in News Departments > Policy Watch
print the content item

U.S. Reps. Jay Inslee, D-Wash., Bill Delahunt, D-Mass., Jim McDermott, D-Wash. and Mike Honda, D-Calif. have introduced the Renewable Energy Jobs and Security Act, which would provide guaranteed renewable-energy payments to clean-energy generation sources of up to 20 MW in size.

Modeled after a Germany's feed-in tariff, the measure has three main components designed to provide long-term investment security - guaranteed interconnection to the grid; long-term, fixed-rate contracts with electric utilities; and a rate-recovery program through a regional cost-sharing commission to minimize the impact on consumers. It also would help some utilities meet renewable energy purchase obligations.

"America faces an infrastructure challenge today not unlike what we had to overcome a century ago to enable farmers to reliably deliver their goods to markets," says McDermott. "It is not enough to simply say we want to develop new clean and renewable energy resources; we have to facilitate the development and improvements in the transmission infrastructure that can reliably bring these new energy resources to market."

Under the Renewable Energy Jobs and Security Act, the Federal Energy Regulation Commission would set technology-specific prices that utilities would pay renewable-energy suppliers with up to 20 MW of capacity. Prices would be reduced incrementally every two years over a two-decade span, with the goal of reaching or approaching market rate.

The legislation has been endorsed by over 80 non-governmental organizations, renewable-energy companies and clean-energy investors. It is expected to be referred to the House Energy and Commerce Committee. A companion measure has not yet been introduced in the Senate.

SOURCE: Office of Rep. Jay Inslee



Trachte Inc._id1770
Latest Top Stories

Wind And Solar Are Catching Up With Nuclear Power, Says Report

A new report from the Worldwatch Institute says nuclear energy's share of global power production is steadily shrinking. Meanwhile, renewables' share keeps growing.


Could New Desert Plan Spell The End Of California Wind Energy Development?

The California Wind Energy Association says it is disappointed with the draft Desert Renewable Energy Conservation Plan, which was recently released by state and federal agencies.


New U.S. House Bill Includes Wind PTC Extension

U.S. representatives have introduced the Bridge to a Clean Energy Future Act of 2014, which would extend the production tax credit (PTC) and other provisions through 2016.


Utility-Scale Wind And Solar Keep Getting Cheaper

A new study measures the levelized cost of energy from various technologies and suggests that the costs of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.


The Song Remains The Same: Ontario Seeks More Science Before Lifting Offshore Ban

The Ontario government says the nearly four-year-old offshore wind moratorium will remain in place until the province fully understands the technology’s impact on the environment.

Canwea_id1984
Renewable NRG_id1934
UnitedEquip_id1995
Future Energy_id2008