{"title":"Feasibility and consumer benefits of meeting the renewable portfolio standard for distributed generation in Illinois","authors":"J. Jo, J. Hayden, S. Noll","doi":"10.1080/2093761X.2014.900730","DOIUrl":null,"url":null,"abstract":"The Illinois Renewable Portfolio Standard (RPS) set a goal of meeting 0.25% of the state's total electricity sales from distributed generation by 2025. This study analysed the feasibility of meeting this distributed generation RPS target with residential solar systems. The net present value (NPV) of residential solar photovoltaic systems to system owners were estimated over a 25 year lifespan. The solar energy systems were allocated on a per capita basis to seven regions across Illinois to take into account region-specific electricity rates and solar resources. The model proposed here compares the annual payments and added value to the customer by compiling yearly NPV on a county, region, and state basis for the system lifespan. Reductions in CO2 and transmission losses were also estimated to more thoroughly describe the positive effects of distributed generation.","PeriodicalId":38108,"journal":{"name":"International Journal of Sustainable Building Technology and Urban Development","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2014-10-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/2093761X.2014.900730","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Sustainable Building Technology and Urban Development","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/2093761X.2014.900730","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"Engineering","Score":null,"Total":0}
引用次数: 1
Abstract
The Illinois Renewable Portfolio Standard (RPS) set a goal of meeting 0.25% of the state's total electricity sales from distributed generation by 2025. This study analysed the feasibility of meeting this distributed generation RPS target with residential solar systems. The net present value (NPV) of residential solar photovoltaic systems to system owners were estimated over a 25 year lifespan. The solar energy systems were allocated on a per capita basis to seven regions across Illinois to take into account region-specific electricity rates and solar resources. The model proposed here compares the annual payments and added value to the customer by compiling yearly NPV on a county, region, and state basis for the system lifespan. Reductions in CO2 and transmission losses were also estimated to more thoroughly describe the positive effects of distributed generation.
期刊介绍:
The International Journal of Sustainable Building Technology and Urban Development is the official publication of the Sustainable Building Research Center and serves as a resource to professionals and academics within the architecture and sustainability community. The International Journal of Sustainable Building Technology and Urban Development aims to support its academic community by disseminating studies on sustainable building technology, focusing on issues related to sustainable approaches in the construction industry to reduce waste and mass consumption, integration of advanced architectural technologies and environmentalism, sustainable building maintenance, life cycle cost (LCC), social issues, education and public policies relating to urban development and architecture .