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Title: Prospective Costs, Benefits, and Impacts of U.S. Renewable Portfolio Standards

Abstract

These slides were presented at a webinar on January 9, 2017. The slides overview a report that evaluates the future costs, benefits, and other impacts of renewable energy used to meet current state renewable portfolio standards (RPSs). It also examines a future scenario where RPSs are expanded. The analysis examines changes in electric system costs and retail electricity prices, which include all fixed and operating costs, including capital costs for all renewable, non-renewable, and supporting (e.g., transmission and storage) electric sector infrastructure; fossil fuel, uranium, and biomass fuel costs; and plant operations and maintenance expenditures. The analysis evaluates three specific benefits: air pollution, greenhouse gas emissions, and water use. It also analyzes two other impacts, renewable energy workforce and economic development, and natural gas price suppression. The analysis finds that the benefits or renewable energy used to meet RPS polices exceed the costs, even when considering the highest cost and lowest benefit outcomes.

Authors:
 [1];  [1];  [1];  [1];  [1];  [1];  [2];  [2];  [2]
  1. National Renewable Energy Laboratory (NREL), Golden, CO (United States)
  2. Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)
Publication Date:
Research Org.:
National Renewable Energy Lab. (NREL), Golden, CO (United States)
Sponsoring Org.:
USDOE Office of Energy Efficiency and Renewable Energy (EERE), Strategic Programs (EE-SP)
OSTI Identifier:
1432928
Report Number(s):
NREL/PR-6A20-67683
DOE Contract Number:  
AC36-08GO28308
Resource Type:
Technical Report
Country of Publication:
United States
Language:
English
Subject:
29 ENERGY PLANNING, POLICY, AND ECONOMY; 54 ENVIRONMENTAL SCIENCES; renewable portfolio standards; renewable energy; economic development; air pollution; greenhouse gas; state policy; prospective analysis; water; cost-benefit analysis

Citation Formats

Heeter, Jenny S, Mai, Trieu T, Bird, Lori A, Keyser, David J, Krishnan, Venkat K, Macknick, Jordan E, Wiser, Ryan, Barbose, Galen, and Millstein, Dev. Prospective Costs, Benefits, and Impacts of U.S. Renewable Portfolio Standards. United States: N. p., 2018. Web. doi:10.2172/1432928.
Heeter, Jenny S, Mai, Trieu T, Bird, Lori A, Keyser, David J, Krishnan, Venkat K, Macknick, Jordan E, Wiser, Ryan, Barbose, Galen, & Millstein, Dev. Prospective Costs, Benefits, and Impacts of U.S. Renewable Portfolio Standards. United States. doi:10.2172/1432928.
Heeter, Jenny S, Mai, Trieu T, Bird, Lori A, Keyser, David J, Krishnan, Venkat K, Macknick, Jordan E, Wiser, Ryan, Barbose, Galen, and Millstein, Dev. Fri . "Prospective Costs, Benefits, and Impacts of U.S. Renewable Portfolio Standards". United States. doi:10.2172/1432928. https://www.osti.gov/servlets/purl/1432928.
@article{osti_1432928,
title = {Prospective Costs, Benefits, and Impacts of U.S. Renewable Portfolio Standards},
author = {Heeter, Jenny S and Mai, Trieu T and Bird, Lori A and Keyser, David J and Krishnan, Venkat K and Macknick, Jordan E and Wiser, Ryan and Barbose, Galen and Millstein, Dev},
abstractNote = {These slides were presented at a webinar on January 9, 2017. The slides overview a report that evaluates the future costs, benefits, and other impacts of renewable energy used to meet current state renewable portfolio standards (RPSs). It also examines a future scenario where RPSs are expanded. The analysis examines changes in electric system costs and retail electricity prices, which include all fixed and operating costs, including capital costs for all renewable, non-renewable, and supporting (e.g., transmission and storage) electric sector infrastructure; fossil fuel, uranium, and biomass fuel costs; and plant operations and maintenance expenditures. The analysis evaluates three specific benefits: air pollution, greenhouse gas emissions, and water use. It also analyzes two other impacts, renewable energy workforce and economic development, and natural gas price suppression. The analysis finds that the benefits or renewable energy used to meet RPS polices exceed the costs, even when considering the highest cost and lowest benefit outcomes.},
doi = {10.2172/1432928},
journal = {},
number = ,
volume = ,
place = {United States},
year = {2018},
month = {4}
}

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