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Agricultural Economics

Masters Theses

2007

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Potential Impacts Of Meeting Renewable Portfolio And Fuel Standards On The Economy Of Tennessee, Kateryna Goychuk Aug 2007

Potential Impacts Of Meeting Renewable Portfolio And Fuel Standards On The Economy Of Tennessee, Kateryna Goychuk

Masters Theses

The primary objective of this study was to estimate how adopting a Renewable Portfolio (RPS) and Renewable Fuel Standards (RFS) would impact the economy of the State of Tennessee. This was accomplished by 1) developing representative state level RPS and RFS scenarios, 2) projecting Tennessee’s renewable energy capacity requirements under these scenarios, 3) identifying representative technologies and associated costs for renewable energy generation, and 4) evaluating decreases in economic activity in non-renewable technologies, such as coal or petroleum, in the state. The economic (output, employment, value-added) impacts were obtained using the IMPLAN, input-output model. Results showed that under the assumptions …