03/22/2023
Renewable Portfolio Standards (RPS) demand that a specified percentage of the electricity utilities sell come from renewable resources. States have created these standards to expand their energy resources, promote domestic energy production and support economic development.
Recent RPS legislation has seen a push toward 100% clean or renewable energy requirements, including Colorado’s RPS target by 2050. States determine qualified resources based on their existing energy generation mix and the potential for renewable energy development in their states.
Renewable Portfolio Standards (RPS) demand that a specified percentage of the electricity utilities sell come from renewable resources. States have created these standards to expand their energy resources, promote domestic energy production and support economic development. Recent RPS legislation ha...