Title :
Impact of regional greenhouse gas initiative and renewable portfolio standards on power system planning
Author :
Platts, James E.
Author_Institution :
ISO New England, Holyoke, MA
Abstract :
Two developments are having an impact on power system planning in the Northeastern U.S.: a seven-state regional CO2 emissions cap and the growth of renewables from renewable portfolio standards (RPS). The CO2 cap will increase energy costs of fossil units and could affect reliability. RPS provides targets for renewable energy supply by the load serving entities and are resulting in mostly remote installations of small wind and biomass plants. The paper discusses the implications of these two developments
Keywords :
air pollution; costing; investment; power system economics; power system planning; Northeastern U.S; biomass plants; emissions cap; load serving entities; power system planning; regional greenhouse gas initiative; remote installations; renewable energy supply; renewable portfolio standards; small wind plants; Biomass; Costs; Global warming; ISO standards; Portfolios; Power generation; Power system planning; Power system reliability; Renewable energy resources; Standards development; CO; Greenhouse Gas; REC; Renewable Portfolio Standards;
Conference_Titel :
Power Engineering Society General Meeting, 2006. IEEE
Conference_Location :
Montreal, Que.
Print_ISBN :
1-4244-0493-2
DOI :
10.1109/PES.2006.1709393
