Next Article in Journal / Special Issue
Participatory System Dynamics Modeling for Sustainable Environmental Management: Observations from Four Cases
Previous Article in Journal
Changes in Woodland Use from Longleaf Pine to Loblolly Pine
Previous Article in Special Issue
Learning from the Neighbors: Economic and Environmental Impacts from Intensive Shrimp Farming in the Mekong Delta of Vietnam
Open AccessArticle

System Dynamics Modeling of the Massachusetts SREC Market

1
Meister Consultants Group, 98 North Washington Street, Boston, MA 02114, USA
2
Massachusetts Department of Energy Resources, 100 Cambridge Street, Suite 1020, Boston, MA 02114, USA
3
Independent Consultant
*
Author to whom correspondence should be addressed.
Sustainability 2010, 2(9), 2746-2761; https://doi.org/10.3390/su2092746
Received: 4 August 2010 / Revised: 19 August 2010 / Accepted: 20 August 2010 / Published: 31 August 2010
As states across the country struggle to increase local development of renewable energy, policymakers are turning to innovative program designs to meet their renewable electricity targets. Massachusetts recently adopted a unique, auction-based price support mechanism for the solar portion of its renewable portfolio standard. During the program development process, the Massachusetts Department of Energy Resources (DOER) used system dynamics to simulate potential solar renewable energy certificate market conditions under the proposed regulations. The modeling exercise resulted in several program design changes that will lead to a more stable certificate market. System dynamics can be a useful tool for developing and improving sustainability programs. View Full-Text
Keywords: solar; system dynamics; renewable portfolio standard; renewable energy certificate; auction solar; system dynamics; renewable portfolio standard; renewable energy certificate; auction
Show Figures

Figure 1

MDPI and ACS Style

Flynn, H.; Breger, D.; Belden, A.; Bier, A.; Laurent, C.; Andrews, N.; Rickerson, W. System Dynamics Modeling of the Massachusetts SREC Market. Sustainability 2010, 2, 2746-2761.

Show more citation formats Show less citations formats

Article Access Map by Country/Region

1
Only visits after 24 November 2015 are recorded.
Back to TopTop