TY - GEN
T1 - Retrospective Analysis of the Benefits and Impacts of U.S. Renewable Portfolio Standards
AU - Heeter, Jenny
AU - Mai, Trieu
AU - Carpenter Petri, Alberta
AU - Heath, Garvin
AU - Keyser, David
AU - Macknick, Jordan
AU - Wiser, Ryan
AU - Barbose, Galen
AU - Bolinger, Mark
AU - Millstein, Dev
AU - Mills, Andrew
AU - Bird, Lori
PY - 2016
Y1 - 2016
N2 - This analysis is the first-ever comprehensive assessment of the benefits and impacts of state renewable portfolio standards (RPSs). This joint National Renewable Energy Laboratory-Lawrence Berkeley National Laboratory project provides a retrospective analysis of RPS program benefits and impacts, including greenhouse gas emissions reductions, air pollution emission reductions, water use reductions, gross jobs and economic development impacts, wholesale electricity price reduction impacts, and natural gas price reduction impacts. Wherever possible, benefits and impacts are quantified in monetary terms. The paper will inform state policymakers, RPS program administrators, industry, and others about the costs and benefits of state RPS programs. In particular, the work seeks to inform decision-making surrounding ongoing legislative proposals to scale back, freeze, or expand existing RPS programs, as well as future discussions about increasing RPS targets or otherwise increasing renewable energy associated with Clean Power Plan compliance or other emission-reduction goals.
AB - This analysis is the first-ever comprehensive assessment of the benefits and impacts of state renewable portfolio standards (RPSs). This joint National Renewable Energy Laboratory-Lawrence Berkeley National Laboratory project provides a retrospective analysis of RPS program benefits and impacts, including greenhouse gas emissions reductions, air pollution emission reductions, water use reductions, gross jobs and economic development impacts, wholesale electricity price reduction impacts, and natural gas price reduction impacts. Wherever possible, benefits and impacts are quantified in monetary terms. The paper will inform state policymakers, RPS program administrators, industry, and others about the costs and benefits of state RPS programs. In particular, the work seeks to inform decision-making surrounding ongoing legislative proposals to scale back, freeze, or expand existing RPS programs, as well as future discussions about increasing RPS targets or otherwise increasing renewable energy associated with Clean Power Plan compliance or other emission-reduction goals.
KW - benefit
KW - costs
KW - greenhouse gases (GHG)
KW - jobs
KW - reduction
KW - renewable portfolio standard
KW - RPS
KW - wholesale electricity price
U2 - 10.2172/1235420
DO - 10.2172/1235420
M3 - Technical Report
ER -