Renewable portfolio standards

XZ Xiaoli Zhao
ZZ Zewei Zhong
XL Xi Lu
YY Yang Yu
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Since we assume that the electricity load, electricity import, and electricity export are exogenous, we describe RPS with constraints limiting the proportion of each type of VRE in the total electricity generation by referring to relevant literature (Fell and Linn, 2013), as constraint (19).

To estimate the impact of the gradual increase in RPS targets on GHG emissions, we calculated the market equilibrium results for a series of different RPS targets, namely, a series of optimization problems with different parameters in RPS constraints.

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