NewEnergyNews More: CHANGES IN THE ECONOMY MEAN CHANGES FOR NEW ENERGY

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  • Monday, April 23, 2012

    CHANGES IN THE ECONOMY MEAN CHANGES FOR NEW ENERGY

    Hard Economic Times Hit State Renewable Energy Goals

    Angela Beniwal, 27 March 2012 (Renew Grid)

    "Renewable portfolio standards (RPS) have been a big driver of getting more renewable electricity onto the grid. The National Renewable Energy Laboratory has estimated that by 2015, generation resulting from RPS will surpass 150 million MWh…[but] a soft economy has led some states to water down their mandates, while the current political situation makes passage of a federal renewable energy standard next to impossible…

    "…Maine introduced legislation in 2011 that would significantly reduce its RPS…[A] bill proposed in Washington state in 2011 could temporarily suspend the state's 15% by 2020 RPS during the slow economy…Other states have tried to expand the definition of ‘eligible resources’ in order to make compliance easier. Iowa includes plasma gasification, Maryland considers waste-to-energy a Tier 1 resource, and Oregon now includes nuclear and hydropower…"

    click to enlarge

    "Nonetheless…Sen. Jeff Bingaman, D-N.M., chairman of the Senate Energy and Natural Resources Committee…[recently revived federal] clean energy legislation…The Clean Energy Standard Act of 2012…include[s] a federal clean energy standard (CES)…In addition to renewable energy, such as wind and solar, the legislation includes other low-emissions and clean energy resources such as renewable biomass, natural gas, hydropower and nuclear power, as well as "clean" coal with carbon-capture technology…[but insiders are] not optimistic about the legislation being enacted…

    "Twenty-nine states plus Washington, D.C., have an RPS, while eight states have voluntary goals or targets. California has the most ambitious RPS, 33% by 2020, which was signed by Gov. Jerry Brown, D-Calif., in 2011 and is 86% in compliance]…Legislation signed in 2011 means that the state's RPS now applies to publicly owned utilities and retail sellers…Colorado is another state with an impressive RPS [and in compliance]…As of 2010, Minnesota was in complete compliance with its RPS, which is 30% by 2020 for Xcel Energy and 25% by 2025 for all other utilities…"

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