08 Feb '12, 6pm

Is California’s Solar Gold Rush Destined to Fail?: With a mandate to obtain 33 percent of its power from renew...

Is California’s Solar Gold Rush Destined to Fail?: With a mandate to obtain 33 percent of its power from renew...

With a mandate to obtain 33 percent of its power from renewables by 2020, a governor determined to meet that mandate, and an economy turning toward renewables for renewal, the real potential of California’s “solar gold rush ” is no small question. Author and director of the the New America Foundation’s Energy Policy Initiative Lisa Margonelli opened the Zocalo Public Square discussion by describing the dimensions of the gold rush. “We have about 2.5 gigawatts of solar approved,” she said. “We had about 225 megawatts in 2005-2006. We’ve scaled up by ten.” And, she added, “A gigawatt is essentially what a nuclear power plant produces.” Capacity factors differ, she noted, but “it’s clear we’re advancing toward some kind of tipping point” and “we’re about to find out what solar means.” A show of hands requested by Director of U.C. Berkeley’s Renewable and Appropriate Energy La...

Full article: http://www.greentechmedia.com/articles/read/is-california...

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