| Title | Evaluating a Proposed 20% National Renewable Portfolio Standard |
| Description | This paper provides a preliminary analysis of the impacts of a proposed 20% national renewable portfolio standard (RPS) by 2021, which has been advanced in the U.S. Congress by Senator Jeff Bingaman of New Mexico. The paper was prepared before the America Recovery and Reinvestment Act was signed into law by President Barack Obama on February 17, 2009, and thus does not consider important changes in renewable energy (RE) policy that need to be addressed in follow-on analysis. We use NREL's Regional Energy Deployment System (ReEDS) model to evaluate the impacts of the RPS requirements on the energy sector and consider design issues associated with renewable energy certificate (REC) trading markets. |
| File Name | |
| Product Type | Report/Plans |
| URL |
http://www.eere.energy.gov/analysis/pdfs/45161.pdf
|
| Num of Pages | 35 |
| Document Size | PDF 592 KB |
| First Received | 11/17/2011 12:00:00 AM |
| Program Name | Energy Analysis |
| Keywords | renewable portfolio standard; RPS; Regional Energy Deployment System model; ReEDS; renewable energy certificates; RECs; generation capacity; National Energy Modeling System; NEMS; federal 20% RPS by 2021 |
| Print Date | 2/1/2009 12:00:00 AM |
| Product ID | 5252 |
