Dive Brief:

• Michigan is on track to double its share of electricity produced from wind and other renewable resources by 2035, says a report provided to Gov. Rick Snyder on Monday.
• Michigan law sets a renewable portfolio standard for utilities of 10% by 2015, 15% by 2020 and 30% by 2035. The study prepared by the Public Service Commission and Michigan Energy Office says these goal are "achievable."
• “It is … clear that since the Michigan RPS was enacted, the costs of renewable energy, particularly onshore wind and solar, have dropped noticeably,” the study said.

Dive Insight: 

Twenty-nine states and the District of Columbia have some form of renewable energy standard. The report notes, however, that Michigan is among the "less aggressive" standards in the nation. The report is expected to be a factor when Snyder and the Legislature revisit a 2008 law that set renewable and energy efficiency mandates but also limited retail electricity competition. Reports on efficiency and retail competition are due later this month.