Renewables Portfolio Standards in the United States

Renewables Portfolio Standards in the United States

39 Pages · 2012 · 779 KB · English

in the United States: A Status Update Galen Barbose Lawrence Berkeley National Laboratory 2012 National Summit on RPS Washington D.C. December 3, 2012 .

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Environmental Energy Technologies Division • Energy Analysis Department 1 Renewables Portfolio Standards in the United States: A Status Update Galen Barbose Lawrence Berkeley National Laboratory 2012 National Summit on RPS Washington D.C. December 3, 2012 Environmental Energy Technologies Division • Energy Analysis Department 2 Presentation Outline 1) Overview of State RPS Landscape 2) Impacts on Renewables Development 3) Compliance Experience and Related Issues and Challenges Environmental Energy Technologies Division • Energy Analysis Department 3 What Is a Renewables Portfolio Standard? Renewables Portfolio Standard (RPS): • A requirement on retail electric suppliers… • to supply a minimum percentage or amount of their retail load… • with eligible sources of renewable energy. Typically backed with penalties of some form Often accompanied by a tradable renewable energy credit (REC) program, to facilitate compliance Never designed the same in any two states Environmental Energy Technologies Division • Energy Analysis Department 4 RPS Policies Exist in 29 States and D.C.; 7 More States Have Non - Binding Goals Most policies established through state legislation, but some initially through regulatory action (NY, AZ) or ballot initiatives (CO, MO, WA) Non -Binding Goal Source: Berkeley Lab WI: 10% by 2015 NV: 25% by 2025 T X: 5,880 MW by 2015 PA: 8.5% by 2020 NJ: 22.5% by 2020 CT : 23% by 2020 MA: 11.1% by 2009 +1%/yr ME: 40% by 2017 NM: 20% by 2020 (IOUs) 10% by 2020 (co -ops) CA: 33% by 2020 MN: 25% by 2025 Xcel: 30% by 2020 IA: 105 MW by 1999 MD: 20% by 2022 RI: 16% by 2019 HI: 40% by 2030 AZ: 15% by 2025

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