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How to Lower Costs for Renewable Energy Generation

May 5, 2006 | 1 Comment

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Sacramento, California [RenewableEnergyAccess.com] The California Energy Commission will hold a workshop to address credit policies imposed for new and repowered generation projects, especially renewable energy projects. It will focus on exploring alternatives to current practices that could help lower the costs of electricity for consumers while helping California achieve its renewable energy goals.

Credit policies have a significant impact on the cost of financing generation projects, especially when it comes to renewable energy.

-- Joseph Desmond, California Energy Commission Chairman

Credit policies have a significant impact on the cost of financing generation projects, especially when it comes to renewable energy, stated Energy Commission Chairman Joseph Desmond.

Topics include credit policies in other states, project costs, insurance products, risk pooling, savings to ratepayers and future research.

Scheduled for June 2006, the workshop will bring together investment bankers, power plant investors, portfolio managers, insurance companies, risk managers, developers, and investor-owned and municipal utilities to address credit policies for projects in California.

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Bioenergy, Geothermal Energy, Green Power, Hydropower, Hydrogen - Fuel Cells, Ocean Energy, Other, Solar Energy, Wind Power

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jim-stack-36988

May 6, 2006

The best way to reduce the cost is to use it more. The more solar systems and wind generators we buy the better they become and the more we save. Every little bit helps our economy and the environment.
Use renewables and they get less costly, use fossil fuels and they cost more in dollars and health.

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