Feasibility and Implications of the Michigan 2012 Proposal 3 for a 25% State Renewable Portfolio Standard

Liz Moyer (et. al.) releases a paper analyzing wind resources and the effect on Michigan's renewable portfolio standard. Electricity rates could be impacted 3.5-11%, dependent on federal subsidies and implementation details. The smaller, pre-existing RPS (10% by 2015) may hit some roadblocks due to cost cap provisions preventing a >3% rate climb. The Michigan Public Service Commission (MPSC) will be responsible for balancing local interests and costs; the article suggests that the MPSC should pay close attention to cost control and exceeding the set caps. In conclusion, the authors determined the RPS policies to be achievable, but it is yet to be seen what route of implementation will be used. 


Full article may be found here.