Politics of Energy Message Board

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Politics : Politics of Energy

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To: Brumar89 who wrote (1028)	7/28/2008 6:47:09 AM
From: Road Walker	Read Replies (2) of 86355

The tax credit doesn't bother me. But I don't understand the legal requirements that utilities get X % of power from this. If its such a good thing, they shouldn't need laws making utility companies buy it. Something I don't understand is why if the cost is .13-.17 / kwh in the SW US, does Spain need to make utilities pay .40 / kwh? Spain has a more aggressive program. Long term feed in tariffs work very well because they create a fixed selling price and the private sector can make clear investment decisions. The investment tax credit is not as stable... sure it may cost less to build but what if a competitive technology comes along and cuts the prices of energy? As far as the % of power from renew-ables, I'm sure that's the GW folks. As well as seeding the industry to create economies of scale. Which seems to be working as efficiency is improving.

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