in News Departments > New & Noteworthy
print the content item

The renewable electricity standard (RES) in the pending House and Senate energy legislation, if adopted, would cut consumer energy bills and carbon dioxide emissions (CO2), as well as stimulate job growth, according to an analysis done by the American Council for an Energy-Efficient Economy (ACEEE).

According to ACEEE, which authored the five-month study, the RES would, in 2030, reduce CO2 emissions by 100 million metric tons, save 22 billion kWh of electricity usage, create 21,000 net new jobs, and displace a total of 32 conventional power plants with a generating capacity of 500 MW each. This proposal would save consumers $5 billion in 2030 and a cumulative $60.5 billion through 2030.

The direct energy-efficiency savings and the indirect impacts of efficiency and renewable energy on natural gas and coal prices more than offset the slightly higher cost of renewable energy, according to the report.

The study further examined these renewable and efficiency policies against a climate policy framework similar to the Lieberman-Warner America's Climate Security Act under consideration by the Senate Committee on Environment and Public Works.

These scenarios showed even greater benefits in terms of lower energy prices, greater consumer savings and a stronger economy from setting RES and resource targets.

"Renewable electricity and energy-efficiency policies should be cornerstones of our climate policy," says Bill Prindle, ACEEE's policy director. "By enacting the RES in the energy bill, Congress can make the best down payment possible on reducing carbon emissions in the electricity sector."

For more information on the report, visit aceee.org.


Trachte Inc._id1770
Latest Top Stories

Wind And Solar Are Catching Up With Nuclear Power, Says Report

A new report from the Worldwatch Institute says nuclear energy's share of global power production is steadily shrinking. Meanwhile, renewables' share keeps growing.


Could New Desert Plan Spell The End Of California Wind Energy Development?

The California Wind Energy Association says it is disappointed with the draft Desert Renewable Energy Conservation Plan, which was recently released by state and federal agencies.


New U.S. House Bill Includes Wind PTC Extension

U.S. representatives have introduced the Bridge to a Clean Energy Future Act of 2014, which would extend the production tax credit (PTC) and other provisions through 2016.


Utility-Scale Wind And Solar Keep Getting Cheaper

A new study measures the levelized cost of energy from various technologies and suggests that the costs of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.


The Song Remains The Same: Ontario Seeks More Science Before Lifting Offshore Ban

The Ontario government says the nearly four-year-old offshore wind moratorium will remain in place until the province fully understands the technology’s impact on the environment.

Renewable NRG_id1934
Canwea_id1984
Future Energy_id2008