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Description

Many states are addressing the issues of climate change, by changing how they produce their energy. The effects of these policies are causing many renewable sources to be underutilized. This paper analyzes how the diversification of energy generation is leading to inefficiencies in the California energy market and the western US market as a whole. The change in curtailment of non-dispatchable renewables is positively correlated with the growth of renewables. Summary statistics and regression analysis show that an increasing portion of renewables is being wasted as the quantity of renewables is increasing. The Renewable Portfolio Standards (RPS) that California introduced is bringing about these problems. The paper considers some of the solutions the California Independent System Operator (CAISO) is utilizing, while applying these challenges to Nevada’s similar RPS.

Publication Date

Spring 2021

Language

English

Keywords

Renewable; Grid; Renewable Portfolio Standards (RPS)

Disciplines

Economics | Natural Resources Management and Policy

File Format

pdf

File Size

3573 KB

Comments

Faculty Mentor: Djeto Assane, Ph.D.

Overcoming the Overgeneration of Renewables


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