Future Costs, Benefits, and Impacts of Renewables Used to Meet U.S. Renewable Portfolio Standards

Future Costs, Benefits, and Impacts of Renewables Used to Meet U.S. Renewable Portfolio Standards
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Book Synopsis Future Costs, Benefits, and Impacts of Renewables Used to Meet U.S. Renewable Portfolio Standards by :

Download or read book Future Costs, Benefits, and Impacts of Renewables Used to Meet U.S. Renewable Portfolio Standards written by and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This brochure provides a brief overview of the report titled 'A Prospective Analysis of the Costs, Benefits, and Impacts of U.S. Renewable Portfolio Standards.' The report evaluates the future costs, benefits, and other impacts of renewable energy used to meet current state renewable portfolio standards (RPSs). It also examines a future scenario where RPSs are expanded. The analysis examines changes in electric system costs and retail electricity prices, which include all fixed and operating costs, including capital costs for all renewable, non-renewable, and supporting (e.g., transmission and storage) electric sector infrastructure; fossil fuel, uranium, and biomass fuel costs; and plant operations and maintenance expenditures. The analysis evaluates three specific benefits: air pollution, greenhouse gas emissions, and water use. It also analyzes two other impacts, renewable energy workforce and economic development, and natural gas price suppression. The analysis finds that the benefits or renewable energy used to meet RPS polices exceed the costs, even when considering the highest cost and lowest benefit outcomes.


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