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| Title: |
Policy Overview and Options for Maximizing the Role of Policy in Geothermal Electricity Development |
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| Creator/Author: |
Doris, E.
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Kreycik, C.
;
Young, K.
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| Publication Date: | 2009 Sep 01 |
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| OSTI Identifier: | OSTI 965979 |
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| Report Number(s): | NREL/TP-6A2-46653 |
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| DOE Contract Number: | AC36-99-GO10337 |
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| Document Type: | Technical Report |
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| Research Org: | National Renewable Energy Laboratory (NREL), Golden, CO. |
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| Sponsoring Org: | USDOE |
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| Subject: | 15 GEOTHERMAL ENERGY; 29 ENERGY PLANNING, POLICY AND ECONOMY |
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| Keywords: | GEOTHERMAL ENERGY; STATE POLICY; FEDERAL POLICY; GEOTHERMAL ELECTRICITY DEVELOPMENT; ENHANCED GEOTHERMAL SYSTEMS; INVESTMENT TAX CREDITS; FINANCIAL INCENTIVES; FEED-IN TARIFFS; FEDERAL FUNDING; STATE FUNDING; Energy Analysis |
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| Description/Abstract: | Geothermal electricity production capacity has grown over time because of multiple factors, including its renewable, baseload, and domestic attributes; volatile and high prices for competing technologies; and policy intervention. Overarching federal policies, namely the Public Utilities Regulatory Policies Act (PURPA), provided certainty to project investors in the 1980s, leading to a boom in geothermal development. In addition to market expansion through PURPA, research and development policies provided an investment of public dollars toward developing technologies and reducing costs over time to increase the market competitiveness of geothermal electricity. Together, these efforts are cited as the primary policy drivers for the currently installed capacity. Informing policy decisions depends on the combined impacts of policies at the federal and state level on geothermal development. Identifying high-impact suites of policies for different contexts, and the government levels best equipped to implement them, would provide a wealth of information to both policy makers and project developers. |
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| Publisher: | |
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| Country of Publication: | US |
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| Language: | English |
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| Size/Format: | Medium: ED; Size: 42 pp. |
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| Rights: | |
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| Availability: | |
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| System Entry Date: | 2009 Oct 22 |
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