TITLE

The State of Renewables Today

AUTHOR(S)
Bull, Stanley R.
PUB. DATE
July 2005
SOURCE
Solar Today;Jul/Aug2005, Vol. 19 Issue 4, p42
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article reports that the true economic value of renewable energy is increasingly apparent in the willingness of consumers to pay more for clean energy. Voluntary consumer support subsidizes the costs of new renewable energy-generation projects at some utilities, or, at other utilities, contributes funds to invest in renewable energy development. Since the first offerings in the early 1990s, nearly 600 utilities now offer green power options to more than 50 percent of all U.S. consumers in 35 states. In recent years, these markets have grown steadily; for example, utility sales of renewable energy through such voluntary programs increased by 40 percent in 2004, following a 44 percent increase in 2003, and a 56 percent increase in 2002. Today, about 2,000 MW of new renewable's capacity is being used to serve green power customers nationwide. To enable states to develop renewable energy power generators on a routine basis, new uniform national standards for the interconnection of distributed generation technology are necessary.
ACCESSION #
17507424

 

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