Few Utilities Power Ahead with Renewables
Friday, March 12th, 2010
As surely as last year’s Paris fashions make their way west to New York, U.S. utilities are beginning to embrace European-style programs like feed-in tariffs and green power premiums.
State-level decoupling regulations are easing that transition to some extent. But many utilities are still reluctant to embrace the change fully, especially as prices for conventional energy have come back down and utilities are finding that available capacity in voluntary green power is going unsubscribed.
Utilities do not like the financial uncertainty posed by long-term contracting for renewable power to supply the programs if they are not going to be able to move the power. It inevitably puts the utility’s shareholder obligations at odds with its ratepayer obligations and results in one of two solutions: green premiums go up and make the company look bad on green; or, everyone on the system pays to cover the nut, and no one is happy. (more…)

Anyone watching the health care debate spread from Capitol Hill conference rooms to town halls nationwide knows that everyone agrees we need health care reform. The disagreement comes in determining what kind. Comprehensive tort reform fits under the heading and so would the implementation of a single-payer system, but the two solutions could not be much farther apart on the political spectrum. An apt analogy – as the summer vacation season comes to a close – may be the good old fashioned American road trip: the whole family knows the destination, but getting there is the tough part.
These are the days for clean tech observers and professionals. Our most innovative companies are finally bringing game-changing technologies to market and into competitive parity on cost. The political will that has been lacking for decades seems to be gaining critical mass. Even corporate America seems to be on board with making a profitable shift to a green economy.


