Putting a Floor on Energy Savings: Comparing State Energy Efficiency Resource Standards
Energy efficiency resource standards (EERS) refer to policies that require utilities and other covered entities to achieve quantitative goals for reducing energy use by a certain year. EERS policies generally apply to electricity and natural gas sales and electricity peak demand, though they also cover other energy sources in Europe. Our study aggregates information about the requirements of existing EERS policies for electricity sales in the United States. We convert quantitative goals into comparable terms to compare the nominal stringency of EERS programs across states. EERS programs also differ in their nonquantitative requirements, including flexibility measures, measurement and verification programs, and penalties and positive incentives. We compare the U.S. policies to similar policies in the European Union and discuss important policy issues, including exogenous changes in fuel prices and issues with utility management of energy efficiency programs.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Louis-Gaëtan Giraudet & Luc Bodineau & Dominique Finon, 2011. "The costs and benefits of white certificates schemes," CIRED Working Papers hal-00866420, HAL.
- Arimura, Toshi H. & Newell, Richard G. & Palmer, Karen, 2009.
"Cost-Effectiveness of Electricity Energy Efficiency Programs,"
dp-09-48, Resources For the Future.
- Toshi H. Arimura, Shanjun Li, Richard G. Newell, and Karen Palmer, 2012. "Cost-Effectiveness of Electricity Energy Efficiency Programs," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2).
- Toshi H. Arimura & Shanjun Li & Richard G. Newell & Karen Palmer, 2011. "Cost-Effectiveness of Electricity Energy Efficiency Programs," NBER Working Papers 17556, National Bureau of Economic Research, Inc.
- Arimura, Toshi H. & Li, Shanjun & Newell, Richard G. & Palmer, Karen, 2011. "Cost-Effectiveness of Electricity Energy Efficiency Programs," Discussion Papers dp-09-48-rev, Resources For the Future.
- repec:hal:wpaper:hal-00866422 is not listed on IDEAS
- Louis-Gaëtan Giraudet & Dominique Finon, 2011. "White certificate schemes : the static and dynamic efficiency of an adaptive policy instrument," CIRED Working Papers hal-00866422, HAL.
- Timothy Brennan, 2010. "Decoupling in electric utilities," Journal of Regulatory Economics, Springer, vol. 38(1), pages 49-69, August.
- repec:hal:wpaper:hal-00866420 is not listed on IDEAS
- Brennan, Timothy J & Palmer, Karen, 1994. "Comparing the Costs and Benefits of Diversification by Regulated Firms," Journal of Regulatory Economics, Springer, vol. 6(2), pages 115-36, May.
- Brennan, Timothy J. & Palmer, Karen, 2012.
"Energy Efficiency Resource Standards: Economics and Policy,"
dp-12-10, Resources For the Future.
- Brennan, Timothy J. & Palmer, Karen L., 2013. "Energy efficiency resource standards: Economics and policy," Utilities Policy, Elsevier, vol. 25(C), pages 58-68.
- Timothy J. Brennan, 2009.
"Optimal Energy Efficiency Policies and Regulatory Demand-Side Management Tests: How Well Do They Match?,"
UMBC Economics Department Working Papers
09-109, UMBC Department of Economics, revised 01 Jan 2009.
- Brennan, Timothy J., 2010. "Optimal energy efficiency policies and regulatory demand-side management tests: How well do they match?," Energy Policy, Elsevier, vol. 38(8), pages 3874-3885, August.
- Brennan, Timothy J., 2011. "Energy Efficiency Policy: Surveying the Puzzles," Discussion Papers dp-11-27, Resources For the Future.
When requesting a correction, please mention this item's handle: RePEc:rff:dpaper:dp-12-11. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Webmaster)
If references are entirely missing, you can add them using this form.