The Other Renewable: Hydropower Upgrades and Renewable Portfolio Standards
Journal article, Peer reviewed
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Original versionEnergy Journal. 2018, 39 (2), 197-217. http://dx.doi.org/10.5547/01956574.39.2.sfle
A total of 29 U.S. states and the District of Columbia have in place mandatory Renewable Portfolio Standards (RPS) which require that a minimum amount of energy come from renewable resources. We investigate the role of hydropower vis-a-vis other renewables under RPS. Using a Bayesian multilevel model, we find that hydropower plants subject to RPS are more likely to plan upgrades. These planned upgrades appear to be a substitute for solar and wind rather than complementary reserve generation.
The accepted and peer reviewed manuscript to the article