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Policy Creates Markets

Developing Effective Policies for Renewable Energy. Conference on a Renewable Energy Future in Mexico. Policy Creates Markets. Markets Create Scale. Scale Drives Down Price. Richard Harkrader Carolina Solar Energy CEO March 8th 2011. Effective Clean Energy Policy ….

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Policy Creates Markets

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  1. Developing Effective Policies for Renewable Energy Conference on a Renewable Energy Future in Mexico Policy Creates Markets Markets Create Scale Scale Drives Down Price Richard Harkrader Carolina Solar Energy CEO March 8th 2011

  2. Effective Clean Energy Policy… • Is aggressive but with achievable requirements • Has penalties for missing the requirements • Has adequate Pricing or Incentives • Creates a long term, sustained Market • Policy Examples: First tier - FIT, standard offer Second tier - tax credits, rebates

  3. Essential Steps to Clean Energy Market Development • Learn from other markets • Voluntary Green Power programs can demonstrate local public interest • Educate Utilities and Energy consumers • Form Industry and Trade Associations • Develop workable Codes, Rules, Regulations

  4. Examples to learn from • International - German, Spain, Italy, China, Canada • US examples -California, New Jersey, Pennsylvania, North Carolina, Arizona

  5. Value of a Diverse Energy Mix • Technology Carve-Outs are necessary (in the beginning) • Benefits of different technologies • Least cost vs. market transformation • Putting a value on clean & local

  6. Government’s Role in Clean Energy • Government Policy sets Energy sector Goals • Governments Regulators control Utility Programs • Be inclusive • Choose the best incentives to promote clean energy

  7. Go Long and Deep for big results - • Economic Gain for Local Community • Employment Opportunities • Improved Environmental Quality

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