Capacity-Based Policy
From Open Risk Manual
Definition
Capacity-Based Policy is a regulatory requirement or program that addresses the amount or percentage of installed renewable energy capacity (e.g. in megawatts [MW]) in a certain geographic area over a certain period of time.
Installed capacity can be determined without tracking or compliance instruments (e.g. renewable energy certificates).
Examples
- Renewable Portfolio Standard (RPS)
- capacity-based distributed generation (DG) program.
