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Topical Terminology > Renewables Portfolio Standard (Rps)



1 Definition

Renewables portfolio standard (RPS)

For Renewables portfolio standard (RPS) we have a term and definition in Wind Energy.



Renewables Portfolio Standard (Rps) (Wind Energy)

A (proposed) minimum renewable energy requirement for a region's electricity mix. Under an RPS, every electricity supplier would be required to provide some percentage of its supply from renewable energy sources. RPS proposals frequently ease that requirement by including a tradeable credit system under which electricity suppliers can meet the requirement by buying and selling renewable generation credits.




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