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Gridlock On The Road To Renewable Energy Development: A Discussion About The Opportunities & Risks Presented By The Modernization Requirements Of The Electricity Transmission Network, Kelsey Jae Nunez
The Journal of Business, Entrepreneurship & the Law
In November 2006, the American Council On Renewable Energy (“ACORE”), along with the Renewable Energy and Energy Efficiency Caucuses of the United States Senate and House of Representatives, convened the national policy conference, “Renewable Energy in America: Phase II Market Forecasts and Policy Requirements” (“Phase II”). Several speakers at Phase II argued that continued private sector financing of renewable energy projects will substantially depend on the expansion of the electrical transmission network. The argument follows this logic: developing renewable energy to the point that it can power America's growing energy needs will require substantial investment from private sector investors. These …