HW 5 Terms Flashcards

1
Q

A minimum percentage of total energy generated from each generator must come from renewable sources 

A

Renewable portfolio standard 

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2
Q

A generator that exceeds the minimum RPS earns credits, equal to the excess in renewable generation

A

Renewable energy credits 

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3
Q

The allocation that minimizes the cost of a given objective 

A

Cost effective allocation 

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4
Q

Supplies a price, or tariff, that any qualified renewable generator receives when selling to the grid; used in Europe

A

Feed in tariff

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