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A Rare Peek at Green Energy Economics - Green Inc. Blog - NYTimes.com
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A Rare Peek at Green Energy Economics
California regulators have approved contracts for more than 8,600 megawatts of renewable energy , to be generated mostly by big solar power plants for the state’s largest utilities. But the details of those deals and the emerging economics of green energy often remain shrouded in secrecy, subject to confidentiality agreements.
That black box cracked open a bit on Thursday, when the California Public Utilities Commission gave the green light to two 25-year power purchase agreements between Pacific Gas & Electric and BrightSource Energy , a solar power plant builder based in Oakland, Calif.
When approving contracts for 310 megawatts of solar electricity, the utilities commission also signed off on an apparently first-of-its-kind technology royalty agreement between BrightSource and PG&E.
Under the contracts approved Thursday, BrightSource will generate electricity from two ...
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Flora Moon added to AlterFuel, Green Business and Investing, Solar Power 6 months ago
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