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Tom Hoff's picture
Founder & Chief Research Officer Clean Power Research

Dr. Tom Hoff is the founder and chief research officer of Clean Power Research. He’s a pioneer in the science of valuing distributed solar generation, and holds a number of patents in the area of...

  • Member since 2021
  • 2 items added with 171 views
  • Sep 27, 2021 10:18 am GMT
  • 172 views

I published this article in March, 2021 - though it is still timely. I think the Energy Central community could benefit from a re-post. I will start posting some new content to Energy Central shortly!  

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Thank Tom for the Post!
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Matt Chester's picture
Matt Chester on Sep 27, 2021

So it sounds like you'd take the position that we should be pursuing actions with the greatest impact first rather than necessarily targeting the lower hanging fruit? Or is that a false choice and both can be equally pursued? 

Tom Hoff's picture
Tom Hoff on Sep 27, 2021

Matt. Thanks for your comment. Using a Carbon Avoidance Price will allow us to determine which investments provide the greatest bang for your buck on a price basis, not a total cost basis. Thus, they will not necessarily have the greatest impact from a carbon reduction perspective. It is likely that the investments you identify as being the lower hanging fruit will have very attractive (i.e., low or even negative) Carbon Avoidance Prices and would thus be the investments to pursue first. As an example, within the context of a typical residential home, upgrading lighting and reducing baseloads would be the sort of investment that is lower hanging fruit. The Carbon Avoidance Price would be prioritize these investments.

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