National Renewable Electricity Standard or Clean Electricity Standard
What is a Renewable Electricity Standard?
A Renewable Electricity Standard (RES), also known as a Renewable Portfolio Standard (RPS), sets requisite minimum targets for renewable energy in the near- and long-term to diversify our electricity generation mix, save consumers money, and reduce pollution. These states have adopted official or voluntary renewable portfolio standards.
A 25 percent renewable electricity standard by 2025
A national standard of 25 percent renewable electricity by the year 2025, with strong near-term targets, would ensure that we foster economic development, increase American manufacturing, and create jobs.
A national RES of 25 percent by 2025 would provide $13.5 billion to farmers, ranchers, and other landowners in the form of lease payments, according to a study from the Union of Concerned Scientists.
An additional $11.5 billion would flow to communities through new local tax revenues. These revenue streams would improve the lives of rural residents and revitalize their communities.
Stable markets and long-term signals are the easiest way to attract billions of dollars in new manufacturing investment to the United States. The U.S. is in a foot race with dozens of countries around the world for new wind industry manufacturing and must adopt stable, long-term policies to become a leader.
A national RES would create an additional 274,000 jobs in the United States in such areas as construction, operations, and engineering. Over 50 percent of these jobs would be created in the manufacturing sector.
Source: Navigant Consulting, Inc. for RES-Alliance for Jobs, 2010
What is a Clean Energy Standard?
A Clean Energy Standard (CES) would set compulsory minimum targets for renewable energy and other clean energy sources in the near and long term. A national CES should be designed to encourage deployment of a diverse set of clean generation technologies at the lowest cost.
Any CES should:
• Deploy wind energy generation above a business-as-usual scenario;
• Be structured as broadly as possible;
• Preserve states’ rights to design state standards that surpass federal requirements;
• Focus on electricity generation; and
• Establish strong early targets and take into account existing clean technology generation.