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The effectiveness of Renewable Portfolio Standard banding and carve-outs in supporting high-cost types of renewable electricity

Buckman, Greg

Description

Renewable Portfolio Standards (RPSs) are renewable electricity (RES-E) subsidy mechanisms in which governments mandate how much RES-E should be generated and markets determine the cost of the subsidy needed to generate the RES-E. Two modifications of the RPS that can help support high-cost types of RES-E are banding, where governments mandate higher multiples of RPS tradable certificates for high-cost types of RES-E, and carve-outs, where governments prescribe a part of an RPS target that can...[Show more]

CollectionsANU Research Publications
Date published: 2011-05-11
Type: Journal article
URI: http://hdl.handle.net/1885/7451
Source: Energy Policy 39.7 (2011): 4105-4114
DOI: 10.1016/j.enpol.2011.03.075

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