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Impacts of a 15-Percent Renewable Portfolio Standard
 

Notes 

1  Average historical generation from facilities in service prior to the enactment date counts toward meeting
the target, but does produce tradable credits.

2  Incremental hydropower is “additional energy generated as the result of efficiency improvements or capacity additions [made on or after the effective date] at a hydroelectric facility that was placed in service before [the effective date]. The effective date refers to the earlier of the date this law is enacted or an applicable State RPS law became effective.

3  In 2005 dollars shown in the tables and figures in this report, to be consistent with other reported costs and prices, the credit cap is 1.84 cents per kilowatthour.

4  See http://www.eia.gov/oiaf/aeo/leg_reg.html.

5  See Table 1 for the correspondence between the proposed RPS targets and the total sales share.

6 The purchase of RPS credits from other power-sector generators is a zero net cost to the industry, as both
the seller and the purchaser are within the industry.

7  Costs accumulated from 2005 through 2030. All dollar values are 2005 dollars, Accumulated costs are discounted to 2005 using a 7-percent discount rate per guidance from OMB Circular A-94.