• Sec. 101 requires utilities that sell more than 4 million megawatt hours of electricity to consumers to meet a certain percentage (6 % in 2012 rising to 20 % in 2020) of their load electricity generated from renewable resources and energy savings. Up to one quarter (or twofifths upon petition) of the requirement can be met with energy savings. – This provision is modeled in IPM. In ADAGE, the energy savings portion of the RES is modeled, but not the renewable electricity portion. IGEM does not model this provision. – Subtitle B- Carbon Capture and Sequestration • Sec. 114 creates a Carbon Capture and Sequestration (CCS) demonstration early deployment program. – This provision is modeled in IPM, but not in ADAGE or IGEM. • Sec. 115 promotes the commercial deployment of CCS technologies through a bonus allowance program. – This provision in modeled in ADAGE, IGEM, and IPM. – Subtitle C- Clean Transportation – Subtitle D- State Energy and Environmental Deployment Accounts • Sec. 131 establishes SEED Accounts to serve as a state-level repository for managing and accounting for all emissions allowances designated primarily for renewable energy and energy efficiency purposes. • Sec. 132 distributes emission allowances among states for energy efficiency and renewable energy deployment and manufacturin
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