Florida Study - Bipartisan Policy Center
Florida Study - Bipartisan Policy Center
Florida Study - Bipartisan Policy Center
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Table of ContentsPageExecutive Summaryiii<strong>Study</strong> Purpose 1Methods of Analysis 1The Proposed Federal Renewable Portfolio Standard and Federal EnergySavings Requirement2The 20% RES 3The 25% RES 3<strong>Florida</strong>’s Current Energy Profile 5Renewable Electricity Generators 5Potential for Energy Generation to Meet the Renewable EnergyRequirements9Solar 9Landfill Gas 10Poultry Wastes 12Dairy Manure 12Co-Fire With Wood 13Direct Fire With Wood 14Direct Fire With Dedicated Energy Crops 15Metropolitan Solid Waste 15Projections of <strong>Florida</strong> Electricity Demand and Net Generation 16Projections to Meet the Federal Proposals 17The 20% RES 17The 25% RES 17Placement of Additional Renewable Energy Facilities 18Purchase of Renewable Energy Credits 22Economic Impacts: Investment and Operating 23Economic Impacts: Investment in a Renewable Electricity Industry 23Economic Activity (Total Industry Output) from Investment 24Employment from Investment 24Economic Impacts: Year-to-Year Operations of a Renewable ElectricityIndustry24Economic Activity (Total Industry Output) from Operating 24Employment from Operating 28Economic Impacts: Agricultural Sector 30Economic Impacts of Potential Rate Increases 31Conclusions 32References Used 35Appendix A A.1Appendix B – Expenditures by Representative Renewable EnergyFacilitiesB.1Appendix C – Economic Impacts from Additional Renewable EnergyFacilitiesC.1Federal Renewable Energy Portfolio Standard Impacts on <strong>Florida</strong>vii
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