Worry for Solar Projects After End of Tax Credits – NYTimes.com
This is probably the worst time for tax credits for renewable projects to end, as major energy producers scale back construction plans due to lower oil prices. Though peak production has not made renewables any more popular, looking at the whole picture – America’s energy needs, slow steady growth in the background is how solar would have eventually beat the hare. How convenient is it for oil that renewables’ growth would be hampered at such a time as this.
There is also a possibility that further deterioration in energy construction could derail a recovering economy. There have been serious adverse affect to not only to construction companies, real estate in neighboring municipalities but construction equipment manufacturers have suffered as well.
Do only bright spot:
Transmission Line That Could Bring Wind And Solar Power To Millions In West Gets Go-Ahead | ThinkProgress
As I mentioned in October 2014, HVDC are the probably the only projects that we’ll be seeing in the future. Why? Because they’re independently owned, and the present a cost advantage to utilities: no construction, maintenance or liability. And none of the regulatory hurdles that utilities would like to avoid while they apply for rate increases to combat Solar.