It is continued subsidies or bust for the utility-scale solar industry.
Tag: PTC
Cheap Renewables? Reuters Recycles the Myth
“Wind and solar developers naturally want the public to equate nameplate megawatts with reliable supply, subsidized bids with total costs, and rapid deployment with technical necessity. They are selling projects.…
Solar Tax Credits: 1978–2026 (never enough)
“Nothing is so permanent as a temporary government program.” – Milton and Rose Friedman, Tyranny of the Status Quo (1983), 115.
Another PTC/ITC Extension for Wind/Solar? Just Say NO
“The continued reliance on ‘clean’ energy tax credits is a political crutch…. Those who have introduced this legislation … should be working to phase out these subsidies more quickly, not…
“Negative Electricity Prices and the Production Tax Credit” (2012 warning for Texas went unheeded)
The market distortions caused by renewable energy incentives are one of the primary causes I believe of our current resource adequacy issue… [T]his distortion makes it difficult for other generation…