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What is the main purpose of establishing a Renewable Portfolio Standard (RPS)?



The main purpose of establishing a Renewable Portfolio Standard (RPS) is to increase the production and use of electricity from renewable energy sources, such as solar, wind, geothermal, and biomass. A Renewable Portfolio Standard (RPS) is a regulatory mandate that requires electricity providers (e.g., utilities) to supply a minimum percentage of their electricity from eligible renewable energy resources. The RPS is design....

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Redundant Elements