Center for Advanced BioEnergy Research, University of Illinois at Urbana-Champaign

Wednesday, May 30, 2012

Hearing hashes out national clean energy standard

Biomass Power & Thermal
By Anna Simet

May 22, 2012

The U.S. Senate Committee on Energy & Natural Resources held a hearing May 17 to gather testimonial regarding S. 2146, the Clean Energy Standard Act of 2012, as introduced by U.S. Sen. Jeff Bingaman, D-N.M, earlier this spring.

Among testifiers was Howard Gruenspecht, acting administrator for the U.S. Energy Information Administration. He discussed an EIA analysis performed at the request of Sen. Bingaman to examine the potential impact of the proposed legislation on the development of future electricity markets, and projected carbon dioxide emissions from electricity generation. Though they could vary significantly by region, he said, impacts on electricity prices over the next decade are minimal, the EIA found. Projected national average electricity prices start to rise, however, after 2020.

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