{"id":828,"date":"2009-01-26T20:22:21","date_gmt":"2009-01-26T20:22:21","guid":{"rendered":"http:\/\/www.energyrefuge.com\/blog\/?p=828"},"modified":"2017-09-05T17:54:16","modified_gmt":"2017-09-05T21:54:16","slug":"renewable-energy-financial-forecast","status":"publish","type":"post","link":"https:\/\/www.energyrefuge.com\/blog\/renewable-energy-financial-forecast\/","title":{"rendered":"Renewable energy financial forecast"},"content":{"rendered":"<p>Good news on the solar power front as far as economics go, or so it seems. Triple Pundit has a <a href=\"http:\/\/www.triplepundit.com\/pages\/from-shortage-to-surfeit-solar-cell-modu.php\">report<\/a> with a round-up of links pointing to the fact that consumers will benefit from decreasing costs involved in installaling solar power systems in their homes while manufactures might lose on the profit margin. <\/p>\n<blockquote><p>The removal of the $2,000 cap and an eight-year extension of the 30% Federal solar tax credit for homeowners that was included in the Federal government&#8217;s $700-billion financial industry bailout and stimulus plan is another big factor expected to drive costs down.<\/p><\/blockquote>\n<p>However, a <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601070&#038;sid=awAasQBsmz0o&#038;refer=home\">report posted today on Bloomberg<\/a> issues a word of caution about the difficulties the Obama administration may stumble upon. &#8220;New loans to harness the wind, sun and biodegradable waste will need extra government backing in a deepening recession&#8221;. The statement was made by Clayt Tabor, finance director at Midwest Wind Finance, a wind-farm developer in Minneapolis. Mr. Tabor said that even fully funded projects may exceed the 2012 deadline to double renewable energy because they take at least three years to develop. <\/p>\n<p>Still, not everyone is discouraged as far as investment goes. A <a href=\"http:\/\/www.delawareonline.com\/article\/20090126\/BUSINESS\/901260312\/1003\">report about the Wharton Energy Conference<\/a> notes that several speakers remained bullish about the renewable energy market in the current crisis climate as &#8220;energy volatility has underscored one of the chief benefits of wind, solar and geothermal energy: The fuel is free, making it easier for producers to plan, and it attracts customers who want steady prices.&#8221;<\/p>\n<p>What do you think? The discussion is open!<\/p>\n<p><!--adsense--><\/p>\n<h3 class='related_post_title'>Related Posts:<\/h3><ul class='related_post'><li>No Related Posts Found! Go find some...<\/li><\/ul>","protected":false},"excerpt":{"rendered":"<p>Good news on the solar power front as far as economics go, or so it seems. Triple Pundit has a report with a round-up of links pointing to the fact that consumers will benefit from decreasing costs involved in installaling solar power systems in their homes while manufactures might lose on the profit margin. The [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-828","post","type-post","status-publish","format-standard","hentry","category-miscellaneous"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.energyrefuge.com\/blog\/wp-json\/wp\/v2\/posts\/828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.energyrefuge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.energyrefuge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.energyrefuge.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.energyrefuge.com\/blog\/wp-json\/wp\/v2\/comments?post=828"}],"version-history":[{"count":1,"href":"https:\/\/www.energyrefuge.com\/blog\/wp-json\/wp\/v2\/posts\/828\/revisions"}],"predecessor-version":[{"id":9726,"href":"https:\/\/www.energyrefuge.com\/blog\/wp-json\/wp\/v2\/posts\/828\/revisions\/9726"}],"wp:attachment":[{"href":"https:\/\/www.energyrefuge.com\/blog\/wp-json\/wp\/v2\/media?parent=828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.energyrefuge.com\/blog\/wp-json\/wp\/v2\/categories?post=828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.energyrefuge.com\/blog\/wp-json\/wp\/v2\/tags?post=828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}