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Loan guarantees for solar energy demonstrations. Hearing before the Subcommittee on Energy Research, Development and Demonstration of the Committee on Science and Technology, U. S. House of Representatives, Ninety-Fourth Congress, First Session

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OSTI ID:7351606
Federal loan guarantees as incentives to commercialize new technologies in solar energy were the subject of a one day hearing. Sheldon Butt of Solar Energy Industries Association submitted written testimony recommending changes in the proposed legislation and outlining a comprehensive solar program including the development of standards. He urged extension of the guarantees to cover producers of unique equipment, such as large-volume, efficient, low-cost lines of photovoltaic cells. Dr. Richard Greeley of the Mitre Corp. presented a timetable of estimated achievements to follow a successful demonstration program. He stressed that heating and cooling, for example, while already technically developed, have not been shown to be economically feasible. He felt that private money should wait until solar technology is commercially viable. Speakers for Arizona stressed the importance of solar energy to this energy-poor state. The National Rural Electric Cooperative Association objected to the prohibition on leverage leasing on the grounds that it would prevent electric utilities from participating in the program. Additional statements and material are appended for the record. (DCK)
Research Organization:
U.S. House of Representatives, Committee on Science and Technology, Subcommittee on Energy Research, Development and Demonstration, Washington, DC
OSTI ID:
7351606
Country of Publication:
United States
Language:
English