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June 19th, 2008

2025: The year solar power could reach 1/10 of energy supply

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Clean Edge and Co-op America recently released a report that suggests solar power could reach one-tenth of the U.S. energy supply by the year 2025, as posted on GreenBiz.com.

The Utility Solar Assessment (USA) Study finds that in order to truly increase solar power usage in the U.S., utilities will be required to play a more active role. Utilities are asked to take advantage of solar power, especially during peak periods when grid congestion is high, and to develop new business models to adapt to these new market realities. 

The report identifies solar companies and regulators and policy makers as other key stakeholders in delivering solar energy. Solar energy companies are tasked with streamlining processes such as installation and making technology more user-friendly. Regulators and policy makers are told they must make significant, long-term investments as well as production tax credits for solar and other renewable energies.

Here at TerraChoice, our science team is reviewing the EcoLogo criteria for renewable, low-impact electricity, which includes solar, wind, water, biomass and biogas-fueled systems. We’re also looking into geothermal as well as tidal and ocean energies as additions to this list. 

GreenBiz.com also remarks on how solar power is quickly becoming a cost-effective alternative to fossil fuel-based energy sources. That certainly peaked our interest. 
Download the USA Study from SolarCatalyst.org and stay tuned for more EcoLogo renewable, low-impact electricity news and for information on how to participate in this category’s review process.

Posted by KateRusnak in Uncategorized

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