Renewable Portfolio Standards

AWEA issues nationwide assessment of renewable portfolio standard policies

AWEA issues nationwide assessment of renewable portfolio standard policies

The American Wind Energy Association (AWEA) has released the AWEA RPS Assessment 2015, a review of nationwide renewable portfolio standard (RPS) policies with a projection of potential and expected wind energy demand created by the standards.

RPS policies provided much of the original growth for renewable energy in the United States, jump-starting the industry to develop new clean energy projects. Today, these markets are more robust and balanced, with demand coming from new sources such as corporate buyers and regional economic forces. RPS remain a significant source of demand, serve as a building block for renewable energy markets and provide a window into possible compliance options for the upcoming Clean Power Plan issued by the EPA this summer.

AWEA’s RPS report provides several key insights into:

  • Outline of each state policy structure
  • Noteworthy policy changes over the past two years
  • Description of each state’s RPS policies
  • Projection of annual demand driven by RPS policies on a state-by-state basis
  • Key demand factors in each state
Click to enlarge.

Click to enlarge.

To download the full report, use this link

The AWEA RPS Market Assessment 2015 is a product of AWEA Data Services, and is part of a wider collection of industry market reports including AWEA U.S. Wind Industry Quarterly Market Reports and the AWEA U.S. Wind Industry Annual Market Report. These data products are free to AWEA Business Members and available for purchase by non-members.

Renewable Portfolio Standards

As the Finance Policy Manager for AWEA, Paul coordinates activities for the nation's central wind advocacy organization as they relate to financial topics, namely project finance. In his five years at AWEA this has included educational support to legislators and regulators in the federal government as well as state level initiatives. Key topics have included the regulatory impacts of Dodd-Frank and the renewable push to be included for Master Limited Partnership eligibility. Prior to AWEA, Paul was a Risk Officer for Wachovia Corporation with the Leasing Group. This role introduced him to wind energy through their tax equity investment project. In that role, Paul served on the risk committee advising for or against investments in American wind projects. In addition, he worked on large equipment lease and loan financing packages, with a focus on assets such as aircraft or rail/transportation equipment. Paul holds a both a BSBA and an MBA from UNC Kenan-Flagler.

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