Tuesday, September 3, 2013

California and Subsidies for Renewables | The Energy Collective

California has spent two times more on subsidies for solar than nuclear, measured on a per-kilowatt basis, according to a new Breakthrough analysis. The finding challenges a new analysis from DBL investors, which compares nuclear to solar subsidies without accounting for the fact that nuclear generates far more electricity than solar. Comparing subsidies on a dollar-per-kWh basis is more appropriate because it gives a sense of relative effectiveness of subsidies at providing services to society, in this case electricity provision.