Full Title: U.S. State Renewables Portfolio & Clean Electricity Standards: 2024 Status Update
Author(s): Galen Barbrose
Publisher(s): Berkeley Lab
Publication Date: August 19, 2024
Full Text: Download Resource
Description (excerpt):
This report provides an overview and status update on U.S. state renewables portfolio standards (RPS) and has been expanded from previous editions to also cover 100% clean electricity standards (CES) adopted by a growing number of states. The report, published in slide-deck form along with accompanying data files, describes recent legislative revisions, key policy design features, compliance with interim targets, past and projected impacts on clean electricity development, and compliance costs.
The 2024 edition presents historical data through year-end 2023 and projections out to 2050. Key trends from this edition of the report include the following:
– Evolution of state RPS and CES programs
– Historical impacts on renewables development
– Future RPS and CES demand and incremental needs
– RPS target achievement to-date
– REC pricing trends
– RPS compliance costs