Post by jeffolie on Feb 27, 2011 15:08:33 GMT -6
California's nearly total Democrat State government is pushing to increase solar, etc to 30% of electric supply soon...the Democrats have the votes and most likely will do this.
Electricity prices have increased more than in other states because of this mandate and will impact ratepayers even more soon enough.
Spain cut back on its failed solar program because ratepayers could not afford them at the same time Spain's housing bubble collapsed leading to failed 'Cajas' aka mortgage lenders.
Spain is big trouble with large refinancing due starting in April and throughout 2011.
California is big trouble with large refinancing due starting in April and throughout 2011.
California give generous solar rebates for home solar electric systems...will California cut back and watch this home solar electric business disappear with many jobs as Spain did?
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Spain has been forced to cut back on solar subsidies because of the impact on ratepayers. Spain is the example everyone wishes to avoid. The rapid growth in the renewable energy sector paralleled the bubble-era growth of the rest of Spain’s economy....Spain's struggling solar-power sector has announced it will sue the government over two royal decrees that will reduce tariffs retroactively, claiming they will cause huge losses for the industry.
Renewable energy has become a topic of increasing interest in recent years, as fossil fuel prices have been volatile and the focus on climate change has sharpened. Governments in many jurisdictions have been instituting policies to increase the installation of renewable energy capacity, as the techologies involved are not generally able to compete on price with conventional generation.
The reason this is necessary, as we have pointed out before, is that the inherent fossil-fuel dependence of renewable generation leads to a case of receding horizons. We do not make wind turbines with wind power or solar panels with solar power. As the cost of fossil fuel rises, the production cost of renewable energy infrastructure also rises, so that renewables remain just out of reach.
Renewable energy is most often in the form of electricity, hence subsidies have typically been provided through the power system. Capital grants are available in some locations, but it is more common for generators to be offered a higher than market price for the electricity they produce over the life of the project. Some jurisdictions have introduced a bidding system for a set amount of capacity, where the quantity requested is fixed (RFP) and the lowest bids chosen.
Others have introduced Feed-In Tariff (FIT) programmes, where a long-term fixed price is offered essentially to any project willing to accept it. Tariffs vary with technology and project size (and sometimes inversely with resource intensity) with the intention of providing the same rate of return to all projects....
...The policy of generous Feed-In Tariff (FIT) subsidies seems to be coming to an end
As Tara Patel wrote recently for Bloomberg:
EDF's Solar 'Time Bomb' Will Tick On After France Pops Bubble: ...received 3,000 applications a day to connect panels to the grid at the end of last year, compared with about 7,100 connections in all of 2008[more on various European and Canadian programs...]
theautomaticearth.blogspot.com/
Electricity prices have increased more than in other states because of this mandate and will impact ratepayers even more soon enough.
Spain cut back on its failed solar program because ratepayers could not afford them at the same time Spain's housing bubble collapsed leading to failed 'Cajas' aka mortgage lenders.
Spain is big trouble with large refinancing due starting in April and throughout 2011.
California is big trouble with large refinancing due starting in April and throughout 2011.
California give generous solar rebates for home solar electric systems...will California cut back and watch this home solar electric business disappear with many jobs as Spain did?
==================================================
Spain has been forced to cut back on solar subsidies because of the impact on ratepayers. Spain is the example everyone wishes to avoid. The rapid growth in the renewable energy sector paralleled the bubble-era growth of the rest of Spain’s economy....Spain's struggling solar-power sector has announced it will sue the government over two royal decrees that will reduce tariffs retroactively, claiming they will cause huge losses for the industry.
Renewable energy has become a topic of increasing interest in recent years, as fossil fuel prices have been volatile and the focus on climate change has sharpened. Governments in many jurisdictions have been instituting policies to increase the installation of renewable energy capacity, as the techologies involved are not generally able to compete on price with conventional generation.
The reason this is necessary, as we have pointed out before, is that the inherent fossil-fuel dependence of renewable generation leads to a case of receding horizons. We do not make wind turbines with wind power or solar panels with solar power. As the cost of fossil fuel rises, the production cost of renewable energy infrastructure also rises, so that renewables remain just out of reach.
Renewable energy is most often in the form of electricity, hence subsidies have typically been provided through the power system. Capital grants are available in some locations, but it is more common for generators to be offered a higher than market price for the electricity they produce over the life of the project. Some jurisdictions have introduced a bidding system for a set amount of capacity, where the quantity requested is fixed (RFP) and the lowest bids chosen.
Others have introduced Feed-In Tariff (FIT) programmes, where a long-term fixed price is offered essentially to any project willing to accept it. Tariffs vary with technology and project size (and sometimes inversely with resource intensity) with the intention of providing the same rate of return to all projects....
...The policy of generous Feed-In Tariff (FIT) subsidies seems to be coming to an end
As Tara Patel wrote recently for Bloomberg:
EDF's Solar 'Time Bomb' Will Tick On After France Pops Bubble: ...received 3,000 applications a day to connect panels to the grid at the end of last year, compared with about 7,100 connections in all of 2008[more on various European and Canadian programs...]
theautomaticearth.blogspot.com/