The U.S. Department of Energy's (DOE) National Renewable Energy Laboratory (NREL) has completed a study comparing three proposed national renewable electricity standards, also known as renewable portfolio standards.
To assess the potential impacts of the three proposed standards on the U.S. electricity sector, a team of senior NREL energy analysts used the laboratory's Regional Energy Deployment System (ReEDs), a detailed least-cost optimization model capable of simulating the special attributes of variable sources, such as solar power.
The three proposed federal standards examined in the NREL assessment are under consideration by committees of the U.S. House of Representatives and the U.S. Senate. The three proposals were compared against a baseline in which only currently enacted laws are considered. The report was originally commissioned by the DOE.
‘This is the first credible and objective comparison of the proposed national renewable portfolio standards,’ says Douglas J. Arent, director of NREL's Strategic Energy Analysis and Applications Center. ‘The ReEDs model provides a useful picture of how the electricity sector might develop in the next several decades under various policy scenarios.’
The complete report, ‘A Comparative Analysis of Three Proposed Federal Renewable Electricity Standards,’ is available here.
SOURCE: U.S. Department of Energy's National Renewable Energy Laboratory