Publication Type
Conference Paper
Publication Date
Conference Name
IEEE Energy Conversion Congress and Expo
Conference Location
Atlanta, Georgia, United States of America
Conference Date
-
Abstract
In this paper, we describe an approach to quantifying renewable energy policy for a decision maker/investor. The novelty of the idea lies in the construction of a computational model - a rule-based system - to interpret state incentives and mandates and evaluate the influence of state policies on renewable energy investment. Using this analysis tool, we are able to understand the bias of some states towards certain renewable technologies and also identify profitable markets for investment - both long and short-term. We also demonstrate how our ability to estimate the expected return of a proposed project in the form of tax credits and incentives, can be leveraged while planning to invest on large renewable power generation projects.
