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Energy efficiency as a resource in state portfolio standards: Lessons for more expansive policies

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  • Thoyre, Autumn

Abstract

In this paper, state electricity portfolio standards in the U.S. are analyzed to examine how energy efficiency is being created as a particular kind of resource through this type of climate change governance. Such policies can incentivize energy efficiency by requiring or encouraging electricity providers to meet a certain percentage of their demand through energy efficiency measures. North Carolina’s portfolio standard is used as an in-depth case study to identify factors that are then compared across all 36 states that include energy efficiency as part of a portfolio requirement or goal. The main finding of this study is that state portfolio standards tend to emphasize demand-side energy efficiency, or energy efficiency on the customer’s side of the electricity meter, and only rarely incentivize a full range of both demand-side and supply-side efficiency changes. As a result, the amount of energy efficiency and climate change mitigation benefits that are likely to result from this type of portfolio standard policy tool are limited. From this analysis, lessons are drawn out for crafting stronger portfolio standards that incentivize a wider range of efficiency changes across electricity networks.

Suggested Citation

  • Thoyre, Autumn, 2015. "Energy efficiency as a resource in state portfolio standards: Lessons for more expansive policies," Energy Policy, Elsevier, vol. 86(C), pages 625-634.
    • Handle: RePEc:eee:enepol:v:86:y:2015:i:c:p:625-634
    DOI: 10.1016/j.enpol.2015.08.015
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    References listed on IDEAS

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    Cited by:

    1. Rhodes, Ekaterina & Scott, William A. & Jaccard, Mark, 2021. "Designing flexible regulations to mitigate climate change: A cross-country comparative policy analysis," Energy Policy, Elsevier, vol. 156(C).
    2. Forouli, Aikaterini & Gkonis, Nikolaos & Nikas, Alexandros & Siskos, Eleftherios & Doukas, Haris & Tourkolias, Christos, 2019. "Energy efficiency promotion in Greece in light of risk: Evaluating policies as portfolio assets," Energy, Elsevier, vol. 170(C), pages 818-831.
    3. Jinpeng Liu & Li Wang & Mohan Qiu & Jiang Zhu, 2016. "Promotion Potentiality and Optimal Strategies Analysis of Provincial Energy Efficiency in China," Sustainability, MDPI, vol. 8(8), pages 1-17, August.
    4. Tomasz Rokicki & Grzegorz Koszela & Luiza Ochnio & Kamil Wojtczuk & Marcin Ratajczak & Hubert Szczepaniuk & Konrad Michalski & Piotr Bórawski & Aneta Bełdycka-Bórawska, 2021. "Diversity and Changes in Energy Consumption by Transport in EU Countries," Energies, MDPI, vol. 14(17), pages 1-21, August.
    5. Alexander Melnik & Irina Naoumova & Kirill Ermolaev & Jerome Katrichis, 2021. "Driving Innovation through Energy Efficiency: A Russian Regional Analysis," Sustainability, MDPI, vol. 13(9), pages 1-19, April.
    6. Alqahtani, Bandar Jubran & Patiño-Echeverri, Dalia, 2019. "Combined effects of policies to increase energy efficiency and distributed solar generation: A case study of the Carolinas," Energy Policy, Elsevier, vol. 134(C).
    7. Rogério Diogne de Souza e Silva & Rosana Cavalcante de Oliveira & Maria Emília de Lima Tostes, 2017. "Analysis of the Brazilian Energy Efficiency Program for Electricity Distribution Systems," Energies, MDPI, vol. 10(9), pages 1-19, September.

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