Developing Effective Policies for Renewable Energy Conference on a Renewable Energy Future in Mexico Richard Harkrader Carolina Solar Energy CEO March 8th 2011 Policy Creates Markets Policy Creates Markets Scale Drives Down Price Markets Create Scale

Effective Clean Energy Policy …  Is aggressive but with achievable requirements  Has penalties for missing the requirements  Has adequate Pricing or Incentives  Creates a long term, sustained Market  Policy Examples: First tier - FIT, standard offer Second tier - tax credits, rebates

Essential Steps to Clean Energy Market Development  Learn from other markets  Voluntary Green Power programs can demonstrate local public interest  Educate Utilities and Energy consumers  Form Industry and Trade Associations  Develop workable Codes, Rules, Regulations

Examples to learn from  International - German, Spain, Italy, China, Canada  US examples -California, New Jersey, Pennsylvania, North Carolina, Arizona

Value of a Diverse Energy Mix  Technology Carve- Outs are necessary (in the beginning)  Benefits of different technologies  Least cost vs. market transformation  Putting a value on clean & local

Government’s Role in Clean Energy  Government Policy sets Energy sector Goals  Governments Regulators control Utility Programs  Be inclusive  Choose the best incentives to promote clean energy

Go Long and Deep for big results -  Economic Gain for Local Community  Employment Opportunities  Improved Environmental Quality