New Report: Survey of State-Level Cost and Benefit Estimates of Renewable Portfolio Standards
The Electricity Markets and Policy Group is pleased to announce the release of a new report, authored jointly by Lawrence Berkeley National Lab and the National Renewable Energy Laboratory and entitled, “A Survey of State-Level Cost and Benefit Estimates of Renewable Portfolio Standards.”
Renewable portfolio standard (RPS) policies are in place in more than half of all U.S. states and have played a critical role in driving renewable energy deployment over the past decade. In many states, however, fierce debates have recently arisen regarding the cost of RPS policies, and proposals have been introduced to repeal, reduce, or freeze existing requirements. This report seeks to inform these debates by summarizing available data on the costs and benefits of RPS policies to-date and by highlighting key methodological issues that must be considered.
To see the complete report, click here.