NewEnergyNews: STATE NEW ENERGY MANDATES SERVE WELL

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    Thursday, January 07, 2016

    STATE NEW ENERGY MANDATES SERVE WELL

    Renewable energy for state renewable portfolio standards yielded sizable benefits

    January 6, 2016 (PhysOrg)

    “A new study estimates that $2.2 billion in benefits came from reduced greenhouse gas emissions and $5.2 billion from reductions in other air pollution for state renewable portfolio standard (RPS) policies operating in 2013…[A Retrospective Analysis of the Benefits and Impacts of U.S. Renewable Portfolio Standards from Lawrence Berkeley National Laboratory (LBNL)] also shows national water withdrawals and consumption were reduced by 830 billion gallons and 27 billion gallons in 2013…RPS policies [mandate] utilities or other electricity providers to meet a minimum portion of their load with eligible forms of renewable electricity. They currently exist in 29 U.S. states plus Washington, D.C…[but many] states are currently considering whether to extend, eliminate, or otherwise revise existing RPS policies…[RPS] benefits from reduced greenhouse gas emissions equate to 0.7 to 6.4 cents per kilowatt-hour (kWh) of renewable energy, while benefits from reduced emissions of criteria air pollutants amount to 2.6 to 10.1 cents per kWh. Consumer savings from wholesale electricity market and natural gas price reductions represent another 0 to 1.2 cents per kWh and 1.3 to 3.7 cents per kWh, respectively…” click here for more

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