The Economic Impact and Analysis of Energy Policy in the PI+ Model
July 16, 2012
2:00 pm - 3:00 pm
For this session, we are proud to welcome Dr. James Peach, Regents Professor at New Mexico State University (NMSU), to present a study on the renewable portfolio standard (RPS) in New Mexico (conducted jointly with REMI economists Zilin Cui and Scott Nystrom). A majority of states (33/50) have an RPS which requires a certain target of renewable power generation by utilities. New Mexico requires 20% of electricity to come from wind, solar, geo-thermal or bio-fuels sources by 2020. This analysis, using REMI PI+, simulates the influence of the economic costs and benefits from the policy to produce results such as job impacts, growth, real personal income and other major factors.
This presentation will take place over one session:
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