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Renewable Portfolio Standards and Policy Stringency

An Assessment of Implementation and Outcomes

Bibliographic Data

ID5132425
AuthorsNikolay Anguelov (0000-0003-1675-6614, University of Massachusetts Dartmouth, corresponding author), William F Dooley (Clean Harbors Inc)
Year2019
Volume36
Issue2
Pages195-216
Publication date2019-03-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueReview of Policy Research (JOURNAL)
Journal identifiersISSN: 1541-132X • E-ISSN: 1541-1338
PublisherWiley (PUBLISHER • GB)
DOI10.1111/ropr.12322
OpenAlexW2754312153
LanguageEN
Citations received4
References cited54

This research examines the impact of increasing the stringency of renewable portfolio standards (RPS) on the consumption of energy produced from renewable sources. Putting prior findings in the context of policy learning, first we focus on technological innovation, factor endowments, and economic energy dependence of American states to track how RPS have proliferated and strengthened. Next, we look at the net effect of this RPS evolution on state fossil fuel energy divestment. To evaluate the interplay between: a) the political desire to lower fossil fuel use, b) technological feasibility to do so, and c) the economic trade-offs and risks, we focus on the industrial sector dependence on energy security and affordability. Our results indicate that energy security is a priority and even in light of increasing RPS stringency, states with relatively weak but mandatory RPS are leaders in aggregate renewable energy consumption. This fact is due to favoring biofuel and hydro generation rather than solar and wind because of lower deployment costs

Business · Economics · Environmental economics · Portfolio · Public economics · Renewable energy · Engineering · Housing, Finance, and Neoliberalism · State Capitalism and Financial Governance · Sustainable Finance and Green Bonds · Finance

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Unique citing works4
Citations per year0,8
Citation span2021 - 2026 (6)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 4
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