The Interview: Public Incentives Roundtable
The second key point is thinking about making sure that the incentives drive down the cost over time because what we observe with some of the incentives on a global basis is they had a tendency to increase the price. Take a look at some of the feed-in tariffs in Germany. One of the problems was to drive up the price of silicon on a global basis, which reduced the amount of deployment of that technology globally relative to what should have happened in a market environment. We need to make sure the incentives are such that you are able to drive down the price systematically because that has to be the goal of the incentive structure. It's not just deployment; it's deployment driving down a price consistently so we're at a price where the market can take over in a finite period of time.