Template-Type: ReDIF-Article 1.0
Author-Name:  Stein-Erik Fleten, Johannes Mauritzen, and Carl J. Ullrich
Title:  The Other Renewable: Hydropower Upgrades and Renewable Portfolio Standards
Classification-JEL: F0
Volume:  Volume 39
Issue:  Number 2
Year:  2018
Abstract:  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.
Handle: RePEc:aen:journl:ej39-2-Mauritzen
File-URL: http://www.iaee.org/en/publications/ejarticle.aspx?id=3058
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