Rand plans to revise renewables study
October 26, 2006
BY Dave Nilles
The Rand Corp. announced Tuesday that it plans to revise a study on renewable energy expenditures that was issued Nov. 13. The study, titled "Impacts on U.S. Energy Expenditures of Increasing Renewable Energy Use," contained inadvertent errors in the computer model and numerical assumptions on which the study findings were based.
The study examined total energy expenditures if a requirement was imposed that 25 percent of electricity and motor vehicle fuels used in the United States by 2025 would come from renewable resources.
The study was detailed in a Nov. 20 EthanolProducer.com story. The Energy Future Coalition said findings from Rand's report suggested that using 25 percent renewable energy by 2025 won't result in higher energy prices. The coalition commissioned the report.
Rand Vice President Debra Knopman said the errors "may have an effect on the results of the study, but exactly what that will be is uncertain at present."
The errors dealt with the treatment of existing subsidies for biofuels and the availability of existing hydropower capacity, as well as details relating to how the renewable requirement is met and at what cost. Rand plans to redo the analysis and issue a corrected version in early 2007.
Dave Nilles is Online Editor for Ethanol Producer Magazine. Reach him at dnilles@bbibiofuels.com or (701) 373-0636.
Posted: 10:24 a.m. CST Thursday, December 7, 2006
The study examined total energy expenditures if a requirement was imposed that 25 percent of electricity and motor vehicle fuels used in the United States by 2025 would come from renewable resources.
The study was detailed in a Nov. 20 EthanolProducer.com story. The Energy Future Coalition said findings from Rand's report suggested that using 25 percent renewable energy by 2025 won't result in higher energy prices. The coalition commissioned the report.
Rand Vice President Debra Knopman said the errors "may have an effect on the results of the study, but exactly what that will be is uncertain at present."
The errors dealt with the treatment of existing subsidies for biofuels and the availability of existing hydropower capacity, as well as details relating to how the renewable requirement is met and at what cost. Rand plans to redo the analysis and issue a corrected version in early 2007.
Dave Nilles is Online Editor for Ethanol Producer Magazine. Reach him at dnilles@bbibiofuels.com or (701) 373-0636.
Posted: 10:24 a.m. CST Thursday, December 7, 2006
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