Renewable portfolio standards and cost-effective energy-efficiency investment
Renewable portfolio standards (RPSs) and mandates to invest in cost-effective energy efficiency (EE) are increasingly popular policy tools to combat climate change and dependence on fossil fuels. These supply-side and demand-side policies, however, are often uncoordinated. Using California as a case in point, this paper demonstrates that states could improve resource allocation if these two policies were coordinated by incorporating renewable-energy procurement cost into the cost-effectiveness determination for EE investment. In particular, if renewable energy is relatively expensive when compared to conventional energy, increasing the RPS target raises the cost-effective level of EE investment.
Year of publication: |
2009
|
---|---|
Authors: | Mahone, A. ; Woo, C.K. ; Williams, J. ; Horowitz, I. |
Published in: |
Energy Policy. - Elsevier, ISSN 0301-4215. - Vol. 37.2009, 3, p. 774-777
|
Publisher: |
Elsevier |
Subject: | RPS Electricity Energy efficiency |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
Renewable portfolio standards and cost-effective energy-efficiency investment
Mahone, A., (2009)
-
Renewable portfolio standards and cost-effective energy-efficiency investment
Mahone, A., (2009)
-
Wind generation and zonal-market price divergence: Evidence from Texas
Woo, C.K., (2011)
- More ...