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Title: Multi-Year Analysis Examines Costs, Benefits, and Impacts of Renewable Portfolio Standards

As states consider revising renewable portfolio standard (RPS) programs or developing new ones, careful assessments of the costs, benefits, and other impacts of existing policies will be critical. RPS programs currently exist in 29 states and Washington, D.C. Many of these policies, which were enacted largely during the late 1990s and 2000s, will reach their terminal targets by the end of this decade. The National Renewable Energy Laboratory (NREL) and Lawrence Berkeley National Laboratory (LBNL) are engaged in a multi-year project to examine the costs, benefits, and other impacts of state RPS polices both retrospectively and prospectively. This fact sheet overviews this work.
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Research Org:
National Renewable Energy Lab. (NREL), Golden, CO (United States)
Sponsoring Org:
USDOE Office of Energy Efficiency and Renewable Energy (EERE), Strategic Programs Office
Country of Publication:
United States
29 ENERGY PLANNING, POLICY, AND ECONOMY; Renewable portfolio standards; Renewable electricity standards; RPS; Costs; Benefits; Impacts; Solar; Renewable energy; Energy policy; Renewable energy targets