Situation in Spain will never be repeated
- The situation in Spain is still in play so it is not useful to publicize the worst-case scenario. See this article from Business Week, which was published after the one that Bob Tregilus shared:http://www.businessweek.com/news/2010-06-17/spain-will-back-down-on-solar-cuts-fotowatio-says-update2-.htmlIn addition, here is my three-point response when "Spain" is used as an argument against FITs:1) Spain made one big mistake: it failed to monitor how much solar was actually deployed in 2008. This mistake led to 2.6 GW of solar being deployed instead of the expected 900 kW. Spain was fully prepared to pay the rate it had set for 900 MW, but paying that rate for three times more has proven to be a very big burden. Hence, the price was too high, but the big mistake was failing to monitor the capacity that was coming online.
2) Spain reduced its solar FIT cap to 500 MW annually; this is more than twice the size of California’s solar market, despite almost identical populations and electric loads. Hence, people who support solar should be spending their energy to create more markets that are the size of Spain.3) The wide publicity about Spain will assure that no future FIT program will ever make the same errors.
On Sun, Jun 20, 2010 at 1:00 AM, <email@example.com> wrote:
Messages In This Digest (1 Message)
- Fwd: Spain to cut revenue of solar From: Bob Tregilus
Recent ActivityNeed to Reply?
Click one of the "Reply" links to respond to a specific message in the Daily Digest.