Impact of deployment of renewable portfolio standard on the electricity price in the State of Illinois and implications on policies

作者: Harold H. Kung

DOI: 10.1016/J.ENPOL.2012.02.013

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摘要: Abstract The Renewable Portfolio Standard (RPS) of the State Illinois specifies a schedule for fraction electricity produced from wind to be phased in through 2025. price due implementation RPS order achieve six-year payback on investment new farms was estimated six scenarios that examined effect consumption growth rate, production tax credit $0.022/kW h or unrestricted 30%, and projected changes installed project costs. In all cases, found dominated by cost (capital cost). Thus, any policy affects capital directly indirectly would have significant price. Whereas has direct effect, policies encourage technology improvement improve transmission lines similar lowering cost. Carbon tax, other hand, increase consumers, although it offers benefits.

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