We look forward to the Award
generating a
competitive spirit among librarians and improving the
facilities and resources available to these unsung heroes.
Requires FERC to: (1) issue to each generator of renewable electricity a REC for each megawatt hour of renewable electricity
generated after December 31, 2011; (2) issue three RECs for each megawatt hour of renewable electricity
generated by an existing distributed renewable generation
facility; and (3) review the effect of issuing three RECs and to reduce such number for any given energy source or technology to ensure that such number is no higher than is necessary to make such
facilities using such source or technology cost
competitive with other sources of renewable electricity generation.
A while back I posted an article on a purchase of a solar power
generating facility by Los Angeles, in which it was said that solar is already
competitive with gas turbines for peak generation, with all costs and subsidies included in the calculation.