Abstract
This report examines the impact of renewable portfolio standards (RPS) and cap-and-trade policy options on the U.S. electricity sector. The analysis uses the National Renewable Energy Laboratory's Regional Energy Deployment System (ReEDS) model that simulates the least-cost expansion of electricity generation capacity and transmission in the U.S. to examine the impact of a variety of emissions caps-and RPS scenarios both individually and combined. The generation mix, carbon emissions, and electricity price are examined for various policy combinations simulated in the modeling.
Original language | American English |
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Pages (from-to) | 2573-2585 |
Number of pages | 13 |
Journal | Energy Policy |
Volume | 39 |
Issue number | 5 |
DOIs | |
State | Published - 2011 |
NREL Publication Number
- NREL/JA-6A20-50749
Keywords
- cap and trade
- policy implementation
- renewable portfolio standard