Wind and solar power in the United States: Status and prospects

Citation:

Michael B. McElroy and Xinyu Chen. 2017. “Wind and solar power in the United States: Status and prospects.” CSEE Journal of Power and Energy Systems, 1, 3.

Abstract:

 

The United States has committed to reduce its greenhouse gas emissions by 26%–28% by 2025 and by 83% by 2050 relative to 2005. Meeting these objectives will require major investments in renewable energy options, particularly wind and solar. These investments are promoted at the federal level by a variety of tax credits, and at the state level by requirements for utilities to include specific fractions of renewable energy in their portfolios (Renewable Portfolio Standards) and by opportunities for rooftop PV systems to transfer excess power to utilities through net metering, allowing meters to operate in reverse. The paper discusses the current status of these incentives.

 

Last updated on 04/01/2017