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Friday, December 17, 2010

California approves reverse auction renewable energy market







The California Public Utilities Commission on Thursday approved a unique reverse auction market to let renewable energy developers bid on small-scale projects under a program that would generate up to 1,000 megawatts for the state’s three big investor-owned utilities and further spur the solar industry.


Think of it as the eBay approach to ramping up production of carbon-free electricity....


Read the complete article from Reuters below:


California approves reverse auction renewable energy market | Analysis & Opinion |




David




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