Search Results for renewable-portfolio-standards
6 item(s) were returned.
Expert Insight

The Ineffectiveness of Renewable Portfolio Standards

Author(s): Josh Smith
Research Manager
The Center for Growth and Opportunity at Utah State University
Date: July 9, 2018 at 11:11 AM

Renewable portfolio standards (RPS) require a certain percentage of the electricity sold by utilities to be from qualifying sources as determined by state statute. RPS are one of the most common state-level environmental policies; 29 states and Washington DC have mandatory standards. Despite their popularity, however, renewable portfolio standards may not achieve their environmental ends in a cost-effective manner. Basic analysis of the effects of implementing RPS shows only a nominal impact on carbon emissions, but a large impact on electricity prices. Professors at Louisiana State University compared states that had enacted RPS to states that had not, and showed… [more]

View Insight
Expert Insight

Energy Reset: Free Markets vs. Government Influence

Author(s): James Koehler
Associate Director
Berkeley Research Group
Date: April 24, 2017 at 11:00 AM

The National Capital Area Chapter for the U.S. Association for Energy Economics (NCAC-USAEE) held its annual energy policy conference on April 6th entitled “Energy Reset? Conflicting Forces in the Energy Space.” The event captured the economic implications of the announced and expected shift in energy policy between the Obama and Trump administrations. One reoccurring theme was the evolving role of government and market influences. It began with Thad Hill, CEO and President of Calpine Corp., emphasizing the need for free “markets, not mandates” and Tom Pyle, President of the American Energy Alliance, detailing President Trump’s energy deregulation agenda. A panel… [more]

View Insight
Expert Insight

What Role Can Biomass Play in the EPA’s Clean Power Plan?

Author(s): Jessie Stolark
Policy Associate
EESI
Date: September 22, 2015 at 7:00 AM

Although the administration’s finalized Clean Power Plan was released in early August, EPA is still actively grappling with the rules regarding biomass feedstocks as a compliance option under the Plan. Biomass (or biogenic) feedstocks include wastes such as organic wastes, lumber, pulp and paper industry wastes, agricultural residues and purpose-grown feedstocks. Solid biomass can be co-fired with coal in existing plants or used in renewable heating applications. The biomass industry argues that the utilization of biomass as an electricity source is an attractive option for states as it has the potential to sequester carbon as additional feedstocks are grown, it… [more]

View Insight
Expert Insight

Will State Policies Adjust to Attract Renewable Energy Investment?

Author(s): Todd Foley
Chief Strategy Officer and SVP for Policy
American Council On Renewable Energy (ACORE)
Date: March 31, 2015 at 7:00 AM

In lieu of consistent energy policy at the federal level, businesses and power providers are increasingly looking to state legislatures for the right signals to invest in energy. The result? States are stepping up, leading to an increase in renewable energy use, particularly by some of America’s largest companies. A quick scroll through the weekly headlines reminds us that the demand for investing in renewables today is strong – and getting stronger. Google, Walmart, GM, Lockheed Martin, Amazon and Apple all have recently shifted millions in private funding into the clean energy sector. These moves are motivated by increased revenue… [more]

View Insight
Expert Insight

Would a carbon tax effectively combat climate change?

Author(s): Lee Lane
Visiting Fellow
Hudson Institute
Date: July 24, 2014 at 9:30 AM

A number of scholars, from the left and the right have floated versions of a carbon tax. Henry Paulson has also weighed in, favoring a tax. In theory, a uniform comprehensive carbon tax enforced among all major global emitters might have great advantages. Such a tax, if linked to a stringent accounting system, could be more transparent than any other approach to greenhouse gas control. In contrast to command-and-control schemes, a tax would target abatement resources to where they would be most cost-effective. A tax, unlike the 2009  cap-and-trade bill, would make it harder for proponents to falsely promise both… [more]

View Insight
Expert Insight

Are Microgrids the Answer to the Increasing Complexity of Electricity Markets?

Author(s): J. David Erickson
Public Utilities Regulatory Analyst
California Public Utilities Commission
Date: August 23, 2013 at 9:48 AM

The state of California is faced with the challenge of reaching its carbon emissions reduction and renewable portfolio standard goals while maintaining the safety and reliability of the electric supply and protecting the economic interests of the ratepayers. In addition to AB 32, which calls for reducing greenhouse gas emissions to 1990 levels by 2020, the state also has a Renewable Portfolio Standard goal of 33% renewables by 2020. The California Public Utilities Commission (CPUC), the California Independent System Operator (CAISO) and many stakeholders have been working on policies, technologies and market mechanisms to reach these goals. Managing the effect… [more]

View Insight