Skip to main content

View Diary: Nebraska utility phasing out 5 coal plants for 49% reduction of greenhouse gases for little cost (119 comments)

Comment Preferences

  •  18 months is a half-measure (4+ / 0-)
    Recommended by:
    RandomNonviolence, Amycat, patbahn, jes2

    A 5 or 7 or 10 year PTC extension could really make things happen with wind and solar. Utilities and investors need certainty in order to plan and implement large, utility-scale projects.

    Election Day is Nov 4th, 2014 It's time for the Undo button on the 2010 Election.

    by bear83 on Fri Jun 20, 2014 at 12:28:07 PM PDT

    [ Parent ]

    •  the PTC locks in any plant (1+ / 0-)
      Recommended by:
      jes2

      that is in place before the credit expires.

      so it's a nice deal.

      the problem is trying to get built not knowing if the PTC is coming back,  so you do the long lead stuff, that's cheap
      and try and hustle the quick stuff.

      •  The longer term PTC is needed (0+ / 0-)

        for stuff like big offshore wind projects that take years to plan, finance, and build. In general, you can't do that in 18 months.

        Election Day is Nov 4th, 2014 It's time for the Undo button on the 2010 Election.

        by bear83 on Fri Jun 20, 2014 at 06:44:14 PM PDT

        [ Parent ]

        •  you have to plan, license and do the (0+ / 0-)

          foundations at risk.

          and then build fast the towers and get them spinning.

          but yeah, the planning would be less crazy if the
          PTC was locked in for 5 years.

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site