REP Policy 5

Question 1

Which U.S. executive order established the federal goal of achieving 100% carbon-free electricity by 2035 and net-zero emissions government-wide by 2050?

Accepted Answer

Executive Order 14057

Answer

Executive Order 14057, signed in December 2021, directed federal agencies to achieve 100% carbon-free electricity by 2035 and net-zero emissions government-wide by 2050.

Question 2

In offshore wind policy, a 'Bureau of Ocean Energy Management (BOEM) lease area' grants a developer the right to:

Accepted Answer

Conduct site assessments and, upon approval, construct and operate offshore wind facilities in federal waters

Answer

BOEM offshore wind leases grant exclusive rights to assess, develop, and operate wind energy facilities on the Outer Continental Shelf, subject to further federal and state regulatory approvals.

Question 3

The 'Renewable Energy Buyers Alliance' (REBA) primarily serves which market segment?

Accepted Answer

Large corporate and institutional buyers seeking to procure renewable energy

Answer

REBA is an industry coalition that helps large commercial and institutional energy buyers navigate the market for clean energy procurement through PPAs and other instruments.

Question 4

Which policy tool requires electricity suppliers to retire a specified quantity of renewable energy certificates (RECs) corresponding to a percentage of their retail electricity sales?

Accepted Answer

Renewable Portfolio Standard (RPS)

Answer

An RPS obligates retail electricity suppliers to source or purchase RECs equal to a mandated percentage of their retail sales, driving demand for renewable electricity generation.

Question 5

The 'prevailing wage and apprenticeship' requirements in the Inflation Reduction Act affect the size of clean energy tax credits because:

Accepted Answer

Projects paying prevailing wages receive a 5x multiplier on the base credit rate

Answer

IRA clean energy credits include a base rate (e.g., 6% ITC) that increases by a 5x multiplier to the full bonus rate (30% ITC) only if projects meet prevailing wage and registered apprenticeship requirements.

(REP) Certified Renewable Energy Professional Practice Test

(REP) Certified Renewable Energy Professional Practice Test

REP Policy 5