Third-party entrepreneurs help spur commercialization of wind energy

Journal Article · Thu Apr 01 04:00:00 EST 1982 · Electr. Light Power; (United States)

OSTI ID:5641268

Several utilities have already signed third-party contracts to buy the output of wind farms, the largest commitments being in California and Hawaii. Third-party entrepreneurs, such as Windfarms, Ltd., San Francisco, finance, build, and operate facilities and sell the electric power output to a utility under a long-term contract. As a financial bridge between utilities and new technology, their primary role is to raise capital. A spokesman for Windfarms considers the federal income tax credit for business investment and a DOE demonstration plant as essential for commercialization to succeed, but both are threatened by the administration. (DCK)

• OSTI ID: 5641268
• Journal Information: Electr. Light Power; (United States), Journal Name: Electr. Light Power; (United States) Vol. 60:4; ISSN ELLPA
• Country of Publication: United States
• Language: English

Related Subjects

17 WIND ENERGY
170400* -- Wind Energy-- Economic
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
299003 -- Energy Planning & Policy-- Unconventional Sources & Power Generation-- Other-- (-1989)
COMMERCIALIZATION
ENERGY SYSTEMS
FINANCING
GOVERNMENT POLICIES
INTERCONNECTED POWER SYSTEMS
POWER PLANTS
POWER SYSTEMS
WIND POWER PLANTS