Evaluating a Proposed 20% National Renewable Portfolio Standard

Technical Report · Sun Feb 01 04:00:00 EST 2009

DOI:https://doi.org/10.2172/948750· OSTI ID:948750

Logan, J; Sullivan, P; Short, W; Bird, L; James, T L; Shah, M R

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.

• Research Organization: National Renewable Energy Laboratory (NREL), Golden, CO.
• Sponsoring Organization: USDOE
• DOE Contract Number: AC36-99GO10337
• OSTI ID: 948750
• Report Number(s): NREL/TP-6A2-45161
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
ECONOMIC IMPACT
ENERGY POLICY
ENERGY SOURCE DEVELOPMENT
Energy Analysis
FEDERAL 20% RPS
GENERATION CAPACITY
NATIONAL ENERGY MODELING SYSTEM
NEMS
NREL
RECS
REEDS
REGIONAL ENERGY DEPLOYMENT SYSTEM MODEL
RENEWABLE ENERGY CERTIFICATES
RENEWABLE ENERGY SOURCES
RENEWABLE PORTFOLIO STANDARD
RPS