Renewable Portfolio Standard

14,000,000 Leading Edge Experts on the ideXlab platform

Scan Science and Technology

Contact Leading Edge Experts & Companies

Scan Science and Technology

Contact Leading Edge Experts & Companies

The Experts below are selected from a list of 3132 Experts worldwide ranked by ideXlab platform

Sanya Carley - One of the best experts on this subject based on the ideXlab platform.

  • Author Correction: Empirical evaluation of the stringency and design of Renewable Portfolio Standards
    Nature Energy, 2019
    Co-Authors: Sanya Carley, Lincoln L. Davies, David B. Spence, Nikolaos Zirogiannis
    Abstract:

    In the version of this Article originally published, there was a data entry error in Table 1 for a single variable, eligibility of non-Renewable resources in a Renewable Portfolio Standard. This affected the descriptive statistics in Table 1 and Fig. 4 and the regression results and efficiency variable in Table 2. It also affects parts of the text, Table 3 and the Supplementary Information. These corrections have now been made.

  • solar set asides and Renewable electricity certificates early lessons from north carolina s experience with its Renewable Portfolio Standard
    Energy Policy, 2012
    Co-Authors: Chip Gaul, Sanya Carley
    Abstract:

    This paper assesses the market developments in North Carolina's solar energy industry following the state's adoption of a Renewable Portfolio Standard (RPS). It first reviews how solar Renewable electricity certificates (SRECs) are intended to act as a support mechanism for the installation and financing of solar power in North Carolina's RPS compliance market. The paper then analyzes why SRECs have not precipitated growth in the solar industry thus far. Instead of attracting a diversity of solar installation and SREC trading businesses to create a competitive market to North Carolina, the RPS has only enabled a few large solar power producers to compete with utility companies to finance, install, and operate solar generating systems. A comparison between the SREC markets in North Carolina, Pennsylvania, and New Jersey reveals that transparency in prices and volumes of SRECs, limits on utility company self-ownership of solar generators, and more aggressive solar set-aside targets are required to create a competitive market environment that will attract a sustainable and growing solar industry.

  • Solar set asides and Renewable electricity certificates: Early lessons from North Carolina's experience with its Renewable Portfolio Standard
    Energy Policy, 2012
    Co-Authors: Chip Gaul, Sanya Carley
    Abstract:

    This paper assesses the market developments in North Carolina's solar energy industry following the state's adoption of a Renewable Portfolio Standard (RPS). It first reviews how solar Renewable electricity certificates (SRECs) are intended to act as a support mechanism for the installation and financing of solar power in North Carolina's RPS compliance market. The paper then analyzes why SRECs have not precipitated growth in the solar industry thus far. Instead of attracting a diversity of solar installation and SREC trading businesses to create a competitive market to North Carolina, the RPS has only enabled a few large solar power producers to compete with utility companies to finance, install, and operate solar generating systems. A comparison between the SREC markets in North Carolina, Pennsylvania, and New Jersey reveals that transparency in prices and volumes of SRECs, limits on utility company self-ownership of solar generators, and more aggressive solar set-aside targets are required to create a competitive market environment that will attract a sustainable and growing solar industry. © 2012 Elsevier Ltd.

Christopher Cooper - One of the best experts on this subject based on the ideXlab platform.

Chip Gaul - One of the best experts on this subject based on the ideXlab platform.

  • solar set asides and Renewable electricity certificates early lessons from north carolina s experience with its Renewable Portfolio Standard
    Energy Policy, 2012
    Co-Authors: Chip Gaul, Sanya Carley
    Abstract:

    This paper assesses the market developments in North Carolina's solar energy industry following the state's adoption of a Renewable Portfolio Standard (RPS). It first reviews how solar Renewable electricity certificates (SRECs) are intended to act as a support mechanism for the installation and financing of solar power in North Carolina's RPS compliance market. The paper then analyzes why SRECs have not precipitated growth in the solar industry thus far. Instead of attracting a diversity of solar installation and SREC trading businesses to create a competitive market to North Carolina, the RPS has only enabled a few large solar power producers to compete with utility companies to finance, install, and operate solar generating systems. A comparison between the SREC markets in North Carolina, Pennsylvania, and New Jersey reveals that transparency in prices and volumes of SRECs, limits on utility company self-ownership of solar generators, and more aggressive solar set-aside targets are required to create a competitive market environment that will attract a sustainable and growing solar industry.

  • Solar set asides and Renewable electricity certificates: Early lessons from North Carolina's experience with its Renewable Portfolio Standard
    Energy Policy, 2012
    Co-Authors: Chip Gaul, Sanya Carley
    Abstract:

    This paper assesses the market developments in North Carolina's solar energy industry following the state's adoption of a Renewable Portfolio Standard (RPS). It first reviews how solar Renewable electricity certificates (SRECs) are intended to act as a support mechanism for the installation and financing of solar power in North Carolina's RPS compliance market. The paper then analyzes why SRECs have not precipitated growth in the solar industry thus far. Instead of attracting a diversity of solar installation and SREC trading businesses to create a competitive market to North Carolina, the RPS has only enabled a few large solar power producers to compete with utility companies to finance, install, and operate solar generating systems. A comparison between the SREC markets in North Carolina, Pennsylvania, and New Jersey reveals that transparency in prices and volumes of SRECs, limits on utility company self-ownership of solar generators, and more aggressive solar set-aside targets are required to create a competitive market environment that will attract a sustainable and growing solar industry. © 2012 Elsevier Ltd.

Taehyeong Kwon - One of the best experts on this subject based on the ideXlab platform.

  • is the Renewable Portfolio Standard an effective energy policy early evidence from south korea
    Utilities Policy, 2015
    Co-Authors: Taehyeong Kwon
    Abstract:

    This study provides preliminary evaluation of South Korea's Renewable Energy Portfolio Standard (RPS) apropos capacity growth, technological innovation, cost impact, and market risk, compared to Feed-in Tariffs (FITs). Findings indicate that both effectively expand electricity generation from Renewable energy sources (RES-Es). Early evidence suggests that the RPS appears to have further strengthened RES-Es' market growth, particularly biomass and solar PV. For most technologies, policy costs appear higher under the RPS than FITs, except for PV and fuel cells. Under the RPS, higher market risks are a major concern, particularly for smaller suppliers in the PV market, despite growing PV capacity.

  • rent and rent seeking in Renewable energy support policies feed in tariff vs Renewable Portfolio Standard
    Renewable & Sustainable Energy Reviews, 2015
    Co-Authors: Taehyeong Kwon
    Abstract:

    Two popular policies for fostering electricity from Renewable energy sources (RES-E) are FIT (feed-in tariffs) and RPS (Renewable Portfolio Standards). Although it is essential for the government to intervene in the Renewable energy market for a positive externality of RES-E, poorly designed market regulations can lead to excess profits for the Renewable energy sector, which in turn increases policy costs. In addition, those who benefit from such regulations may actively seek rents. This paper explores the rents or windfall profits generated through RPS and FIT and furthermore, investigates which is more substantial for the case of South Korea, which has had experience with FIT and RPS over the past 10 years. According to the results, rents generated from RPS were bigger than those from FIT, except for solar PV in South Korea. Moreover, this study also investigates the policy design elements that could curb these rents.

Benjamin K Sovacool - One of the best experts on this subject based on the ideXlab platform.