Support"
A newsletter segment in Axios Generate cites a new RFF analysis on the power sector implications of the Inflation Reduction Act.
Media Highlight — Aug 4, 2022
Huffington Post: "Democrats' Climate Deal Puts US Emissions Goals in Reach, 3 Separate Studies Show"
A widely syndicated piece discusses recent analyses of the Inflation Reduction Act and points to an RFF issue brief that details the power sector implications.
Report — Dec 11, 2021
Achieving Clean Electricity Generation at Least Cost to Ratepayers by 2045
Achieving Clean Electricity Generation at Least Cost to Ratepayers by 2045
Issue Brief — Oct 7, 2021
Cost Analysis and Emissions Projections under Power Sector Proposals in Reconciliation
In this issue brief, RFF researchers estimate the effects on the electricity sector of climate policy proposals being considered for the budget reconciliation process.
Issue Brief — May 18, 2021
Reducing Coal Plant Emissions by Cofiring with Natural Gas
Reducing Coal Plant Emissions by Cofiring with Natural Gas
Issue Brief — Mar 12, 2020
Interactions of Transportation Carbon Pricing with the Electricity Market in the TCI Region
Interactions of Transportation Carbon Pricing with the Electricity Market in the TCI Region
Media Highlight — Aug 5, 2022
Axios: "Climate Votes Loom as Sinema Signals Support"
A newsletter segment in Axios Generate cites a new RFF analysis on the power sector implications of the Inflation Reduction Act.
Media Highlight — Aug 4, 2022
Huffington Post: "Democrats' Climate Deal Puts US Emissions Goals in Reach, 3 Separate Studies Show"
A widely syndicated piece discusses recent analyses of the Inflation Reduction Act and points to an RFF issue brief that details the power sector implications.
Press Release — Aug 4, 2022
Inflation Reduction Act Will Decrease and Stabilize Household Electricity Prices
In a comprehensive power sector analysis, RFF researchers find that the Inflation Reduction Act would save households approximately $170–$220 annually and reduce electricity price volatility.
