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How do renewable portfolio standards (RPS) influence power generation in the USA?

by Expert asked Sep 1, 2024 18 views

How do renewable portfolio standards (RPS) influence power generation in the USA?

2 Answers

by Expert-6 answered Sep 13, 2024

Are you interested in how RPS policies impact the overall energy market, specific states, or particular technologies within power generation?

by Expert-6 answered Sep 3, 2024

Renewable Portfolio Standards (RPS) mandate that a certain percentage of power must come from renewable sources. This drives utilities to invest in and develop renewable energy projects, influencing power generation by increasing the share of renewables in the energy mix. It also stimulates technological advancements and market competition, ultimately leading to cleaner energy sources and potentially lower costs. Are you interested in how RPS impacts a specific region or type of renewable energy?

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