System dynamics modeling of the Massachusetts SREC market

Sustainability

Volumn 2, Issue 9, 2010, Pages 2746-2761

  Flynn, Hilary ^a   Breger, Dwayne ^b   Belden, Andrew ^a   Bier, Asmeret ^c   Laurent, Chad ^a   Andrews, Natalie ^b   Rickerson, Wilson ^a  

^a Meister Consultants Group   (United States)

^b Massachusetts Department of Energy Resources (DOER)   (United States)

^c NONE

Author keywords

Auction; Renewable energy certificate; Renewable portfolio standard; Solar; System dynamics

Indexed keywords

EID: 84867314712     PISSN: 20711050     EISSN: None     Source Type: Journal    
DOI: 10.3390/su2092746     Document Type: Article

References (13)

1. Downloaded from the Database of State Incentives for Renewable Energy (DSIRE) website. Available online: http://www.dsireusa.org/ (accessed on 30 April 2010).
2. Wiser, R.; Barbose, G. Renewables Portfolio Standards in the United States: A Status Report with Data through 2007; Lawrence Berkeley National Laboratory: Berkeley, CA, USA, 2008.
3. de Jager, D.; Rathmann, M. Policy Instrument Design to Reduce Financing Costs in Renewable Energy Technology Projects; Prepared for the International Energy Agency, Renewable Energy Technology Development; Ecofys International BV: Utrecht, the Netherlands, 2008.
4. Winka, M. Transition to a Market-based REC Financing System White Paper Series: New Jersey's Solar Market; New Jersey Clean Energy Program: Trenton, NJ, USA, 2006; pp. 2-7.
5. Downloaded from the Database of State Incentives for Renewable Energy (DSIRE) website. Available online: http://www.dsireusa.org/ (accessed on 8 July 2010).
6. The two prior PV incentive programs were the Large Onsite Renewable Initiative and the Small Renewables Initiative.
7. Massachusetts Department of Energy Resources. Massachusetts Renewable Energy Portfolio Standard Annual RPS Compliance Report for 2007; MA DOER: Boston, MA, USA, 2008.
8. LSEs are the obligated parties under the RPS and include both default service and non-default service providers.
9. NEPOOL GIS is an electricity generation attribute tracking system used by New England states to verify renewable energy generation for RPS compliance.
10. More details about the SREC program can be found on the DOER's website. Available online: www.mass.gov/doer (accessed on 26 August 2010).
11. Ford, A.; Vogstad, K.; Flynn, H. Simulating Price Patterns for Tradable Green Certificates. Energ. Policy 2007, 35, 91-111.
12. Barlas, Y. Formal Aspects of Model Validity and Validation in System Dynamics. Syst. Dyn. Rev. 1996, 12, 183-210.
13. Ford, A.; Vogstad, K.; Flynn, H. Simulating Price Patterns for Tradable Green Certificates. Energ. Policy 2007, 35, 91-111.