Role of State Policy in Renewable Energy Development

Research output: Contribution to conferencePaper

Abstract

State policies can support renewable energy development by driving markets, providing certainty in the investment market, and incorporating the external benefits of the technologies into cost/benefit calculations. Using statistical analyses and policy design best practices, this paper quantifies the impact of state-level policies on renewable energy development in order to better understand the role of policy on development and inform policy makers on the policy mechanisms that provide maximum benefit. The results include the identification of connections between state policies and renewable energy development, as well as a discussion placing state policy efforts in context with other factors that influence the development of renewable energy (e.g. federal policy, resource availability, technology cost, public acceptance).
Original languageAmerican English
Number of pages14
StatePublished - 2009
EventAmerican Society of Mechanical Engineers (ASME) Third International Conference on Energy Sustainability - San Francisco, California
Duration: 19 Jul 200923 Jul 2009

Conference

ConferenceAmerican Society of Mechanical Engineers (ASME) Third International Conference on Energy Sustainability
CitySan Francisco, California
Period19/07/0923/07/09

NREL Publication Number

  • NREL/CP-6A2-45971

Keywords

  • federal policy
  • policy design
  • policy makers
  • RE investment
  • RE markets
  • RE technologies
  • renewable energy (RE)
  • renewable portfolio standard
  • resource availability
  • RPS
  • state policy

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