Renewable Portfolio Standards - Blog
Clean energy, economic development, and climate mitigation goals and targets can be important drivers of social change and market transformation. For state policymakers, having clear metrics can be a good way to know if they are making as much progress as expected. For decades, there have been various state goals related to clean energy, but many new and ambitious ones have been announced in recent years, often with considerable fanfare.
Many of the initiatives to move our energy system towards clean, renewable power emanate from the state and local levels.
Now more than ever, policies and programs to promote sustainable energy resources will come from the state level.
CESA’s annual RPS Summit included over 100 people with a wide range of interests and perspectives on RPSs for an invigorating and educational two days of presentations, panels, group discussions and networking.
In 2012, New Hampshire became the first and only state to add a carve-out for renewable thermal technologies to its renewable portfolio standard (RPS).
Over the past three years, numerous news stories have highlighted efforts to roll back state renewable portfolio standards (RPSs), which require electricity suppliers to get an increasing share of their electricity from clean sources. However, most of the significant RPS actions that states have taken have been in the opposite direction.
Clean energy advocates have praised the decision in the fiscal cliff legislation to extend important federal energy tax provisions, such as the production tax credit for wind.
For many types of renewable technologies and fuels, producing thermal energy is much more efficient than producing electricity. Yet the vast majority of state Renewable Portfolio Standards address renewable thermal technologies minimally, if at all.
The renewable portfolio standard (RPS) has become the most important policy mechanism for advancing renewable energy in the United States.
Last week, the Manhattan Institute issued a report that pretends to be a serious analysis of the impact of renewable energy on electricity prices.