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IPUOnline provides accessible and affordable e.learning programs with a focus on analytical skills and contemporary topics of interest to the regulatory policy community. IPUOnline events are archived for your convenience.


Lessons Learned from State Renewable Portfolio Standards and Implications for Federal RECs

Thursday December 2.2010 1:00-4:00P.M. EST
Archived Materials Access Fee:
Free to PSC Staff Members, consumer advocates, and environmental advocates. $100 for private sector members
To gain access to the archived materials from this webcast please contact IPU at 517.355.1876 or ipu@msu.edu.
Program Information: Flyer [pdf]
Archived Materials: Presentation Matierals

Program Description
An RPS program exists in 29 states and DC; six more states have non-mandatory renewable energy goals. The mandates cover 56% of all electricity sales in the U.S. and require installation of 77 GW of new renewable capacity by 2025. Most programs include trading of Renewable Energy Certificates (RECs), a central piece of enlarging RPS nationwide. The experience with RPS programs is limited; most adopted since 2004. The longest experience is about eight years in a handful of states. State RPS programs differ significantly, which limit harmonization efforts, regional or federal. Program elements are often designed with local economic development and emission reduction goals in mind and lead to interstate variations based on local factors such as resource availability, electricity market structure, environmental policy and rate impact tolerance. There are numerous design elements but few stand out in terms of their potential impact on harmonization of REC markets: resource eligibility, geographic eligibility, alternative compliance payments and attributes. These issues and others were manifest in federal bills. Then, there are technical and market challenges such as siting, shortage of transmission, frequency control, ability to follow load, lack of storage, need for new ancillary services, and the like. In this course, lessons learned from various state programs and issues facing enlargement of these programs will be discussed.

Purpose and Goals
The workshop will provide comprehensive and comparative analysis of RPS programs to date. Achieving the goal of larger share of renewables in a reliable and cost-efficient manner depends on understanding the lessons from these programs.

Audience
This program is open to all audiences but targeted toward the Commissioners and staff of the state public utility commissions and is particularly relevant to regulatory capacity development in support of the American Recovery and Reinvestment Act (ARRA). The discussion may be of special interest to regulators from non-RPS states. The program will also be beneficial to energy and environmental agencies, consumer and environmental advocates, and energy industry analysts and planners.

Prerequisites Materials
Advanced reading materials and password protected presentations will be available on this page before the program.

Continuing Education Credits
Participants will receive documentation in support of their individual application for continuing education credits for attorneys, accountants, engineers, and others.

Instructor
Dr. Gürcan Gülen is an energy economist at Center for Energy Economics, Bureau of Economic Geology, The University of Texas at Austin. He directs content development for and teaches in the New Era in Oil, Gas & Power Value Creation, CEE’s flagship international capacity building program since 2001 and he is also co-managing a five-year cooperative agreement with the USAID, focusing on capacity building in energy sectors in West Africa, working with regulators, ministries, companies, universities and NGOs. He is currently working on transmission siting and storage issues in relation to RPS goals; and smart grid implementation challenges. Dr. Gülen has published many articles in academic and industry journals; and served as officer at various positions of the U.S. Association for Energy Economics (USAEE); he is currently the editor of the USAEE Dialogue. He received a Ph.D. in Economics from Boston College in 1996.

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