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Product Details


TitleEvaluating Renewable Portfolio Standards and Carbon Cap Scenarios in the U.S. Electric Sector
DescriptionThis report examines the impact of various renewable portfolio standards (RPS) and cap-and-trade policy options on the U.S. electricity sector, focusing mainly on renewable energy generation. The analysis uses the National Renewable Energy Laboratory's Regional Energy Deployment System (ReEDS) model that simulates the least-cost expansion of electricity generation capacity and transmission in the United States to examine the impact of an emissions cap--similar to that proposed in the Waxman-Markey bill (H.R. 2454)--as well as lower and higher cap scenarios. It also examines the effects of combining various RPS targets with the emissions caps. The generation mix, carbon emissions, and electricity price are examined for various policy combinations to simulate the effect of implementing policies simultaneously.
File Name 
Product TypeReport/Plans
URL http://www.eere.energy.gov/analysis/pdfs/48258.pdf
Num of Pages43
Document SizePDF 1.12 MB
First Received11/17/2011 12:00:00 AM
Program NameEnergy Analysis
Keywordsrenewable portfolio standards; RPS; carbon cap scenarios; electric sector; cap-and-trade policy; cap and trade; renewable energy; Regional Energy Deployment System model; ReEDS; NREL; Lori Bird; Walter Short; Caroline Chapman; Jeff Logan; Jenny Sumner; analysis; energy analysis; policy analysis; Waxman-Markey bill; renewable energy certificate; REC; greenhouse gas emissions; GHG
Print Date5/1/2010 12:00:00 AM
Product ID5253
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