Tax incentives, renewable portfolio standards, and the creation of renewable-energy credits and carbon constraints are no longer separate considerations when assessing renewable-energy projects....
As green mandates tighten, utilities scramble to comply.
says. “This would help utilities meet RPS goals in a cost-effective manner.”
Additionally, Sinclair says renewable generation would expand if the executive branch—DOE and FERC—would work more closely together on comprehensive transmission planning, establishing renewable energy zones, and offering clear cost-allocation rules for transmission. “This could be huge in helping states with RPS success,” he says.
In sum, a federal RPS would make it easier for utilities to meet renewable energy goals than the current state patchwork. Perhaps more important, however, would be a greater federal commitment to renewable energy in general. “What’s really needed is for the federal government to help states build markets and create the infrastructure to meet state RPS goals,” Sinclair says.
1. Wiser, Ryan and Galen Barbose, Renewable Portfolio Standards in the United States: A Status Report with Data Through 2007 , Lawrence Berkeley National Laboratory, April 2008, available at: http://eetd.lbl.gov/ea/ems/re-pubs.html.