Wednesday, August 25, 2010

California to Launch Next-Generation Feed-in Tariff for Solar

CPUC Pilot Program Opens New Market Opportunity for Mid-Sized PV Development

SAN FRANCISCO--(BUSINESS WIRE)--Yesterday, the California Public Utilities Commission (CPUC) issued a proposed decision to launch a new renewable incentive program designed to drive mid-sized renewable energy development. This next-generation feed-in tariff program will require investor-owned California utilities to purchase electricity from renewable energy systems between 1 and 20 MW in size. Advocates at the Vote Solar Initiative and the Interstate Renewable Energy Counsel (IREC) applauded the CPUC for its innovative approach to helping California meet its renewable goals and build a strong new energy economy.

“California has robust policies for developing large, utility-scale solar power plants and for putting smaller systems on homes and businesses, but there is a clear gap in the middle. Yesterday’s CPUC proposal is designed to unlock that missing piece, providing an additional opportunity for solar market and job growth and for quickly bringing massive new amounts of clean energy to the state,” said Adam Browning, Executive Director of Vote Solar. “Although there are a few mechanics of the program still in need of clarification, this proposal largely draws on proven best practices for mid-sized renewable procurement. We look forward to working with the CPUC to finalize those details and get the program up and running.”

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