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A Study of Renewable Portfolio Standards and Renewable Energy Certificate Prices in Five Northeastern States.

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2013, BA, Oberlin College, Environmental Studies.
A number of US states have passed renewable portfolio standard, a mandate that ensures a certain amount of energy to be generated by renewable sources, to offset carbon emission or create local jobs. While states' renewable portfolio standards have similar features, their designs vary substantially. In this paper, I investigate the design features and renewable energy certificate prices in five northeastern states that are trading in two trading systems to see how renewable portfolio standards are working in those states. The regression on bidding and asking price differences reveals considerable differences among states in Class I renewable energy certificate prices and differences between bid and asking price. This leads us to question the effectiveness of these portfolio standards.
Jordan Suter (Advisor)
Rumi Shammin (Advisor)
39 p.

Recommended Citations

Citations

  • Li, Y. (2013). A Study of Renewable Portfolio Standards and Renewable Energy Certificate Prices in Five Northeastern States. [Undergraduate thesis, Oberlin College]. OhioLINK Electronic Theses and Dissertations Center. http://rave.ohiolink.edu/etdc/view?acc_num=oberlin1369046071

    APA Style (7th edition)

  • Li, Yazhou. A Study of Renewable Portfolio Standards and Renewable Energy Certificate Prices in Five Northeastern States. 2013. Oberlin College, Undergraduate thesis. OhioLINK Electronic Theses and Dissertations Center, http://rave.ohiolink.edu/etdc/view?acc_num=oberlin1369046071.

    MLA Style (8th edition)

  • Li, Yazhou. "A Study of Renewable Portfolio Standards and Renewable Energy Certificate Prices in Five Northeastern States." Undergraduate thesis, Oberlin College, 2013. http://rave.ohiolink.edu/etdc/view?acc_num=oberlin1369046071

    Chicago Manual of Style (17th edition)