A team of students and staff from the University of Kentucky Department of Statistics worked at the Kentucky Energy and Environment Cabinet to design the Kentucky Electricity Portfolio Model, which is being used by leadership in Frankfort to evaluate energy and environmental policy. The model responds to highly variable factors such as weather, fuel prices, and federal environmental policy, to identify the optimal electricity portfolio and forecast electricity prices, demand, emissions, fuel consumption, employment, and economic growth. The following report discusses the results of early model output and some of the potential economic implications of changing Kentucky's electricity generating portfolio.
View the EEC Model Report (pdf) here.