IREC, NCSC: Valuing solar through market diversity (Varnado)
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Transcript of IREC, NCSC: Valuing solar through market diversity (Varnado)
Valuing Solar Through Market Diversity
Laurel Varnado Interstate Renewable Energy Council
NC Solar Center ASES 2010
Market Structure
Solar ABCs Report: Sustainable Multi-Segment PV Markets
Wholesale Markets and Retail Markets – Different players with different needs
U.S. Market is unique in that we have so many different interests at stake
Wholesale Markets: Avoided Cost, FIT’s and RFP’s/Auctions
Responsive to Markets
Limits impact on non-participating rate- payers
Promotes sustainable funding and efficient system design
Avoided Cost
Feed-in Tariffs
RFPs and Auctions
Self-Generation leads to reduced electric bills,
Fewer, if any, tax implications
Easy process for enrollment
Retail Markets: Net Metering, Community Solar
Net Metering
Community Solar
Incentive Programs
Benefits of a Diverse System
Mitigates risk by decentralizing policies.
Can favor more efficiency in products and system design.
Appeals to a broader audience of potential customers
Disadvantages of a Diverse System
Can be confusing, competitive and continually changing.
Climate is less certain.
Not all policies reflect the value of PV.
Thanks!
Laurel Varnado NC Solar Center (919) 513-1534 [email protected]