In a landslide, the people of Missouri voted for mandatory renewable energy requirements for state utilities. It’s called a Renewable Portfolio Standard (RPS) and is a regulatory policy that requires increased production of renewable energy sources such as solar, biomass, wind, and hydropower. There is no national policy in place and Missouri’s former RPS was voluntary but in November the state overwhelmingly supported the adoption of a mandatory mechanism at the polls. Missouri joins 27 other states which also have RPS’s in place. Each state’s RPS is different and Missouri’s will require the state’s three largest electric utilities to purchase or generate at least 15 percent of their energy from renewable sources by 2021. RPS mechanisms are widely supported as they are thought to result in competition, efficiency and innovation which will allow renewable energy to compete with less expensive fossil fuel energy sources. You can read more about Missouri’s commitment to renewable energy here.
Connect With Us Today
Sign up to receive industry news and resources from Renewable Choice - Schneider Electric ESS.
- Energy Storage: Empowering Organizations to Decarbonize at Scale
- The 2017 Great American Eclipse: A Total Eclipse of the Grid?
- Carbon Disclosure Project (CDP): New Reporting Framework Announced
- Renewable Retail: Target Hits the Mark
- 6 Common Pitfalls to Large-Scale Renewable Energy Procurement Success—and How to Avoid Them
- ► 2017
- ► 2016
- ► 2015
- ► 2014
- ► 2013
- ► 2012
- ► 2011
- ► 2010
- ► 2009
- ► 2008
- ► 2006