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The Role of the US Electric Utility Industry in the Commercialization of Renewable Energy Technologies for Power Generation

The Role of the US Electric Utility Industry in the Commercialization of Renewable Energy... AND OVERVIEW In the aftermath of the 1973 "energy crisis" and the ensuing oil price shocks of 1 979-1 980, there was considerable interest in developing and promoting renewable and alternative power generation technologies (RJAs). This burst of enthusiasm-fueled by concerns about drastically rising foreign oil prices and generously backed by the federal government in the form of R&D funding and tax incentives-resulted in an optimistic euphoria that a wide range of RJAs would be commercially viable by the late 1980s or early 1990s. A key element in the federal government's plan to commercialize RJAs was to guarantee a market for the generated electric power at an attractive price. This was provided by the passage of the Public Utility Regulatory Policies Act of 1978, better known as PURPA. Under PURPA, utilities were required to 1 Disclaimer: The views expressed and the conclusions reached are those of the authors and do not necessarily reflect the views of the Southern California Edison Company. 0362-1626/90/1022-0099$0.200 NOLA & SIOSHANSI buy all that was produced by Qualifying Facilities or QFS2 and were required to pay for QF power based on the utilities' "avoided costS. " 3 Utilities were also required to interconnect with http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Annual Review of Environment and Resources Annual Reviews

The Role of the US Electric Utility Industry in the Commercialization of Renewable Energy Technologies for Power Generation

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Publisher
Annual Reviews
Copyright
Copyright 1990 Annual Reviews. All rights reserved
Subject
Review Articles
ISSN
1543-5938
DOI
10.1146/annurev.eg.15.110190.000531
Publisher site
See Article on Publisher Site

Abstract

AND OVERVIEW In the aftermath of the 1973 "energy crisis" and the ensuing oil price shocks of 1 979-1 980, there was considerable interest in developing and promoting renewable and alternative power generation technologies (RJAs). This burst of enthusiasm-fueled by concerns about drastically rising foreign oil prices and generously backed by the federal government in the form of R&D funding and tax incentives-resulted in an optimistic euphoria that a wide range of RJAs would be commercially viable by the late 1980s or early 1990s. A key element in the federal government's plan to commercialize RJAs was to guarantee a market for the generated electric power at an attractive price. This was provided by the passage of the Public Utility Regulatory Policies Act of 1978, better known as PURPA. Under PURPA, utilities were required to 1 Disclaimer: The views expressed and the conclusions reached are those of the authors and do not necessarily reflect the views of the Southern California Edison Company. 0362-1626/90/1022-0099$0.200 NOLA & SIOSHANSI buy all that was produced by Qualifying Facilities or QFS2 and were required to pay for QF power based on the utilities' "avoided costS. " 3 Utilities were also required to interconnect with

Journal

Annual Review of Environment and Resources – Annual Reviews

Published: Nov 1, 1990

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