The Other Renewable: Hydropower Upgrades and Renewable Portfolio Standards
Journal article
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http://hdl.handle.net/11250/2497499Utgivelsesdato
2018Metadata
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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