Evaluating a Proposed 20% National Renewable Portfolio Standard

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

DOI:https://doi.org/10.2172/1219281· OSTI ID:1219281

Logan, Jeffrey ^[1]; Sullivan, Patrick ^[1]; Short, Walter ^[1]; Bird, Lori ^[1]; James, Ted L. ^[1]; Shah, Monisha R. ^[1]

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1. National Renewable Energy Lab. (NREL), Golden, CO (United States)

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 (United States)
• Sponsoring Organization: USDOE Office of Energy Efficiency and Renewable Energy (EERE), Energy Analysis (EI-30) (Energy Analysis Corporate)
• DOE Contract Number: AC36-08GO28308
• OSTI ID: 1219281
• Report Number(s): NREL/TP-6A2-45161; 5252
• Country of Publication: United States
• Language: English

Related Subjects

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