Federal incentive payment of 1.8 cents/kWh for the generation of renewable energy—part of The Energy Policy Act of 2005—increases the economic attractiveness of many potential hydro sites,...
What Do You Mean by Green?
Seemingly eco-friendly definitions can prevent adoption of renewable portfolio standards.
fight unattainable standards any longer. Generators will get an incentive to clean up and improve their current plants. Utilities and retail suppliers will be rewarded for providing cleaner and renewable-based power. Emission credit holders will have a new market for their assets, and the markets themselves will develop. Citizens concerned about the environment will see plants reduce their emissions and developers install new renewable-fueled plants that can stand in the market.
An RPS based on workable premises does hold out promise for gains for all Illinois electricity users. They can get a cleaner atmosphere and knowledge that innovative plants and fuels will become part of their power portfolio, based on a sustainable partnership of environmental and business interests.
- Illinois General Assembly. "House Bill 2200" (93rd Session: 2001).
- "Renewable Energy, Energy Efficiency, and Coal Resources Development Law of 1997" (20 ILCS 687).
- E. H. Pechan & Associates, Inc. and United States Environmental Protection Agency Office of Atmospheric Programs. "Emissions & Generation Resource Integrated Database v 2.01 (eGRID)" (USEPA-OAP: May 2003).
- U.S. Department of Energy, Energy Efficiency and Renewable Energy office. "Renewable Electric Plant Information System" http://analysis.nrel.gov/repis/online_reports.asp (Accessed June 2003).
- Federal Energy Management Program Technical Assistance. "Renewable Energy Fact Sheet: Wind Power" http://www.eere.energy.gov/femp/techassist/wind_energy.htm (Accessed June 2003); U.S. Department of Energy National Renewable Energy Lab. "Illinois - Wind Resource Map: Best Areas" www.windpoweringamerica.gov/images/windmaps/il_high800.jpg (Accessed July 2003).
- Wind Powering America. "Illinois Wind Resource Map" http://www.windpoweringamerica.gov/maps_template.asp?stateab=il (Accessed July 2003).